BENDOG LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
BENDOGUSDT.P trade ideas
BENDOG, road to massive multiple x price growth comeback!Ben the Dog (BENDOG) is a meme coin and decentralized ecosystem built on the Solana blockchain. It is inspired by the story of Anatoly Yakovenko, the founder of Solana, who was motivated by Talking Ben the Dog to pursue his blockchain project. BENDOG aims to create a playful ecosystem within the crypto community.
BEN is another meme coin which has garnered a lot of interest during its inception, and has made two ultra parabolic highs since its maiden launch. Last time, it reached a parabolic high of 0.078 before a massive trim down to minus -7x correction to current levels due to overall market selloff.
Now, BEN is hinting of a big shift / reversal by breaking its ltf downtrend structure.
Expect some good series of upside price movement from here on.
Current price zone is a definite bargain area.
Ticket prices are cheap now.
Spotted at 0.013
Target at previous peak at 0.078
TAYOR
BENDOG/USDT GOING FOR THE NEXT BREAKBENDOG/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
There is a good chance for a break, the chart shows 3the possible break, which can affect over 50%, the coming time frame we should follow for exact data.
The first focus target is
BENDOGUSDT | Ready for Continuation?Market Context
Is BENDOGUSDT primed for continuation? The price action suggests it's more than likely!
Chart Analysis
Both the daily and 4H timeframes are painting a promising picture. We've got momentum on our side, and the charts are aligning for a potential breakout.
Strategy
While nothing is ever certain in trading, this setup looks incredibly strong. I'm betting on a continuation and excited to see how this plays out.
Let’s watch BENDOG soar—stay tuned!
Elliott Wave and ABC Correction Analysis on BENDOGUSDT PerpetualThe chart depicts the price movement of the BENDOGUSDT Perpetual Contract on a 15-minute timeframe on Bybit. The chart illustrates an Elliott Wave analysis with the following key points:
1. **Elliott Wave Count**:
- Wave (1) starts at the bottom, moving up to a peak.
- Wave (2) is a corrective wave, moving down.
- Wave (3) is an upward impulsive wave, exceeding the peak of wave (1).
- Wave (4) is another corrective wave, moving down but staying above the peak of wave (1).
- Wave (5) is the final upward wave, surpassing the peak of wave (3).
2. **ABC Correction**:
- Wave (A) is a downward movement following the peak of wave (5).
- Wave (B) is an upward corrective wave, not surpassing the peak of wave (5).
- Wave (C) is projected to move downward, completing the ABC correction pattern.
3. **Support and Resistance Levels**:
- Various support and resistance levels are indicated, with key price levels marked by horizontal lines.
- Resistance levels are shown around 0.068982 and 0.069599.
- Support levels are indicated around 0.023791 and 0.038266.
4. **Risk-Reward Ratio**:
- A short position is illustrated with an entry point around the peak of wave (5).
- The stop loss is set above the peak of wave (5)
- The take profit target is set below wave (C), indicating a favorable risk-reward ratio.
The chart uses typical technical indicators and drawing tools to outline the Elliott Wave pattern and the ABC correction, with significant emphasis on the risk management strategy through defined stop loss and take profit levels.
BENDOG next 1x soon hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
