Memes
Altcoins Warming Up! Here Are Some Picks.Traders,
We knew it was coming. We knew alts were nearing their bottom and would heat up soon. We knew we would start to make and take massive profits like we did on one of our trade exits today (+64%). WE DID NOT KNOW THAT AN ASSASSINATION ATTEMPT ON FORMER PRESIDENT TRUMP WOULD START IT ALL. But this appears to be exactly what happened because prior to the attempt the former president had been vocalizing full support of Bitcoin and crypto. The big dawg (BTC) has led the pack strongly and I believe we are just beginning to see the start of our second leg up in the altcoin space.
In tonight’s video, I am going to cover the current hottest alt and meme coins in the list that I track. We’ll do some quick technical analysis and I’ll give you some possible entry points and strategies as well as some final targets for swing trades.
Paid subs, know that in the future I will probably be picking up one or two of these coins. Also, should my proprietary indicator continue its current success rate, I may share a special post about what this is and how I utilize it. Be on the lookout for these future posts and more. Enjoy this week’s video on a few of the hottest altcoins for this mid-July.
Crypto Market Weekly Analysis: BTC, ETH, SOL, BNB, BTC dominanceWelcome to our weekly analysis of the cryptocurrency space.
█ BTC/USDT
The BTCUSDT chart shows Bitcoin trading within a descending channel, with recent price action bouncing off the lower boundary of this channel, indicating potential support around the $53,000 level. The RSI indicates bullish divergence, suggesting a possible trend reversal or a strong bounce from this support level. Additionally, the Volume Profile on the right shows significant trading activity between $68,000 and $60,000, indicating key resistance levels above.
█ BTC.D
The Bitcoin dominance chart shows Bitcoin dominance forming a rising wedge pattern, which typically indicates a potential bearish reversal. The RSI is exhibiting a bearish divergence, suggesting weakening momentum and a possible decline in dominance. A breakdown from the wedge could target a significant decrease, aligning with the projected target area shown on the chart.
█ ETH/USDT
The ETHUSDT chart shows Ethereum trading within a descending channel, with recent price action rebounding off the lower boundary, suggesting potential support around the $1,850 level. The RSI is showing signs of a potential bullish divergence, indicating a possible trend reversal or a strong bounce from this support. The Volume Profile indicates significant trading activity between $3,200 and $3,600, suggesting key resistance levels above.
█ ETH/BTC
The ETH/BTC chart suggests upward action for the RSI and bullish patterns with a primary target of 0.06178 BTC and a secondary target at 0.06861 BTC. This follows the Bitcoin dominance bearish sentiment meaning more capital would flow into altcoins and Ethereum being their catalyst.
█ NASDAQ
Bitcoin has often been correlated to stocks , not that it's a good thing, however since Bitcoin's ATH in march we've seen stocks keep rising while Bitcoin ranging with around 30% downside from ATH. Nasdaq is at ATH right now and Bitcoin is not. The RSI suggests that stocks are overbought but not indicating a divergence yet.
█ BNB/USDT
The Binance coin is currently down 28% from its ATH after bouncing up +10% from its middle point of 450 $. I'm still bullish as long as the shift to altcoins scenario continues and RSI remains in the bullish area above 50.
█ SOL/USDT
Solana shows a bullish wedge and multiple bottoms of its 3 months support at 127 $. RSI is printing a bullish divergence. My primary target is 189 $ and 2nd is 210 $.
█ GAMING coins
EGLD has been outperforming Bitcoin and is the top performing gaming coin of the week.
█ Top cap coins
The biggest coins in market cap compared to Bitcoin shows Solana in first and AVAX in second.
█ AI coins
Artificial Intelligence coins compared to Bitcoin: INJ arrives first and NEAR second, but the global AI space isn't performing remarkably well.
█ MEME coins
Ending this analysis with meme coins , we can't ignore the fact that BONK is hard outperforming Bitcoin in first position.
Thanks for reading until here, I hope I can catch the time to make another analysis next week.
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
Slerf is poised to rebound hard...The large #memecoins on #Solana
Have provided a wealth of opportunities
We must appreciate their strength and wonderful gains they have brought people
Their is no use crying on the sidelines that your coins aren't pumping
When we see what #WIF , #BONK have been doing
Keep you core coins that you like
but also if you bringing in fresh FIAT into this casino
I like Slerf at these depressed levels
as it may rise up in sympathy as Solana takes aim at a new cycle high.
The bollinger bands are squeezed in
the slow stochastics are perky
and we have our higher lows in place.
MOJO potential for an inverse head and shoulders ...As long as price remains in the right shoulder, new entries could be rewarded on this recently created memecoin.
* I am a buyer and holder *
Low marketcap but decent volume and liquidity
DYOR by following the twitter account to see if this coin fits into your investment style and risk tolerance.
But I like what I see so far and think it could make new highs ... at some point.
BODEN isn't out of the race yet. The token remains channel bound.
The chart provides a clear explanation, showing a lot of activity.
It could still be in the accumulation phase, as the selling pressure continues to decrease, indicated by low-volume bars.
There's no reason to be bearish yet, but that could change at any moment.
DISCLAIMER: This is not financial advice (NFA); please conduct your own research before making any investment decisions.
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.
PEPE long term Target 🎯Pls #dyor and support follow idea 💡 to get updates 🙂
Red lines accumulation zone 📌
Green 💚 lines 📍 target's 🎯
I am expecting only 20-25x move not 100x to 200x
Yes 🙌 i provided in chart 📈 based on if COINBASE:SHIBUSD market cap enter 60B then possibility i am saying but based time interval if any fast response of pump 📌 we are going 100x above
But make ur mind 🧠 with minimum target 🙂
In my opinion 10x>>15x>>20x>>25x
Later I work on chart 📉 i will update
Once check ✅ my old analysis that's my target 😅 it's new idea 💡 for old idea replacement
Check in tagged idea 💡
🧵👉
DOGE W pattern *** LOG target of 50 cents!***Massive Qudos to Doge
It's a meme & crypto alt coin unicorn
It birthed an entire industry
So and one of the very handful of coins that can make new highs versus BTC
That is quite incredible.
here we have a lovely W pattern
with some nice targets for it
We will assess once these are made for further upside.
#Memes
#memecoins
#Dogcoins
Ethereum Landwolf can 6X from here!Contract
0x9c7D4Fb43919DEf524C1a9d92FE836169eAF0615
( I still like Landwolf on Avax!!)
But I also really like this #HVF
@TheCryptoSniper
Fair warning it has already triggered
So use the lower funnel line as a stop loss if things turn south
But at least we have well defined risk and rewards
And also a great thesis that #Memecoins are, anti Men in Suits Vulture capitalists the evil
perma dumping value extractors.
The people have responded with their wallets and have committed their dollars to Memes.
The meme sector is far bigger than AI ad Gaming!
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
The trend is your friend! Landwolf on #AVAX is breaking out again.
Please #DYOR
no really DYOR
there's many Landwolf's , many knockoff coins.
I am under the impression THIS is the REAL coin as chosen by the market.
And listed on MEXC exchange.
The NEW OFFICIAL mascot for #AVALANCHE!!!
:))))
Either what a great chart
Don't get burned ... can you hop on and not get burned at this stage??
Depends .... how crazy you think this market will get.
#Dogecoin idea update vs #BTCI posted this #DOGEBTC chart a long time ago
Well we are seeing the fractal that I thought was forming appear to be well underway
which is great not only for Doge but #Altcoins as well
Over the years Doge has been fantastic at generating more BTC
and quite literally a unicorn in making higher highs and higher lows through multi cycles
The coin that sparked a whole industry
But often times its best to bet on the market leader
think Coke v Pespi
Apple V Samsung
A $80k BTC puts Doge at over $2 using this projection
will it get there... ? tough to say But at least we have a roadmap
SOLANA Holding up extremely well. Inverse Head & Shoulders v BTCWith this slight pre halving dip.
And look at this chart it has formed vs #Bitcoin
Using our log based target for #BTC of $143.9k
We can project how high #SOL COULD possibly go.
Similar patterns have formed v ETH & USD has already highlighted.
***** ----------------- *********
These are just mere mental frameworks of a POTENTIAL price roadmap.
Imagine not having a roadmap... and someone was to cash out $500 ... went on a long vacation
Only to see the Sol price trading at $1800... with "Analysts" & influencers calling for $5K
Creating FOMO and going back into the market only to watch it top at $2400
and then proceeding to ride it back down to triple digits!!!
Your initial profit taking at $500 may only be worth $250 before you come to your senses and run for the hills with what you have left.. still a good win if you got in low enough
... but you would probably be emotionally scarred for the next few years!
Enjoy this dip
We still got some time left in this bull market obviously
But time is not on our side and you should have already laid out your exit plans.
MEME target 0.674h time frame
-
Last analysis of MEME pointed out there was a potential cup and handle structure, but fail now. MEME kept going down and retested the neckline zone. So far, MEME is maintaining in a reasonable support zone around 0.033~0.036. Also, MEME just dump and try to make a wick low now, so we can set up a trading plan with great risk to reward ratio here.
-
TP: 0.67
SL: 0.0293
eHEXicans are all PoorPleb's now!Richard attempts to educate his community
has reduced His original project to nothing more than a memecoin.
A memecoin with a Huge problem though!
compounding inflation! For ever.
No supply cap.
But the annual supply actual increases every year.!
PoorPleb is a memecoin ... so has has a fixed supply
Poorpleb is highly prominent token on the community DEX 9inch.io
Poorpleb is a yielding asset on the Yield farms and locked up in pool.
HEX is full of weary bag holders stuck in staking contracts for years upon years.
Oh dear what has RH done?!
The supply of PP is far from outrageous when compared to HEX
Only 2.8X more ... hmmm
except PP memecoin is only valued at $1.4m
whilst HEX is $1.5 Billion still
a wild discrepancy if u ask me
expect this gap to shortened over this coming bull market.
Don't Buy Inu #DBI --- massive cup & handle The log target is projecting a new High
I love the DEV <3
and do own a bunch of these coins
--- for the culture---
--- for the Honour---
And also to make gains
Next stop appears to be a penny
log target is nearly 6X away
and for people who have been following me for a while probably have a real good cost basis now!
As #PEPE & #WOJAK have shown us
the #Meme economy is still strong
#DBI is a DO BUY