ETHISDT.P Hello, my dear degens,
Here's ETH on the 30-min chart. I'm shorting because the price was rejected at two resistance levels: the 200 MA and the black line.
Not financial advice. Stay safe!
Degen
BTCUSDT.P Hey degens,
Here's BTC on the 30-min chart. I'm shorting because the price is dipping below the 200 MA and got rejected from resistance (the black line).
This is not financial advice. Stay safe!
DOGEUSDT.PTo whom it may concern,
This is DOGE, the biggest #memecoin in #crypto, with leverage up to 75x, so things could get risky. I’m watching the daily timeframe, and my outlook on this chart leans more bearish than bullish.
The blue line is now acting as resistance, and based on price action, the black line could be the next support level to be tested. If the black line holds, it could push the price up toward the top black line.
The volume adds some uncertainty, as steady levels could support a bullish move. 2
If you have any questions, feel free to ask.
This is not financial advice. Stay safe and humble.
RATSUSDT.P
Hello dear friends,
Another degen SHORT is coming your way! This time, it’s 1000RATS on the 30-minute timeframe. This one is extra degen due to the volatility of this meme coin.
Two things on the chart make me bearish: first, the price is at resistance, and second, there's a bearish divergence in volume.
This is not financial advice by any means! Stay safe, and keep that SL tight!
SOLUSDT.P
Hello friends,
Here’s the next degen SHORT in this series! We have SOL, one of the giants of crypto. We’re looking at two oscillators, RSI and CMF, both of which are bearish on the 30-minute timeframe. That’s why I'm shorting SOL—but, of course, this is not financial advice in any way!
Stay safe, and keep that SL tight!
BTCUSDT.P
I'm trying to short the king of crypto, BTC. This is more of a degen trade, so proceed with caution! Momentum and RSI are losing ground, which could be bearish. Keep in mind that both are momentum oscillators, so they behave similarly.
Keep that SL tight and stay safe. This is not financial advice in any form.
Stay safe!
DOGEUSDT.P
We are looking at DOGE on the 30-minute timeframe. Yesterday's short was liquidated as the stop-loss (SL) got hit. Today, we're trying again on the 30-minute timeframe with a tighter SL. At the moment, the price is below the 20 EMA, but that's the only bearish signal. This is more of a revenge trade, so exercise caution, and of course, this is not financial advice!
See you later, and stay safe!
DOGEUSDT.P
Hello, dear traders! Hope you’re doing well this Monday.
I’m watching DOGE on the 1H time frame because it’s best showing the bearish divergence between price and volume from the previous high to the current high. Volume is missing on this pump, creating a strong bearish divergence. In my opinion, the price is likely to fall.
Stay safe and stay tuned for updated information!
DEGEN Flat correctionWave 3 has finished, and we are now in a complex correction phase for Wave 4. There's a chance that a flat correction could develop, meaning the market may consolidate before the next big move.
To support this correction we have also identified a bearish divergence.
DEGEN Long Trade Setup: Potential for 60% Rally!Long DEGEN/USDT
DEGEN has broken above the resistance trendline and is now trending above the 50 EMA. A potential rally from the current price could lead to a positive move for DEGEN.
Entry: CMP or wait for the retest at $0.00722.
Accumulation: $0.007
Stop Loss: $0.00659
Leverage: 5x
Targets: $0.00853, $0.00935, $0.01010, $0.01088, $0.01178
Be sure to use proper SL and accumulate on any dips. Keep leverage low to avoid liquidation.
Do your own research before investing.
Pepe to hit new ATH this cycle with 350% gainThe chart displays a strong technical setup for PEPE (PEPE/USDT), featuring a Symmetrical Triangle formation alongside a repeating fractal pattern with hidden divergences in the RSI. Below is a detailed breakdown of the key elements and potential price targets:
1. Fractal Pattern & Hidden Divergence
• A fractal pattern earlier in the chart preceded a sharp price increase, reflecting the asset’s parabolic movement during prior bullish cycles.
• The hidden divergence seen in the RSI during that time indicated bullish momentum, with price making higher lows while the RSI formed lower lows. This was a strong precursor to the price rally, reinforcing the validity of the current fractal setup.
2. Symmetrical Triangle Formation
• The chart shows a symmetrical triangle, a classic consolidation pattern that usually results in a breakout.
• The price is currently coiling within the triangle, tightening toward the apex, signaling a potential breakout. If the breakout occurs, a substantial price movement could follow, likely to the upside due to the bullish divergences.
3. Hidden Divergence (Again)
• The RSI reveals another hidden bullish divergence, where price maintains its lows while momentum picks up. This suggests a strengthening trend that could push the price higher once the triangle resolves.
4. Fibonacci Extensions & Price Targets
• Key Fibonacci levels provide potential price targets for a breakout:
• 1.272 Fib at 220%: This is the immediate breakout target, around $0.000002485587, offering a solid potential upside.
• 1.618 Fib at 350%: This level, near $0.0000035396068, aligns with the prior fractal price peak.
• All-Time High (ATH): The ultimate bullish target is around $0.0000018024355, which could be tested in the event of a sustained breakout.
5. Price Projections
• Short-Term Outlook: PEPE is currently consolidating within the triangle. If it breaks to the upside, the immediate target would be around $0.0000018024355, which represents a 133% gain from the current price and aligns with the previous all-time high (ATH).
• Medium-Term Outlook: After reaching the ATH, the next significant target would be the 1.272 Fib extension at $0.000002485587 (220% gain). This level is crucial as it often acts as a point of resistance during breakouts and can determine the sustainability of further upward momentum.
• Long-Term Outlook: In the case of a major breakout, we could see PEPE pushing towards the 1.618 Fib extension at $0.0000035396068 (350% gain). This would mark a significant new all-time high and represents the full potential of this technical setup, especially if market conditions remain favorable for continued bullish action.
Conclusion
The combination of the Symmetrical Triangle pattern, hidden RSI divergence, and repeating fractals creates a high-probability bullish scenario for PEPE. The breakout targets include $0.0000018024355 (previous ATH), $0.000002485587 (220% extension), and $0.0000035396068 (350% extension). Watching for volume confirmation and market sentiment will be crucial to validating the breakout.
DEGEN (10x Potential)Degen is a Layer3 project on Base.
Passing $0.0056 without dropping to the targeted areas invalidates the idea.
Breaking $0.0021 is the stop-loss.
If the price goes according to plan, I think there's a chance to see a 10x run in Degen.
DEGEN/USDTBYBIT:DEGENUSDT
This idea has a long-term profit target.
All targets are indicated on the graph.
- Risk 1-3% on deposit
- R/R min 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
DEGEN/USDT Breakout PredictionDaily DEGEN/USDT Analysis
In the daily chart of DEGEN against Tether (DEGEN/USDT), the price has been moving within a descending wedge pattern. Recently, it made contact with the bottom of this wedge, and with the current bullish momentum indicated by a 4.33% increase, there is a strong possibility of a breakout from this pattern.
Technical Analysis:
Descending Wedge: DEGEN has been consolidating in a descending wedge, which is typically a bullish reversal pattern.
Recent Bounce: The recent contact with the bottom of the wedge and subsequent bounce suggests a potential upward breakout.
Relative Strength Index (RSI): The RSI is at 27.47, indicating that DEGEN is in oversold territory and may be due for a reversal.
Price Prediction:
Based on the analysis, it is predicted that DEGEN will soon break out of the descending wedge upwards. After a potential short-term correction, the price is likely to move towards the target of $0.065096. This presents a good buying opportunity with a significant potential upside.
Disclaimer:
I am not a financial advisor, and these predictions should not be taken as financial advice.
Sol short, day trade. I never got the retest on Sol long trade earlier this week as we had a V shaped recovery so Todays trade, is a short to recovery of 50% of the Vector Candle
These posts are just to help my track my trade ideas while learning to day trade the Asia session
DEGEN - Degen setupA meme turned into blockchain.
making Adam and eve pattern. and then probably even a bigger Adam and eve pattern (much bigger).
giving us a good entry zone and two cleap TPs.
deatils in the chart.
#Manage your risk
#Not a financial advice. It's just a trade setup I found.
Degen early accumulationI'm looking to accumulate Degen around the 0.01 area in the coming months. I'm not a big fan of layers but the team and community is active and constantly working on new projects and ideas so it overshadows their hideous token metrics. This project has huge potential upside IMO.
Degen will be added to the bag.
DEGEN NEW POSSIBILITIES IN PRICE ACTIONHi Traders,
I hope you all are doing well and navigating the crypto market with your best strategies.
This update is for DEGENUSDT.
Degen is looking interesting over the next time frames and may show increased volume. That's why we're keeping an eye on this coin.
$0.025 is a key confirmation zone. If the coin breaks this level, there's a high chance it could reach $0.039.
Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis.
Good times, everyone.
This update is not trading or financial advice .
Degen/UsdtGood time
Due to the news that Degen published some time ago, the fans were a little worried, the fall that happened was definitely not without impact, but if it can get out of its downward trend, the hope of growth is not out of favor.
Meanwhile, keep an eye on Bitcoin
Goodbye
DegenDegen looks like good,
After Kocoin Exchange listed, it show up it has great potential to surge and community is promoting.
DEGEN NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that DEGEN has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
Following the trend in the coming time to see if its able to show new trend break.
For those beleiveing in the SUI coin If you believe in SUI coin I have a more degen play that could potentially give a better reward if SUI coin pumps.
We have a cup & handle forming on the weekly timeframe. I expect a little retracement before hugging the all-time time (disregarding the pump & dump at lunch) with a reacting to this zone and then breaking to the upside during the bull run.
If the bull is bigger than the previous one this could be a good gainer
Helium HNT Formed cup & HandleHelium HNT Formed a cup & Handle pattern on the weekly timeframe. I expect a bullish move past the all time high after the pump & dump
Play with caution
