Analyzing Pepecoin (PEP) on the daily timeframethe price is currently in a downtrend and approaching a significant support zone marked in green. This area aligns with both the monthly and weekly opening prices, suggesting a strong support level. If the price reaches this zone, it could attract buyers, potentially pushing the price upward.
Key Points:
Current Trend: Downward movement towards the green support zone.
Support Zone: Coincides with monthly and weekly opening prices, indicating potential strong support.
Potential Action: Monitor for bullish confirmation signals upon price reaching the support zone before considering a long position.
Always ensure proper risk management and wait for clear confirmation before entering a trade
MEME
25% Possible Gain on WIFWe have made a reversal down to the EMA50 in the last few days and it looks good so far if we hold it. An interesting point is the $3.2 zone, where a lot of liquidity is expected. This could lead to a price increase of up to 25%. Mark the zone on your charts. You will see how the price will soon interact with it.
MEME CYCLE TRADE GUIDEIt's very easy to do. You just need to follow how the price interacts with the EMA50 on the 4hr timeframe. This is a trend continuation strategy. Right now we are in an uptrend so the theory of price reversing to the mean can be applied. Check for scenarios where price gets closer to the EMA50 (purple cloude/line).
DOGECOIN BREAKOUT ALERT! | 3 Scenarios to Watch for Morning, trading family! Let’s break this down. Dogecoin’s been hanging out in this range, but it looks like a breakout’s on the horizon. I see three ways this could play out, so here’s what I’m watching.
Scenario 1:
If we get a clean breakout from here, we’re likely heading toward 0.1745. If that level holds, we could see it push even higher, up to 0.1847 and beyond.
Scenario 2:
There’s a chance we pull back first, dipping into the 0.162 to 0.159 area. If buyers step in, we could bounce from there and make our way back toward 0.17 to 0.1745, and maybe even higher.
Scenario 3:
The market could also take us a bit lower, down to 0.1550. If that happens, it’s not the end of the world—a strong bounce from there can still send us back to 0.17 and beyond over time.
What do you guys think of this analysis? Do we pop straight up, or do we dip first? Let me know how you’re seeing it—drop a comment below. Always love hearing your thoughts.
Mindbloome Trading/ Kris
Trade What You See
DOGEUSDT.P
Hello, dear traders! Hope you’re doing well this Monday.
I’m watching DOGE on the 1H time frame because it’s best showing the bearish divergence between price and volume from the previous high to the current high. Volume is missing on this pump, creating a strong bearish divergence. In my opinion, the price is likely to fall.
Stay safe and stay tuned for updated information!
GOATSEUS MAXIMUS IS STILL NO.1 MEME FOR THIS BULL RUNFalling Wedge:
A falling wedge pattern is observed, which generally signals a bullish reversal. This pattern typically forms when the price consolidates between two downward-sloping trendlines that converge.
The breakout point is expected above the upper trendline, indicating a potential bullish move.
Resistance and Support Zones:
Resistance Zones are highlighted in orange above the price levels, indicating areas where price may face selling pressure.
Support Zone is formed at the lower trendline of the wedge, which has been tested multiple times, showing that buyers are stepping in around these levels.
Indicators:
VMC Cipher shows potential bullish divergence, suggesting momentum is shifting upwards.
RSI (Relative Strength Index) is near the neutral zone (around 50), indicating no extreme overbought or oversold condition. A push above 50 could signal increased bullish momentum.
Stochastic Oscillator is in an upward trajectory from oversold levels, suggesting a short-term bullish reversal.
HMA Histogram is turning positive, which may indicate an upward trend reversal.
Volume Note:
Lack of volume data suggests that it’s essential to observe if any breakout is accompanied by significant volume. This would confirm a true breakout from the wedge pattern.
Trading Plan
Entry Strategy:
Breakout Entry: Enter a long position if the price breaks and closes above the upper trendline of the falling wedge with a strong bullish candle. Confirm breakout strength with an increase in RSI and a positive crossover in the Stochastic.
Early Entry: For aggressive traders, an early entry could be made near the current level, expecting a breakout soon, but with a strict stop-loss.
Take Profit Targets:
Target 1: Place the first target at the nearest resistance zone (around $0.80).
Target 2: Secondary target can be set at the upper resistance zone around $0.95 to $1.00, as indicated by the blue arrow.
Stop-Loss:
Set a stop-loss just below the recent low within the wedge, around $0.61, to protect against a false breakout or continuation of the downtrend.
Risk Management:
Use a risk-reward ratio of at least 1:2 or higher to ensure a profitable trade setup.
Adjust the position size to account for volatility and maintain proper risk per trade (e.g., 1-2% of portfolio per trade).
Trailing Stop:
Consider implementing a trailing stop once the price approaches the first target to lock in profits as the trade progresses.
Monitoring Indicators:
Monitor the RSI and Stochastic to ensure they continue to support the bullish sentiment.
Watch for any change in the HMA Histogram, which could signal early warning signs if it shifts back to a downtrend.
GOATSEUS MAXIMUS NO. 1 MEME COIN ATMTechnical Analysis + trade plan by Blaž Fabjan
Rising Wedge Pattern
A Rising Wedge is identified on the chart, which is typically a bearish reversal pattern in technical analysis. This indicates that the price could experience a short-term decline once the wedge breaks downwards, which is consistent with the message on the chart indicating a potential short-term decline.
Support and Resistance Levels
Support Level: $0.18047 (Key support zone where price could potentially rebound or consolidate).
Resistance Levels:
$0.58642: This level is a key point to watch for short-term profit-taking if the price rises.
$0.99652: Long-term potential target for new All-Time High (ATH) based on the pattern after the short-term decline.
Volume Analysis
The Volume (GOAT) is showing 909.922K, suggesting strong interest and participation at the current price range.
Volume needs to increase significantly to confirm any breakout from the wedge, either upward or downward.
Divergence (VMC B Divergences)
The chart shows the VMC B Divergences, indicating potential early signs of price reversal. Negative divergence here could indicate that momentum is weakening and aligns with the expectation of a short-term drop.
RSI and Stochastic RSI
RSI (14 period): 56.43 – This shows that the price is in a neutral zone, not overbought or oversold.
Stochastic RSI (14, 1, 3): 94.16 – Indicates that the price is in the overbought zone, which could signal a pullback soon, especially as it is above 80.
Hull Moving Average Histogram (HMA Hist)
HMA Hist: It’s slightly negative (-0.00315), which can indicate early bearish momentum, supporting the idea of a short-term price decline.
Trading Plan
Scenario 1: Short-Term Decline and Rebound (Rising Wedge Breakdown)
Entry:
If the price breaks below the rising wedge, consider entering a short position around $0.50-$0.52, aiming for a decline towards the support level of $0.18047.
Confirmation of the breakdown would be further decline in RSI below 50 and volume spikes on red candles.
Profit Target:
First profit target is around $0.18047 (support level), which offers a significant risk-to-reward ratio.
Stop-Loss:
Place a stop-loss just above the resistance at $0.58642 to limit potential losses in case of a sudden upward breakout.
Indicators to Watch:
Watch for a change in the RSI back towards 30-40 during the pullback, which could indicate oversold conditions and a potential reversal.
Scenario 2: Upward Breakout After Decline (ATH Target)
Entry:
After the expected decline, if the price finds support near $0.18047 and starts forming a bullish reversal pattern (like a double bottom or hammer candle), look to enter a long position.
Profit Target:
First target is $0.58642, and the second is $0.99652 for a potential new all-time high (ATH).
Stop-Loss:
For the long position, place a stop-loss just below $0.18047 to protect against further downside risk.
Indicators to Watch:
Watch for RSI moving above 50 again and a bullish crossover in Stochastic RSI to confirm the bullish momentum shift.
Risk Management
Risk per Trade: Limit risk to 1-2% of total trading capital.
Position Sizing: Adjust position size based on stop-loss distance and desired risk tolerance.
Summary
Short-Term View: Price could decline after breaking down from the rising wedge, aiming for the support at $0.18047.
Long-Term View: After the expected short-term decline, a bullish reversal could target a new ATH at $0.99652, provided volume and momentum confirm the breakout.
DOGS -I can't believe I'm posting thisToday I had a realization that I have been underestimating minimapp apps especially Tap games on Telegram
NOT,DOGS,CATS,Hamster Combat and others.
I will tell my opinion one by one on the issue of TAP games, click and earn.
- It's a nonsense, I will not do it, everyone will be cheated, nothing will be given.
-I told you they gave very few tokens.
-See, this shit's going down.
I didn't even have a section of tap app tokens on my watchlist.
But if you look at it this way.
- Decentralized token distribution
-All tokens in the market.
-Big community.
- Hate from people like me = no position dialing no pressure on orderbook
Opportunity to make fomo and steady growth and further liquidation of shorts who will be looking at multi-billion dollar capitalization
-No VC
DOGS added to coin-m on binance is a bullish signal for me.
I would say that DOGS is a bit more than a meme.
Moves more strongly than super tech projects.
I added a few percent to my portfolio, sounds risky = yes.
Best regards EXCAVO
DOGE COIN SWING LONG IDEA - MEMECOIN - ALTCOIN DOGE coin is the leader of the meme sector in crypto, and it’s sometimes directly supported by Elon Musk. That’s why I’m keeping an eye on this coin.
The price is coming from a monthly demand zone, where it got rejected and has since started a weekly bullish momentum. Both the weekly and daily upward momentum are strong, suggesting the price could be heading toward new highs, in my opinion.
We might see some retracement before it rallies all the way up, but that may not happen either.
Sypercycle meme is real on SOLANASolana is an integral part of the entire meme community. Many people do not take this sector seriously, but they should. The supercycle is here, it is the memes and RWAs on Solana that will show the best run in this bullish phase of the market. Buckle up! The breakout is just around the corner!
GOATSEUS MAXIMUS - CONSOLIDATION BEFORE EXPLOSION TO THE TOP 100Technical Analysis for GOATSEUS MAXIMUS (GOATUSDT) + TRADE PLAN
Overview and Price Movement:
Current Price: $0.3180 (according to the chart).
Price Range: The price has fluctuated between a low of $0.2571 and a high of $0.3800 within the observed time frame.
Volume: Significant trading volume is noted, with a recent surge reaching 6.703M, suggesting rising interest and liquidity.
Descending Trading Channel:
The chart shows a descending trading channel, with price consistently testing the lower and upper bounds.
Resistance Level: The upper trendline of the descending channel represents a resistance level where the price has struggled to break through.
Support Level: The lower boundary of the descending channel serves as a support level, and the price has bounced back multiple times from this level.
Breakout Potential:
There is an indication of a potential breakout. The price has recently tested the upper trendline and is approaching a critical resistance level. The illustrated expectation suggests that the price may break out of the channel.
Time-sensitive breakout: The chart suggests that a breakout might occur shortly, as highlighted by the visual cues (alarm clock).
Indicators Analysis:
VMC Cipher B: Displays divergences, which are often early signals of potential trend reversals. In this case, the indicator suggests a weakening downward momentum.
RSI: Currently at 49.61, which indicates a neutral zone. It implies that the asset is neither overbought nor oversold, giving room for potential upward momentum after a breakout.
Stochastic RSI: Currently at 22.83, which is in the oversold zone. This reinforces the potential for a bullish reversal in the near term.
Hull Moving Average (HMA): The HMA is smoothing out the price movements, but its current position supports the possibility of a breakout from the channel in the next few candles.
Trading Plan for GOATUSDT
Entry Strategy:
Aggressive Entry: Enter at the current price ($0.3180) with the expectation of a breakout. This strategy capitalizes on momentum.
Conservative Entry: Wait for a confirmed breakout above the resistance level of the descending channel (around $0.3800) with a 4-hour candle close above this level.
Stop-Loss Placement:
Place a stop-loss below the support level of the descending channel (around $0.2570), as a breakdown below this level would invalidate the bullish thesis.
A tight stop-loss can be placed at around $0.2900 to manage risk more conservatively in case of a false breakout.
Profit Targets:
First target: If the breakout occurs, aim for the first profit target near $0.5000, as psychological resistance tends to form around these round figures.
Second target: A more extended target can be placed around $0.7000, which could be reached in a strong bullish continuation.
Risk Management:
Risk no more than 1-2% of your capital on this trade to ensure proper risk management.
Adjust the position size according to the stop-loss and entry level.
Time Horizon:
Short to medium term, with a breakout expected within the next few trading sessions (as highlighted by the chart's time-sensitive breakout indicator).
Continuously monitor the chart for any invalidations of the descending channel breakout.
Potential Risks:
False breakout: Be cautious of a possible fake breakout where the price might briefly cross above resistance but then fall back into the channel.
Market Sentiment:
Cryptocurrency markets can be volatile, and any broader market movements (such as Bitcoin price changes) could impact this analysis.
Conclusion:
The GOATSEUS MAXIMUS (GOATUSDT) price is positioned at a potential breakout zone, with several indicators showing early signs of a reversal. A well-structured trading plan that includes careful risk management and flexible profit targets is essential to maximize the potential of this trade. Always consider broader market conditions and adjust the plan accordingly.
Last Ditch Effort on $CAT: Aiming for a Bullish Breakout!Giving this one one last try. NYSE:CAT
It’s currently setting up for a deviation with the daily downtrend expiring today.
An aggressive entry should be closer to 0.000025 if it gives another shot, but I’m willing to jump in on a break of 0.000027.
Keeping it simple this time, as it caught me off guard on my last long for not following my instincts.
Shiba Inu / SHIB analysisShiba Inu price today is $0.000012 with a 24hour trading volume of 300 million dollar. SHIB price is up 45% since last month
SHIB is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. during the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $0.000000000056 to an all time high of $0.000084, that is a 1500X times increase within 8 months. some call it Dogekiller too! welcome to crypto zoo!!
Shiba Inu lead developer Shytoshi Kusama hints at rising development activity as Shibarium Beta launch date comes near. but lets talk about the chart
most of charts looks the same and waiting for break out , I personally took profit and waiting to see can bulldogs break 0.000013 if yes then longing to 0.000014 make sense. if btc goes down then we can back to 0.00001
Fottie - Potential Leap to 1,000x
Currently a $960k market cap at the time of writing, this frog memecoin has plenty of space to the upside.
Fottie is displaying an extremely similar fractal/behavior that saw Pepe bottom in October 2023 and breakout from a downward wedge.
See below chart for PEPE:
PEPE at the time of writing has a $4.4bn market cap. Fottie has just shy of $1million. Even with a 1,000x it will still remain in the shadow of Pepe.
So back to PEPE:
Recently Fottie on it's exit from the white wedge also broke out into the RSI bull zone (from the indicator at the bottom of the chart). It is now on a volatile rampage up to the 0.5 or 0.618 fib level.
From there it will likely correct to form its first completed Wave 1 of 5 wave. That would create an inverse head & shoulders.
Dec 2024 to Feb 2025 is likely to will lead to the most volatile 3rd wave in the memecoin space. Before it finally tops out on it's Macro Wave 3 around February 2025.
From break-out (green vertical line) to T1 (Target 1) this is a 227,000% gain (2,270x). From current levels a 86,000% gain (860x) in dollar terms.
Ignore this frog at your peril.
See you in 6-7 months!
P.S. If you like the RSI Bull/Bear Thresholds indicator at the bottom of the screen, drop a comment below. It will soon be made available for a small exclusive audience.
Pepe - Diminishing Potential Returns
Pepe has seen quite the rise in recent years. That said the days of exponential returns may be behind it and found elsewhere in the meme coin space (more on that below).
Currently it looks like Pepe is beginning is on its way to completing an initial Wave 1 of 5.
By May 2025, it stands to reason that Pepe will see a 6-7x in USD terms.
According to fibonacci levels, this would see it enter the pocket between 2.272 and 2.414.
As much as it looks like meme-coins will see a resurgence in the next 9 months, my attention is going to be in an alternative meme-coin, that has just begun an exponential breakout like Pepe did in October 2023 (green arrow & vertical line).
Once you see it, you too will notice the similarities with Pepe's original breakout.
Want to know which meme-coin is looking like it will show exponential returns instead of Pepe? Check out my next post... (it begins with an F).
P.S. If you like the RSI Bull/Bear Thresholds indicator at the bottom of the screen, drop a comment below. It will soon be made available for a small exclusive audience.
PEPE Is Looking SEXY MartyBoots here , I have been trading for 17 years and sharing my thoughts on PEPE .
Pepe is looking beautiful , very sexy chart for more upside
Very similar to Bigtime which is up nearly 30% today
Do not miss out on PEPE as this is a great opportunity
Watch videos for more details
Phemex Analysis #29: RSI Divergence Raises Concerns for WIFPHEMEX:WIFUSDT.P has experienced a remarkable 93% surge over the past month, indicating a significant increase in market confidence. However, recent price action has shown signs of weakness, raising questions about the sustainability of this bullish momentum. A 1D RSI divergence observed on October 14th further complicates the picture, as the price is rising while the RSI is declining.
Analyzing the RSI Divergence
A 1D RSI divergence occurs when the price creates a higher high, but the RSI forms a lower high. This divergence often signals a potential reversal or a pause in the uptrend. In the case of WIF, the divergence suggests that the buying momentum may be waning, and a correction or consolidation phase could be imminent.
Overall Bullish Sentiment
Despite the recent divergence, the overall bullish sentiment surrounding WIF remains strong. The 93% surge over the past month is a clear indication of growing investor interest and confidence in the project. This positive sentiment could continue to drive the price higher, especially if there are further developments or announcements that support the bullish narrative.
Potential Scenarios
1. Continuation of Upward Trend: If WIF can overcome the RSI divergence and sustain its upward momentum, the price could continue to rise. Positive news, increased adoption, or favorable market conditions could fuel further gains.
2. Temporary Correction: A correction or consolidation phase may be necessary to digest the recent gains and allow for a more sustainable uptrend. If the price retraces but remains above key support levels, it could be seen as a healthy buying opportunity.
3. Reversal: In the worst-case scenario, the RSI divergence could signal a reversal of the uptrend. However, this would require a significant breakdown below key support levels and a change in market sentiment.
Potential Trading Strategy
Given the current market conditions, a cautious approach may be prudent. Traders could consider the following strategies:
I. Partial Profit Taking: For those who have already realized substantial gains, taking profits on a portion of their position could help protect against potential losses.
II. Tight Stop-Loss Orders: Placing tight stop-loss orders below key support levels can help limit losses in case of a sudden price decline.
III. Wait for Confirmation: Traders could wait for a clear breakout above the resistance level or a confirmation of a bullish reversal pattern before entering new positions.
Conclusion
While WIF's recent surge is a positive sign, the RSI divergence suggests that a period of consolidation or correction may be necessary. Traders should be mindful of the potential risks and carefully evaluate the market conditions before making investment decisions. If WIF can successfully overcome the current challenges, it has the potential to continue its upward trajectory.
Tips:
Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
btcusd h3 best level to buy/hold tp 75 000 usd🔸Hello traders, today let's review 3 hour price chart for BTCUSD . Currently
strong sequence of higher lows in progress so expecting more gains in this
market into US elections in November. I recommend to focus on accumulating on dips, bulls maintain control next few weeks.
🔸Previously recommended buying low at/near 60 000 usd. trade made money.
🔸Sequence of higher lows defined by 53 000 / 54 500 / 60 000 / next
higher low expecting near 62 000 / 63 000 usd.
🔸Recommended strategy bulls: accumulate on dips / wait for shallow
pullback and buy low near 62 000 / 63 000 usd. target is 74 / 75 000 usd
into early November. get out before US Elections. good luck.
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
PEPE’s Next Move: Anticipating a Correction Amidst OvervaluationIn the wake of the recent rally in BINANCE:BTCUSDT , BINANCE:1000PEPEUSDT.P has followed suit, joining the upward momentum and achieving fresh higher highs. Looking at historical patterns, it's plausible that we could witness a 10% retracement in the coming days, as corrections have been common following similar surges. Furthermore, we’ve been tracking a month-long upward trend where strategic pullbacks have consistently set the stage for new highs, reinforcing the potential for a short-term decline.
The current price action appears somewhat inflated, especially when considering key indicators such as the EMA200 and Bollinger Bands , both of which suggest overvaluation at this stage. With these confluences in mind, I foresee a potential move towards filling the imbalance that has been left behind by recent price spikes.
For this setup, I have identified two target profit zones:
TP1: 0.0100676
TP2: 0.0096963
To manage risk, the stop-loss is placed at 0.0112460, allowing for a balanced approach that accounts for market volatility while still capturing potential downside movement.