Turbo/USD 12H bullish trade setupTurbo enters a really interesting demand zone on the 12H.
So I placed my limit buy already slighty above the 200 MA but still in de demand zone.
I aim for a 8% gain
TURBOUSD trade ideas
Turbo The AI Memecoin Presents A Bull Flag PatternThe technical analysis of Turbo's native token is signaling a bullish breakout. A classic bull flag pattern has formed on the charts, suggesting a continuation of the strong upward momentum
This first ever memecoin created by AI. Turbo Token began as a bold experiment in cryptocurrency creation. Inspired by the power of artificial intelligence, the project's founder turned to GPT-4 with a simple challenge: create the next great meme coin.
Turbo/USD | Elliott Wave AnalysisThis chart outlines an advanced Elliott Wave structure within a parallel channel. We've seen the first clear 5-wave impulse move (1-5) followed by corrective waves (A-B-C-D-E), retracing to the golden 0.786 Fib level (E)—an area of strong confluence. 📈
The price continues to respect the channel boundaries, suggesting a high-probability wave 3 extension forming on the local timeframe. The current setup offers potential for significant upside if the channel holds and momentum builds.
Personally im looking for a local peak in the next weeks as (3), and a A-B-C correction before the HTF 3 wave peaks around mid february. Here a am planning to sell to realocate in the summer before the 5th of the 5th ending in september.
Let me know your thoughts below! 💬
TURBO Cup and Handle FormationThe current cup and handle formation on the logarithmic parabolic trend suggests we'll see a distribution and consolidation phase throughout October. After November 5, the handle is expected to meet the parabola. Measuring the depth of the cup projects a price target of 0.045, which aligns with the 0.786 Fib retracement and other confluence zones.
In terms of timing, the handle indicates a breakout around November 14 ±, and we could hit 0.045 within 1-2 months post-breakout.
Other key price targets based on the parabola:
April: 0.146
May: 0.3
June: 0.62
July: 1.325
I'll be watching for a parabola breakdown or BTC.D breakdown to secure significant gains—catching the ultimate top isn't my priority.
$TURBO Cooling Down (Heading Lower)Hello to all Turbomaniacs as you can see MYX:TURBO is cooling down and its very much do for a healthy pullback. I will keep this simple:
Target = $0.0097 - 95
1st DCA opportunity @0.0097 - 95
Will update once target reaches and see if we consolidate in that range or break lower for second target.
Turbo about to go crazy again.. AI memecoin.. one of the strongest memecoins this cycle.. i wouldnt fade this one.. just broke out of trendline.. targeting 8-10x from here.. just listed on binance with rumors of coinbase being next.
nfa
Yellow oscillation range shows an upward trendThe yellow oscillation range shows an upward trend, the white oscillation range breaks through the upward trend and achieves the upward target, and the oscillation range is stratified
Turbo Token's Meteoric RiseLong Position:
Entry Point: Consider entering a long position if the price pulls back to the support level around $0.00383980, showing signs of reversal.
Target: Aim for the first resistance at $0.00461281.
Stop Loss: Set a stop loss below the base line at $0.00356039 to manage risk.
Short Position:
Entry Point: If the price fails to maintain above $0.00418838 and shows bearish reversal signals.
Target: Aim for the previous support level at $0.00383980.
Stop Loss: Set a stop loss above the recent high at $0.00450000.
Risk Management:
Given the overbought RSI and recent sharp rise, traders should exercise caution. Adjusting stop-loss levels and closely monitoring market news will be crucial to navigate the volatility.
Turbo Token (TURBO) exhibits strong bullish signals with the potential for further gains. Traders should look for entry points on pullbacks while keeping an eye on overbought conditions and market news. With well-placed stop-losses and a strategic approach, opportunities for profitable trades are abundant.
Price Prediction: Short-term bullish with a target of $0.00461281, and potentially reaching $0.00621257 in the mid-term.
$TURBO Take Off or Bulltrap? Watching $TURBOs bullish break & re-test of $0.0055, do we break, re-test $0.00684 and continue to ATH's? Or is it a failed break (Bulltrap) 🐂 ⛔️
Let's wait for 0.006840, if a 4 hr candle body closes above 0.006840 then our probabilities for a push to ATHs ($0.00975) will be highly probable, the momentum looks bullish and this move will be great for scalps or day trades to 0.00684 (Long or Short) if 4hr candle body closes below. If you want to long this play please wait for the break & re-test above 0.006840, that will be a bull move to 0.00975
MYX:TURBO is one of my favorite memes, strong, lots of support in the community and it seems that it will melt faces in this bullrun. I will update as i see confirmed price action.
$Turbo Ready for axBreakout?I've been watching closely watching MYX:TURBO and its itching for a bullish breakout but it needs that Bitcoin reversal with some upside. Looks like it may be heating up ♨️ so I wouldnt sleep on it, with a strong catalyst we could see MYX:TURBO fly but it must break & hold with a Daily candle above $0.005510 for a Bullish confirmation. I will remain Neutral until i see a bit more from MYX:TURBO but it looks slightly bullish. I will update as needed. 📈 📉 🤔
Which route for Turbo?Where to next for Turbo toad?
Green: $0.0035-$0.005. Short lived consolidation zone.
White: circa 75% drop from ATH to the 0.786, entirely possible for a meme coin even during a bullish period. Also Turbo has found support near the 0.786 after previous sustained positive moves.
Red: descend at previous bearish angle of descent, and finds support at the logarithmic support line which it has done before (+ confluence with previous ATH region). I think a price drop of 85%, post halving, might be pretty disastrous for momentum, especially with a saturated meme market.
Blue: confluence between log support trend-line and 0.786. It has done this before (at least near to support line), but this would be very protracted move in this occasion.
All potential hypothetical DCA zones (i'm happy with my bag and wont be buying more),with increasing buy-ins as price descends, however I would be cautious if red plays out.
$TURBO Watching (Bounce or Break Below) ?Watching MYX:TURBO on 4hr TF 👀, if we hold a Daily close on $0.00538 we may look for the bounce back to ATHs, if we break below the $0.00538 📉 then expect a target to the previous support of $0.003500 📍
Next update after directional confirmation ?↘️↗️🧐
Turbo, are we due a big drop and consolidation?At the moment, space is the limit for Turbo, with the little astronautical toad taking the meme world by storm. I bought Turbo through late January, resulting in an average cost basis of $0.00028. Today I took some nice profits (after all it's a meme coin) when it hit roughly 30x... however I am keeping 60% of my bag in the hopes that it could go even further in the bull run. It certainly looks like a $0.10 token, especially with it massively out-performing the market for almost an entire month. Some commentators looking at meme performance in the last cycle think $1 is easily achievable for Turbo, representing roughly a 100x from here. This my not be that ridiculous if we start to see Tier 1 exchanges listing the coin (although expect a big post-listing dump first).
It looks like we may be due a correction for now, after a massive parabolic movement and with it being overbought for a while on multiple time frames (although on the weekly it hasn't crossed over yet on the stochastic). Long-term, it may be healthy if we do. With it being very over-stretched, it may come down rapidly or it could take around two months to make a deep retracement to the 0.786, which seems to be the pattern in previous bullish movements. It is also important to note that Turbo is a unique meme coin, with a very small supply, a doxxed creator and an impressive fair launch compared to many tokens. This may mean the price action could be relatively unique and organic. Therefore, it may just keep pumping past 0.01, in the absence of centralisation (beyond the creator) and market makers.
$TURBO Looking Strong MYX:TURBO showing very strong momentum to the upside with supportive volume coming in. Daily & Weekly timeframe still shows potential for more upside 📈🤯
I would NOT chase at this as it has had a strong run up in the 24 - 48 hours with a current resistance at $0.00935, wait for 4hr to break above its current resistance with a 4hr candle closing above for confirmation and re-entry. I will update as we move along, thanks for following 🤑
MYX:TURBO On ETH Chain
$TURBO Token - Breakout incoming?!1. Price Trends : Over the past 24 hours, the OKX:TURBOUSDT Token has seen a significant price increase of > 25%. This suggests a strong bullish sentiment in the short term. Over the last week, the price has risen by > 45%, indicating a positive trend over the past few days.
2. Trading Volume : The 24-hour trading volume for OKX:TURBOUSDT is > $30 Million USD, which is a healthy volume that reflects active trading interest in the token.
3. Market Cap : The market capitalization of OKX:TURBOUSDT is > $100 Million USD. This places OKX:TURBOUSDT at a relatively lower market cap compared to some other tokens, potentially indicating room for growth.
5. Community and Sentiment : The OKX:TURBOUSDT community seems to be quite active and bullish on the token's prospects. Tweets and discussions about MYX:TURBO often mention its potential for growth and the strong community backing it.
In conclusion, the OKX:TURBOUSDT Token has shown significant price appreciation in the short term and has a relatively low market cap, which could indicate potential for growth.
