Memecoin
BONK - Trade setupTechically speaking, BONK is one of the most bullish charts I am looking at, again just my persepctive. We are close to all time highs, and memecoins continue to be leading the market when Bitcoin recovers. We’ve see PEPE be a big winner this week as well.
Below are some thoughts on BONK using Fibonacci analysis.
Bullish scenario
BONK needs to get above the 0.618 ‘golden-ratio’ fib for this technical setup to be valid to begin with. From there the next targets is the previous high, the 1.212 fib and the 1.618 fib. From current prices, the upper target is an ~100% move.
Bearish scenario
A breakdown from here and making a new local low would be a bearish move, that could take some time to recover in my opinion.
🔥 BONK On A Run: New Highs Soon!In my last BONK analysis I discussed the bull-flag pattern and the expected reversal from the support. The trade was a great success, congratulations!
Since we broke through the resistance on high volume, I'm expecting that BONK will make a move towards the 5000 area (March top).
If BTC manages to make a new all-time high in the near future it can mean that BONK can see much more gains from this point.
DOGE W pattern *** LOG target of 50 cents!***Massive Qudos to Doge
It's a meme & crypto alt coin unicorn
It birthed an entire industry
So and one of the very handful of coins that can make new highs versus BTC
That is quite incredible.
here we have a lovely W pattern
with some nice targets for it
We will assess once these are made for further upside.
#Memes
#memecoins
#Dogcoins
🔥 HONK: New Memecoin On The Block - You're still early!Memecoins like PEPE, Bonk, Floki etc. have been performing extremely well over the last few months. Their usecase is debatable, but does that really matter when a token rises 1,000%?
Where most memecoins have already seen a massive upwards move, HONK has seemingly just started after it rose over 150% over the last two days.
With a marketcap of around 5 million, this token can see some very decent upside if more investors start looking at it. Seeing that Bonk has a 3B marketcap, I don't see why Honk couldn't get to 1B at least.
A 20x is far-fetched, but we all know that everything is possible in bullish conditions. Seeing this signals' risk-reward is over 35, a small investment (with an even smaller loss) can result in a potentially massive gain.
🐸PEPE🐸 is Ready to Correct 🚨➖40%🚨✅As I expected in the previous post , PEPE was corrected by more than ➖50% .
🌊According to the theory of Elliott waves , PEPE is completing the main wave 5 , and most likely, wave 5 is a truncation type .
📚 A truncation is the fifth wave in an impulsive pattern that fails to exceed the price extreme of the third wave. It suggests underlying strength or weakness and an impending market reversal.(A truncation often occurs following a particularly strong third wave)
🔔I expect PEPE to drop to at least the Support line after breaking the Uptrend line (➖40%).
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
PEPE Analyze (PEPEUSDT), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
PEPE, LillyPad going to hold? Elliott wave Price ActionIf you find this information inspiring/helpful, please consider a boost and follow!
CRYPTOCAP:PEPE following the path I laid out.
Not its at a discission area in my opinion.
If it can hold this level I am thinking it will give another bounce.
IF it breaks below the level I will be watching to see if the level plays again as resistance.
BONK/USDT LOOKS READY FOR A 100% PUMP!!Hey everyone! If you find this analysis valuable, please consider giving it a thumbs up and following for more content.
BONK is forming a potential inverse head and shoulders pattern. A confirmed breakout above the neckline could signal a significant price increase.
Here's what to watch for:
Breakout Confirmation: A candle close above the neckline strengthens the bullish case.
Volume: Higher trading volume on the breakout can increase confidence in the signal.
Possible Entry & Targets :
Entry: $0.025-$0.028
Potential Targets: $0.034, $0.042, $0.048, $0.060
Stop-Loss: $0.022 (Consider risk management strategies and set a stop-loss that suits your risk tolerance.)
Let's discuss it!
What are your thoughts on BONK's current price action? Share your analysis in the comments below!
$WEN on $SOL. Possible bottomAppears NASDAQ:WEN may have double bottomed at the .786 retrace of the entire 1-5 wave count.
Accumulating between .00015-.0002
This is an accumulate and HODL. Spot only. Small size, this type of token should only be purchased with funds you are absolutely willing to lose a large % of.
This is key. It will make it it a lot easier to HODL no matter what.
The goal is to hodl until it pumps, period.
Will update upon pump
small size, spot, patience
😉 goodluck
$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.
[FLOKIUSDT] - NEW ATH SOON!Breaking out many important resistance in daily chart:
- the descending channel , 50 ema ..
now extremly bullish and trading above 0.618 fib (golden level)
floki now top gainer in binance.
closing above the 0.618 meaning a new ATH is coming!
appreciating for supportingus with ur "like" and hit "follow" for more ideas🎯
priceaction analysiswait
wait
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📊Analysis by AhmadArz:
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The Power of Retail Investors ---- PEPEIn the past two days, the U.S. stock GameStop has experienced another obvious pump again after three years. Roaring Kitty, a representative of retail investors, posted on X after three years of silence. The follow-up of retail investors caused the stock price to rise. At the same time, meme coin GME, Kitty, etc. also had pumps.
Due to its poor performance, GameStop continues to be shorted by large asset management companies, and its value is separated from its business support. Three years ago, financial institutions restricted long positions on GameStop, which caused strong dissatisfaction among retail investors and led to a short squeeze phenomenon. Whether it is from the current value of GamStock or the type of holders, it can be described as a meme stock.
Fair is the biggest consensus of meme coin. This is why this stock market event spread and affected the crypto market. This is the power of retail investors. Meme coins have seen a significant rise in the past two days. In addition to the eponymous tokens GME and KITTY, the highly decentralized PEPE has also seen a significant increase.
We have analyzed PEPE before and gave a BUY signal on February 23 through the TSB indicator, believing that PEPE is about to rise. On May 2, after the TSB indicator once again prompted a BUY signal, PEPE began to rise again. Currently PEPE is refreshing its ATH. We can see the formation of long green candles over the past two days, accompanied by increased trading volume. The bullish trend is healthy.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
PEPE jump and hold? Elliott wave If you find this information inspiring/helpful, please consider a boost and follow!
All about the level.
It looks like a 3 wave move down, and up, atm.
Could count it to fit so other sideways variants.
But this would be the most dramatic.
All depends on if this is a Liq grab or continuation.
Meme Coin FractalHello Traders,
Meme coins often have price action that rhymes with prior price action. On this chart you can see that previously we have an almost identical area of price action at a good buying area for this coin. Fractals can give a potential direction of future price action especially on coins that move due to sentiment like meme coins.
POOR PLEB can RECOVER. Set for a 5X rally#PP in #ETH terms is down massively
Either you believe this cute community memecoin is dead and should not be touched
Or you are quite interested at picking up this coin which stars on it's own #DEX for pennies on the ethereum dollar
You can also use Poorpleb to earn yield on 9inch . io Dex whilst you wait for it's recovery and the true altcoin bull market.
Mr Hexy Bastard also has just released a cute film on Youtube the "The Lowest of Stakes"
If you want to do your own research maybe check it out.