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🐸 PEPE: From Memes to Charts - Riding the Double Bottom Wave! While PepeCoin (PEPE) originated as a meme coin, my preference generally leans towards fundamental assets. However, the technical landscape of PEPE presents an intriguing picture. Recently forming a double bottom pattern on the daily timeframe, PEPE is now surfing the waves of an ascending channel. Let's dive into the technical details of PEPE's chart. Chart Analysis: PEPE's Charting Charm PEPE, despite its meme origins, stands out on the charts with a clear double bottom formation. This pattern, occurring on the daily timeframe, often signals a potential trend reversal. The current price action unfolds within an ascending channel, a structure that typically suggests a bullish trajectory. Anticipated Move: Ascending Channels and Potential Gains As PEPE rides the waves of its ascending channel, traders keen on technical analysis find the setup quite appealing. The ascending channel, characterized by higher highs and higher lows, suggests a bullish momentum. Traders and investors eye potential gains as PEPE charts its course within this upward trajectory. Trading Strategy: Navigating the Ascending Channel For those considering PEPE, understanding the dynamics of the ascending channel becomes crucial. Identifying entry and exit points within the context of this pattern can enhance trading strategies. Keep an eye on how PEPE interacts with the upper and lower boundaries of the channel for potential trade opportunities. Conclusion: PEPE's Journey Beyond Memes PEPE, originating from meme culture, is carving its path not only in internet humor but also on the charts. The double bottom formation and the current ride within an ascending channel add layers of technical interest. As PEPE enthusiasts and traders navigate this journey, the potential for upward movement invites attention. 🐸 PEPE Analysis | 📈 Riding the Double Bottom | 🚀 Ascending Channel Vibes ❗See related ideas below❗ What are your thoughts on PEPE's charting adventure? Share your insights, strategies, and bullish expectations in the comments! Whether it's memes or charts, PEPE's journey continues with each trading wave.💚 📈🚀💚
Long
by Yaroslav_Krasko
MEME/USDT Potential for Bullish Rally? 👀🚀MEME Analysis 💎 Paradisers, brace yourselves for an intriguing trading opportunity with MEMEUSDT. The asset is currently showing notable activity in the demand zone, suggesting a shift towards an upward trajectory may be underway. 💎 MemeCoin has been following a trading channel pattern with precision. It has breached this channel upwards before, and we expect it to head towards a resistance level, then likely pull back quickly, in line with its historical channel pattern. 💎 There's a considerable chance of a bullish trend beginning from the support level at approximately $0.0235. Now that MEME has successfully broken out of the trading channel in an upward direction, we're looking at a potential resistance target around $0.040. 💎 Timeliness is key for savvy Paradisers. Pinpointing the most advantageous entry points during this upward trend is crucial. It's important to avoid entering at the peak of this movement. 💎 However, remain vigilant, as there is also a risk of MEME dropping below the support level of $0.0208. A decline below this pivotal point could lead to uncertainties regarding the continuation of the upward trend.
Long
by MyCryptoParadise_Simon
1
Pepe Coin Soars As Devs Deposit Over 400 Billion PEPE To BinanceThe developer’s team behind Pepe coin recently added 418.4 billion PEPE tokens worth $0.50 million, as per on-chain analytics firm Spotonchain. As confirmed by the official X account of Pepe, the tokens were sent to Binance-earn to reward users. “We will distribute the reward for participating in the upcoming campaigns,” stated the Pepe community. Notably, the transfer came when the Pepe coin was struggling to break the consolidation phase. Recent Developments in the Pepe Coin Ecosystem Previously, on 24 Oct 2023, the Pepe coin dev team executed a significant burn of PEPE tokens. The team transferred a staggering 6.90 trillion PEPE tokens, equivalent to $7.01 million, to the burn address. According to reports, the team still retains 3.80 trillion PEPE tokens, valued at approximately $4 million. This made PEPE rally over 30% on the same day breaking the resistance and reaching a new monthly high of $0.00000134. Additionally, the monthly update showed that the team sold over 169.8 billion PEPE for $0.20 million on October 27 at $0.000001₅. However, the rally fuelled by burn and enthusiasm cooled down afterward. Pepe Community Celebrates #FREEPEPE Day The enthusiasm not only circles around burns and massive deposits but also a great celebration day. The Pepe community along with famous firms like Ledger celebrates the “free Pepe Day” on Monday. The movement aims to address the three-year-long absence of Pepe, the beloved meme, from the popular GIF-sharing platform GIPHY. Three years ago, GIPHY made the controversial decision to censor and remove Pepe from its extensive GIF directory, leaving a noticeable void for users seeking easily searchable Pepe gifs. “Pepe is Love. Pepe is Art. This censorship is unjustified,” emphasized the community in their statement. The members believe that Pepe, being a globally recognized and cherished meme, should not be subjected to limitations on platforms that celebrate free expression. To support to moment further, hardware wallet manufacturing firm Ledger confirmed that they will soon be launching a limited edition Pepe ledger nano collaborating with one of the Pepe artists. All the positive things in one day made the price jump over 6%. The Pepe coin price correlation with Bitcoin stands at 0.75, which is considered as good. However, the on-chain signals as well as technical signals are both bearish.
Long
by DEXWireNews
SHIB Burn Rate Rockets 1300% As Shiba Inu Price PlungesShiba Inu (SHIB), the self-proclaimed Dogecoin killer, is once again amassing significant attention in the cryptocurrency universe as the SHIB community is continuously burning colossal amounts of tokens, with a significant surge in the last 24 hours on November 17. Subsequently, the Shiba Inu price witnessed an extremely marginal downfall as of writing. Today’s price slump comes despite the SHIB community’s efforts to build up support for their cryptocurrency. However, over the past seven days, the SHIB price portrayed a bullish sentiment in the broader markets as the token witnessed a minimal price surge. SHIB Community Burning Tokens According to recent data unveiled by Shibburn, a platform offering SHIB burning insights, a whopping 105.20 million SHIB tokens were burnt as of today. The aforestated burning of tokens represents a 1327% upswing, gaining significant traction throughout crypto markets. Furthermore, as of writing, the total number of tokens burnt amounted to 410.66 trillion. As per the data offered by Shibburn, two colossal transactions burning significant amounts of SHIB, among many others, caught the eyes of crypto market enthusiasts. An unknown address, 0x75d9df1efe6d860218…, burnt 100 million SHIB approximately 9 hours ago, along with another unknown address, 0x46340b20830761efd3…, burning 1.5 million SHIB approximately 12 hours ago. The massive burning of SHIB tokens comes as a result of the Shiba Inu crypto community putting in efforts to jack up the SHIB tokenomics, inducing scarcity while also uplifting the value of the remaining tokens. Meanwhile, according to ShibariumScan data, the total transactions on the platform are nearing the 4 million mark and stood at 3.95 million.
Long
by DEXWireNews
1
DOGEyyy-Doo, Where Are You🐕Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 DOGE has been overall bearish trading inside the falling red channel and it is currently approaching the lower bound / red trendline. Moreover, the 0.05 - 0.055 is a strong demand zone. 🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green demand and lower red trendline acting as a non-horizontal support. 📚 As per my trading style: As DOGE approaches the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 🔎 From a long-term perspective, for the bulls to take over, we need a break above the last major high around 0.084 highlighted in blue. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
4
Unlock the Memeverse: Entry Point at 0.021179 for $MEME/USDT! 🚀🚀 **Crypto Alert! Meme Coin Special: $MEME/USDT** 🚀 Entry Point: 0.021179 (Consider entering before for optimal results, but the sweet spot is at 0.021179) **Targets:** - Target 1: 0.022122 🚀 - Target 2: 0.023075 🎯 - Target 3: 0.024859 🌟 **Stop Loss:** 0.018630 ⛔ Prepare for the MEME Coin journey! 🚀 This is not just a trade; it's a meme-orable opportunity! Dive in at the specified entry point for maximum potential gains. Keep those targets in sight, but also, manage your risk with the designated stop loss. 🎯💰 Remember, meme trading comes with its own flavor of excitement. Enjoy the ride, and may the memes be ever in your favor! 🌐🚀 #MEMECoin #CryptoAdventure
Long
by Bitxer_PK
5
🌕 SHIB- Will History Repeat Itself? 🌕Shiba Inu (SHIB), a cryptocurrency known for its meme origins, has recently been showing intriguing patterns that remind traders of past market dynamics. In particular, it shares some similarities with FET in terms of liquidity sweeps and significant price pumps. Liquidity Sweeps: A Common Thread The concept of liquidity sweeps is vital in understanding SHIB's price movements. Like FET, SHIB seems to conduct calculated liquidity sweeps by targeting key levels on its chart. This strategic approach involves pushing the price to specific levels, triggering stop-loss orders or encouraging traders to take specific actions. This tactic can set the stage for a notable price pump. 2021 Parallels: A Tale of Breakout and Surge In 2021, SHIB witnessed a turning point, a critical breakout that preceded an explosive price surge. This breakout led to an exponential increase in value, captivating the attention of traders and investors worldwide. The market dynamics of 2021 created a unique environment for SHIB's remarkable growth. Expectations: A Potential for History to Repeat Given the similarities between SHIB's current patterns and its historical breakout, some traders are cautiously optimistic. They anticipate that SHIB may retrace a similar path to past surges. While trading cryptocurrencies can be highly speculative, historical trends often influence market sentiment. Trading Strategy: Proceeding with Caution For traders interested in SHIB, adopting a risk management strategy is paramount. While history may offer insights, it doesn't guarantee future results. The cryptocurrency market remains highly unpredictable. Conclusion: Keeping an Eye on SHIB Shiba Inu has a history that's filled with dramatic market movements. As it follows the path of liquidity sweeps and triggers key levels, traders should remain vigilant. While there's a potential for growth, it's essential to navigate the market with caution and a clear trading plan. 🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis ❗See related ideas below❗ Share your thoughts on Shiba Inu's price action 💚🚀💚
Long
by Yaroslav_Krasko
3
Shiba Inu at Crossroads: What is the Future of the Memecoin? Shiba Inu (SHIB) and other meme coins embarked on a rollercoaster ride in October. The crypto market saw SHIB’s value surge significantly as Bitcoin hit a new milestone at $35,000 before retracing to $34,000. This surge ignited a sense of urgency among investors, leading them to secure their positions in anticipation of the bull run swiftly. However, as November unfolds, the pivotal question looming over the market is whether these gains can maintain momentum. Shiba Inu Recent Price Movement Shiba Inu came close to initiating a fresh recovery phase, aiming to break through the $0.000008 resistance level. However, profit-taking and a potential lack of buyers resulted in a minor pullback. SHIB currently trades at $0.00000779, reflecting a 2.3% dip in the past 24 hours and a 1.1% loss over the last seven days. The meme coin market is known for its rapid and unpredictable price fluctuations. Meanwhile, large volume holders, often called “whales,” have made significant moves in the SHIB market this week. Whale Alert reported a transfer of SHIB tokens worth about $35 million from an unknown wallet to another undisclosed destination. Are the Whales Making Waves? In another development, approximately 4.46 trillion SHIB tokens ($33.9 million) were transferred from the Bitvavo exchange to an unknown wallet. Investors are now pondering the potential price impact of these whale movements. While it’s challenging to predict how these transfers will influence the market, they add an element of intrigue to Shiba Inu’s future. Whale activity can sometimes lead to increased market volatility, so it’s wise to monitor SHIB’s performance closely. Furthermore, well-known trader and analyst Rekt Capital suggests that the bear market is a distant memory, and a full-fledged BTC bull market is on the horizon. This optimism could provide momentum for meme coins like Shiba Inu. Shiba Inu’s remarkable journey in October, along with the broader meme coin movement, has garnered global investor attention. While the meme coin market is characterised by its inherent volatility, it continues to be an exciting space for those seeking high-risk, high-reward opportunities.
COINBASE:SHIBUSDLong
by DEXWireNews
2
DOGE ($DOGE) Coin Price MovementsThe cryptocurrency market continues to recover from the effects of the decline that started with the opening of Wall Street. Bitcoin, which fell below the $35,000 level during the day, was trading at $35,043. Of course, many altcoins were also negatively affected by this situation, but buying has started to increase in the altcoin market as well. So, what’s happening in the Dogecoin market? Let’s take a closer look. The first notable formation in the daily Dogecoin chart is a descending wedge formation. In this pattern that has been ongoing since March, the DOGE price recently squeezed into a tight range after touching the resistance line. This situation, especially at the EMA 200 (red line) level, may indicate a negative scenario for DOGE. The support levels to watch for DOGE are respectively $0.06719, $0.06449, and $0.06163. Although it may be difficult to talk about any negative scenarios below these supports, contact with the support line can be expected with a daily bar closing below the $0.06163 level. The resistance levels to watch for DOGE are respectively $0.06820, $0.07260, and $0.07720. Especially, a daily bar closing above the $0.07260 level will trigger an upward breakout in the descending wedge formation and this will accelerate the rise of DOGE.
BINANCE:DOGEUSDLong
by DEXWireNews
$USDEBT: Indebt Tokenomics $USDEBT, launched in May 2023, represents a unique blend of crypto technology and humor. Created by a global team of blockchain enthusiasts and meme aficionados, this crypto meta-meme takes a satirical stance on the current financial system, with a particular focus on the escalating US debt crisis. Beyond a simple digital asset, $USDEBT is a potent symbol that distills the term "US Debt" into a token emblematic of global financial challenges. The team behind $USDEBT perceives it as more than a cryptocurrency. They envision it as an innovative development in the world of crypto memes, a domain where humor and satire meet technology to instigate meaningful discourse about traditional monetary systems. In line with the decentralization principle of cryptocurrency, $USDEBT seeks to morph liquidity pools into a dynamic platform for meta-memes, bringing about a revolution in the crypto meme landscape. $USDEBT Purpose $USDEBT is more than a mere token – it's a social and financial commentary on global economic systems. Through humor and innovative technology, it aims to drive the evolution of crypto memes and foster constructive discussions on national debt. This unique blend of humor and technology underscores the transformative potential of blockchain. $USDEBT Tokenomics $USDEBT is fundamentally a community-driven project, reflecting the team's commitment to decentralization and transparency. The project's roadmap outlines two phases. The first targets the expansion of the $USDEBT community, listing on major cryptocurrency platforms, and stimulating meme creation around $USDEBT. The second phase involves community consultation to determine future directions for $USDEBT's growth and development. Among the team's proposed ideas are the establishment of a $USDEBT Decentralized Autonomous Organization (DAO) and the creation of a MemeExchange. Further creative endeavors include designing a mascot and formulating the concept of the 'Gang of Six Characters', with the community being the critical sixth member.
Long
by DEXWireNews
My Approach to MEME TradingHi! If you are even little bit interested in Crypto then you probably have noticed all the buzz and excitement around MEME token launch (especially in Crypto Twitter, now X). Looks like they are stealing all the spotlight with their upcoming Binance listing which should happen tomorrow( Nov 3rd). Company behind that token is Memeland, which was founded in June 2022 (same team who started 9GAG back in 2008). Memeland is an independent web3 venture studio. They are really good at marketing and the way how they launched their marketing campaign could be a great case study about creative marketing. But let’s rewind time back to the end of September and see how I approached to that event. And maybe more importantly why? I knew Memeland project way before that – they have quite popular NFT collections. They belong into top 10 NFT projects. I also knew that at some point they will launch their token. At the end of September Memeland’s CEO confirmed in Twitter spaces that token will be launched in October. As I’m not new to Crypto, I knew that there are always a lot of delays with everything related to Crypto. This time my gut told me they are going to do it within that timeframe. So it might be a good idea to buy their NFTs. Because holding those NFTs are basically only way to participate in token pre-sale and every NFT will get an airdrop of MEME tokens. Information about NFTs: • 25% of the total token supply will go to NFT holders. • 20% unlocked at TGE (Token Generation Event) • 80 % locked in NFTs with non-linear unlock I bought some of their NFTs before marketing campaign and my entry timing was quite good. I’d say there was a window of opportunity. Since that value of those NFTs has increased significantly from my entry point and I have already participated in token pre-sale. By selling now I would be in instant profit but that’s not the plan. These NFTs will hold 80% of the tokens so it would be interesting to see the price action of these assets after 1st part of airdrop. Why I decided to participate in MEME pre-sale? So far I have never traded meme coins, it’s not my thing. On the other hand, I’m open-minded and ready for new challenges. This time I decided differently and here's some of the reasons: 1) Financial interest – As a trader I see an opportunity here. I think this token's launch will have a lot of buzz around it. People are tired of long bear market (2 years) where basically nothing happens. This event will create a lot of excitement for crypto community (and remind good old days to some Crypto OGs). 2) Timing – Crypto bear market, nothing happens, no excitement. Market sentiment is low (although it has been improving lately). On the other hand all eyes are on their token launch. Would like to see how this plays out, especially in current market cycle. 3) Token symbol MEME - can you think a better name for a meme coin. 4) Trading education – I’ll probably learn a lot about markets with this launch, no matter what’s the outcome. Now let’s move to the trading plan My thesis is that this token can have its momentum and will fly for some time. In other words, odds are good for price increase. Of course I could be wrong but that’s the way how I’m evaluating that event. At launch I have: • 20% of my NFT airdrop unlocked (80% locked) • 25% of my pre-sale allocation unlocked (75% locked) My plan is to liquidate all my unlocked tokens within first few weeks. If the price is going where I anticipate, it would be wise to lock in some profit. This doesn’t mean this token could not have its value in the future. MEME will play important role in their ecosystem. My trading plan is simple 😊: • Watch price action and make adjustments to my plan if necessary • Scale-out from my position i.e. sell with blocks at different price levels • Market cap - I have created a table with calculations of different prices and market caps so this will help me to set scale-out levels. • Compare it with other popular meme coins • Most recent example is PEPE Thank you and don’t forget to enjoy your trading! Cheers
Long
by Laurentsius
DORK LORD Painted Adam & Eve - Point to Buy?!Hello dear traders! BITGET:DORKLUSDT is making waves on social media, and its price is forming an intriguing pattern that could trigger a significant surge for DORK LORD token. 💙💛. Guys, a simple reaction to this analysis works wonders! It's a free way to show your support and keeps me motivated. 💙💛. The community behind it is not only funny but also backed by influential figures. Check out these entertaining memes: While the community is having a blast, let's focus on trading and investing. Using technical analysis, we can establish a few price targets. The current key resistance level is at 3141. Once the price breaks through, I anticipate a substantial rally to levels around 4000 - 5400 - 7700. Considering the current price is 2300, this presents an excellent opportunity for HODLERS.
MEXC:DORKLUSDTLong
by ArShevelev
1
PEPEUSD Don't get excited. Cautious buy but strong sell at top.Pepe (PEPEUSD) is having an amazing 6 day bullish streak, breaking and closing above both the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line) during that span. This is the bullish leg towards the top (Lower Highs trend-line) of the 5-month Channel Down, so even though we expect it to extend some more, be cautious and get ready to sell at the top. The immediate Target is 0.00000145 and then after a pull-back the 0.786 Fibonacci retracement level at 0.00000160. On the 0.786 Fib be ready to short and target the 1D MA50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:PEPEUSDLong
by TradingShot
3
🔥 PEPE Is Going To Fly: Crazy Potential 🚨In my last PEPE analysis I was looking at this falling wedge pattern and patiently waiting for the break out. Now that BTC has broken bullish, PEPE has followed suit. With PEPE breaking through the 85 resistance (omitting the zero's for clarity), it seems that the breaks are off this token. Apart from the meme potential, this token has been shorted very badly over the last months, making way for a potential short-squeeze. I doubt that we're going back towards the 300-350 area in the near future, but it's certainly a possibility for the next few months, assuming that BTC will not dump on us. For now, the entry has been hit and we're enjoying the ride.
Long
by FieryTrading
5