Unleashing the $CAT: Waiting for the Purr-fect Move!Price looks to be stabilizing. I've posted other NYSE:CAT charts previously, so please check them for better reference.
This one is fresh, and I think it’s on the verge of making a strong move, similar to the other cat memes.
From a technical perspective, I like seeing the price stay above the 0.000028 zone, so I’m bidding everything close to that area.
If it starts trading below that zone, I’ll assume it’s not ready to move.
Overall, I’m just following the cat meme trend, and this one has barely moved. Maybe CRYPTOCAP:BNB needs to explode for this to move along with it.
MEME
#MEME/USDT#MEME
The price is moving in a descending channel on a 1-day frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.00900
Entry price 0.01100
First target 0.01427
Second target 0.01773
Third target 0.02300
Andy: Your Go-To for Gains—The Momentum is Far from Finished!I needed to open a second idea since the current one has hit all its targets. This coin, in particular, has been fun to trade, but I’m anticipating a range to form within the mid-level retracement.
If CRYPTOCAP:BTC retraces to 60k, I’ll be cautious about how low it might dip. Keep in mind, this one still has potential; we’re just capitalizing on the initial impulse for now.
Once CRYPTOCAP:BTC breaks above the current level of 64k (if it does), things will become much more profitable. There’s still a temptation to short at these levels, as it has repeatedly failed to break above. For now, I remain bullish on the market, as most of my posts have been on the long side. However, if the market flips and 60k doesn’t hold, we may have to shift to the dark side and short until CRYPTOCAP:BTC reaches the first target at 44k.
For now, we continue to bid on dips.
TURBO is really preparing for Turbo mode (TA + trade plan by BF)Technical Analysis by Blaž Fabjan
Falling Wedge Pattern:
The chart displays a falling wedge, which is a bullish continuation pattern. Typically, this pattern signifies a potential breakout to the upside as the price consolidates before resuming its upward trend.
The wedge is identified with the resistance (upper line) and support (lower line) converging. The price is nearing the apex, suggesting that a breakout may be imminent.
Volume:
The volume seems to be relatively stable. A breakout from the wedge with a corresponding increase in volume would confirm the strength of the move.
In falling wedge patterns, diminishing volume during the consolidation phase is common, which aligns with the current scenario. Traders should watch for volume spikes on a breakout.
Indicators:
VMC Cipher_B Divergences:
The indicators at the bottom are showing several divergences. Notably, the green dots (or divergence indicators) suggest potential bullish momentum building up.
RSI (Relative Strength Index):
The RSI is around the 47.49 mark, suggesting a neutral zone, neither oversold nor overbought. An upward movement in RSI above 50 would signal increased bullish momentum.
Stochastic Oscillator:
The Stochastic Oscillator is at 62.61 (with the signal line at 58.17), indicating moderate bullish momentum. The oscillator has moved upward from a lower level, which could be a prelude to a potential bullish breakout.
Support and Resistance:
Support: The lower line of the falling wedge around 0.00625 USDT acts as a key support zone.
Resistance: The upper line of the wedge around 0.00685 USDT acts as resistance. A break above this level could lead to significant price appreciation.
If the price breaks the 0.00685 USDT resistance with strong volume, it could test the 0.0075 USDT area and beyond.
Trading Plan:
Entry:
Aggressive Entry: Consider entering the trade now, near the bottom of the falling wedge, around the 0.0064 USDT area, expecting the wedge to break out soon.
Conservative Entry: Wait for a confirmed breakout above the wedge's resistance at 0.00685 USDT. Look for a close above this level with a volume spike to confirm the breakout.
Stop Loss:
Place a stop-loss below the support of the wedge, around 0.0062 USDT. This gives room for minor price fluctuations but protects against a downside breakout.
Take Profit Targets:
First Target: 0.0075 USDT (measuring the height of the wedge and projecting it from the breakout point).
Second Target: 0.0080 USDT (psychological resistance level).
Final Target: If momentum continues strong, 0.0085-0.0090 USDT.
Risk Management:
Risk 1-2% of your portfolio on this trade.
Ensure a risk/reward ratio of at least 1:3 for a favorable setup.
Monitor the RSI and Stochastic:
If the RSI rises above 50 and the Stochastic Oscillator continues to trend upward, the likelihood of a breakout increases.
Exit Strategy:
In case the wedge pattern fails and the price breaks down below 0.0062 USDT, exit the trade to avoid larger losses.
If the price hits the first target (0.0075 USDT), consider taking partial profits and moving your stop loss to break-even to secure the trade.
Summary:
Potential breakout: The chart is indicating a falling wedge continuation pattern with a potential breakout to the upside. Indicators are showing neutral-to-bullish signals, and volume is crucial for confirming any upcoming breakout.
Risk/Reward:
Set up your entry points based on either a more aggressive or conservative approach, but ensure proper risk management and stop-loss placement.
Monitor the price action closely as it approaches the resistance, and act accordingly based on confirmation signals.
MEME target 0.01314h time frame
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Entry: $0.0097
TP: $0.0131
SL: $0.00885
RR: 4
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(1) Double bottom is creating
(2) Bullish engulfing triggered reversal on 1h time frame
(3) For bottom structure like this, fib projection 2.0 is the general target around $0.0124
(4) Considering the ongoing big consolidation structure, set target higher at $0.0131
(5) Stop loss once going below $0.00885
KOKO - Daily Pump AgainMEXC:KOKOUSDT is currently sitting on its key support zone, signaling a potential pump soon. The price of Koala AI (KOKO) has seen some volatility recently, dropping by more than 10% over the last week. However, it remains a popular token in the meme coin and AI space, with expectations of recovery as it finds support. Market indicators suggest that once KOKO bounces from this support, it could rally again, especially considering its potential to capitalize on AI-driven trends in the coming months
$DOGE range strategy for 3000% runthe best place to buy doge has always been in the lower half of the breakout range (s/r flip) targeting the diag channel upper sell zone.
each low has been marked by sweeping the previous low within the diag buy zone.
in other words lower half range + buy zone = good buy
and breaking above previous range into sell zone = good sell
its a very easy strategy for opportunistic buying and selling.
PEPE Prepares for Parabolic Growth: Bullish Momentum Building PEPE’s price action is following a classic Elliott Wave structure, with Wave 1 now complete, followed by an ABC correction, which also appears to have finished. This signals that we’re now entering Wave 3 of a larger degree trend (marked yellow), with Waves 1 and 2 behind us.
Zooming in, the Roman numeral wave count (white) shows the completion of Wave 1 of 3 of the higher degree trend, with i (green) forming the current wave. Once i completes, we can expect a brief ABC correction, followed by parabolic growth in Wave 3.
It’s exciting to see a meme coin like PEPE following such a strong bullish trajectory. The overall outlook is highly promising, and this setup could lead to significant upside potential!
MAGA - The START of a Positive Outcome!This should be the low, forming a rounding bottom right at a significant macro support.
It needs to stay above the bullish zone to progress towards new highs. The chart is straightforward, with a clear invalidation zone.
It’s currently struggling to break above the weekly open, but once it does, it could soar to new heights.
AMEX:MAGA is pretty self-explanatory; you know why I’m betting on this one!
POPCAT's Rise: Can This Meme Go the Distance?It certainly looks like $POPCAT will continue to be the leading cat #meme. Others (already listed on exchanges) have tried to take the spot but lack the momentum behind it.
As for this one, it just keeps grinding higher and is most likely to hit $2.3 before the end of the year.
This post is mainly to track the price action of this particular coin, as entries were obviously much lower. One could enter here, as there is an active weekly and daily trend, but I prefer to snipe my entries instead of buying after expansion.
Let’s follow the price together and see how much actionable data we can extract from its movements.
I’ll wrap up this thread at the end of December.
DC. Again and Again.RSI is in the oversold zone on a local uptrend + the price is narrowing the range, forming an equilateral triangle since July. Risk/reward looks good for forming a spot position or trading with a small leverage. Potentially, the price is able to move within triangle for several more months, which also curiously coincides with the beginning of the final growth impulse of both Bitcoin and entire market.
WIF - Barking Towards New Highs - Last Shot! Alright, let’s dive in.
With everything in a crucial area, September is shaping up to be a volatile month for the markets, especially with upcoming US jobs data and the FOMC meeting. We might see the first rate cuts. While caution is definitely warranted, there are still opportunities worth pursuing.
With that in mind, invalidation points are crystal clear. Both $POPCAT and NYSE:FET have specific levels where they would turn bearish if things don’t go as planned.
I'm considering a long position here, aiming for higher highs and potentially new peaks if CRYPTOCAP:BTC ’s low is confirmed.
Of course, everything depends on how the upcoming events unfold. But giving it another shot seems worth the risk.
MAX LONG NOW :)
PEPE/USDT pair on Binance (1-hour timeframe) TA+TRADE PLAN BY BFPEPE/USDT pair on Binance (1-hour timeframe) Technical Analysis + TRADE PLAN by Blaž Fabjan
Chart Pattern: Falling Wedge
The falling wedge pattern is identified, which is typically a bullish reversal pattern. As the price converges downward, it indicates a potential breakout to the upside.
The pattern suggests that there might be a bullish move coming once the price breaks out of the wedge. The breakout has either happened or is about to happen as per the drawing.
Key Support and Resistance Levels:
Support Levels:
$0.00000066: This is a key support level, likely the bottom of the falling wedge pattern.
$0.00000070 and $0.00000076: Potential areas of support if the price retraces after the breakout.
Resistance Levels:
$0.000000807, $0.000000886, and $0.000000986: These are key resistance levels. Once the price breaks out of the falling wedge, it will likely face resistance at these levels.
$0.000001084 and $0.000001235: The upper resistance targets if the price momentum continues.
Indicators:
RSI (Relative Strength Index):
RSI is around 56, indicating that the market is in a neutral to bullish territory. If RSI increases above 70, it may indicate overbought conditions.
Stochastic Oscillator:
Stochastic Oscillator is around 85, indicating overbought conditions. However, during a breakout scenario, this might suggest strong momentum.
Volume:
There is a slight increase in volume, which is often seen during breakouts from chart patterns like falling wedges.
VMC Cipher B Indicator:
This indicator shows momentum and potential divergence. The convergence of the lines could indicate a bullish reversal.
Hull Moving Average (HMA) Histogram:
The HMA histogram shows a slight bullish divergence, supporting the case for a bullish breakout.
Trading Plan
Entry:
Enter the trade after a confirmed breakout from the falling wedge pattern, preferably on a candle close above $0.000000807 (the first key resistance level). Confirmation can also be supported by an increase in volume or further confirmation from RSI moving upward.
Stop Loss:
Place a stop-loss below the most recent support, around $0.00000070, to minimize risk in case the breakout fails or the price retraces back into the wedge.
Take Profit Levels:
First Target (TP1): $0.000000886 (next resistance level).
Second Target (TP2): $0.000000986 (another resistance level where the price may slow down).
Third Target (TP3): $0.000001084 (for more aggressive traders aiming for a larger move).
If you are highly confident in the bullish move, you can target $0.000001235, but ensure to trail your stop-loss once the price reaches the first target to lock in some profit.
Risk Management:
Risk-to-reward ratio should ideally be 2:1 or better.
Use 1-2% of your trading capital on this trade to manage risk effectively.
Monitor RSI and Stochastic Oscillator closely, as both are nearing overbought zones. If these indicators show divergence (i.e., price rising but RSI declining), be cautious of a false breakout.
Watch for any sudden shifts in volume; if volume drops after the breakout, it could indicate weakening momentum.
In case the price drops back into the wedge pattern or below support, consider exiting the trade to avoid further losses.
This trading plan aims to capitalize on the bullish breakout of the falling wedge pattern, but always ensure to use proper risk management.
DC. Ascending Triangle.The time interval for the triangle formation is approx 29 days. An upward exit implies a 100% growth. If price now finds support from the long-term moving average, then the average will act as resistance in upcoming bull run of the asset. The price growth, as well as the volume growth, coincides with abnormally increased activity in Dogecoin chain. Remember that it is the Dogecoin community that is inspiration behind the creation of the smart contract blockchain for Dogecoin chain and community.
PEPE forecast price🐸 1000PEPEUSDT.P Technical Analysis:
We’re currently at a critical support level around 0.0088004 📉. If price stabilizes below this area, expect further drops to the 0.0076411 zone, marking a potential 13.04% decline 📉.
However, there's a descending trendline ⤵️ pressing the price down. A break above this line would be a sign of reversal 🔄, targeting the first resistance at 0.0095467 💥. If the price holds above this point, it could trigger a bullish move towards higher resistances at 0.010237 (a 10.74% increase) and then to 0.0118714 (a 19.64% increase) 📈.
Key strategy: Watch for volume spikes 📊 and wait for a clean breakout above the descending trendline for a potential buying opportunity 🚀. If support breaks, prepare for deeper pullbacks ⬇️.
Stay sharp and manage your risks properly! 🛡️"
OSAKA (OSAK) - one of the strongest charts - IfeelbetterOSAKA!
One of those memecoins again....
If you just look at charts and doesn't care about fundamentals, Osaka could be something for you. The chart looks great.
If Osaka claims the yellow line and stays above, I think it's just a matter of time before we have a new all time high and a big break out.
Please do a little research and you might come to the same conclusions as me. Osaka could be something more than just a simple meme coin, it could be a movement with some fundamentals behind.
Please do your own research this is just a idea off a meme coin that could be something in the future.