MEME
TurboTurbo is a meme coin created by AI that rose to fame just recently. Since there are few daily candles, no big-picture analysis can be done. But, in lower time frames, namely 1 hour, it seems a descending triangle pattern is forming. Let's see what happens next.
P.S. Be careful, meme-coins are risky to trade
BONK to 25billion Market Cap 🔨Bonk Token's integration with the Solana blockchain is poised to bring significant traffic and a surge of participants to the Solana ecosystem. This token may create the same effect as Doge and Shiba. Main idea is simple... Bring as much as people from meme space...
It's not a bad idea to buy each big correction if you missed the bottom just like many other people./not financal advice/
This token started with 5-10 millons of market cap. and it already exceed the 1billion. it's around 250x. So always be careful with playing such tokens.
After correction this may go up to 25-50 billion USD market cap
This is just a simple analysis to follow the track not a financal advice...
🔥 BONK On A Run: New Highs Soon!In my last BONK analysis I discussed the bull-flag pattern and the expected reversal from the support. The trade was a great success, congratulations!
Since we broke through the resistance on high volume, I'm expecting that BONK will make a move towards the 5000 area (March top).
If BTC manages to make a new all-time high in the near future it can mean that BONK can see much more gains from this point.
PEPE - Are You Ready?📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 PEPE has been overall bullish , trading within the rising broadening wedge pattern in green.
Currently, PEPE is undergoing a correction phase and it is currently approaching the lower bound of the wedge.
Moreover, it is retesting massive demand zone marked in red.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red demand zone and lower green trendline acting as a non-horizontal support.
📚 As per my trading style:
As #PEPE approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
PEPE! Lilly pad to trampoline! PriceAction If you find this information inspiring/helpful, please consider a boost and follow!
Bounced off of level, now watching for it for clues on the next move.
Right now the impulse are up BOS style. So looking for continuation with the trend, but I will be ready if the trend turns.
So watching these IDM for now for clues of a retrace or slow down before the next move, but again right now the pattern is impulse up correction down.
...patterns change though.
🔥 HONK: New Memecoin On The Block - You're still early!Memecoins like PEPE, Bonk, Floki etc. have been performing extremely well over the last few months. Their usecase is debatable, but does that really matter when a token rises 1,000%?
Where most memecoins have already seen a massive upwards move, HONK has seemingly just started after it rose over 150% over the last two days.
With a marketcap of around 5 million, this token can see some very decent upside if more investors start looking at it. Seeing that Bonk has a 3B marketcap, I don't see why Honk couldn't get to 1B at least.
A 20x is far-fetched, but we all know that everything is possible in bullish conditions. Seeing this signals' risk-reward is over 35, a small investment (with an even smaller loss) can result in a potentially massive gain.
GameStop Stock Evokes Dreams of Rocket Ships and Diamond HandsShares of the video game store tested retail traders’ survival skills. But the meme stock madness also bamboozled the pros.
In the span of just a few regular trading sessions, with some stomach-churning pre-market action in between, GameStop once again made headlines. Roughly three years ago, Keith Gill — known as “Roaring Kitty” on the internet (mostly Reddit) — triggered a huge rally in the shares of a little known video game retailer called GameStop NYSE:GME .
The Hidden Gem
Roaring Kitty took a big long position in GameStop for his belief that it was a company with a lot of potential. And at the same time, he blamed the big bad hedge funds for keeping a lid on share-price growth by shorting the living thing out of it.
Mr Kitty’s thesis caught the attention of fellow retail traders on Reddit’s r/WallStreetBets chat board, a place where self-described “degens” exchange fast-churning trading ideas. Soon after, shares were flying high, riding on gains of more than 2,000%. GameStop was set free and institutional investors got smoked.
These were the good old days of speculative pumps and the absolute power of like-minded individuals seeking the thrill of quick profit and adrenaline rush. And — it seems — we’re back at it again with the meme stock corner going fully bananas.
Roaring Comeback
Roaring Kitty’s X account switched the lights on after three years of silence. In a rather vague post, he published a drawing of a man leaning forward . Boy, did that get understood in all the possible ways. Shares took off by as much as 75% a day after that post went live. A breakneck rally went on for a few more days, evoking dreams of rocket ships and diamond hands.
A week later, none of that is there anymore. Shares are not only back where they were before the surge — they’re doing worse. The rollercoaster ride lifted the stock from $20 on Monday to $80 on Tuesday, a 300% pop per share.
By Friday, shares had briefly dipped below $20, pulling off a boomerang move and erasing 75% from the stock’s weekly peak.
And, this is how GameStop tricked retail investors into believing that this the GameStop rally 2.0. But, before that, it smacked professionals with huge losses on the way up.
Same Old, Same Old
Professional money managers had borrowed about 30% of all shares outstanding for — you guessed it — shorting purposes. The thing with shorting a stock, i.e. profiting from its decline, is that if you’re wrong, you can be wrong until your account is wiped out because shares could rise indefinitely.
GameStop short sellers were ironed out. They lost more than $2 billion in just two days, according to data analytics firm S3 Partners.
“After being down $862 million in mark-to-market losses yesterday, NYSE:GME shorts are down another $1.36 billion in mark-to-market losses today,” S3 Partners’ Managing Director Ihor Dusaniwsky commented on X .
If only there was some similar experience in recent history that would inform hedge funds:
Not to bet on a red-hot stock, popular among the retail crowds, because you’ll get burned if they come after you with a short squeeze.
Not to bet on a red-hot stock that’s thinly traded, because you won’t be able to easily get rid of your short position that’s draining your funds.
After all, they did make a movie ( “Dumb Money” ) about shorting GameStop. Yet, “smart money” did it again. Professional hedge funders weren’t the only ones to get knocked.
What Goes Up Must Come Down
The retail trading army on Reddit and X lost some serious cash, too. Just when shares were going in the other direction. Redditors on r/WallStreetBets initially cheered the first rays of the powerful upside swing. This sparked hopes of a revival before these same guys started flooding the board with screenshots of mounting losses as shares were nosediving.
What Happened and Why the Fast About-Face?
Other than the super frothy state of the highly inflated stock, what helped shares come back to earth was GameStop’s securities filing to sell some equity. Apparently, the C-suite of the video game store figured they could ride out the surge and issue up to 45 million shares that would dilute the number of existing shares by as much as 15%.
In another price-damaging filing , GameStop said that it expects net sales for the current quarter to land between $872 million and $892 million. The forecast is well below last year’s $1.237 billion and the consensus views for $1.045 billion.
With that said, GameStop shares are still in the green for the year, following the head-spinning trip to the moon and back. So, until next time?
We Want to Hear from You!
Let us know about your experience with that volatile beast! Do you own shares, when did you buy, and are you optimistic about the future of GameStop?
PEPE, LillyPad going to hold? Elliott wave Price ActionIf you find this information inspiring/helpful, please consider a boost and follow!
CRYPTOCAP:PEPE following the path I laid out.
Not its at a discission area in my opinion.
If it can hold this level I am thinking it will give another bounce.
IF it breaks below the level I will be watching to see if the level plays again as resistance.
$TURBO Token - Breakout incoming?!1. Price Trends : Over the past 24 hours, the OKX:TURBOUSDT Token has seen a significant price increase of > 25%. This suggests a strong bullish sentiment in the short term. Over the last week, the price has risen by > 45%, indicating a positive trend over the past few days.
2. Trading Volume : The 24-hour trading volume for OKX:TURBOUSDT is > $30 Million USD, which is a healthy volume that reflects active trading interest in the token.
3. Market Cap : The market capitalization of OKX:TURBOUSDT is > $100 Million USD. This places OKX:TURBOUSDT at a relatively lower market cap compared to some other tokens, potentially indicating room for growth.
5. Community and Sentiment : The OKX:TURBOUSDT community seems to be quite active and bullish on the token's prospects. Tweets and discussions about MYX:TURBO often mention its potential for growth and the strong community backing it.
In conclusion, the OKX:TURBOUSDT Token has shown significant price appreciation in the short term and has a relatively low market cap, which could indicate potential for growth.
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📊Analysis by AhmadArz:
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GME CHART, WE LIKE IT, WE LOVE IT, WE WANT SOME MORE OF IT.HERE is the always the most popular chart I end up sharing.
GME.
It seems a break out is about to occur and the buy target is basically now or very soon.
Downside is minimal, price is at trend support.
Looks like a lot of upside potential.
I like $20. And then there is always potential it really cooks to 64.
but don't count on that.
Focus on the trends, and right now, you have a better than average chance buying into this dip.
Good luck!
Feel free to toss out any questions.
Feel free to disagree.
Feel free to use the chart however it may help you.
Meme Coin FractalHello Traders,
Meme coins often have price action that rhymes with prior price action. On this chart you can see that previously we have an almost identical area of price action at a good buying area for this coin. Fractals can give a potential direction of future price action especially on coins that move due to sentiment like meme coins.
🔥Top-3 MEME coins Worth Your Attention❗️Still at the Bottom🚀🔥 Pepe, Floki, Ladys brougt me a lot of profit: from 3x to 13x! What Memecoins that still at the bottom and have a chance to bring you a lot of profit? Watch the video!
🎁 Check my trading ideas for the altcoins that are still at the bottom!
like❤️ and follow
pepe → another rising wedge patternhello guys...
as I published before the green area worked great for this coin, you can check it here:
this coin made a rising wedge before and broke it down! now is forming another one if the blue area will break down (I mentioned it on the chart) you can get a long position!
otherwise, you can count on a bullish trend for this coin!
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