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Turbo

Turbo price get ready to... #TURBO price has just surged upwards by +20%. and this is after a prolonged consolidation that lasted all summer. Generally speaking, if you look at the OKX:TURBOUSDT chart, you'll see that consolidations in this formation are a specialty of MMs who control the price. 1 If you have been sitting in the position all summer, then at the chart you can see the levels where you can take profits. 2 If you want to buy #TURBO, we think it's safe to do so when the #TURBOUSD price manages to gain a foothold above the trend line, as indicated by the blue arrow. Be careful! Below 0.0033, there is a 60% gap!
by P_S_trade
4
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.
Long
by elfabiiani
1
TURBO/USDT technical analysis and a trading plan by BFTechnical Analysis by Blaž Fabjan Chart Pattern (Falling Wedge): The chart shows a falling wedge pattern, which is typically a bullish reversal signal. This is evidenced by the downward sloping trendlines converging towards each other with decreasing price swings. Support and Resistance: Resistance Line (Upper Trendline): The price has tested this level multiple times but has failed to break through convincingly. A break above this resistance could signal a bullish move. Support Line (Lower Trendline): The price has respected the support line, and it appears to be nearing another test of this level. If the price bounces from this support, it could confirm the bullish trend continuation. RSI (Relative Strength Index): The RSI is currently around 62, indicating that the price is in the neutral-to-slightly-overbought territory. However, it is not yet in the overbought zone (>70), meaning there could still be room for an upward movement. Stochastic Oscillator: The stochastic is around 82, suggesting that the market may be overbought in the short term. There could be a minor pullback before a larger move upward. Volume: There is moderate volume, but there isn't a significant volume spike yet to confirm a breakout. A notable increase in volume would be a good confirmation signal for a breakout. MACD (VMC Cipher B): The MACD-like indicator shows a potential bullish divergence. The oscillator is showing signs of reversal upward, further supporting the idea of a potential upward move. Trading Plan: Entry Strategy: Aggressive Entry: Consider entering near the current price or slightly lower if the price bounces off the support trendline. This could offer an early position before the potential breakout. Conservative Entry: Wait for a confirmed breakout above the resistance line (above the wedge pattern), ideally accompanied by a volume increase. This reduces risk but could result in entering at a higher price. Take Profit (TP): First TP: Set your first target around $0.0075 to $0.0080, near previous local highs, where sellers might emerge. Second TP: If the breakout is strong and volume supports it, the next target can be around $0.0090, which is the level indicated by the large arrow on the chart, signaling the longer-term upward move. Stop Loss (SL): Place your stop loss slightly below the support line (around $0.0050) to limit downside risk in case of a bearish breakdown. Risk Management: Risk no more than 1-2% of your trading capital per trade. Adjust your position size based on your risk tolerance and the distance between your entry point and stop loss. Summary: The TURBO/USDT chart shows a bullish setup with the potential for a breakout from a falling wedge pattern. A conservative trader might wait for a confirmed breakout above resistance, while an aggressive trader could enter on a bounce from support. The primary risk is a breakdown below support, which would invalidate the bullish thesis. This strategy assumes that market conditions remain favorable, and the wedge pattern holds up. Keep an eye on the volume and other indicators to validate your decisions.
Long
by elfabiiani
Neiro and 2 memecoins may skyrocket as Binance reveals listingThe cryptocurrency market is abuzz as Binance announces its latest listings, which include NEIRO, TURBO, and BabyDoge. This decision by the prominent exchange platform could significantly influence their market trajectories. Binance has announced the addition of three new cryptocurrencies to its platform. Starting on September 16, 2024, at 10:00 UTC, users will be able to trade Neiro (NEIRO), Turbo (TURBO), and Baby Dogecoin. These tokens will be available in several trading pairs. Investors must conduct thorough research before trading these new tokens on other platforms. This step helps in safeguarding their investments against potential scams. NEIRO has recently experienced a price dip. In contrast, TURBO and BabyDoge have notably increased their market prices, demonstrating a strong bullish pattern and fostering optimism among their holders. In a promising development for cryptocurrency enthusiasts, Binance has announced the addition of Neiro, Turbo, and Baby DogeCoin to its trading platform. This strategic expansion could significantly impact the altcoin market. If the price of Neiro continues to gain momentum, it could rally to $0.08. If this trend persists, a surge toward $0.1 in the near term might be on the horizon.
Long
by paul_endeo
TURBO price volatility gonna increase soonAfter four months of sideways accumulation and holding strong above 0,003$ TURBO is poised to face the next leg up. Considering that the Ethereum meme ecosystem is constantly growing and - chartwise - ETH is making higher highs and higher lows over the last two years riding towards new all-time-high this could play out very well in the future. Historically, squeezing Boilinger bands point to a big volatility move after consolidation. Let's see how this play out.
Long
by PizzaDriver
1
(MOG) mog coinmog coin listed to kraken but now does not appear on their website as newly listed. Not sure if there is a bug or glitch or if they decided to not list mog coin. As I can see on trading view the kraken USD mog coin pair does exist despite the listing on their website going blank. Kraken also listed memecoin. In the last few months Kraken has listed some ~50 cryptocurrency to their trading exchange. notable add-ons include; TURBO, ECHELON PRIME, PARCL, RENDER, FLOKI, MANTLE, KUJIRA, BITTENSOR, LAYERZERO, BIG TIME, PENDLE, SAFE, MAPLE, HELIUM, BONK, OPTIMISM,. people in the USA cannot trade : ACA, AGLD, ALICE, ASTR, ATLAS, AUDIO, AVT, BONK, C98, CFG, CLOUD, CSM, FLOKI, GENS, GLMR, HDX, INTR, JASMY, KIN, KMNO, KUJI, L3, LMWR, MC, MV, NMR, NODL, NYM, ORCA, OTP, OXY, PARA, PEPE, PERP, PICA, PORTAL, PRCL, PSTAKE, PYTH, RAY, REQ, REZ, ROOK, SAMO, SDN, STEP, SUI, TEER, WEN, WIF, WOO, XRT, YGG, ZEX. I notice quite often the best performing cryptocurrency "on the day," is one that is not tradable in USA. For instance, this week Sanctum (CLOUD) performed the best while most cryptocurrency was losing yet there is no way to gain from this instance because as seen from above CLOUD is not tradable in USA. Neither Bonk nor Dogwifhat are tradable in America on Kraken.com. to check your location here is the link: support.kraken.com
KRAKEN:MOGUSD
by CryptocurrencyBlot
TURBO Bearish Divergence on 1Wk ChartTURBO Chart 1WK: We have a negative divergence forming on the weekly time frame. If the current candle remains as a bearish engulfing candle by the close of this week (3 days), then it's going down to test the bottom of the channel and those lower wicks. Falling to the bottom of this channel would result in a -31%. Correction. If it breaks the channel lower, then it's going down -80% In a first ever "Utility Bull-Run," how will the meme coins hold up this time, with no utility? This could be like the FTX or Luna Crash 👀
Short
by sir_Cooley
2
TURBO may become bearishWith the wave count of the total data we have on the chart, it looks like we have a large diametric on the chart that we are now in wave G of this diametric. In diametrics, the G wave is the final wave. It seems that the structure of wave G is a triangle, and now we are in wave e of this triangle. Wave e in triangles is the final wave. With these interpretations, it won't take long for TURBO to become a bear. The targets are marked on the chart. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
Alikze »» WIF | Ascending wave 5🔍 Technical analysis: Ascending wave 5 - According to the analysis presented in the 12H time frame in the previous post , after not being able to break the supply zone, it followed a downward trend with a zigzag correction to the green box. - But currently it is moving in a downward channel in the daily time frame, which after creating a demand in the green box range, has now faced a zigzag correction after an upward wave. - Therefore, in the lower time frames, I expect a growth in the form of wave C to the ceiling of the channel after the break in the middle of the channel. - According to the movement structure, this complicated zigzag corrective wave 4 seems to have ended. - Therefore, if there is no stabilization under the green box area, we should see the channel failure. 💎 Also, corrective wave 4 should not overlap in the 0.53 cents area, in which case the bullish scenario will be invalidated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« MEXC:WIFUSDT
Long
by alikze
TURBO/USDT: LOOKS READY FOR AN ATH!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! TURBO looks good here. It breaks out from the descending triangle and a retest is also done to, make a double bottom-like structure. Buy some here and add more up to $0.0038 Target1:- $0.0047 Target2:- $0.0061 Target3:- $0.0073 Target4:- $0.0086 SL:- $0.0034 What are your thoughts on TURBO's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
Turbo growth of "only" +15000% in a year!Another memecoin that has shown some unrealistic +15,000% growth in a year. And what's most interesting is that OKX:TURBOUSDT could be bought on exchanges on spot last autumn and just holding) Now the project's capitalization is “only” $400 million, and all issued coins are in circulation on the market. This is not a trading recommendation at all, but what do you think? 😱 Is it possible to work out the blue scenario and x8 growth from $0.005 to $0.04 ?
by P_S_trade
2
TURBOUSDT Bullish Flag!TURBOUSDT technical analysis update TURBOUSDT has formed a bullish flag pattern, with the price moving towards a breakout at the flag's resistance. TURBO has formed similar bullish flag patterns in the past, resulting in significant price movements: a 300% increase after the first flag breakout and a 1400% increase after the second flag breakout. This time, I expect a 200-300% move following the breakout. Buy zone : Below $0.00420 Stop loss : $0.00290 Regards Hexa
Long
by HexaTrades
1
Alikze »» IO | Descending channel🔍 Technical analysis: Descending channel - In the analysis of the post presented earlier, it was moving in an ascending channel in the 1h time frame, which was corrected after failing to break the supply zone and touched the bearish target. - Now it is moving in a descending channel in the 8h time frame. - According to the behavior and structure, it is forming a double hybrid modification. - Therefore, I expect that after hitting the ceiling of the channel, which can form a corner pattern, it will encounter an increase in supply again and complete the last leg to the minimum floor of the channel and then to the Buyer Zone. 💎 Alternative scenario: If it can break the zone considering that it has an Ingalf candle at the bottom of the channel, it can increase to 0.23 fibo of its previous wave. If the behavior and structure of the post changes, it will be updated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:IOUSDT
Short
by alikze