Is Tates DADDY Coin a Scam?So, is Tate's SteadyCoin a scam? I don’t know. Honestly, I don’t care. Here are my key levels where I’ll short and buy in heavily. Because, let’s be real, at one cent, what could possibly go wrong?
DADDYUSDT trade ideas
$DADDY forecast (part 1) “LateAtNight on bed looking at charts”"IF" $DADDY is really going to the moon we can expect something like this.
> More than likely we can expect the daily low getting cooked with a wick, but no body closure. (0.04831)
> After the low gets cooked price can trade back into the previous range. (Yes, "can"we don't assume or hope; we trade what we see, not what we think. Based on this being a HTF long-term forecast, anything is possible. I am charting what I see as likely to occur when price approaches these areas.)
(These price tags indicate my personal expectations for possible turn arounds/ targets in price.)
> We want to see price close above the daily fractal high, located at (0.07449) for a potential pullback and then continuation to the upside.
> (0.16529) can have a larger pullback than what l drew, but I can rather see a smaller pullback to then head to the
(0.19585) area and then for price to push back to the (0.12458) “area” and then trade higher. (note: price can go a little bit lower than (0.12458) before trading higher back to those highs, to eventually violate them.
- ChartMarkup done on mobile phone.
August 22nd, 2024
DADDY Tate: Crypto Coin or Influencer Hype? R:R3 (100%profit)Hello everyone,
Lets talk about Daddy Tate (DADDY): Cryptocurrency Built on Andrew Tate's Brand
Daddy Tate, a cryptocurrency (DADDY) tied to internet personalities Andrew Tate and Tristan Tate, has garnered interest due to its association with the controversial figures. Here's a breakdown of the project to help you with technical analysis:
Project Fundamentals
Goal: Daddy Tate aims to educate users about crypto and investing with an "unconventional" approach, promoting financial independence and rapid wealth creation (a claim common in many high-risk crypto ventures).
Tokenomics: Limited information is available on the token's utility beyond its name association with the Tate brothers.
Team: The project team's background and experience are not readily apparent. Scrutinize the team's expertise in crypto and finance before investing.
Technical Analysis Considerations
Price and Market Cap: As of July 12, 2024, DADDY is trading around $0.14 with a market cap of roughly $80 million. This puts it in the lower range of cryptocurrencies by market cap, making it more susceptible to price swings.
Trading Volume: The 24-hour trading volume is around $12 million, which is relatively low. Low volume can indicate lower liquidity, making it harder to enter or exit positions quickly.
Historical Performance: DADDY has experienced significant price fluctuations since its launch. It's crucial to analyze its historical chart to understand its volatility.
Adding this to your technical analysis:
Consider DADDY's correlation with news and social media mentions of Andrew Tate and his ventures. Hype surrounding the Tates could influence price.
Be aware of the potential for pump-and-dump schemes, where the price is artificially inflated before a sudden sell-off.
Important Disclaimer:
This information is for informational purposes only and should not be considered financial advice. Carefully research Daddy Tate and any cryptocurrency before investing. Given the association with a controversial figure and the lack of clear fundamentals, DADDY carries a significant amount of risk.
So, is Daddy Tate destined for crypto stardom or a spectacular flameout? Only time will tell ...
But for now I see interesting setup with Risk:Reward ratio 3 and for potencial 100% profit.
DADDYUSDTWaiting for the price at the previous LH and now we can entry (Set up for buy), we can also confirm that with Harmonic pattern or advanced QML before buy.
To $1 and beyond? DADDY?Yes DADDY is supposed to go up IMO. It's. trash. But trash can still move fast of thrown hard enough. Chart also bottomed it seems.
this is a shit coin, buy a very small amount and walk away. its risky!
NOT FINANCIAL ADVICE - I DONT TRADE CRYPTO
DADDY PriceDADDY coin has reverted from its lowest trajectory support mark of $0.0700 and initiated a reversal in the past trading sessions.
DADDYTATE/USDT: Is This the Breakout You’ve Been Waiting For?In the volatile world of crypto trading, DADDYTATE/USDT has captured attention with its recent price movements and technical setup. As of the latest analysis, the pair is trading around 0.1097 USDT, with significant indicators suggesting a potential shift in momentum. Let’s dissect the current setup and explore possible trading strategies.
The Ichimoku Cloud provides a comprehensive view of potential support and resistance levels along with trend direction. Currently, DADDYTATE/USDT is trading within the cloud, indicating a state of equilibrium between bullish and bearish forces.
Leading Span A (Green Line): Positioned above Leading Span B, this suggests a bullish trend in the making if the price manages to break above the cloud.
Leading Span B (Red Line): This serves as a higher resistance level. A break above 0.1130 could be seen as a strong bullish signal, indicating potential to move higher.
Moving Averages
The interaction of price with various moving averages provides further insights into trend dynamics:
Exponential Moving Averages (10, 20, 50, 100, 200): All major EMAs, particularly the 10 EMA (0.1081) and 20 EMA (0.1028), are positioned below the current price. This alignment is a bullish indicator suggesting that short-term momentum is building up.
Simple Moving Averages (10, 20, 50, 100, 200): Similar to the EMAs, the SMAs are supportive of a potential upward movement, with the 10 SMA (0.1095) and 20 SMA (0.1006) providing immediate support levels.
Relative Strength Index (RSI): Currently at 57.71, the RSI is in the neutral zone but approaching the upper half. This indicates a buildup of buying momentum without yet being overbought, providing room for further upside.
The MACD is slightly positive, suggesting that bullish momentum is gradually increasing. A crossover above the signal line would further validate a buying opportunity.
The Momentum indicator is slightly positive at -0.0093, reinforcing the slight bullish bias observed in other indicators.
Volume has shown a steady increase, which is crucial for confirming the legitimacy of the price movement. An uptick in volume accompanying a breakout from the cloud or a significant resistance level would validate the strength of the trend.
According to the detailed technical analysis, the sentiment is leaning towards a "Buy." Out of the 26 indicators analyzed, 12 suggest a buy, 10 remain neutral, and 4 indicate a sell. This skew towards a buy signal, particularly in the context of moving averages and the MACD, supports a cautiously optimistic view.
Price Action and Pattern
Analyzing the recent candlestick patterns, the price has been consolidating with lower wicks showing buying interest around the current levels. The tight trading range with higher lows suggests a potential accumulation phase before a breakout.
Current News Impact
The latest market news highlights an increased interest in niche crypto projects and the broader adoption of alternative coins like DADDYTATE. Additionally, the overall positive sentiment in the crypto market, driven by recent favorable regulatory news and institutional interest, supports a bullish outlook for DADDYTATE/USDT.
Given the technical setup and the broader market sentiment, a bullish bias seems prudent.
Long Position: Entering a long position around the current price of 0.1097, targeting the resistance at 0.1300 (R1 pivot). A conservative stop-loss can be set just below the Ichimoku cloud support at 0.1000 to manage risk.
Short Position: If the price fails to sustain above the 0.1000 level and breaks below, initiating a short position could be considered, targeting the next support at 0.0800 with a stop-loss above 0.1150 to minimize potential losses.
Price Prediction
Based on the current technical landscape and the momentum indicators, a breakout above 0.1130 could propel DADDYTATE/USDT towards the 0.1300 level, with a medium-term target of 0.1500 if bullish momentum sustains. Conversely, failure to maintain support at 0.1000 could lead to a retest of lower levels around 0.0800.
In summary, while DADDYTATE/USDT presents a compelling case for a potential bullish breakout, traders should remain vigilant for confirmation signals and manage their risk carefully. Happy trading!
