🔥 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.
MEME
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.
$SOl updated price targets - Huge potential off physical productExplore the "Sol Play" strategy tailored for the resistance zone between 104.45 and 114.12, with set targets at 130.89 (Target 1) and 198.79 (Target 2). Utilize the current diagonal channel, ranging from -7.76 to 23.27 at the bottom and 147.36 to 180.06 at the top, for a straightforward approach to market movements.
Utilize charts for target points.
Resistance zone 1: $104.45 - $114.12
Target 1: $130.89
Target 2: 198.79
The key driver behind this play is the introduction of the Solana Phone. As the first phone with a decentralized app store, it marks a significant step in the mobile era of Web3. Offering self-custody on the phone via Seed Vault and access to Web3 native dApps, the Solana Phone introduces a real-world use case product into the crypto market.
This asset analysis focuses on the practical implications of the Solana Phone, recognizing its potential to bring a tangible, real-world utility to the crypto environment. The inclusion of a decentralized app store makes it a noteworthy development with implications for the broader crypto market.
BONK is Ready to Pump again🚀🦊There has been a lot of talk about memecoin BONK these few days (it has given about ➕ 700% profit in the last 30 days), so I decided to analyze the chart of this token for you in a 15-minute time frame. Maybe we can still make a profit from it.
📚 What Is Bonk (BONK) ❗️❓
🔸 According to the one-pager, BONK is the first dog-themed coin on Solana "for the people, by the people" with 50% of the total supply of the cryptocurrency airdropped to the Solana community. BONK is similar to Shiba Inu (SHIB) and Dogecoin (DOGE) memecoins, it was launched on December 25, 2022, and led to an increase in the price of the SOL token (a rise of 34% in 48 hours). Trading began on December 30, 2022, arousing genuine interest from the crypto community.
🔸The main goal of the team is to bring back liquidity to Solana-based decentralized exchanges (DEXs). The idea of the developers was to create a full-fledged community coin that will be used across all the dApps built on Solana, and each user will have the opportunity to become part of the ecosystem, "where everyone gets a fair shot".
🔸BONK was airdropped randomly to Solana NFT collectors, developers, and artists, other airdrop details remain unknown.
💡It was just 11 days ago that Anatoly Yakovenko , one of the founders of Solana Labs , expressed his regret that the company's Saga mobile phones were NOT sold. However, the company's official account announced today that all Saga mobile phones have been sold in the US , with only a few remaining in Europe . Referring to the amount of BONK tokens that each buyer of Solana's mobile phone will receive, Steven Zheng , director of research, said yesterday: "They want to buy Solana's phone Because the value of the BONK tokens they receive will soon be more than the phone itself.
📉From the point of view of technical analysis , it seems that the BONK token is moving in a Descending Channel .
💡 BONK also seems to be completing a 🦋 Bullish Butterfly Harmonic Pattern 🦋 near the 🟢 Support zone 🟢 and Support lines .
🔔I expect BONK to break the upper line of the descending channel after the Bullish Butterfly Harmonic Pattern completes [in 🟡 Time Reversal Zone(TRZ) 🟡] and at least rise( ➕40% ) to the 🔴 Resistance zone 🔴.
❗️⚠️Note⚠️❗️: In general, try to risk less capital on Memecoins.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bonk Analyze (BONKUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.