BRETT — Ready To Breakout And Surge 115%After a short correction, Brett returned to the upper trendline of the bull flag. This time, the meme coin seems more than willing to break out this time.
Already last week, I talked about the bull flag Brett entered after its massive pump in May. Moreover, Brett made several attempts to break it, but so far, the token has always been rejected.
Today, Brett is one of the top gainers, with 11% at the time of writing. It also touched the trendline shortly but obviously did not have enough power to push through after the pump.
Nevertheless, based on the current momentum, Brett is ready to break the resistance. Once broken, Brett will easily rally 30% to its next resistance. But that won't be the final destination. Based on the pole flag of the bull flag, Brett's target sits at 0.3 !!
As always, we should wait for a clear breakout and confirmation on a higher timeframe before entering a trade!
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BRETTUSDT trade ideas
Why BRETT Can Pump Another 115%Brett delivered an amazing performance in May/June, surging over 500%. Logically, it entered a healthy consolidation phase after this massive pump.
After hitting the local high (0.19) in June, Brett initiated a bull flag pattern, and the price descended 30% to 0.125.
To clarify: Such a correction is healthy and needed — especially after a 500% pump. Moreover, the pattern Brett currently prints is a bullish continuation pattern. Accordingly, there is a high chance of an outbreak at the top.
In this case, Brett has to tackle the resistance at the latest top in a first step. Based on the current price, this has a potential of 30%.
And here's the spicy part: Once this resistance falls, the next logical resistance sits at 0.3, resulting in a potential of 115%.
From a market cap point of, such a move would catapult Brett to the level of FLOKI, WIF, or BONK.
$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
#BRETTUSDT Chart Update in 6-Hour Timeframe.Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
BRETT has broken above the bullish pennant and is currently retesting the resistance trendline. It is likely to see a rebound after the retest, which will push the price to test the all-time high level at $0.1955.
The 50 EMA (blue line) shows decent support for BRETT. A breakdown below the 50 EMA will likely drop the price to the lower support level of $0.1256.
~ Primary Support/Entry 1: $0.15 to $0.1568.
~ Lower Support/Entry 2: $0.122 to $0.1256.
~ Primary Resistance/Target: $0.1955 (All-time high).
~ Invalidation point: A breakdown and close below the lower support level.
DYOR. NFA.
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Brett is ready to movethe price action of BRETTUSDT on a 4-hour timeframe using data from Bybit. The chart highlights key levels, trends, and projected movements, including order blocks and support and resistance zones.
Order Block:
An order block is identified around the 0.15393 level. This area indicates a zone where significant buying or selling activity has previously occurred, leading to a potential area of interest for traders.
Support and Resistance Levels:
Support Level: The chart shows a key support level around 0.14794, which has acted as a base for the price.
Resistance Levels:
The first resistance level is around 0.16078.
The second, stronger resistance level is at 0.17076.
Price Action and Trend:
The price is currently attempting to break above a descending trendline, suggesting a potential bullish reversal.
The projected price movement indicates an upward trajectory, with the price expected to rise towards and potentially surpass the resistance levels.
Potential Price Movement:
The chart indicates a bullish scenario where the price moves upward, possibly facing some resistance around the 0.16078 level before continuing to the 0.17076 level.
If the price breaks above the 0.17076 resistance, it could target higher levels, with 0.18875 marked as a potential future target.
BASED PEPE-BRETT-TRUMP-WEIRDO-PEPE0x69-ETC - Today and BeyondBASED MEME COIN SUPERTHREAD
Im gonna Start trying to Follow some hardliners and some new one's
Speculate the Speculators and do some Trend Analysis as Well as Fundamentals
The Based MEME Coin space is literally a Wild West and you can get Wrecked playing fast and loose
BRETT has been a darling of the space with a whole host of Support coins and is popular on many DEX's providing price speculation leaving profit for scalpers
BRETT Becoming PrecariousAs you can see in the chart, BRETT is forming a kind of rising channel.
It's not an exact science, so it's a relatively crude rising channel so may be imperfect, however; if this channel is even close to correct, if BRETT breaks the apparent lower trendline of this channel, it will become very bearish, very quickly.
It has also been holding the 100 MA, but has broken below this.
BRETTUSDT | Everything is TrendingThe entire market is trending, and it's time to ride the wave! BRETTUSDT is set to reach new highs!
Market Context
With the market's bullish momentum, BRETT is perfectly positioned for a breakout.
Trade Setup
We've got the wind at our backs, and I'm targeting a new high for BRETTUSDT. The volume and price action are aligning perfectly for a major move.
Don't miss out—let's see just how high BRETT can soar!
Brett done? If you find this information inspiring/helpful, please consider a boost and follow!
Quite the dump.
Pitchfork has been responsive.
Watching how this impulse retraces.
Could just be prof taking but, need a bit more clarity.
A nice step would be a reclaim of 0.96
Waiting for some clues to play off of, but a nice impulse complete is a nice anchor to play off of.
#Elliottwave