SNEK/USDT | Breakout Imminent? SNEK's Last Cheap Entry$SNEK is making moves 🚨
If the TA holds, this might be the last time you’ll see SNEK at these levels.
The red box marks the final accumulation zone. RSI momentum is building, and unless market conditions shift dramatically, looks primed for a massive move.
SNEKUSD trade ideas
SNEK: Adapted tools for Regime filtering & SystematisationYou should never rely solely on one tool when trading, think of trading as putting together a jigsaw.
You are looking to form a picture.
The more tools at your disposal allow you to form this jigsaw and make better, more informed decisions.
Understand these concepts:
- Orderflow
- Momentum
- Trend-following
- Volatility
- Time
- Price
Here's the #SNEK SNEK/USDT chart leveraging a few of my tools:
- Momentum (Adapted RSI w/ Multi-Crypto Regime Detection)
- Trend-following (SMA RF)
- Volatility, Time, Momentum, & Trend are packaged in a third strategy with the long/short signals...
Systematising our trading.
Believe in something.
$Hosky and $Snek ... Meme plays for ADA during Midcap Mania?exposure to the largest memes/Nft's in an ecosystem is a way to capitalize on the coming midcap mania
The key is to find ecosystems that have very little competition and a clear main winner that is cheap (so memes on bnb may not be a good choice b/c there are too many to choose from)
view meme as a leverage play on future capital inflows to an ecosystem. but with no liquidation risk other than rug risk.
meme vs NFT is a bit of a judgement call (based on the chain ecosystem).
NFT is good if u can get into the Major #1 collection early .. AND the chain has thriving NFT/Gaming focus (Example Aptos Monkeys on Aptos .. Bad kids on Stargaze)
for most thought the easiest and safest way is to go for the top Meme with strong ecosystem support. if it is backed by a dex or a team even better
and YES institutional money IS using meme as exposure b/c of the marketing and limited risk (no team, no security classification, ability to control liquidity)
can look at SOL / Base /Optimism /other l2's which have launched and laid out the playbook