Support is rising - Possible ATH retest in a couple weeksThis coin has massive potential, unlike other meme coins. It has a solid community behind it that owns and controls it. I could see this reaching a HKEX:10 million market cap this summer. Not financial Advice - DYOR before investing in anything.
MEME
🔥 BONK Bull-Flag Break Out: Get Ready For GAINSAfter the initial launch on Binance, BONK has shown a lot of weakness. However, now that we're a few months later things have started to look better for the bulls.
After an initial push in February, BONK has now successfully broken out of a short-term bull-flag, making it more likely fur the bulls to keep the trend.
My idea is that BONK will likely go back towards the ATH value of around 4000. With a tight stop we can create a very decent trade with a R/R over over 14.
AMC can price rise from the all-time low ? LONGOn this 15 minute chart I see support for upside on AMC now at its all time lows. My target is
recent tweezer tops at 4.27 with a stop loss set at 3.93. Any price rise at all will likely start
short seller's buying to cover and close to be added to new long buyers supporting a move
higher. The dual TF RSI indicator shows a bottom at the all time low and bullish divergence
compared with the price action which is sideways for the moment. The Mass Index indicator
with a rise then fall over the threshold and trigger levels has signaled a reversal. I will take
a long trade of both long shares and a call option. An alternative to hedge is long shares and
put options at a ratio of 100:1 with the puts as cheap " insurance". If a short squeeze
( ? moonshot) ensues, the put option will stop out or get crushed to a complete loss of no
consequence in the greater overall trade.
DISCLAIMER Any long trade from an all-time bottom is extremely risky- only trade cash that you can afford to burn and not feel bad about it.
🔥 PEPE Time For The Perfect Entry: Inverse Head & ShouldersI've been looking at this inverse head & shoulders pattern for a couple of weeks now. Now that PEPE has reached the bottom purple support area, it might be the perfect time for a long-term entry.
Ideally, we wait for the price to confirm the pattern and break through the neck-line first. However, an entry from around the purple support has a higher risk-reward ratio.
Can AMC continue after a good trading day ? LONGAMC on a 30-minute chart is putting in a double bottom. In mid-December, a symmetrical
head and shoulders is formed. The right shoulder being higher than the left makes for a
diagonal neckline which yields a target in the area of 5 confluent with the level of a high
pivot on January 10th. A standard Fibonacci retracement of the Janaury trend down would
put a target at about 4.55. The AI predictive tool looking back for similar patterns has printed
a buy signal. On this instrument at this time frame, the indicator has a 98% accuracy
for win rate. The ADX indicator shows a line cross and a "green" bull trend beginning.
Overall, I find AMC to be set for a long trade targeting 4.5 and 4.95 for one-third each with
the remaining to run in case a short squeeze gets underway.
PEPE possible inverse hs on supportLooks like PEPEUSD can find support here. Back in blue box on 0.5 and possible inverse HS on hourly and daily tf's. Invalid if price breaks and flips 0.0xx8 into res. then confirmation of 0.0xx6 level or new bottom, less probable imo. depends on bitcoin bottom around 30k or if goes lower. For bullish case tp's to range highs are in the chart, high one is long term. GL
BINANCE:PEPEUSDT OKX:PEPEUSDT MEXC:PEPEUSDT CRYPTO:PEPEUSD BYBIT:PEPEUSDT
SOL 150+?I think SOL can reach new local heights if BTC position will be at least stable and good, so we could easily see SOL price 150+, because it already gained a lot of attention thank to Memecoin hype, and so, it will receive a liquidity that will increase its price.
Let’s see, but I’m configured like this
MEME/USDT Going for a Potential Bull Run? 👀🚀MEME Analysis💎Paradisers, turn your focus to #MEMEUSDT, as it's currently demonstrating promising signs of a major move from a critical demand level.
💎#Memecoin is on an upward trajectory, hinting at a potential bullish breakout from its current demand zone. It's expected to retest the demand level at $0.0206 before pursuing further upward movement. If #MEME can maintain its position above this level, it might set the stage for an advance toward the significant supply zone at $0.045.
💎Nonetheless, if #MEME encounters resistance in sustaining above the $0.0206 level, we might need to rethink our trading strategy. Under such circumstances, our attention would shift to potentially starting a bullish movement from a lower bullish Order Block (OB) level at $0.017.
💎It's crucial to keep a close watch on this level, as a breach below it could lead to a significant downward trend.
💎Stay alert and adaptable, Paradisers. Your ParadiseTeam is here to provide you with the latest insights and strategic perspectives, ensuring you're well-equipped to navigate these market shifts effectively.
MEME/USDT TRADING IDEA UPDATEMEMEUSDT 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.
BONK 4H BEARISH TRIANGLE : DUMP UPCOMINGWith Bonk's reversal from the 0.0001800 area, we can construct a clear bearish triangle on the chart. Bearish triangles often break bearish to make new lows, so that's going to be the idea behind the trade.
Wait for the price to close below the triangle's support area. Looking for a move towards the 0.0000900 range.
Might be far-fetched, but this token did a massive 200x in a matter of weeks, so a big correction is to be expected at some point.
🔥 BONK Bearish Triangle: Preparing For DumpWith Bonk's reversal from the 1800 area, we can construct a clear bearish triangle on the chart. Bearish triangles often break bearish to make new lows, so that's going to be the idea behind the trade.
Wait for the price to close below the triangle's support area. Looking for a move towards the 380 range.
Might be far-fetched, but this token did a massive 200x in a matter of weeks, so a big correction is to be expected at some point.
MEME ANALYSIS (4H)MEME moved up from the FLIP (DEMAND) range. There is an important FLIP (SUPPLY) resistance in advance of the candles, which will cause price rejection.
When candles FLIP (SUPPLY) we will look for SELL/SHORT trades
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MEME target 0.3491h time frame
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MEME is creating a small bottom structure since down to 0.016. Structure hasn't been formed, so we use Fibonacci tools to judge support and resistance. Obvious resistance at Fib 1.272 and 1.618, both are matched to structural resistance, that enhance the possibility of rejection while MEME reach them.
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TP: 0.0315 / 0.0349
SL: 0.023182
Why Now Is the Perfect Time to Invest In Memecoin
Memecoin ( ECONOMICS:MEME ). The latest surge in interest comes on the heels of a strategic investment by Binance Labs, the incubation arm of the renowned Binance exchange. As the native crypto of the Memeland network, ECONOMICS:MEME is riding high on the convergence of SocialFi, creators, and internet meme culture. Despite a recent price dip, now may be the perfect time for savvy investors to seize the opportunity and jump on the Memecoin bandwagon.
The Binance and Memeland Collaboration:
Binance Labs' decision to invest in Memecoin is not just a financial move; it's a strategic collaboration that bridges the world of cryptocurrencies with the vast meme-driven community of Memeland. Memeland, connected to the immensely popular 9GAG meme platform with a staggering 200 million monthly users, serves as a creative hub. With over 15 years of experience, the Memeland team is on a mission to empower communities globally.
Prior to the recent investment, Memecoin had already gained recognition as Binance Launchpool's 39th project in October 2023. Binance users were given the opportunity to stake their Binance Coin (BNB), TUSD, and FDUSD in dedicated pools for a 30-day farming adventure, earning MEME tokens in return. This initiative demonstrated the commitment to community engagement and offered a chance for crypto enthusiasts to acquire MEME tokens through active participation.
Memecoin's Recent Price Movements:
Following the announcement of Binance Labs' investment, Memecoin experienced an immediate 19% surge in price, showcasing the market's enthusiasm for this innovative project. However, as is common in the volatile world of cryptocurrencies, the initial gain was followed by a short-lived pullback. At the time of writing, the MEME crypto price stands at $0.02745, marking a modest 2.67% drop.
It's crucial to note that despite recent fluctuations, Memecoin has demonstrated resilience, bouncing back from a 12% decline earlier in the day. Over the past week, the crypto faced a 5% loss, and in the last 30 days, it experienced a 15% dip. While these fluctuations may give pause to some, they present an opportune moment for potential investors to enter the market.
Market Dynamics:
The market cap of Memecoin currently sits at $243.16 million, reflecting a minor decrease of 2.70%. However, the most noteworthy aspect is the staggering surge in demand. The 24-hour trade volume has skyrocketed by an astonishing 352.19%, reaching $268.29 million. This surge in trading activity indicates a growing interest in Memecoin and suggests that the recent price movements have ignited a renewed enthusiasm among investors.
In conclusion, Memecoin stands at the intersection of innovative blockchain technology and the culturally rich world of internet memes. Binance Labs' strategic investment further solidifies its potential for long-term success. While recent price fluctuations might be a cause for concern for some, they present an excellent buying opportunity for those looking to capitalize on the future growth of Memecoin.
As with any investment, it's essential to conduct thorough research and consider the inherent risks. However, for those willing to embrace the excitement and potential rewards, Memecoin emerges as a compelling choice in the dynamic cryptocurrency market. Now could be the perfect time to join the Memecoin community and be part of a project that not only embraces the spirit of memes but also strives to empower communities worldwide.
SAMO NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that SAMO has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
BOB - too funny meme to ignore - perfect long setupBack to some funny meme-trading again!
BOB token, is one of few really fun meme-token. It's seems like BOB can't die!
I will BOB-gamble with a small bet, tight stop loss, because:
* BOB lives on many exchanges
* BOB is funny
* BOB have a strong community
* BOB like like to suprise
* The risk reward looks sick right now!!!
I think some news could show up and start a pump any moment.
This is just a gamble bet that I feel that the timing could be right. Not a financial advice.