Day timeframe support is broken, high volume and decorrelation with BTC makes it a good long for MEME. Buy now, take 50% profit. Follow me for more signals
Memeusdt has experienced a breakdown of the rising wedge, with the price potentially forming a bearish SHS pattern.
The recommended approach is to consider short positions below the neckline and target the strong accumulation area, represented by the external demand zone.
It is important to closely monitor the price movement towards the weak support level, as...
Looks like an A and B wave is over. Now the price is trying to enter the bullish wave C.
Also, MEME has reclaimed an important area. By maintaining the Flip area, it can move towards the targets.
The targets are clear on the picture.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop...
MEMEUSDT is the trading pair for Memecoin (MEME) and Tether (USDT) stablecoin on cryptocurrency exchanges.
MEME is the native token of Memeland, the web3 venture studio by 9GAG, a popular meme platform.
Current Price:
~$0.0232 (as of February 11, 2024)
Market cap: ~$226 million (MEME token, not applicable for trading pairs)
Recent News:
MEMEUSDT trading launched...
4h time frame
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MEME is breaking the horizontal resistance with a bottom structure and correcting so far, the support at 0.029 is critical for MEME to create a triangle that is also a potential continuation structure. The critical support is made from structure and 0.5 Fibonacci Projection, that provide an opportunity to set a long trading plan.
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TP: 0.047
SL: 0.027
💎MEME has recently displayed noteworthy market dynamics, as it approaches a key resistance area. A breakout above this area could indicate bullish momentum, potentially leading the price toward our target area.
💎 However, if MEME fails to break above this resistance and faces rejection, there is a possibility of the price declining and heading toward the demand...
AMEX:MEME
UPDATE
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about MEME
AMEX:MEME has breaked the main Falling Wedge Pattern. And this is almost ready for a good bullish wave. In this move we can see gain upto 60%+ soon.✍
#MEMEBTC #MEMEUSDT #MEME #MEMEBNB #CRYPTO #BNB
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about MEME.
MEME has breaked the main Falling Wedge Pattern and getting ready for a good Bullish wave. We can see gain upto 60%+✍
I love this meme, the Binance launchpool meme coin. It should pump from here, the floor is holding pretty nicely. Also, there is a great indicator called "Sentiment in crypto Twitter". I see no one is posting crazy pnls and ROIs. Everyone disappeared. That is the bottom.
The FWG plus market sentiment and long-short ratio indicates there is a high chance of a sharp reversal from 0.025 or 0.027 area.
Time will tell
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#memeusdt is on daily support, if it breaks its support 1, it will go down till support 2. Otherwise, you can take enter for long on 0.025102, and stop loss would be on 0.023600.
A detailed overview is mentioned on the chart.
Price retest the neckline of this invert H&D .
If BTC stay above 40000$, I believe it's very possible to reach the target .
Stay safe , use SL , good luck
💎Paradisers, turn your focus to #MEMEUSDT, as it's currently demonstrating promising signs of a major move from a critical demand level.
💎#Memecoin is on an upward trajectory, hinting at a potential bullish breakout from its current demand zone. It's expected to retest the demand level at $0.0206 before pursuing further upward movement. If #MEME can maintain its...
