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Floki at Max Momentum Ready For 200% ?Floki crypto is a relatively new meme that has gained popularity in recent months may be ready for another significant price move. Recent price action of Floki has been producing perfect curvature to the upside as it once again tests this curve it appears to be entering into a max bullish phase that may have significant upside. However, it's important to remember that cryptocurrency markets are highly volatile, especially meme coins and subject to various factors that can impact prices as fast as elon can tweet. Failure to respond in the same momentum curve can just as easily lead to a massive sell off. Current target is an additional 200%
Long
by Degen-Dynasty
4
Gme looking good Some people have been worried about NYSE:GME and if the cycles were dead. Good news gme looks to still be on the cycle. Bad news Nov opex was in November. Shocked Pickachu face. After falling from the August run up gme stayed flat (1) while other meme stocks like NYSE:AMC and NASDAQ:TSLA fell (2). Because gme didn't get shorted it had a weak barely noticeable Nov Opex. however, as you can see other meme stocks did have a Nov opex (and you can even see gme did too albeit a small one). No shorting no opex. This may be disappointing for people still waiting for it. Good news however is after Nov opex all the meme stocks got shorted (3) and we seem to in the middle of bouncing from that (4). In short gme was dead sept 7th -dec 7th but now appears to be back on track. Gamestop correlates strongly with inverse VIX. Correlation broke on Oct 31st 2022 for some reason and restored Jan 6th 2023.I believe we may be playing out the Vix movement from Oct 31st onwards delayed. VIX has gone down since then so we should go up.Vix has kept its trend and should go lower today and Gme should pop today. I believe we may be playing out delayed price action from when correlation broke (labeled with a 4) Would like to see a 10% up day and to break 24 today. Other meme stocks have rebounded to the price level they were at before they got shorted down. I expect gme to eventually get back to $25-$27. Depending on optiion interest that could cause a large run up past that. Also, ftd's have started on gme again stocksera.pythonanywhere.com and are due in febuary further helping gme. all in all, it's been a rough several months, but everything is looking really good for a run on gme soon.
NYSE:GMELong
by J2DP
3
$GME Meme Basket: No ideaEnjoy the new GME basket. One stock was removed and was replaced with MARA a couple of weeks ago. I would've added APE as -APE in the formula that makes this basket, but Tradingview only allows up to 10 symbols to be combined into 1 ticker and APE is the 11'th ticker in this so... Down to business, i have literally no clue what's going to happen. imgur.com Data says big downs, looks legit in my opinion. I have some reservations on what's going to happen so i'm keeping my eyes peeled. In other news, FINV and GRAB are no longer in the data i'm receiving as of yesterday. No reason at all. I contacted TheOCC to see what's up with that. Funnily enough, GRAB is IN the GME meme basket whilst another ticker called FIVN (Five9) is also in the basket whereas they removed GRAB and FINV(Finvolution). All timed perfectly with this auction error on open yesterday, all also timed perfectly well with when all of Opex Friday's volume was supposed to hit the tape yesterday but instead we got multiple chained glitches instead. That being said, i have no idea where the market wants to move. TQQQ and QQQ are making huge moves in one direction whilst SPY is making big moves in the opposite direction. This flip happened before in Oct - December 2022 and now seems to be happenining again. I don't know what it means yet. I have no idea the direction we'll be taking. I need more data and more time. There's too many scenarios that could happen and it's impossible to pick the right one right now. We could start seeing volume on Friday due to yesterday's big OPEX volume having been FTD'd, we could see volume today from Monday's T+2 share settlement from option settlement... We could see T+3 share settlement or T+6 settlement into next week's Tuesday. We could see a move in around 33 days from now... it could be anything... So for now, i have no idea. Guesstimate: Don't trade based on this. I think we'll have a short period of neutral trading as the flip between going short on one pair of Indices (TQQQ,QQQ) happens and shorts cover on SPY. Then we'll have a decent move up and then another move down. No idea about timeframes yet. This one is difficult to quantify. Obviously sideways for the market means downwards for GME, so... yeah.
NASDAQ:COIN
by leenixusu
8
GME Potential for Bearish Drop | 27th January 2023Looking at the H4 chart, my overall bias for GME is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 18.85 to form the retail double top pattern. Stop loss will be at 22.47, where the recent high is. Take profit will be at 15.43, where the previous swing low is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NYSE:GMEShort
by Rockqet
1
Where is BTC headed following the latest pump?In this post i will be discussing the potential next move for Bitcoin after today's pump. Using the Fibonacci retracement tool, we can identify key levels where the price could potentially retrace. By drawing the tool from the bottom of the move to the top, we can see that the price could retrace to the fibonacci gold zone between $21,867 and $21,647. This area is crucial as it's almost a guarantee that if the price rejects off of this area, it will hit the first price target of $23,512. The second and third price targets are $23,512 and $23,952 respectively. Finally, a riskier take profit would be $25,815. It will be interesting to see if the price will follow this Fibonacci retracement pattern and reach these targets. What do you think? Like and comment to let me know what’s your take. Also, VERY IMPORTANT! s3.tradingview.com Follow the arrows... Thank y’all *Note: This post was generated by ChatGPT (Generative Pre-trained Transformer) with my input.
BLong
by Robin_Nakamoto
Are rabbits the new dogs ? LTRBT/USDThis has had a good week, and this being the year of the rabbit its got good meme potential right now. i think its possible we get some kind of cup and handle pattern forming at the previous high and then a big move up, its been around a while , i think it started out as spunk bunny or something and pumped on an Elon Musk tweet, since then theres been a migration and this is the first decent move its made since then, worth keeping an eye on and maybe try to snag a small bag if it makes a cup handle . really you'd want to see the handle stay in the top third of the cup
LLong
by Spocks-Beard
2
A MEME Coin with a heart ... Bear Market Antidote #POORPLEBWorth a PUNT?? Low marketcap ... high risk! but I believe it will surpass the price it achieved on day1 From the plebifesto... "We live in a world where the rich get richer and the poor get poorer. The world of cryptocurrency is no different. The world is full of lost hope and empty promises. Small players in the space are often eaten alive by an unfair and biased structure. We are the last to know and the last to react; we are simply crypto krill for the whales to feast upon. The system is rigged, they tell us to margin trade, they tell us to buy serial numbers loosely related to JPEGs, they manufacture the narrative and ensure the opposite; all in pursuit of the maximum amount of casualties. For too long we have been exit liquidity, for too long we have been chastised, for too long we have been rekt… No more… The PoorPleb will finally have a chance to reign supreme…"
P
by BallaJi
$GME rare opportunity 👁‍🗨 *This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Here @SimplyShowMeTheMoney we strive to educate our traders on the importance of being able to recognize rare occurrences in the market structure on a chart. Today GameStop $GME presented us with a rare opportunity in its structure that my team simply could not ignore. We watched $GME open at 12% and shoot up to around 20% before retracing all gains back down to the negative 1 hour before the final bell. This comes as we enter a busy earnings week with a 2-day fed meeting that begins tomorrow and numerous data reports that could ultimately dictate the direction of the feds and the market. $GME is no stranger to making headlines. With midterm elections right around the corner we wouldn't be surprised if $GME made a ridiculous move in either direction. My team was able to secure shares of $GME at $28 while it was red this afternoon. We have an automatic stop loss set at $27 due to the obvious risk factors associated with $GME. Entry: $28 Stop loss: $27 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:GMELong
by SimplyShowMeTheMoney
4