MEMEcoin Bullish 1H candles! Act quickly!Dear traders,
it seems like the bears have exhausted with the memeusdt- chart, as we can observe in the 1h time frame.
Rsi bullish.
I think this could be an easy 1-5% profit at least, it depends on your strategy.
Keep youreyes open, currently there is a big chance of a massive retest of the crypto market. Act responsively.
Share your ideas!
Best of luck!:)
MEMEUSDT trade ideas
The virtue of crypto trading or how i earned 20% in 4hours.Dear Traders!
Welcome, and thank you for reading this thread.
I write here not only to share my opinion but to have a kind of storage of my current ideas to look back in the future. Because if i made a mistake or a great move, that are both useful for the future.
The story of today.
I've been observing memecoin for a month now, and thought many times after a major price surge that the correction will be significant, and it could not grow higher. Well if you check the chart, you will see that the characteristics of this coin is that having a rapid price move upward, some correction and then does it again.
So what happened today?
I saw that today is a moderate moving day, some of my alts showing little or no increase. But guess what happening to memecoin? It price decreased by 17%. Now that was the point that i decided to get into the market. I have checked my beloved indicator the RSI on 30 min and 1h time frame, and find out that it is super bullish. Next, I have invested a major amount into the coin, then wait and observe. The price for some reason made a full resurrection from -17% and currently while i'm writing this, it is around +1,2%. And at this particular level i have sold all of my assets, and now will wait what will happen next. (I am expecting a decrease!)
I really enjoying my large profit, and just try to avoid beeing greedy now and just wait patiently until another opportunity comes to my face, because i want to trade, not to hodl or to wait too much. The volatility of cryptocurrency is only bad and harmful for those people who don't understand the market and don't have the braveness to act.
Share your biggest succes story in trading if you wish, i am more than happy to read. And of course if you have some great idea on a wave we should ride, share it ! :)
Now, i will sit back and relax.
📊#MEME The smiley target area is achieved, chase with caution⚠️🧠From the chart, we can find that this rise was driven by the smiling face bullish structure as a support force, and it successfully broke through the previous high. This means that a large double bottom structure has been established, and then there is a double bottom target area above that is worth looking forward to. Having a target does not mean that you have to enter now, because if you enter now, the stop loss range will be too large and the profit-loss ratio will be unreasonable. And we successfully reached the target area of the smiley face, so a callback is necessary, and there is also heavy resistance here at the previous high.
➡️So, if we can get back near the buy zone and stabilize, then this is one to watch. 👀
Good opportunities are worth sharing, so please remember to like❤️share my analysis posts and channels. 📤
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MEME COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVE NEAR ME !!MEME Coin Next Possible Move Near Me !!
Using major indicators price look overbough on 1D &4H Chart but according to price action its bullish.
• I will look for future short trade when its price reach b/w 0.0465$-0.05$.
• Fundamentally its weak...if you take trade then make sure to set SL First Before entry &Don't use upto 1% fund
MEME ANALYSIS (2H TF)By examining the chart, we can see that a hypothetical diametric is forming. Important areas have been broken that have now turned into support.
To complete wave E we can move up.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MEMEUSDT has left the fibs zone in a bull run. But bewareAs charted since 2 weeks ago, MEMEUSDT bounced around fibs zone, waiting for market sentiments.
That said, do monitor MEMEUSDT's price as BTC approches the 44-46 levels.
Despite the push up on BTC, 44 and 46k levels are strong high timeframe resistance zone. Also, there isn't anything on fundamentals that explains the push logically.
Prepare for liquidity grab.
Memeusdt head and shouldersWe can see price has retraced 61.8% the previous high and has formed a Head and shoulders pattern as depicted with measurements on the chart.
Entry has been taken on and around the 50% retrace.
I expect to see significant movement in ALT coins today if BTC dominance drops as per chart predictions.
MEMEUSDT possible movement till 26.111. MEMEUSDT respected 0.618 of daily fibs
2. MEMEUSDT formed support on 4 hour.
3. Anticipating level-by-level climb within the 4 hour bulllish channel.
4. 1st TP at minor resistance on the left
5. 2nd and final TP before analysis is invalidated, at structure high.
WDYT?
MEMEUSDT - Fibs analysis was right! but....Day Fibs was respected, with the bounce off fibs 0.618.
On the 4 hour, candles broke the trendline as well. However, confirmation for strong push up would be breakout above previous high, at 0.03.
Im expecting a sideways movement with gradual climb up, before a spike (blue curve line).
WDYT?