BRETTUSDT trade ideas
$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
#BRETTUSDT Chart Update in 6-Hour Timeframe.Hello everyone, I’m Cryptorphic.
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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.
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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.
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 Becoming PrecariousAs you can see in the chart, BRETT is forming a kind of rising channel.
It's not an exact science, so it's a relatively crude rising channel so may be imperfect, however; if this channel is even close to correct, if BRETT breaks the apparent lower trendline of this channel, it will become very bearish, very quickly.
It has also been holding the 100 MA, but has broken below this.
BRETTUSDT | Everything is TrendingThe entire market is trending, and it's time to ride the wave! BRETTUSDT is set to reach new highs!
Market Context
With the market's bullish momentum, BRETT is perfectly positioned for a breakout.
Trade Setup
We've got the wind at our backs, and I'm targeting a new high for BRETTUSDT. The volume and price action are aligning perfectly for a major move.
Don't miss out—let's see just how high BRETT can soar!
Brett done? If you find this information inspiring/helpful, please consider a boost and follow!
Quite the dump.
Pitchfork has been responsive.
Watching how this impulse retraces.
Could just be prof taking but, need a bit more clarity.
A nice step would be a reclaim of 0.96
Waiting for some clues to play off of, but a nice impulse complete is a nice anchor to play off of.
#Elliottwave
Brett First 5 Wave Impulse to around 0.18$Hello guys,
forecasting Brett's price action we are looking at an immediate 200+% Pump lining up for Based Brett, relying on Elliot Wave Theory.
We are within the 4 of the wave 3 I drew.
Then a bigger 4 will happen to correct the 3, and then a last 5 into the areas.
Afterwards, Brett will have completed his first 5 wave bigger impulse, correct strong afterwards to then completely escalate within its following big wave 3.
Micro: Wave 4 of the 3
Medium: Wave 3 of Major 1
Macro: Wave 1 of Wave 5
#BRETT "Growth Spurt: Buy Your Ticket to Profit!"**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
$BRETT ready to explodeBRETT is trapped in a defending triangle.
The RSI is making lower lows and once the trensline is broken, the next leg up is obvious.
Also, the rising interest in Memecoins and the BASE ecosystem will provide the necessary volume.
I am very optimistic about seeing a new all time high for BRETT ver soon.