TradeCityPro | FLOKIUSDT How to Profit from Meme Coins?👋 Welcome to TradeCityPro Channel!
Let’s delve into days where the market might go quiet due to Christmas and New Year, focusing more on educational topics and identifying potential triggers for future movements.
🌐 Overview Bitcoin
Before starting the analysis, let’s, as always, take a quick look at our dear Bitcoin . It seems Bitcoin currently has no intention of letting go of its downward correction, and we are witnessing red candles.
This is natural, as companies are closing their annual financial reports, making capital outflows logical. However, the major whales are still buying.
Bitcoin dominance has finally registered a lower high on the daily time frame. At the same time, Bitcoin dominance is falling as Bitcoin itself prints red candles, indicating that more Bitcoin is being sold in the market. In any case, some money is leaving the crypto market.
📊 Weekly Timeframe
In the weekly time frame, FLOKI, a trending meme coin in the crypto market, started its new primary trend after breaking the significant resistance level of 0.00004027. Following a 580% pump, it formed resistance at 0.0002794.
Currently, this popular meme coin has been fluctuating in its 55% range box for around 300 days, with support at 0.00011068 and resistance at 0.00027948.
If you purchased FLOKI at lower price levels, it’s recommended to withdraw your initial capital and effectively make this coin “free” for yourself while engaging in another project.
If you’ve bought within the range box for any reason, after the weekly candle closes below the 0.00011068 support, it’s suggested to exit the position.
Why I Avoid Buying in the Range Box ? As I’ve previously mentioned, I don’t buy within range boxes. I prefer not to tie up my capital in a coin or market that isn’t yet mature, even though we have capital and risk management strategies. For instance, during these 300 days, I could have invested in coins like SUI instead of FLOKI.
For a new entry into FLOKI, the best trigger is after breaking 0.0002794. Once this level is broken and supported by sufficient trading volume, FLOKI could experience significant growth.
Using Fibonacci retracement from its 2023 lows, FLOKI has already corrected to the 38% level. Upon breaking the top of the range box, it could potentially reach the following targets: - 0.0005055 - 0.0007638 - 0.001289
Unfortunately, there’s a widespread misconception about market cap among many individuals. For example, if a meme coin like FLOKI were to reach the level of Dogecoin or Shiba Inu, its market cap must be taken into account. For instance, if Shiba were to hit $1, its market cap would need to be $90 trillion—an unrealistic scenario, especially when the entire gold market cap is $17 trillion.
This doesn’t mean the prices of such coins will never increase again, but those 10,000% returns are unlikely to return. Coins like FLOKI need to enhance their utility and add more features to achieve significant price growth, instead of being mere jokes or internet trends.
If you’re chasing high returns, avoid coins ranked in the top 100 by market cap. Instead, explore coins ranked closer to 1000, even though they carry higher risks. In your portfolio, you can allocate 5-10% to riskier meme coins. As one friend put it, "A true meme coin can make profits even with $10 :))))))
📝 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! ❤️
Memecoin
Memecoin Mania: Comparative Performance AnalysisAn in-depth visual comparison of the performance of popular memecoins over the last few days. This chart tracks the price movements and volatility of various assets such as FWOGSOL, GIGASOL, PEPEUSD, and more, highlighting the highs and lows of this speculative market segment. Perfect for traders and enthusiasts analyzing trends in the memecoin ecosystem. Which one stands out as the leader, and which ones are lagging behind? Dive into the data and share your insights!
A MemeCoin with 10000X Potential (BTC25)I want to introduce you to a meme coin with immense growth potential. This meme coin was created on the TON network and has managed to prove itself despite the poor performance of other meme coins on this network.
The coin was developed by one of the world's largest mining companies and is expected to achieve significant growth, much like Shiba Inu. Initially, I thought this was just a joke, but I realized that the developer is seriously committed to the project. In the first stage, we will analyze it with a 4-hour timeframe.
Join us on this journey – this meme coin might experience a 10,000% surge during the altseason, which is why I believe it's worth a small $1,000 investment.
Buying this meme coin is very simple:
First, purchase some TON.
Install the Tonkeeper wallet.
Transfer your TON to the wallet.
Use the SWAP section to easily convert your TON into BTC25.
This is not financial advice; I’m simply sharing my personal perspective on this topic.
$SHIBAMy humble View on SHIBA INU
We can agree to disagree, but I’ve conducted my analysis based on the Daily timeframe (TF) down to the 15-minute chart for entry. These two areas (marked by blue lines) are on my watchlist. If the confluences align optimally, I plan to enter a position at these levels. My target is to exit 60–70% of my entry position near the Daily resistance level.
Good luck!
PnutBINANCE:PNUTUSDT
📉 **PNUT Price Update**:
The current price of PNUT is at **0.6830**. If you're watching this coin closely, the **support levels** to keep an eye on are **0.65** and **0.60**. These are key levels where the price could bounce back if it dips. If the price manages to hold above these support levels, we could see the coin continue its upward movement. 🚀
📈 **Resistance Levels**:
If the price does hold at those support levels, the next resistance levels to watch out for are **0.75435** and **0.8453**. These are the price points where selling pressure could increase, potentially slowing or reversing the upward trend. 🔥
⚠️ **Not Financial Advice**:
Just a reminder, this isn't financial advice, so make sure to do your own research and trade wisely! 💡
#crypto #APECOIN - Breakout of downtrend and found support. Buy #Apecoin is looking very similar to #ponke. Given they are both #memecoins makes sense. They both got sold of hard. But now we have a breakout of the downtrend. Apecoin has now flipped resistance into support. It is forming an ugly sort of inverse head and shoulders with weak selling on the right should so now is the time to get long. Again the market is edgy so keep your stops tight.
Price 1.135
Target is 1.38 or possible 22% non leverage returned
Stop Loss 1.09
STO is 33 after touching 5 so surging up.
WIF/USDT: DOUBLE TARGET SETUP - 160% POTENTIAL MOONSHOT
Technical Analysis:
- Current price: 1.917 USDT
- Strong support level forming at trendline confluence
- Significant volume spike indicating potential reversal
Entry Strategy:
✅ Strategic Entry: 1.500 USDT
- Key historical support zone
- Trendline support confluence
- Oversold conditions on multiple timeframes
Target Projections:
🎯 Target 1: 2.930 USDT (95% ROI)
- Major resistance level
- Previous market structure
- Key psychological level
🎯 Target 2: 3.918 USDT (161% ROI)
- All-time high retest zone
- Major fibonacci extension level
- Huge potential reward zone
Risk Management (CRITICAL):
⚠️ Stop Loss: -5% below entry
- Clear invalidation point
- Protected by major support
- 1:19 and 1:32 Risk-Reward ratios
Key Catalysts:
- Major trend line support holding since August
- Volume profile suggesting accumulation
- Multiple timeframe alignment
- Clear market structure for upside
Trading Plan: 🚨
1. Scale in near 1.500 USDT
2. First take-profit at 2.930 (50% position)
3. Trail stops after first target
4. Hold remainder for moonshot target
⚠️ Important Notes:
- High-conviction multi-target setup
- Patience required for entry
- Volume confirmation essential
- Scale-in approach recommended
🔔 Remember:
- DYOR (Do Your Own Research)
- Never risk more than you can afford
- Set proper position sizes
- Follow your trading plan
#Crypto #WIF #TechnicalAnalysis #SpotTrading #CryptoGems #MoonShot 🚀
Would you like me to break down any specific aspect of this analysis further?
NEIRO, might surprise everyone.NEIROUSDT / 1D
Hello Traders, welcome back to another market breakdown.
The meme coins market is showing strong bullish momentum in the current Crypto cycle, breaking through key resistance levels and signaling a potential continuation to the upside. However, instead of jumping in at current levels, I recommend waiting for confirmation into the breakout zone for a more strategic entry.
If the pullback holds and buying confirms, the next leg higher could target:
1- Lower quarter of the range
2- Mid of the range
3- New all-time high
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.
$PEPE update after this huge pump!We love CRYPTOCAP:PEPE —one of the coolest meme coins out there.
This pump was massive and unexpected. However, all indicators are now overheated. While forecasting a meme coin is always tricky (they can be influenced by exchanges or whales playing with the price), the chart is giving us signals.
I expect a correction as those who drove the pump may start selling to free up liquidity for other coins.
If indicators follow through, we’re looking at a correction down to 0.00001000-0.00001400 within the green box, making it a good entry point to capture the second part of altseason in Q1 2025.
With strong support at 0.00001000, it’s unlikely that CRYPTOCAP:PEPE will drop lower this cycle.
**DYOR**
CHILLGUY - Insane trade idea - LONG/BUY SPOTThis trade is too good to not enter. I think it is difficult for it to go down to 0.19, but my stop is tight anyway, as I want to take more profits. Perfect for SPOT or low leverage purchases.
T1: 0.37
T2: 0.56
Stops
a) 0.25
b) 0.23 - 0.24
c) 0.195 (Swing)
PNUT - LONG - Re-entry*This is a re-entry of my other idea. This trade is quite risky so you should not use too much capital. I even think about closing at target 1 if I see a lot of resistance.
Now we do have a better opportunity to enter (see related publications). We are in a good place to resume and make a reentry of the previous trade.
Until it breaks 1.18 or 1.20, it could remain bearish down to 1.0. So, it’s just speculation right now, but my target is 1.38, where I would take a partial profit of 50% or 75%, or close the position if there is a lot of rejection. But I plan to protect it soon, if it breaks 1.14. Still, nothing is certain yet, it remains bearish. So we have to be very careful.
Targets:
T1: 1.38
T2: 1.55
Stops:
0.98 (4 hours)
0.95 (swing/days)
POPCAT - Bullish Reversal - LONG - (Re-entry)We are at an excellent entry point. Little possibility of it reaching 0.88 in the short term. The stop loss is somewhat tight, so be careful. If you want more security, increase the stop by covering up to that point.
T1: 1.27
T2: 1.40
T3: 1.45
T4: 1.60
Stop loss:
1) 0.98
2) 0.88
*This is a re-entry from my last POPCAT idea
"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.
UPDATE {BONK}Hello friends
As we told you before, this coin can ATH by maintaining the specified range.
Now, with the loss of the limit, he was able to hit higher bottoms and if he breaks this triangle, we will go for ATH.
If the market falls, we have identified two other good ranges for you that can be suitable for buying.
Be successful and profitable.
Top Reasons to Buy Simon’s Cat Token Meme CoinWelcome to the purr-fect intersection of memes and crypto: Simon’s Cat Token! As we leap into the end of 2024, digital currencies are evolving faster than ever, and among them stands a true contender that combines humour with investment potential. Imagine a world where your love for adorable feline antics can also lead you toward financial gains—sounds enticing, right?
The daily timeframe is trending up. New daily demand levels are being created and respected. A new imbalance is being created. Watch the video below to learn more about Simon’s Cat Meme Coin projections for 2024 and 2025. Let's see if it drops to the new daily imbalance being created at 0.000044.
WHY - Long - Re-entry - (4-hour timeframe)*This is a re-entry of my other idea. The support is holding up pretty well and I decided to enter again. This trade is quite risky so you should not use too much capital. I even think about closing at target 1 if I see a lot of resistance.
Now we do have a better opportunity to enter (see related publications). We are in a good place to resume and make a reentry of the previous trade.
T1: 0.0000001800
T2: 0.0000001950
T3: 0.0000002100
Simon’s Cat ($CAT) Surged 123% On Binance HODLer Airdrop AlertSimon's Cat ( NYSE:CAT ) token has captured the crypto spotlight with a remarkable 123% surge in value, driven by Binance’s announcement of its inclusion in the HODLer Airdrop program. As the airdrop unfolds, NYSE:CAT has solidified its position as a top contender in the meme coin category, reflecting a mix of robust fundamentals and promising technical indicators.
Binance’s Impact on NYSE:CAT ’s Market Performance
Binance’s HODLer Airdrop initiative is a game-changer for $CAT. The program, which rewards BNB holders with airdrops, has brought significant attention to Simon’s Cat and Pudgy Penguins (PENGU). With NYSE:CAT ’s listing set for December 17, 2024, trading will open against USDT, BNB, FDUSD, and TRY pairs, marking a major milestone for the token. This announcement catalyzed the surge, pushing NYSE:CAT to trade 45% higher within hours of the news.
Key figures:
- Current Market Cap: $416,233,834
- Circulating Supply Upon Listing: 7.89 trillion NYSE:CAT tokens (88% of the maximum supply)
- HODLer Airdrop Rewards: 1.14 trillion NYSE:CAT tokens (12.7% of max supply)
- Daily Trading Volume: $289,201,537 (+452.80% in 24 hours)
The Unique Appeal of Simon’s Cat
Simon's Cat Token is the officially endorsed memecoin of the globally beloved Simon’s Cat brand. Originating from the British animated series created by Simon Tofield, the brand boasts over 1.6 billion views on YouTube and widespread recognition across social media platforms. This strong IP backing gives NYSE:CAT a unique edge in the competitive memecoin space.
Key Features of the Project:
- Web3 Integration: Establishing the Simon’s Cat brand in the blockchain ecosystem.
- Community-Driven: Initiatives aimed at feeding and rescuing cats worldwide.
- Massive Exposure: Leveraging a globally recognized brand to attract a diverse audience.
Technical Analysis
From a technical standpoint, NYSE:CAT is showcasing a bullish trajectory:
- RSI: At 75, indicating an overbought zone but signaling strong market momentum.
- Support Levels: Immediate support lies at the 78.2% Fibonacci retracement level, presenting a potential buy zone during price corrections.
- Price Action: NYSE:CAT recently hit an all-time high of $0.00006562, just 5.78% below its current price. This suggests that the token may reclaim and surpass its ATH soon, particularly with increased market activity.
Despite the RSI being in the overbought territory, the token’s recent 45% gain reflects sustained buying interest. If selling pressure arises, a retracement to the support zone could create another rally opportunity.
Simon's Cat on Binance: A New Era for NYSE:CAT
Binance’s listing is expected to drive further adoption and liquidity for $CAT. However, the rapid increase in circulating supply due to the airdrop could lead to price fluctuations. Traders should approach cautiously and watch for key support levels to maximize gains.
What Lies Ahead for Simon’s Cat?
With its strong brand backing, innovative approach to Web3, and Binance’s support, Simon’s Cat is well-positioned to capture further market attention. The project’s focus on community engagement and real-world initiatives adds to its long-term appeal.
For those looking to enter the memecoin market, NYSE:CAT ’s unique fundamentals and current technical outlook make it a token worth watching. As the Binance listing date approaches, increased trading activity could pave the way for further price rallies, making NYSE:CAT a standout performer in the crypto space.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrency.