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Economic Cycles

Why WEN Could Reach $0.01: Raise Your Targets Now!In this technical analysis, we break down the reasons and factors suggesting that WEN could reach the coveted value of $0.01. We are on the brink of a bullish supercycle, particularly in the meme cryptocurrency sector, where cat-themed memes are gaining unprecedented relevance, similar to the phenomenon seen with Bonk (dog-themed). It's crucial for everyone involved to reassess and elevate their projections, as we are very close to achieving this milestone. With a projected market cap of $7 billion, the possibility of WEN surpassing the penny threshold is tangible. We cannot ignore the potential price impact if influential figures like Murad mention WEN on platforms like Twitter; such an event could unleash a wave of FOMO so intense it could potentially propel us to an unexpected value of up to a dollar. The community strongly supports WEN, and while its ecosystem benefits are evident, our immediate focus is reaching the penny mark. Dog-themed cryptocurrencies have fallen out of fashion, and capital rotation is heading towards memes with higher FOMO potential, with WEN being one of the most notable. See you on the moon, and remember to wear a helmet, because the WEN cat already has his on! The cat is cute.
Long
by winnerwinnerchickendinnerWIN
2
Hamster Kombat(HMSTR) Analysis==>>Dead Cat Bounce PatternThe Hamster Kombat(HMSTR) project has taken a downward trend after the unsuccessful Airdrop that disappointed many of its users. This bearish movement reminds me of the Dead Cat Bounce Pattern . We can even name this pattern for the BINANCE:HMSTRUSDT token, Dead Hamster Bounce Pattern😂. Why does a Dead Cat Bounce Pattern form? When the price experiences a sharp fall, traders feel that the price has reached the lowest support area and is worth buying. In this area, they start buying, and the price increases with a lot of momentum. But this cat is dead and cannot have a total bounce to go up; it's just a dead cat bounce. In this area, the asset has lost its value, and this bounce occurs only for psychological reasons among traders, and there has been no change in the value of that asset. So the price has no reason to rise. In this bounce, the buyers get extremely hopeful and enter the market, but they need to know that the cat is dead and cannot bounce. The Bearish Flag Continuation Pattern is also clear in the Hamster Kombat(HMSTR) chart. I expect the Hamster Kombat(HMSTR) project to continue its decline and if the project team does not think about their project, it is possible that in the coming months even this project will fall to very low prices and even be removed from some exchanges . Note: If the Hamster Kombat(HMSTR) can break the Resistance zone($0.0054-$0.0050), we can expect Hamster Kombat(HMSTR) to pump at least +15%. Hamster Kombat Analyze (HMSTRUSDT), 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
33
$TOTAL Crypto Market Cap Trying to Breakout - Retail IS ComingOnly thing we’re waiting for is the Crypto Total Market Cap to breakout. Golden Cross on the horizon. That’s why we’ve seen lack of volume in breakouts for CRYPTOCAP:BTC and Alts. Means money is just switching from coin to coin, primarily from Tether in circulation, hence why CRYPTOCAP:USDT.D is going down. CRYPTOCAP:TOTAL breakout will be fueled by retail, which should slowly come in the next couple weeks leading into another round of rate cuts on the 14th, followed by Donald J. Trump being declared the President of the United States the very next day 🇺🇸❤️ YOU'RE NOT BULLISH ENOUGH 🎯
CRYPTOCAP:TOTALLong
by jonnieking
$BTC Closed Outside 250D Range - PREPARE 4 BLAST OFF14 days until the next Rate Cut, and the following day is the Presidential election 🇺🇸 CRYPTOCAP:BTC just closed its Weekly Chart outside a 250 Day accumulation range. You’ll never see $60k Bitcoin again. You should be FULLY deployed by now. Spot Only. NO LEVERAGE. Don’t be a trader. Sit on your hands the next 12 months and just follow the charts for indicators on when to sell and the TL for euphoria. CRYPTOCAP:USDT.D should be your main focus on when to exit the market completely.
Long
by jonnieking
Signal for CAKESignal for CAKE/USDT 🎯 Entry Point (Buy): 📉 1.912 - 1.930 This is the suggested buy range based on support and the ascending channel. Take Profit Targets (TP): 🎯 TP-1: 1.929 🎯 TP-2: 1.952 🎯 TP-3: 1.974 🎯 TP-4: 2.000 Stop Loss (SL): ❌ 1.895 If the price breaks below this level, it's recommended to close the position. 🚀 Summary: The price is in an uptrend inside an ascending channel, and entry at the current support levels could lead to potential profit if the targets are hit. If the support fails, the stop loss will limit the downside risk.
Long
by ahmadarz
GBP/JPY Analysis: Cycle Completed and Expecting PullbackLooking at the 1-hour chart, GBP/JPY has completed a bullish cycle, reaching the key resistance at **196.054**, as indicated by the blue zone. The pair appears to be facing resistance, and I’m now expecting a pullback. 1. **Fibonacci Levels**: The pullback could target critical Fibonacci levels for a potential bounce. The **23.6% (195.537)** retracement level has already seen some action. However, deeper retracements toward **38.2% (195.217)** or even **50% (194.952)** could provide stronger buying opportunities before the next bullish leg. 2. **Support Zones**: There is solid support around **194.750** and **194.300**, which coincides with key Fibonacci levels and previous consolidation areas. These zones could act as strong demand areas, signaling potential entries for the next wave upward. 3. **MACD**: The MACD is showing weakening bullish momentum, which aligns with the anticipated pullback. If the momentum continues to weaken, it further strengthens the case for a short-term corrective move before continuing higher. 4. **Next Move**: I expect the price to dip towards the **50% (194.952)** or **61.8% (194.700)** Fibonacci level for a pullback, followed by a bullish reversal toward **196.054** and possibly beyond, depending on how the market reacts at these key zones. --- This analysis indicates a short-term correction before resuming the overall bullish trend. Monitoring how price interacts with the Fibonacci and support levels will be key for identifying strong entry points.
Long
by AEL_Education
1
Trade Recap: AUDUSD - LONG, 17/10/2024AU Bias Analysis: Price mitigated a 1W FVG and was deeply discounted on the 1D timeframe and although still trading in a counter-trend on the 4H, we saw a displacement higher which formed a 4H bullish order block and established a 1H bullish range. Price protracted lower into EPD and the 1H FVG where I waited for entry confirmation and executed. Grade: Valid What I did well or could've done better: - Executed before market close out of a little bit of FOMO as I was waiting for a meeting to begin. I should've Waited for the 15M candle to close before executing the position. - Regardless of not having a strong conviction in the trade, I executed a position which fit the plan but wasn't picture perfect. - Managed my positions well and closed manually once phase 1 target was achieved.
TVC:DXYLong
by The_Modern_Day_Trader
ARB: best zone🔔 ARBUSDT Signals: 🔴 Sell Signal: Entry: $0.5687 Take Profit 1: $0.5603 Take Profit 2: $0.5529 Take Profit 3: $0.5445 Stop Loss: $0.5768 📉 The price is showing rejection near the $0.5697 resistance level, making it a good spot to short. Look to secure profits gradually at lower levels. 🟢 Buy Signal: Entry: $0.5443 Take Profit 1: $0.5535 Take Profit 2: $0.5612 Take Profit 3: $0.5687 Stop Loss: $0.5310 📈 If the price holds around the buy zone, you can expect a bounce toward higher targets. Ensure your stop loss is set below $0.5310 to manage risk effectively.
by ahmadarz