MEMEUSDT - A meme like support holding it strongBINANCE:MEMEUSDT (4H CHART) Technical Analysis Update
TOKEN is currently trading at $0.022504 and showing strong bounce back from its long tested support around 0.021543
This supported has retested 4 times and two times it bounced back to its resistance level. we are expected the next movement to reach its resistance around 0.029273 range
Long Entry level: $ 0.022504
Stop loss: below $ 0.019500
Target 1: $ 0.024066
Target 2: $ 0.026430
Target 3: $ 0.02933
Max Leverage: 5x
Don't forget to keep stop loss.
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MEMEUSDT trade ideas
$MEME #Memecoin Trading IdeaMEME Memecoin formed an ascending triangle on a daily timeframe. This could be a huge move to the upside if the price breaks and closes above the resistance zone ($0.043-0.053).
Full send after the breakout! This bullish setup remains valid if the price sticks inside this pattern and will not go below our support trendline.
MEME UpdateThe movement of the previous analysis was done well.
Note, the MEME data on the chart is a small data and the analysis may be wrong. It is a meme coin and has its own risks.
It looks like we have a triangle with an extra X branch on the chart.
We enter buy/long position only when this risky coin reaches the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MEME target 0.674h time frame
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Last analysis of MEME pointed out there was a potential cup and handle structure, but fail now. MEME kept going down and retested the neckline zone. So far, MEME is maintaining in a reasonable support zone around 0.033~0.036. Also, MEME just dump and try to make a wick low now, so we can set up a trading plan with great risk to reward ratio here.
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TP: 0.67
SL: 0.0293
MEME target 0.0674h time frame
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MEME is creating a potential Cup and Handle structure since reaching 0.057. Target of this CH is 0.067. Furthermore, according to Fibonacci Projection, there is a projected target from 0.382 to 1.382, which pump momentum will push MEME to 0.067. Structure and Fibonacci both point that 0.067 is the critical resistance, that is 'target resonance'.
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TP: 0.067
SL: 0.040
#MEME/USDT | Ready to rise strong#MEME
The price is moving in a descending channel for 1 day
The channel is expected to be breached to the upside in a strong manner as long as we do not break the support marked in green
From which the price rebounded more than once
We also have a reversal candle on today's frame
Supported by oversold on the MACD indicator
And upward momentum for the market
Entry price is 0.02200
First target 0.02325
Second goal 0.02531
Third goal 0.02689
Fourth goal 0.02917
Memecoin | Santa Rally, possible 50% ! |Dear Traders,
According to 4h chart, it shows many bullish signs.
First of all, it is a bullish flag pattern which we can see.
The RSI is below 30% for 6 days, from there the price must go upwards.
The MACD also shows some weakness with selling, hopefully there will be a purchasing accomodation.
The Ichimoku cloud always represent a support and ressistance. We will be ABOVE the green cloud in two period later (8h) so it is ready to be traded safely.
My personal problem here is that we goes below the green ichimoku cloud, that is not a good sign for trading, but i keep following this coin because we saw 2 times 50 % increase in price within 24 hours. If that trend keep going, christmas gift will be fallen from santa rally :)
Kind note that this coin should be observed frequently, because it show a higher volatility from we the traders can catch profits. So keep your eyes open and start trading.
Check my analysis on this coin before.
Take it easy.
Good lock
Memeusdt trading opprotunityMemeusdt has experienced a breakdown of the rising wedge, with the price potentially forming a bearish SHS pattern.
The recommended approach is to consider short positions below the neckline and target the strong accumulation area, represented by the external demand zone.
It is important to closely monitor the price movement towards the weak support level, as a significant bounce from this point may reignite bullish sentiment for the coin. The chart provides a clear illustration of these dynamics.
Your comments and likes on our analysis are greatly appreciated.
Thank you.
MEME LOOKS BULLISHLooks like an A and B wave is over. Now the price is trying to enter the bullish wave C.
Also, MEME has reclaimed an important area. By maintaining the Flip area, it can move towards the targets.
The targets are clear on the picture.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#MEMEUSDT (Watchlist) 2-2024MEMEUSDT is the trading pair for Memecoin (MEME) and Tether (USDT) stablecoin on cryptocurrency exchanges.
MEME is the native token of Memeland, the web3 venture studio by 9GAG, a popular meme platform.
Current Price:
~$0.0232 (as of February 11, 2024)
Market cap: ~$226 million (MEME token, not applicable for trading pairs)
Recent News:
MEMEUSDT trading launched on major exchanges like Binance and BitKan in November 2023.
The price trended upwards after launch but has recently experienced some stability.
There is excitement surrounding Memeland's potential but also concerns about the speculative nature of the token.
Consider for Watchlist:
When we recommend adding a coin to your watchlist, it's typically due to forming a pattern, nearing a historical bottom, or approaching a strong support level. It may also show increased trading volume, reversal candles, or be in an accumulation stage. While we haven't observed a bullish reaction yet, we advise monitoring it until an optimal entry point emerges.
PS:
We avoid trading coins associated with gambling, prostitution, human trafficking, etc.
Note:
This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks.
Best wishes to all,
we ask Allah reconcile and repay. 🙏
MEME target 0.0474h time frame
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MEME is breaking the horizontal resistance with a bottom structure and correcting so far, the support at 0.029 is critical for MEME to create a triangle that is also a potential continuation structure. The critical support is made from structure and 0.5 Fibonacci Projection, that provide an opportunity to set a long trading plan.
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TP: 0.047
SL: 0.027
MEME/USDT Facing on the key resistance area, Could MEME break ?💎MEME has recently displayed noteworthy market dynamics, as it approaches a key resistance area. A breakout above this area could indicate bullish momentum, potentially leading the price toward our target area.
💎 However, if MEME fails to break above this resistance and faces rejection, there is a possibility of the price declining and heading toward the demand area in the range of 0.0295 to 0.0275 to gather new momentum.
💎 The demand area holds significant importance, as a failure to bounce from this level could lead to a breakdown and further downward movement towards the strong support area, possibly even lower.
MEME - Just long it with tight stop lossI love this meme, the Binance launchpool meme coin. It should pump from here, the floor is holding pretty nicely. Also, there is a great indicator called "Sentiment in crypto Twitter". I see no one is posting crazy pnls and ROIs. Everyone disappeared. That is the bottom.