MEME price analysis⁉️ Maybe #MEME is trying to start the memecoin 2.0 season?)
Before the strong resistance from above, the growth potential is 400%, but even this will not be much consolation for those who bought OKX:MEMEUSDT a year ago.
But again, in accordance with the assumption that was written a few posts earlier: coins with market caps in the range of $50-100 million are starting to “pumping”.
💰 In general, if the CRYPTOCAP:BTC price in April is kept above $79-80k (9 days left), then May may turn out to be quite generous.
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MEMEUSDT trade ideas
MEMEUSDT ShortMEMEUSDT had a strong breakout from the 4H EMA50 — up 23%! This setup is perfect for a short without a stop, using scaling in.
There’s a chance price might reach the daily EMA50 — if it does, I’ll add more to the short from there. The target will be adjusted based on how the 4H EMA50 moves.
#MEME/USDT#MEME
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel. This support is at 0.001424.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.001452
First target: 0.001496
Second target: 0.001537
Third target: 0.001586
#MEME/USDT#MEME
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.00284
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.00309
First target 0.00334
Second target 0.00355
Third target 0.00381
#MEME/USDT#MEME
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.00424
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.00442
First target 0.00460
Second target 0.00475
Third target 0.00492
#MEME/USDT#MEME
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.00670
Entry price 0.00694
First target 0.00725
Second target 0.00751
Third target 0.00783
MEME Entry Idea: Risk/Reward = 4.5The MEME coin has been moving in a downward range for an extended period, forming consecutive lower highs. However, the recent sharp price dip triggered significant buying, indicating strong interest from buyers at current levels. This zone (0.00932–0.00943 USDT) may now act as a key support for further growth.
📊 My Strategy:
🟢 Buy Zone: 0.00932–0.00943 USDT
🎯 Take-Profit Targets:
1️⃣ TP1: 0.01074 USDT
2️⃣ TP2: 0.01331 USDT
3️⃣ TP3: 0.01872 USDT
🛑 Stop-Loss: 0.00751 USDT
🔝 Entry Idea: Risk/Reward = 4.5
🆘 Recommended Trading Volume: 3% of your portfolio deposit. ❗️
Always practice proper risk management and conduct your own research before making investment decisions.
#MEME/USDT#MEME
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.00810
Entry price 0.00890
First target 0.00937
Second target 0.00990
Third target 0.01050
meme/usdt1. Chart Pattern
Triangle Pattern: The price movement appears to be forming an ascending triangle pattern. This pattern typically indicates a potential breakout.
Lower Trendline: There is an ascending support line where the price is consistently finding support.
Upper Resistance Line: The resistance level is around 0.01235, which acts as a ceiling for the price.
2. Support and Resistance Levels
Support Levels:
0.01114: A strong short-term support level.
0.01098: A secondary support level below.
Resistance Levels:
0.01235: The key resistance level that needs to be broken for further upward movement.
3. Indicators
RSI (Relative Strength Index):
The RSI graph below fluctuates between 30 and 70, indicating that the market is neither in an overbought nor oversold zone.
The current RSI is near the mid-level, suggesting neutral momentum. An upward movem
Volume:
The 24-hour volume shown is 320.53 million.
If the volume is low, the breakout from the triangle pattern might lack strength. A high-volume breakout would provide more reliability.
4. Performance Data
In the performance section on the bottom right:
1D (1 Day): +10.05% increase.
1W (1 Week): -29.46% decrease.
1M (1 Month): -17.19% decrease.
This indicates a short-term recovery attempt within an overall bearish trend.
5. General Outlook
Short-Term Expectation:
If the price holds above the 0.01114 support level and breaks upwards with significant volume, the next target would be the 0.01235 resistance level.
Long-Term Risk:
If the 0.01114 support level is broken to the downside, the price could drop further to 0.01098 or lower levels.
TradeCityPro | MEMEUSDT Potential Breakout from the Range Box👋 Welcome to TradeCityPro Channel!
Let’s dive into analyzing our coins in the current market conditions to identify potential triggers before the next move begins.
🌐 Overview Bitcoin
Before starting today’s altcoin analysis, as usual, let’s first check Bitcoin on the 1-hour timeframe. Bitcoin has finally initiated a wave, breaking through the 95753 resistance.
However, I’m not fond of the volume in these recent candles, and it needs to increase. You can consider opening positions upon entering the overbought zone.
Additionally, today saw a short-term wave with some green candles, accompanied by a decline in Bitcoin dominance. Now, as Bitcoin prints green candles, its dominance is also rising, indicating that the next wave moving toward Bitcoin’s peak might come with increased dominance.
📊 Weekly Timeframe
On the weekly timeframe, the altcoin MEME rejected the top of the range and the significant 0.01790 resistance, pushing it back toward the range’s bottom.
The buy trigger hasn’t activated yet, and this rejection has made the trigger even more critical. If you’re interested in buying this altcoin, consider adding it to your mid-term portfolio after breaking 0.01790.
If you’ve already bought at any level on this chart, it’s logical to exit and cut losses if the range’s bottom breaks. A break below 0.00997 would suggest forming new lows, so it’s better to liquidate and look for a fresh trigger later.
📈 Daily Timeframe
On the daily timeframe, following a heavy rejection from the 0.1795 resistance, MEME returned to the range, resulting in continued oscillations within this area.
We must consider that, price-wise, the market is at a logical level for buying. However, time-wise, it might range here for a while before starting a potential upward move. This makes it somewhat reasonable to take small spot risks during these days.
Based on the above, you can make a risky buy at 0.01132, with a stop-loss at 0.00861, after breaking the level. However, personally, I’ll hold onto liquidity for lower levels.
For example, if I have 30% of my funds in cash, any purchases I make here would amount to just 5% overall, assuming stop-losses are hit! For a more logical entry, I’ll monitor for a break above 0.01795.
⏱ 4-Hour Timeframe
On the 4-hour timeframe, MEME has been ranging for days within the 0.01007–0.01139 box. A breakout from either side of this range will provide a clear trigger without bias.
📈 Long Position Trigger
the rejection at the 0.01139 resistance has increased its significance. Once this level breaks, I’ll open a futures long position with a large stop-loss at 0.01.
📉 Short Position Trigger
momentum can be tracked on lower timeframes, and positions can be opened with triggers on these smaller timeframes. The 0.01 support level could be used for a small stop-loss and low-risk, quick profit management.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
update I'm sorry, wave counting is a very difficult task and technical analysis is generally associated with mistakes.
The idea of wave 4 was wrong on my part. We had a big correction in wave 2. The good news is that in wave 3, the minimum target is 0.031.
I will update at the end of wave 1 of the big 3.
"Breakout Confirmed: MEME/USDT Poised for 250% Gains – Don’t MisHere’s an overview of the MEME/USDT chart, pointing out its potential to increase in value by 250% or more in the next few months.
Important Findings
Breaking above a downward trend line.
A clear downward trendline was crossed in early November 2024, showing a change from a negative to a positive outlook.
After the price increased, it has now become steady, which means people might be gathering more before the next big change.
Important Support Points:
0. 01262 (current breakout level): This is a key level for support right now.
Below this, 0. 01200 acts as strong support, keeping the price above important low points.
Important Levels Where Prices Might Stop Rising (Target Areas):
0. 02122: The first big obstacle. If it goes above this point, it could start a big rise.
002500: The next goal after breaking out, which is the same as the last highest point.
003311: A medium-term goal that matches earlier supply areas.
004732: This is the last key resistance point, which could lead to a profit of about 250% to 300% from the current price.
MACD Analysis: Understanding MACD is about looking at two moving averages to help predict the price trends of a stock. It can tell us when to buy or sell by showing the momentum of price changes.
The CM_Ult_MACD and MACDRe indicators suggest that momentum is slowing down and may start to go up soon.
When the histogram shows positive divergence and the red bars are getting smaller, it might mean that there is a chance for more upward movement in the market.
Amount and Market Setup:
The amount of trading seems stable after the price went up, showing that the market is settling down.
A big increase in trading activity when prices go up can show that investors are interested and that the upward trend will keep going.
Story of Investing for Medium-Term Profits
Technical Breakout Setup: The price has moved up from a long period of decline and is now settling down, which suggests that people are starting to buy more.
Risk-to-Reward Ratio: There's a small chance of losing money at the support level of 0. 012, but there's a big chance to make money, reaching between 0. 03311 and 004732
250% Target Reason: The main resistance points match up with past price patterns and show a slow return to a positive trend.
Planning When to Start and Stop:
Start buying at a price around 0. 01239 to 001262
Stop-Loss: Under 0. 01200 (a solid support area).
Profit Goals:
0. 02122 (Goal for the short term: about 75% increase)
0. 03311 (Goal for the middle of the term: about 150% increase)
0. 04732 (Goal: about 280-300% profit)
This chart setup provides:
Low risk with a clear point to stop losses.
Big chances for profit with possible returns over 250%.
A clear confirmation of a breakout and positive MACD signals are boosting confidence in continued price increases.
At the end of wave 4It is forming a corrective micro wave 3 of c. The general form of a higher view is forming a
expanding diagonally
We are finishing wave 4. The end of the correction of blue dashed lines. Wave 5 will finally end in 2 yellow boxes.
It will be updated after the start of wave 5. All in all, fasten your seat belts and enjoy the ride.
MEME/USDTThis chart presents a detailed analysis using Fibonacci levels, a potential Elliott Wave structure, and the possibility of an inverted Head and Shoulders (H&S) pattern. Based on the provided details, here’s a breakdown:
1. Fibonacci Levels:
0.236 (0.01044), 0.382 (0.01291), and 0.618 (0.01310) serve as significant support and resistance zones.
1.618 (0.02436) and 2.618 (0.03443) are marked as potential target levels. If the price continues an upward trend, these levels could act as resistance zones.
2. Elliott Wave Analysis:
A 5-wave Elliott impulsive structure seems to be completed.
If this analysis holds, the price might now enter a corrective wave or initiate another upward trend.
The (5) point is highlighted as the potential completion of the upward movement.
3. Potential Movement Scenarios:
Bullish Scenario: The price could rise to the 0.02690 level, indicating a continuation of the upward trend from major support.
Bearish Scenario: The price may pull back toward the Fibonacci 0.618 or 0.5 levels (e.g., around 0.01310), suggesting a corrective phase.
4. Chart Patterns:
Inverted Head and Shoulders (H&S): The curved structure shown suggests a potential bullish reversal if the pattern completes.
The "?" mark indicates a decision zone where the price is likely determining its next direction.
Summary and Evaluation:
Support Levels: 0.01310 (Fibonacci 0.618), 0.01044 (Fibonacci 0.236).
Resistance Levels: 0.01813, 0.02436, 0.03443.
The price is currently at a critical zone and may react to these levels before choosing its direction.
Based on this analysis, it's essential to monitor whether the resistances break or supports are retested. Additionally, always use stop-loss orders to manage risk effectively, aligning with your trading strategy. 😊
MEME Coins on the Move!
If CRYPTOCAP:BTC behaves and doesn’t mess up the party 🎉, MEME coins could shine bright!
🔥 Sitting on a strong support, they’re looking solid for long positions.
But remember, the crypto market loves surprises – stay sharp and manage your risk!
💡 What’s your top MEME coin pick right now? Let’s talk strategy!
MEME — The Undervalued Leader You Need to Watch!🌟 Are Memecoins Ready for a New Surge? 🌟
💎 MEME — The Undervalued Leader You Need to Watch!
🚀 Memecoin (MEME) is the native token powering the innovative Memeland ecosystem, brought to life by the legendary meme platform 9GAG! This cutting-edge Web3 studio is reshaping the future of online creativity and community-driven projects.
💡 Why MEME?
Powered by a globally recognized brand
Strong utility within the Memeland ecosystem
Positioned for explosive growth in the memecoin sector
🔝 Entry Setup:
⚖️ Risk/Reward Ratio: 1/5
📊 My Strategy:
🟢 Buy Zone: $0.011 - $0.013
🎯 Take Profit Targets:
TP1: $0.016
TP2: $0.022
TP3: $0.033
🛑 Stop-Loss: $0.0091
⚠️ Important Reminder:
The cryptocurrency market is highly volatile. Always practice risk management and conduct your own research before making any investment decisions.
MEME/USDTSymmetrical Triangle:
The chart clearly shows a symmetrical triangle formation. This type of pattern typically indicates that the price is consolidating within narrowing ranges and a breakout (in either direction) is likely to occur.
Symmetrical triangles can break out either upward or downward. To determine the breakout direction, pay attention to the trading volume.
Fibonacci Levels:
Fibonacci retracement levels are marked on the chart to identify potential support and resistance zones.
Levels such as 0.786, 0.618, and 0.5 are highlighted, showing where the price might react.
Key Support and Resistance:
The lower boundary (around 0.0130) appears to act as support, while the upper boundary (around 0.0140) serves as resistance.
If the price breaks above the upper triangle boundary with volume, it could test higher resistance levels. Conversely, a breakdown below the triangle may lead to a move towards lower support zones.
Potential Scenarios:
Bullish Scenario:
If the triangle breaks upward, the target price is usually calculated as the height of the triangle added to the breakout point.
Bearish Scenario:
If the triangle breaks downward, the target price is typically the height of the triangle subtracted from the breakdown point.
Suggestions:
Watch the Volume:
An increase in volume often confirms the strength of the breakout.
Set a Stop-Loss:
Place a stop-loss near the triangle's lower or upper boundary to manage risk.
Use Additional Indicators:
Tools like RSI or MACD can provide insights into trend strength and momentum.