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DAILY DOUBLE BOTTOM FORMING?What's up traders and holders. I charted up #ApeWifHat on the daily timeframe to show you what I think could come by the end of this month. In Orange are daily Key Levels, Purple is a Key Zone, and Blue is the possible double pattern formation. Prediction: Price rises to Key Zone and battles it. From there it could beat resistance then rise to a daily key level @0.00000008225. If it fails to beat resistance, it could consolidate back and forth between the key zone and daily support. Ape Wit Hat has been bearish since the beginning, but I think that it has found its floor. I predict big bullish action in the coming days if BTC and SOL were to rise. It's currently at a $2.6 Mil market cap which is baby compared to other meme coins that has already hit and sustained a Billion Dollar market cap. This is an early opportunity for people who enjoy getting money. apewifhat.net #memecoins #apewifhat #solano
Long
by itsmoty
🐶Floki(FLOKI)🐶 Fall by🌠Shooting Star🌠🏃‍♂️Floki(FLOKI) has managed to form a 🌠Shooting Star Candlestick Pattern🌠 near the Upper line of the Descending Channel and the Resistance line and 🟡 Price Reversal Zone(PRZ) 🟡. 🔔I expect Floki(FLOKI) to fall at least to the 🟢 Support zone 🟢 and lower line of the descending channel. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Floki Analyze ( FLOKIUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
20
BONK - FAKE TRIANGLE PATTERN ! Be aware HAMSTERS 🐹!!!BONK is currently trading within a symmetrical triangle pattern on the 1-hour timeframe. This pattern is characterized by converging trendlines connecting a series of price highs and lows, creating a triangle shape. Symmetrical triangles are often considered continuation patterns, suggesting that the price is likely to break out in the direction of the prevailing trend. Downward Breakout and Imbalance: BONK has recently experienced a downward breakout from the symmetrical triangle pattern. This breakout suggests a potential shift in momentum towards the bearish side. However, it is important to note that false breakouts can occur, and further price action is needed to confirm the breakout's validity. Unfilled Imbalance: Within the symmetrical triangle pattern, there is an unfilled imbalance zone between $0.55 and $0.60. This imbalance represents a price area where there is a higher concentration of sell orders compared to buy orders. Imbalances can act as magnets, pulling the price towards them to fill the excess orders. Potential Retest and Bullish Breakout: Given the downward breakout and unfilled imbalance, two scenarios could unfold: 1. Retest of 0.5 Imbalance Level: The price could retest the 0.5 Fibonacci retracement level of the imbalance, around $0.575. This retest could serve to shake out weak hands and accumulate liquidity before a potential reversal. 2. Breakout of Symmetrical Triangle: If the price can hold above the 0.5 imbalance level and reclaim the symmetrical triangle pattern, it could signal a resumption of the uptrend. A potential target for the breakout would be the $0.70 resistance level. Significance of False Breakouts: False breakouts of symmetrical triangles are often considered bullish continuation patterns. This is because they can shake out weak hands and trap liquidity on the wrong side of the market, potentially fueling a subsequent breakout in the opposite direction. Overall Outlook: BONK's price action suggests a potential breakout from the symmetrical triangle pattern, with the possibility of a retest of the 0.5 imbalance level before a potential bullish continuation. While a downward breakout has occurred, false breakouts are common in this pattern, and further price action is needed for confirmation.
Long
by Yaroslav_Krasko
Short Term Price Action SentimentHey again! Earlier I posted about #APEWIFHAT on whether I believed it will rise or not. Im also posting these so that others can discover this hidden GEM before it takes off in the bull run. For reference, the trend line and support line are both from the 4HR Timeframe. The blue resistance level is from the 1HR Timeframe. I added direction bias for both sides of the action for this post. In the short term, I believe we will have retracement to the support zone and maybe a little bit of consolidation there. It could completely skip retracing to support, but I doubt it. So if it does, I will just BUY more. On the flip side it could ignore the support level like I said and then rise above the 1HR resistance level, have a slight pullback to make that same level support, then go on to test the 4HR Trend resistance. My Long Term Bias is SUPER BULLISH Whether it goes up or down, I will still be in it. Community is STRONG so I'm Holding. What's your thoughts on #apewifhat meme coin? apewifhat.net #memecoin #solano
Short
by itsmoty
1
I don't see anyone else posting about ApeWifhat so I will!For starters my overall sentiment is bullish. I am a holder, but I'm not biased. If it never rises, I will be fine. Now to my analysis... This is a fairly new project that launched in March. It's currently consolidating but it had a strong bullish uprise then found its first all time low. Its currently in a downtrend and has found a solid area of support as indicated on the chart. We are possibly going to retest it soon but if we don't, than we may be in for a moon ride. Ive indicated a simple trend and support from the 4hr timeframe, which I think is crucial for predicting this so early. I think everyone should grab them some of this memecoin before all of the big whales come along and takeover. Just like they did with the others. I will post more on Ape Wif Hat soon but for today I kept it short and sweet because I had to get the party started. *Ps The community is big, strong, and active just like an Ape. Amazing team and project here with no false utility agenda. These are RARE! #apewifhat #memecoin apewifhat.net
Long
by itsmoty
2
Dogwifhat (WIF) Futures Debut on Coinbase Fails to Ignite RallyThe eagerly anticipated listing of Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures on Coinbase International Exchange and Coinbase Advanced stirred excitement among crypto enthusiasts, yet failed to catalyze a significant rally for the beloved dog-themed meme coin. Despite the fanfare surrounding its debut, CRYPTOCAP:WIF struggled to mirror the explosive surge witnessed by its counterparts, plummeting by 7.44%. Underwhelming Response Amidst Market Turbulence In contrast to the notable rally witnessed following PEPE's futures listing in April, the unveiling of WIF perpetual futures on Coinbase failed to garner the same fervent response from investors. While limit, market, and stop limit orders became available for the token's futures contract, enthusiasm waned as US customers found themselves unable to participate in the trading frenzy on Coinbase's platforms. Although CRYPTOCAP:WIF experienced a modest uptick of 0.9% post-listing, the absence of a substantial price surge indicated a broader hesitance among investors to leverage the futures debut as a bullish signal. This tepid response can be attributed, in part, to the prevailing downturn in the crypto market, where many assets, including meme coins, have faced stagnation amid fluctuating market conditions. Coinbase's Stance and Ongoing Support Despite the subdued market reaction, Coinbase continues to demonstrate its commitment to nurturing emerging cryptocurrency projects on its international platforms. With plans to introduce Aevo, Ethena, and Etherfi perpetual futures on May 2, Coinbase reaffirms its role as a catalyst for innovation within the crypto ecosystem. The platform's proactive approach towards supporting nascent projects underscores its dedication to fostering growth and diversity within the burgeoning crypto marketplace. Navigating Market Volatility and Future Prospects As meme coins navigate the complexities of market volatility and investor sentiment, the debut of CRYPTOCAP:WIF perpetual futures on Coinbase serves as a microcosm of the evolving landscape of meme coin investments. While some projects may experience meteoric rises, others may encounter more subdued receptions, reflecting the multifaceted nature of investor behavior and market dynamics. In the face of ongoing market fluctuations, the resilience and adaptability of meme coins will be tested, with projects seeking to differentiate themselves and capture the imagination of investors amidst a crowded digital landscape. As WIF and its contemporaries navigate the road ahead, their ability to innovate, capture market sentiment, and foster community engagement will ultimately shape their trajectory in the ever-evolving world of cryptocurrency. A Reflection of Market Realities The debut of Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures on Coinbase represents a pivotal moment for the meme coin community, highlighting both the potential and challenges inherent in meme coin investments. While the futures listing failed to trigger a significant rally, it serves as a poignant reminder of the nuanced dynamics at play within the crypto market, where investor sentiment, market conditions, and platform support converge to shape the trajectory of emerging projects. As the crypto landscape continues to evolve, CRYPTOCAP:WIF and its peers stand poised to navigate the complexities of market volatility and emerge as resilient contenders in the ever-expanding world of cryptocurrency.
by DEXWireNews
Shiba Inu Raises 12 Million Via TREAT For Layer-3 BlockchainShiba Inu's lead developer, Shytoshi Kusama, has disclosed that the company has successfully raised $12 million in funding via TREAT tokens for the development of its new privacy-focused Layer-3 blockchain and Shibarium projects. The announcement has led to a 1% jump in the CRYPTOCAP:SHIB price. The capital was raised from several venture capital firms, including Animoca Brands, Mechanism Capital, and Polygon Ventures, among others. Shiba Inu ( CRYPTOCAP:SHIB ) aims to expand its use cases and utility by developing its new privacy-focused Layer 3 blockchain and other projects with the funding raised through TREAT utility and governance tokens. The funds will be primarily allocated towards the development of Shiba's new privacy-based Layer-3 blockchain with Zama and to ensure its Shibarium blockchain remains in focus, while expanding security measures and regulatory compliance. Moreover, TREAT will hit the crypto market later this year, and the Shib ecosystem will also introduce a new token called Shi stablecoin. The announcement was made by Shytoshi Kusama during the Token2049 event, leaving the Shib Army in a state of excitement and anticipation. The SHIB price has risen to $0.00002705, with the 24-hour low and high being $0.00002551 and $0.00002761, respectively. However, the trading volume has decreased by 27% in the last 24 hours, indicating a decline in interest among traders. As a prominent meme coin that has expanded into a broader ecosystem, including decentralized finance (DeFi) applications and a dedicated blockchain, Shiba Inu ( CRYPTOCAP:SHIB ) is gradually progressing towards its aim of becoming a mainstream financial entity. Technical Outlook The meme coin termed Shiba Inu is trading above the 200-day Moving Average (MA) with a moderate Relative Strength Index (RSI) of 53.63. The Monthly price chart depicts a bullish Symmetrical Triangle patter which accentuates to CRYPTOCAP:SHIB 's bullish trend.
Long
by DEXWireNews
SOLANA UPDATE SOLANA has been one of the best performing large caps this year. A strong L1 project that has an ATH of $260 from the previous Bullrun that has made a huge rally off the lows. My pessimistic side is worried that the rally has been exhausted, we've reached HTF RESISTANCE as well as a STRONG BEARISH DIVERGENCE. There is a strong case to be made that using TA this would be a great place to take profits. Not necessarily go short, but de-risk and enjoy what would have been a roughly 5x from lows. We also have SOLANA being used to buy SOL memecoins, we're seeing this across the board with AVAX and INJ too, we've reached the memecoin phase of the run which also leads me to believe this move is coming to an end. Just how long the memecoin run will last, who knows, but it will come to an end as they always do, and usually very suddenly. For now TA says to de-risk, however FA is running the show for now, we'll see for how much longer.
by ProR35
🐸PEPE🐸 is Ready to Correct 🚨➖50%🚨🐸As I shared with you in the analysis a few days ago , PEPE continued its upward trend and was able to create a New All-Time High(ATH) . ( PEPE has increased over 😱➕200%😱 since my analysis ). 🚀 PEPE managed to break the 🔴 Resistance zone 🔴with high momentum and create a New All-Time High(ATH) . 🌊According to the theory of Elliott waves , it seems that PEPE has completed the main wave 3 and is in the process of completing the main wave 4 . 🔔I expect PEPE to return to the broken 🔴 Resistance zone 🔴 (pullback) to complete main wave 4 and decline by 🚨➖50%🚨 . ❗️⚠️Note⚠️❗️:If PEPE goes back below the 🔴Resistance zone🔴 again, we should expect more PEPE falls. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. PEPE Analyze (PEPEUSDT), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
21
🐶Floki Inu(FLOKI)🐶 is Ready to Fall Again✅ Floki Inu(FLOKI) fell more than ➖30% , as I expected in the previous post . 📈The Floki Inu(FLOKI) has started to rise again but I expect the Floki Inu(FLOKI) to continue falling again. 🏃‍♂️Floki has already succeeded in breaking the uptrend line . 🔔I expect Floki Inu(FLOKI) to at least fall into the 🟢 Support zone 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Floki Inu Analyze ( FLOKIUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
35
Frog or Still Dog----WIFMeme coins are the main topic of March. Various animals appear on different chains and create a frenzy. With the strong performance of the Solana ecosystem, WIF surpassed PEPE last week and reached the third place in the market cap ranking of meme coins. In this process we discovered a very interesting pattern. When new meme coins appear and quickly accumulate value, it is easier to affect the old ones. For example, PEPE appeared in May 2023 and rose rapidly. During the same period, the prices of DOGE and SHIB both fell by 25%. In mid-March 24, when WIF continued to refresh ATH, PEPE, SHIB, and DOGE were all affected. This is explained. Because many meme coins are not supported by actual business. When no funds enter the market, the size of this pancake is fixed, and new coins will divide the share of old ones. After DOGE and SHIB have developed basic businesses, we don't think WIF will threaten these two, but for the frog, the dog in the hat may suppress it for a long time. For meme coins, price changes are not supported by fundamentals, which is more beneficial for our indicators. This is why you can see from the indicator area that the TSB indicator almost captures the main profit when WIF is widely spread, calmly identifying the starting point of the rise. And the TSB indicator allows you to take long profits at the high point of the rebound (red vertical line), or prompts a long signal (green vertical line) before the rise breaks through the high point to amplify profits Whether it's a frog, a cat or a dog next, the TSB indicator will take them all. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
1
I can see SLERF doubling from here!This is beyond reckless attempting to predict a HVF before a low2 is even confirmed !! or a High 3 is even within sight But hey let's indulge in some male astrology shall we The story behind this coin is probably fake BUt who cares, it's a Bull market And Memes with a snowball effect are just too powerful to ignore. One of my favourites is Landwolf on AVAX as you know Which I think has a chance of half a billion market cap at least .. Slerf is already $300M so only needs a 3X for that magical Billion dollar valuation. It has a shot for sure... but let's lock in that double first
Long
by BallaJi
Dogwhifhat: A Dive into the Doge-Themed Tokens SurgeThe crypto market ablaze with fervor, as CRYPTOCAP:WIF emerges as the third-largest meme coin, eclipsing stalwarts of the industry like DeFi and exchange tokens. But what exactly is driving this canine frenzy, and what does it mean for the broader landscape of digital assets? At the heart of this frenzy lies the irresistible allure of Dogecoin. Once dismissed as a mere joke, Dogecoin has since evolved into a cultural phenomenon, capturing the imaginations of retail investors and institutional players alike. Its iconic Shiba Inu mascot has become synonymous with the playful spirit of crypto, transcending mere currency to embody a community-driven ethos. Enter CRYPTOCAP:WIF , the latest entrant in the canine-themed saga. Leveraging the robust infrastructure of the Solana blockchain, CRYPTOCAP:WIF has swiftly carved out its niche, riding the coattails of Dogecoin's success. But CRYPTOCAP:WIF is not alone in this endeavor; fellow dog-themed tokens like Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) have also joined the fray, betting big on the enduring appeal of Dogecoin and its canine cohorts. However, amidst the euphoria, cautionary whispers abound. Trading firms are sounding the alarm bells, warning of an impending pullback as established cryptocurrencies like Bitcoin and Ethereum exhibit signs of exhaustion. The price rally, though exhilarating, has been nothing short of exponential, raising concerns about overheated markets and inflated valuations. In the realm of Ethereum, risk reversals paint a bleak picture, with indicators skewed to the downside, signaling a palpable sense of apprehension among investors. Moreover, funding and forwards remain elevated, indicating that speculators are willing to pay a premium to maintain their leveraged long positions—a precarious dance on the edge of a volatile precipice. Technical Outlook CRYPTOCAP:WIF has yielded Potential gains to its holders with the token surging by about 11.6% today Saturday, 2024. With a Bullish Relative Strength Index (RSI) of 67.42, CRYPTOCAP:WIF is looking to capitalize on its gain and spike even higher reaching $10 as speculated by Ex Bitmex Founder Arthur Hayes. As we approach a long weekend spanning the US, Europe, and parts of Asia, the stage is set for further intrigue in the crypto sphere. Will the relentless momentum of dog-themed tokens continue unabated, or are we on the cusp of a market correction? The answer remains shrouded in uncertainty, a tantalizing mystery waiting to unfold.
Long
by DEXWireNews