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Memecoins

Shiba Inu Coin: Is a Bullish Breakthrough Imminent?BINANCE:SHIBUSDT has shown notable bullish momentum on the 4-hour chart, suggesting potential upward movements in the near term. Recent closing prices indicate a gradual upward trend, with the latest closing price at $0.00001647. Exponential Moving Averages (EMA) reflect this positive sentiment. The 9 EMA is currently above the 20 EMA, indicating a bullish trend. This alignment suggests that the short-term momentum favors buyers, with the 9 EMA values showing a steady increase, reflecting recent upward price movements. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator also supports this bullish outlook. The MACD line is above the signal line, with the histogram consistently positive. This configuration indicates that buying pressure is outweighing selling pressure. It also reinforces the potential for continued upward movement. Relative Strength Index (RSI) values oscillate around the mid-50s, slightly favoring the bullish side without being in overbought territory. This suggests that there is room for further upward movement before any potential reversal or correction. Key resistance levels to watch include $0.00001659, which is the immediate resistance level. A break above this could pave the way for further gains. The $0.00001714 level is critical, and if the Shiba Inu coin manages to surpass this, it may test even higher levels. Breaking $0.00001731 would confirm a strong bullish trend, likely leading to significant price increases. On the downside, $0.00001550 serves as the immediate support level. If SHIB pulls back, it may find buyers around this level. The $0.00001309 level is a more substantial support that could provide a strong base in case of a broader market correction. For potential trading strategies, traders could consider entering a long position if the price breaks above the $0.00001659 resistance level with strong volume. Potential exits could be near the $0.00001714 and $0.00001731 levels. Tightening stops as the price approaches these levels can help protect profits. On the other hand, a short position might be considered if the price fails to break above $0.00001659 and shows signs of bearish reversal. Covering the short position around the $0.00001550 support level could be prudent. A break below this level might target the $0.00001309 support. In conclusion, SHIB shows promising bullish signals with critical resistance levels in sight. Traders should monitor these levels closely and adjust their strategies accordingly to capitalize on potential price movements.
by Ecoinimist
Bonk Price Soars: Is Now the Perfect Time to Buy?BINANCE:BONKUSDT has demonstrated a notable upward trajectory in recent trading sessions. Recent closing prices have steadily increased from $0.00002396 to $0.00002643, showcasing a bullish trend. This upward momentum is supported by the 9 and 20 Exponential Moving Averages (EMA), which also indicate a positive trend. The 9 EMA has consistently stayed above the 20 EMA, further affirming the bullish sentiment in the market. 9 EMA values have climbed from $0.00002276 to $0.00002453, reflecting the increasing short-term momentum. Concurrently, the 20 EMA has risen from $0.00002248 to $0.00002352, indicating a strengthening longer-term trend. The Moving Average Convergence Divergence (MACD) indicator supports this bullish outlook, with the MACD line staying above the signal line. Histogram values have also increased, suggesting accelerating bullish momentum. The Relative Strength Index (RSI) has moved into the overbought territory, climbing from 59.06 to 69.39. This high RSI level indicates that the asset might be overbought and could be due for a short-term pullback. However, the strong bullish indicators suggest that any pullback might be temporary. In terms of potential movements, the Bonk price faces resistance at $0.00002664, $0.00002678, and a major resistance at $0.00002778. If the price can break through these levels, it may continue its upward trend. Conversely, support levels are observed at $0.00002604, $0.00002531, and $0.00002514. A break below these support levels could signal a shift to a bearish trend. For traders considering entry and exit points, a potential long trade could be initiated if the price breaks above the $0.00002664 resistance, with a target towards $0.00002778. Stop-loss orders could be placed below the $0.00002604 support level to mitigate risk. For short traders, entering a position if the price falls below $0.00002604 with a target towards $0.00002514 could be considered. Stop-loss above the $0.00002664 resistance to manage potential losses can then be set.
by Ecoinimist
NOTCOIN Up 85% In Four Days. Targets & Trade Strategy.Traders, So, two days after recommending, NOT coin had one last liquidation event before popping up and out of this bullish descending wedge nicely. It then proceeded to rally 85% from its wick low to its current price as of this post and a full 35% from where I recommended entry! As I’ve stated previously, altcoins are few and far between right now for long entries. But there are a few you’ve heard me mention which have good setups. NOT coin was one of these and is why I entered initially. If you are still looking to re-enter this coin, 15 cents appears to be a great level. You will see that volume has created a nice level of support at that price. For those of you still in the trade, I have drawn four levels above my entry, the first level we’ve already hit at 15 cents. Target two comes at around 19 cents. Target three at 21. The final target is 25 cents plus. Best of luck to you all! Stay tuned and I’ll do some more analysis on some of my other recommendations, like BONK, up 15% today so far. Stew
Long
by stewdamus
$BRETT Broke It's Critical Trendline - Dump Incoming!I understand the bull case for $BRETT with all the influencers supporting it and it being the "Blue Chip" on BASE, but.... the chart is at an inflection point now after breaking its trendline, and battling to hold the 50% retracement level if it doesnt hold, expect ~20% dump to the .382 fib, but more likely 40% to .236 if it rallies from there, which it should with all the influencers supporting it, then you should have a good meme on your hands. maybe ill consider buying at the .236
Short
by jonnieking
PEPE at strong SR, but chances for another dip are still highBINANCE:PEPEUSDT follows market vibes. Recent dips reached nice SR level at 1100-1140, but I can't be sure that it was the last dip. In order to confirm end of correction PEPE got to close 4H above 1300. Before that none of moves have bullish value. If there will be more dips, then zone of interest starts under ~1080 and since there is a wide FVG price can easily dip down to 950-1000. These are short term targets that can be reached within this week. I'm pretty sure PEPE will revisit 1340-1400 zone at some point, but I won't try to guess, if it will happen after the dip, or instead of it.
by WiseAnalyze
PEPE Trade targets Only for current Holders!!!We have highlighted #Pepe a few times since it burst on the seen. It has really been a good trading vehicle, good volume and perps. It's already up 2.5X from the big pattern inverse right shoulder. It's already smashed the neckline So charging in now is not recommended. (if you are lucky and see it retest the neckline by all means) Having said that if you have been trading it, and building up your investment stack this past year in the Frog coin. You will be glad to see this log target above the old high! congrats
CRYPTO:PEPEUSDLong
by BallaJi
3
$SHIB the memecoin for this cycle?My thesis for this next move higher is that Solana coins are done and Ethereum coins are in. Because of that, I think SEED_DONKEYDAN_MARKET_CAP:BONK sees one more exit pump and then CRYPTOCAP:SHIB becomes the memecoin for this cycle (Ethereum based). I think there's a possibility of one more retest of the lower support before the move higher starts, but once it does, I think there's 15x upside potential to the top resistance. Let's see what happens.
COINBASE:SHIBUSDLong
by benjihyam
9
Weekly PEPE: 130%-145% Gain Potential & Key ZonesRequest from crypto bro's @MyCryptoParadise_Nathan My personal outlook for PEPE on a weekly time frame is that it has already pumped quite high. If the market makers still want to pump it further, it might go up by 130% - 145% from the current price. However, PEPE is part of the memecoin sector, where pump and dump often occur. The area of 0.00001006 - 0.00000832 is quite good for accumulation, whereas taking profit around the area of 0.00002395 - 0.00002570 would be advisable. Disclaimer: This is not financial advice. Please do your own research and consider your financial situation before making any investment decisions.
by x_Akki
Did you miss #BRETT & #ANDY ... BirdDog is "Cheap"And has structure for a continuation inverse Head & Shoulders. Just poking above the neckline currently. The linear projection is not that juicy tbh .. Although this chart is in Ethereum terms not USD Yet the LOG projection could suggest a very nice move could still occur. And put BirdDog firmly in the $100M+ mc category. With these Boys Club #Memecoins... Extreme caution and research is required by yourself to determine what is the real coin and what network that coin lives on.
Long
by BallaJi
MFER could melt faces here! KEEP AN EYE ON IT! It looks like MFER is about to break out of a two-month-long falling wedge pattern. If the bulls take charge, this could lead to a significant price increase. Unlike many other artist coins, MFER hasn’t experienced a dump at every rally. Instead, it has built a strong range that supports future price action. Key points: - Support zones are highlighted in green. - Resistance zones are highlighted in red. - The dotted trendline indicates a bullish trend. If it breaks, it will fall into a strong support zone. This situation is definitely worth watching closely. Let’s see how it develops!
Long
by MysticMads
3
DOGWIFHAT #WIF NEAR TERM is TARGETTING $4.06-$4.33Per a inverse head and shoulders pattern that CRYPTOCAP:WIF is just now challenging the neckline. Overall the structure that WIF has laid down these past few months suggests a wonderful surge in prices that could see WIF getting close to the $10 zone #Memecoins are so powerful and make up a huge portion of the crypto sector. It is safer to allocate to the new and LARGE coins that have deep liquidity and bug 24 h volume that the brand new coins which most retail gamble on and and end up walking away with nothing buy sob stories.
CRYPTO:WIFUSDLong
by BallaJi