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DOGE - Looks to enter a cycle trend with breakout trend.Hello trading friends, Know before you start reading this view that meme coins are very risky for this reason to make sure that risk management is high. The dogecoin - known from the Elon musk time - and this coin still have the possibility to show some trends. The reason for this update is as this coin shows to enter a new green cycle trend depending on TA. What means this? That there is a high chance that we could see a doge breakout coming time - but know that same time there is no guarantee into crypto markets, all depending on data. The great target would be 0,20 with a long-term frame - but with unexpected doge breakouts, it could be faster. Dogecoin is a coin that is known from historical trends - that it can break out with no support of BTC - it can go against BTC price. most breakouts are unexpected or after Elon trends. Data shows there is a ON trend for the green cycle trend - why this and how it will affect doge coming time, we need to see it coming time or it will get a breakout, we should wait the time frame to see. If TA is right - then it will confirm this later out . Have a good time. This is not a trading call - Trade always only depends on your setups.
Long
by watchtrend
1
Gamestop weekly chart bullish or bearishLooking at Gamestop (GME) on the weekly charts I wanted to see where it is going in the long and short-term. On the left side we see the massive rally in early 2021 hitting the all time high of $483 and pulling back to around $320. Then in March and June we see to breakouts but failed attempts to take out new all time highs. You see the long upper wicks pulling back and holding support at $150 To the last couple weeks we also see the long upper wick and resistance at $200. The volume has also increased the last 2 weeks. Price currently is overextended from the moving average so combined with the resistance and the bearish upper wick it does lean more to the bear side but $150 support needs to hold. Although GME has gone on a bit of a breakout of late this weekly chart is leaning to more downside. Three things I will be watching for are, one if the volume keeps increasing that is a great sign, two if $150 support holds and lastly I would need to see GME back above the strong $200 resistance for me to be confident in this for long term holds. For now I will play it short-term long and short.
NYSE:GME
by Dancharles
Investigating GME (I am super excited)I AM NOT A FINANCIAL ADVISOR. I passed the Series 6, but failed the SIE before I could take Series 63 hahahaha. ************** Following current market cycles we seem to be having ourselves a bit of a melt up even with everything going on. We have also a lot of incoming news, rotation into beat up stocks, and a lot of hype built up on meme stocks. Could this be it? To start, volume is finally picking up! Fees to borrow are crazy high and short #s are posted higher than usual. We are above the 200 Daily and Weekly averages. We are about to have a bullish MACD cross on the weekly. The fibs look setup for some bouncy movement. The list can go on and on... Based off my gut , I am speculating that GME can fill the $290 range gap within the next few weeks. Although I think it is reasonable to assume a dip to test the lows is in order, I have been wrong in the past. Weekly MACD crosses usually have a dip for confirmation before continuing upwards. Therefore I am posting 3 possible scenarios I imagine the price action is headed. Scenario 1 assumes rapid upside to fill gap with very minimal dips or consolidation. This would be wild! Scenario 2 assumes a little dip and a little consolidation before push up towards filling the gap. I see this being the most realistic scenario given we could use a few days of consolidation and possible a dip as the market cools off from recent price action. Hoping this happens soon! Scenario 3 assumes downside to at or around $58, which would scare out a lot of people and then gradual upside to fill gap with very minimal dips or consolidation. This scenario is a worst case scenario, and I imagine would only happen if the market has a fast sell off from recent highs dragging everything down. Wherever the price goes from there idk yet! So we wait :) ************* Please careful with any short term plays, you don't wanna be getting too caught up in premium with options especially if we drop. Also some additional wisdom is that sometimes its safest and smartest to hedge your positions just in case you don't get the timing right. Not financial advice as always. Please feel free to donate some BTC or ETH as always. BTC Address: 1HrvESU1Kin56C9y12jvhTCfmy7euj5HKc ETH Address: (ERC 20) 0x3154ed34fcfd6e54f1747c7f78b2397134fbb17c
NYSE:GME
by jcjurevis
3
Long The High Risk Psilocybin Mushroom Therapy Secular Bull RunNot looking for an immediate turn around because Macro-Market conditions and retail risk tolerance is severely negative right now. However, this sector has huge potential to be a bullish meme in years ahead. Think of getting into Pot Stocks 2.0 before the moon pumps In 2018–19, the United States Food and Drug Administration (FDA) granted breakthrough therapy designation to facilitate further research for psilocybin in the possible treatment of depressive disorders. As of 2020, research on the use of psilocybin indicated it caused hallucinations with inability to establish reality from fantasy, panic reactions, and possible psychoses at high doses. In November 2020, the U.S. state of Oregon legalized psilocybin for people age 21 and older, and decriminalized possession or use of psilocybin mushrooms for medical conditions, such as depression, anxiety, or PTSD.
FLong
by noam_chom
2
DOGE - Trend update - LONG Hello trading friends, This is an update for Dogeusdt depending on the last trends. Memecoins are known as the most high risk - so for this reason manage always your risk. Depending on the trends chart - it shows that it is possible we can see soon a new trend increase to 0,15+ for doge - what could even end into 0,20 for the low time frame - for this trend BTC should stay healthy. The reason for this chart - is the zone where doge is now depending on last trends it shows an interesting trend. Know that in some cases it can take some time before the trend will hit the target - and it's always good to trade depending on your setups. # This update was a small update for Doge with the expecting coming time possible 2 targets entry 0,15 and 0,20+ At the same time know if BTC gets unexpected trends - this will also affect doge. Markets going on the way - and it can take some time before it shows the confirmation trend. Have a great day.
Long
by watchtrend
WABI - PRICE PREDICTION 2022Hello trading friends, This is a prediction trend for Wabi depending on the last trends. We know Wabi as a coin that has trend cycles , with them, investors show WABI time by the time a new increasing trend. Wabi takes in most time from 3 months + to a new increase cycle, and sometimes longer time -this is also depending on last trends of the market. Data Depending on long-term trends and from the month of June -Jule + it's a good option that we could see a new increase trend on Wabi - this could happen before if there is a positive market trend. The question is are we going first to the red line before the new increase trend? It's possible, but not a must - WABI depends on the trends on the interesting whales that trade depending on the long-term green cycle. Where can Wabi increase? IF the trend goes well with them before adding info we could see a price action as it shows on the chart by the new green area - around the same price action where we were at 31-DEC 2021 Manage in all time your risk - this is not a trading call - this is a view depending on data and trends for possible new increase trend coming time for Wabi - and its long term project. Have a great day. If you did like the content give it a like and follow - Thank you
WLong
by watchtrend
1
OASIS NETWORK (ROSE) DIP BUYING - LONG TREND POSITIVEHello trading friends, We have seen last time a breakdown trend on most of the coins - as the main coin BTC did break down. Long term Rose is still an interesting coin - also for the dollar cost average. It's the coin that did get 200M invested from Binance - and this is all not for noting - to build the new area of web3. Depending on the choice of trend coin and the price action at this moment - we could see a great move on this coin when markets come back into trend. This is not a trading call - it's a view from TA trends that shows that the oasis network has an interesting trend, even with this breakdown trend. also depending on the monthly cycle ROSE is into the important trend. Have a great day.
Long
by watchtrend
OASIS NETWORK (ROSE) Are into important monthly cycle price Hello trading friends, Rose is an important coin for long-term targets. and exactly at this point, it shows that it's on the monthly cycle price action area, which means there is a high chance that we could see price action on this coin to uptrend since the recovery. These coins are for spot interesting and for the dollar cost average. @ Depending on the cycle trend action, we could see soon a whale entry trends on this coin to the right level what could bring this coin at last to the price action of 0,40+ Manage your risk well and have a great time - know that some time coin increases take time. This coin is for the long term - and with time we expect to see interesting trends. Have a great day.
Long
by watchtrend
1