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DOGE - Make Or Break Zone 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After breaking above 0.08 resistance , DOGE traded higher in an aggressive manner to find resistance around 0.1 0.1 is a previous support turned resistance and a strong round number. 🏹 For the bulls to take over from a long-term perspective, we need a daily close above 0.107 In this case, a movement till the next resistance 0.13 would be expected. Meanwhile, the 0.1 - 0.107 zone is still acting as a resistance and the bears can still kick in (by breaking the last low from H1) In this case, a movement till the 0.08 support / demand would be expected where we will be looking for new short-term buy setups. Which scenario do you think is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
17
DOGE Long-Term View 🔎 Analysis #24/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. DOGE has been been overall bearish trading inside the red falling channel . 🏹 For the bulls to take over long-term , we need a break above the upper red trendline and 0.09 resistance. Meanwhile, as we approach the blue support or green demand again, we will be looking for short-term buy setups 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
2
Floki at Max Momentum Ready For 200% ?Floki crypto is a relatively new meme that has gained popularity in recent months may be ready for another significant price move. Recent price action of Floki has been producing perfect curvature to the upside as it once again tests this curve it appears to be entering into a max bullish phase that may have significant upside. However, it's important to remember that cryptocurrency markets are highly volatile, especially meme coins and subject to various factors that can impact prices as fast as elon can tweet. Failure to respond in the same momentum curve can just as easily lead to a massive sell off. Current target is an additional 200%
Long
by Degen-Dynasty
4
Gme looking good Some people have been worried about NYSE:GME and if the cycles were dead. Good news gme looks to still be on the cycle. Bad news Nov opex was in November. Shocked Pickachu face. After falling from the August run up gme stayed flat (1) while other meme stocks like NYSE:AMC and NASDAQ:TSLA fell (2). Because gme didn't get shorted it had a weak barely noticeable Nov Opex. however, as you can see other meme stocks did have a Nov opex (and you can even see gme did too albeit a small one). No shorting no opex. This may be disappointing for people still waiting for it. Good news however is after Nov opex all the meme stocks got shorted (3) and we seem to in the middle of bouncing from that (4). In short gme was dead sept 7th -dec 7th but now appears to be back on track. Gamestop correlates strongly with inverse VIX. Correlation broke on Oct 31st 2022 for some reason and restored Jan 6th 2023.I believe we may be playing out the Vix movement from Oct 31st onwards delayed. VIX has gone down since then so we should go up.Vix has kept its trend and should go lower today and Gme should pop today. I believe we may be playing out delayed price action from when correlation broke (labeled with a 4) Would like to see a 10% up day and to break 24 today. Other meme stocks have rebounded to the price level they were at before they got shorted down. I expect gme to eventually get back to $25-$27. Depending on optiion interest that could cause a large run up past that. Also, ftd's have started on gme again stocksera.pythonanywhere.com and are due in febuary further helping gme. all in all, it's been a rough several months, but everything is looking really good for a run on gme soon.
NYSE:GMELong
by J2DP
3
$GME Meme Basket: No ideaEnjoy the new GME basket. One stock was removed and was replaced with MARA a couple of weeks ago. I would've added APE as -APE in the formula that makes this basket, but Tradingview only allows up to 10 symbols to be combined into 1 ticker and APE is the 11'th ticker in this so... Down to business, i have literally no clue what's going to happen. imgur.com Data says big downs, looks legit in my opinion. I have some reservations on what's going to happen so i'm keeping my eyes peeled. In other news, FINV and GRAB are no longer in the data i'm receiving as of yesterday. No reason at all. I contacted TheOCC to see what's up with that. Funnily enough, GRAB is IN the GME meme basket whilst another ticker called FIVN (Five9) is also in the basket whereas they removed GRAB and FINV(Finvolution). All timed perfectly with this auction error on open yesterday, all also timed perfectly well with when all of Opex Friday's volume was supposed to hit the tape yesterday but instead we got multiple chained glitches instead. That being said, i have no idea where the market wants to move. TQQQ and QQQ are making huge moves in one direction whilst SPY is making big moves in the opposite direction. This flip happened before in Oct - December 2022 and now seems to be happenining again. I don't know what it means yet. I have no idea the direction we'll be taking. I need more data and more time. There's too many scenarios that could happen and it's impossible to pick the right one right now. We could start seeing volume on Friday due to yesterday's big OPEX volume having been FTD'd, we could see volume today from Monday's T+2 share settlement from option settlement... We could see T+3 share settlement or T+6 settlement into next week's Tuesday. We could see a move in around 33 days from now... it could be anything... So for now, i have no idea. Guesstimate: Don't trade based on this. I think we'll have a short period of neutral trading as the flip between going short on one pair of Indices (TQQQ,QQQ) happens and shorts cover on SPY. Then we'll have a decent move up and then another move down. No idea about timeframes yet. This one is difficult to quantify. Obviously sideways for the market means downwards for GME, so... yeah.
NASDAQ:COIN
by leenixusu
8
GME Potential for Bearish Drop | 27th January 2023Looking at the H4 chart, my overall bias for GME is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 18.85 to form the retail double top pattern. Stop loss will be at 22.47, where the recent high is. Take profit will be at 15.43, where the previous swing low is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NYSE:GMEShort
by Rockqet
1
Where is BTC headed following the latest pump?In this post i will be discussing the potential next move for Bitcoin after today's pump. Using the Fibonacci retracement tool, we can identify key levels where the price could potentially retrace. By drawing the tool from the bottom of the move to the top, we can see that the price could retrace to the fibonacci gold zone between $21,867 and $21,647. This area is crucial as it's almost a guarantee that if the price rejects off of this area, it will hit the first price target of $23,512. The second and third price targets are $23,512 and $23,952 respectively. Finally, a riskier take profit would be $25,815. It will be interesting to see if the price will follow this Fibonacci retracement pattern and reach these targets. What do you think? Like and comment to let me know what’s your take. Also, VERY IMPORTANT! s3.tradingview.com Follow the arrows... Thank y’all *Note: This post was generated by ChatGPT (Generative Pre-trained Transformer) with my input.
BLong
by Robin_Nakamoto
Are rabbits the new dogs ? LTRBT/USDThis has had a good week, and this being the year of the rabbit its got good meme potential right now. i think its possible we get some kind of cup and handle pattern forming at the previous high and then a big move up, its been around a while , i think it started out as spunk bunny or something and pumped on an Elon Musk tweet, since then theres been a migration and this is the first decent move its made since then, worth keeping an eye on and maybe try to snag a small bag if it makes a cup handle . really you'd want to see the handle stay in the top third of the cup
LLong
by Spocks-Beard
2