BRETTUSDT trade ideas
BRETT CyclesHave we seen Brett like this before? I think we have, the altcoin market has not been good and we are expecting for choppy times, what I propose is Brett being on a similar position on a lower marketcap and shorter timeframe, this same projection has been playing out quite similarly and might give us some clue to what can happen. COINEX:BRETTUSDT
$BRETT getting ready for another push to ATHMassive hidden bullish divergance currently shown. $BRETT has been making waves in the crypto space as being the largest memecoin on base chain & also the first memecoin on base to reach a billion mrktcap. Thesis is $BRETT will follow PEPE as ETH makes new highs.
BRETT Continues To Trade At Support LevelBrett has been trading in a bull flag for more than two months. During that time, the token made several unsuccessful attempts to breakout of the flag.
Conversely, the latest sell-off temporarily pushed the price below the lower trend line. However, Brett moved back into the channel quickly.
➡️ Where are we now?
Although Brett trades back in the bull flag, it hasn't been able to gain substantial momentum. Conversely, it remained close to the support line. Additionally, a break of the short-term downtrend (EMA25) was rejected. As a result, Brett trades in a clear downtrend on the 4H chart (price below EMA200, 100, and 25).
🧐 What to do?
I am cautious with short-term long trades. Since the trend clearly shows a downtrend, you will only go short at this time. As the first promising signal, we need the price to move above the EMA25 and, even better, the EMA25 to move above the EMA100. Until then, I will keep my feet still. No trade position is a position, too!
BRETT Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
In this daily timeframe, BRETT is showing a rebound from the support level of $0.08143. The price is currently at $0.09923, and if the market favors the bulls, BRETT will likely rally toward the $0.1324 resistance trendline.
Key levels:
- Primary Support: $0.08143
- Resistance: $0.1324
- Upper Resistance: $0.1955
- Invalidation: A close below the support level.
DYOR. NFA.
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BRETT About To Reconquer The Bull FlagWe watched Brett closely before the recent drop since it was about to break out of its bull flag several times. However, in the end, the token was rejected every time, and we didn't enter (fortunately).
Yesterday, Brett delivered one of the most exceptional performances. First, there was a massive drop of ~30%. Accordingly, Brett was among the biggest losers — intraday. However, Brett started a fulminant recovery and closed the day green!!
Today, Brett is already up more than 10% and has also engulfed Sunday's price drop. This is actually one of the strongest performances I have seen during the last few days.
Although I am not a fan of meme coins, I am a fan of trading opportunities, and Brett's strength definitely caught my interest again.
However, I will stick to my previous strategy and wait for a break from the bull flag to the top. Once this happens, I will definitely be in for a ride!
BRETT — Ready To Breakout And Surge 115%After a short correction, Brett returned to the upper trendline of the bull flag. This time, the meme coin seems more than willing to break out this time.
Already last week, I talked about the bull flag Brett entered after its massive pump in May. Moreover, Brett made several attempts to break it, but so far, the token has always been rejected.
Today, Brett is one of the top gainers, with 11% at the time of writing. It also touched the trendline shortly but obviously did not have enough power to push through after the pump.
Nevertheless, based on the current momentum, Brett is ready to break the resistance. Once broken, Brett will easily rally 30% to its next resistance. But that won't be the final destination. Based on the pole flag of the bull flag, Brett's target sits at 0.3 !!
As always, we should wait for a clear breakout and confirmation on a higher timeframe before entering a trade!
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Why BRETT Can Pump Another 115%Brett delivered an amazing performance in May/June, surging over 500%. Logically, it entered a healthy consolidation phase after this massive pump.
After hitting the local high (0.19) in June, Brett initiated a bull flag pattern, and the price descended 30% to 0.125.
To clarify: Such a correction is healthy and needed — especially after a 500% pump. Moreover, the pattern Brett currently prints is a bullish continuation pattern. Accordingly, there is a high chance of an outbreak at the top.
In this case, Brett has to tackle the resistance at the latest top in a first step. Based on the current price, this has a potential of 30%.
And here's the spicy part: Once this resistance falls, the next logical resistance sits at 0.3, resulting in a potential of 115%.
From a market cap point of, such a move would catapult Brett to the level of FLOKI, WIF, or BONK.
Brett looking strongBrett is forming a huge bull flag pattern get ready, I was conservative on my target just so you know
BRETT healthy retrace supportlooking for support below at the marked areas of confluence.
the breakers are marked by Supply/Demand volume.
the bigger the number the better the support.
The yearly vwap could be a great bounce. We shall see.
Not Ever Financial Advice.
BRETT STILL BEARISH, AS NO BOS HAS OCCUREDAppears to be a pullback to entry. We could expect a liquidity grab after sweeping the buyside liquidity just above as entry to sell to the nearest sell side liquidty and orderblock located at the bottom as seen on the chart.
Short This Crap...One of CTs favourite shilled memecoins...yep probably in the bagholder phase where all the wild targets are being thrown around on a massive bull trap...Q the free fall.
$BRETT Broke It's Critical Trendline - Dump Incoming!I understand the bull case for $BRETT with all the influencers supporting it and it being the "Blue Chip" on BASE, but....
the chart is at an inflection point now after breaking its trendline, and battling to hold the 50% retracement level
if it doesnt hold, expect ~20% dump to the .382 fib, but more likely 40% to .236
if it rallies from there, which it should with all the influencers supporting it, then you should have a good meme on your hands.
maybe ill consider buying at the .236
BRETT PriceThe BRETT memecoin traded in an uptrend and decisively held gains in the upward trajectory and makes a strong contender to outperform in the upcoming sessions.
#BRETTUSDT Chart Update in 6-Hour Timeframe.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
BRETT has broken above the bullish pennant and is currently retesting the resistance trendline. It is likely to see a rebound after the retest, which will push the price to test the all-time high level at $0.1955.
The 50 EMA (blue line) shows decent support for BRETT. A breakdown below the 50 EMA will likely drop the price to the lower support level of $0.1256.
~ Primary Support/Entry 1: $0.15 to $0.1568.
~ Lower Support/Entry 2: $0.122 to $0.1256.
~ Primary Resistance/Target: $0.1955 (All-time high).
~ Invalidation point: A breakdown and close below the lower support level.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
$BRETT Brett(Based) Trading IdeaBRETT/USD formed a potential ascending triangle pattern. Money flow tries to reverse to the upside. Celebrities promoting it! Full send after a breakout. Do you think it's still a good time to invest in?
Brett is ready to movethe price action of BRETTUSDT on a 4-hour timeframe using data from Bybit. The chart highlights key levels, trends, and projected movements, including order blocks and support and resistance zones.
Order Block:
An order block is identified around the 0.15393 level. This area indicates a zone where significant buying or selling activity has previously occurred, leading to a potential area of interest for traders.
Support and Resistance Levels:
Support Level: The chart shows a key support level around 0.14794, which has acted as a base for the price.
Resistance Levels:
The first resistance level is around 0.16078.
The second, stronger resistance level is at 0.17076.
Price Action and Trend:
The price is currently attempting to break above a descending trendline, suggesting a potential bullish reversal.
The projected price movement indicates an upward trajectory, with the price expected to rise towards and potentially surpass the resistance levels.
Potential Price Movement:
The chart indicates a bullish scenario where the price moves upward, possibly facing some resistance around the 0.16078 level before continuing to the 0.17076 level.
If the price breaks above the 0.17076 resistance, it could target higher levels, with 0.18875 marked as a potential future target.
BRETT Inverse H&SRight Shoulder of Inverse H&S completed here.
A break of neckline at .15 will take BRETT to .21
BASED PEPE-BRETT-TRUMP-WEIRDO-PEPE0x69-ETC - Today and BeyondBASED MEME COIN SUPERTHREAD
Im gonna Start trying to Follow some hardliners and some new one's
Speculate the Speculators and do some Trend Analysis as Well as Fundamentals
The Based MEME Coin space is literally a Wild West and you can get Wrecked playing fast and loose
BRETT has been a darling of the space with a whole host of Support coins and is popular on many DEX's providing price speculation leaving profit for scalpers
$Brett to complete a wave 4 then onwards towards that 10B MC$Brett to complete a wave 4 then onwards towards that 10B MC
Brett Looks JuicyMoney flow decreasing on Brett, this looks really nice and juicy to me. Move to the downside clearing ALL vector zones to the golden Pocket. 1st golden pocket is TP1 and if the move is still in aa bearish continuation then my tp2 will be my Second golden pocket fib
#BRETT/USDT perfectly rejected after turtle soup in 4-Hour TF!#BRETT/USDT perfectly rejected after turtle soup in 4-Hour TF!
$BRETT is heading towards the Daily FVG. Wait for a bullish momentum from there to along some.
