SILLY/USDT 1DKey Observations:*1. *Current Price:
- 0.01668 USDT
- Daily Change: +0.00028 (1.69%)
- Volume: 2.41 million
2. Resistance Levels:
- Monthly Resistance: 0.03571 USDT
- Weekly Resistances: 0.02816 USDT, 0.01700 USDT
3. Fibonacci Retracement Levels:
- 0.236: 0.01307 USDT
- 0.382: 0.01745 USDT
- 0.618: 0.02182 USDT
- 0.786: 0.01937 USDT
- 1.0: 0.02182 USDT
- 1.618: 0.02890 USDT
- 2.618: 0.04035 USDT
- 3.618: 0.05180 USDT
- 4.236: 0.05888 USDT
4. Moving Averages:
- MACD: Shows a blue line (MACD line) and a yellow line (signal line), indicating potential bullish or bearish trends based on crossovers.
5. Annotations:
- Price Targets:
- 0.01882 USDT: Gain of 111.62%
- 0.01151 USDT: Gain of 68.28%
Analysis:*1. *Support and Resistance:
- The price is currently at 0.01668 USDT, approaching the weekly resistance of 0.01700 USDT.
- If it breaks this level, the next targets are 0.02182 USDT (0.618 Fibonacci) and higher levels like 0.02816 USDT (weekly resistance).
2. Fibonacci Levels:
- These retracement levels suggest potential support and resistance zones where the price might reverse or consolidate.
3. Volume Analysis:
- The trading volume is significant, indicating active market participation, which can confirm price movements.
4. MACD Indicator:
- The MACD can help identify potential bullish or bearish trends. A crossover of the MACD line above the signal line could indicate a buy signal, while the opposite crossover could suggest a sell signal.
Strategy:- Entry Point: Around the current price, if the price breaks and closes above the 0.01700 USDT resistance level.
- Stop-Loss: Just below the 0.236 Fibonacci level at 0.01307 USDT to manage risk.
- Profit Targets: Aim for the Fibonacci extension levels at 0.02890 USDT, 0.04035 USDT, and 0.05180 USDT for potential gains.
DYOR
NFA
TYOR
DCA
SILLYUSDT trade ideas
A SILLYlong setup!A past weekly open/close that has not been respected. A local VAL and a nice hunt for stop loss.
A super sniper entry. position will be max leverage with smallest margin possible
Truly a silly setup!
SILLY, a 1000% prospect price growth awaits this COIN!I'll make this sweet-and-short since this is a meme coin.
Based on recent long term data metrics, this is showing some BIG SHIFT already on its long term trend. With its un-abused mcap, this is giving off a 1000% ++ growth prospect.
It's exhibiting the same DNA as TRB's 15.0 era, and BONK'S and PEPE's 'before the 10x+' era.
If you missed the moon rockets of those three, then SILLY will be your friend.
Again this a meme coin, so be mindful.
I have bought some tickets on this one just in case.
Spotted at 0.01800
Always prioritize trade safety.
TAYOR.
Why I'm Buying Silly Dragon (SILLY) – Analysis/ Prediction🚀 Why I'm Buying Silly Dragon (SILLY) – Price Analysis and Predictions
In this video, I’m diving into my analysis of Silly Dragon (SILLY) and explaining why I'm looking to buy. I'll break down the key factors driving my decision and where I expect the price to spike to.
We'll also keep an eye on Bitcoin, as its expected drop could trigger a money flow into Altcoins, making this a prime opportunity for SILLY.
Key points covered:
In-depth analysis of Silly Dragon (SILLY) and its potential
Price predictions and target levels for SILLY
Correlation between Bitcoin's movements and Altcoin performance
Strategic insights on how to capitalize on this market opportunity
Join me for a comprehensive look at this promising Altcoin and learn how to position yourself for potential gains. Don't forget to like, comment, and subscribe for more crypto insights and trading strategies. Let's capture those spikes together! 🚀💹 And remember to hit the Boost Button on this video to support our Trading View community!
Disclaimer: Cryptocurrency trading involves significant risk and is not suitable for every investor. Carefully consider your financial situation and risk tolerance before entering any trade. Always perform your own research and seek advice from a licensed financial advisor if needed.
SILLY enter new whale start volumeSILLY seems interesting since the trend activation shows a new building on whale volume.
This coin could have interesting volume in the coming time frames which we going to follow with updates.
WE will follow step by step the whale volume trend
Possible Silly movesCompression is ending this weekend if it pass resist dash will be folowing to the previous ath with corections moves to red line.
Silly the Dragon will will have a reboundHi everyone!
In this video I am going to explain my thought process with my trade setup
It's a quick 1 minute video showing
The higher timeframe analysis
The current trend
Expected rebound price (golden zone in fib)
The type of trade I will be doing = Swing Trading
The leverage at 12x
And my stop loss.
Hopefully we'll be able to capture this move!
Is Silly Dragon the next 100X Meme cion? SILLYUSDTSILLYUSDT Long
Silly has broken out of a downtrend, sentiment for meme coins is high at the moment. Expect big pumps.
Wait for price to come into trading range.
Look to take profits at;
0.0556
0.0740
Caution, do not fomo into meme coins, wait for the price to come in range. Do not over leverage and always make sure your have a stop loss.
SILLYUSDT - LONG SETUPSILLYUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price has given the breakout from falling wedge and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.05840
SILLY OUTLOOK Currently silly break the trendline with strong candle and high volume,silly posible to take the supply at 0,05 in the next few week
ScalpA great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
Be patient and enjoy your profit
GIVING SILLYUSDT POTENTIAL..BYBIT:SILLYUSDT.P
I'm giving SILLYUSDT the benefit of the doubt as this is the 4th reaction around this 0.03 mark so we are looking to catch a limit order from the last swing down as it is potentially the bottom for the coin and will make its way up to 0.05/0.06 mark for new highs.
Staying consistent with the 1:5 R/R
Thanks guys
SILLYHigh-risk experimental deal. Entered out of curiosity to see if the hypothesis will be confirmed.
Dangerous! High funding!
SILLY/USDT.P BYBIT:SILLYUSDT.P
This idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 0.5% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.
Be carefu, as the coin is very popular and volatile
Use minimal risk.
SILLY target 0.114h time frame
-
SILLY is retesting the rounding bottom structure, that also means SILLY might create a symmetrical structure by reaching 0.11. This scenario allow us to set up a trading plan, which risk to reward ratio is good and almost 3.
-
TP: 0.11~0.13
SL: 0.069
Silly Dragon NYE 2023-2024This chart is pretty. I think it can go either way but I'm hoping up. lol
So what's it going to be?
Nice MA divergence happening at the moment.
RSI seems trending up but not quite obvious.
Hype for "Year of The Dragon" is real.
News cycle is picking up on it as we speak.
What's gonna' happen???? (drum roll)