Attempting a breakoutThe trend of MEME is ranging on higher time frames and bearish on lower time frames. There is a descending trendline that has pushed the price down twice, and now it is trying to break this trendline.
MEMEUSDT trade ideas
MEMEUSD 1DMEME ~ Updated
#MEME What a perfect chart. Don't tell me you missed a trade here. it was only a matter of time until the pump came.
Retest of the resistance zone?The MEME token is currently facing difficulty in surpassing the $0.03238 resistance level. We anticipate a potential retest of this critical resistance zone. It will be crucial to observe whether the price can decisively break above this level.
Furthermore, the established trendline acts as a pivotal support, underpinning the price action and providing a key area for potential rebounds.
MEMEUSD 1DMEME ~ 1D
#MEME Make purchases gradually after breaking through the resistance line of this pattern, or buy if the price returns to the demand zone if possible.
Minimum target 20%+
MEMEUSDT 1D#MEME is trying to break out the triangle to the upside on the daily chart. Currently, it has been rejected from the MA100. But, the structure is bullish for us. Buy some #MEME and hold. The targets are:
$0.03372
$0.03743
$0.04115
$0.04574
$0.05316
You can check the supports on the chart.
MEME/USDT in a Make or Break Position | Positive Signs 👀🚀💎Paradisers, #MEME is gearing up to tackle the descending resistance and we expect a major bullish towards the resistance level above.
💎Once it breaches this resistance level, we'll look for a retest to confirm the breakout, which is essential for validating the bullish momentum. If #Memecoin stabilizes at $0.0222 and continues its upward trajectory, we'll target the next resistance point outlined in our projections.
💎However, if #MEMEUSDT cannot sustain this support and falls back into the channel, it may signal a weakening bullish trend. In that case, the price might descend to the next critical support at $0.0202.
💎Historically, AMEX:MEME has managed robust recoveries from similar levels. If this pattern continues, we can anticipate a strong bounce. Yet, a definitive close below this support would shift our perspective and suggest a shift toward a bearish trend.
MyCryptoParadise
iFeel the success
MEME/USDT It looks promising movement if success break supply!💎 Paradisers, #MEME is indeed displaying promising movements that warrant close attention.
💎 Currently, MEME is encountering a supply area ranging from 0.0313 to 0.0327. In the previous attempt to break above this supply zone, MEME experienced rejection.
💎 If MEME faces rejection again at this supply zone, there's a potential for the price to test the demand area around 0.026. This retracement to the demand area could serve as an opportunity for MEME to gather momentum for another attempt to break out above the supply area.
💎 However, if MEME manages to break above the supply area without a retracement to the demand zone, it could signal significant upward movement, potentially leading to the attainment of our target area.
💎 On the other hand, if MEME fails to bounce off the demand area and even breaks below it, there's a possibility of further downward movement, revisiting the key support area.
💎 Historical data suggests that MEME has bounced when reaching this zone in the past, and a similar scenario might occur if MEME revisits the key support.
💎 Nevertheless, it's essential to closely monitor MEME's price action and its ability to hold above critical support and resistance levels. A breakdown below the support zone, confirmed by a daily candle close below it, would indicate bearish momentum, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
MEME Memecoin MEMELandMEME
Memcoins have seen a significant increase in popularity in recent years. These digital assets, often inspired by internet memes or pop culture references, have caught the attention of crypto-enthusiasts and casual investors alike. The memcoin sector has become one of the most lucrative cryptocurrency trends!
MEME is a project that has caught the attention of the cryptocurrency community. It is designed with a fixed total supply of 69 billion tokens spread across seven major categories. The project has generated significant interest, as evidenced by its successful pre-sale and investment from Binance Labs, which emphasizes the credibility of the MEME token and the broader Memeland project. The Memeland project aims to develop a vibrant social economy by leveraging the power of a well-known brand like 9GAG. Since June 2022, the project has launched three NFT collections including You The Real MVP, The Captainz and The Potatoz, and plans to launch additional elements such as MAO SWAP (DeFi 2.0), MAO GAME and NFT Marketplace on Ethereum. MEMECOIN's distribution strategy is designed to support the longevity of the project and inject sufficient initial liquidity to maintain engagement and momentum in the initial stages. The project has a strong community engagement strategy, which is critical to the success of any memecoin project.
Tokenomics
A total of 69 billion MEME tokens are in circulation. 95.8% of the total number of tokens is allocated to a liquidity pool and 4.20% is reserved in the team's multisig wallet. One of the unique features of Memecoin is that it was created intended for fun and with no promise of financial return.
The MEME token was distributed as follows:
Ecosystem: 30%
Airdrop: 25%
Contributors: 17%
Investors: 12%
Community: 11%
Consultants: 3,00%
Binance Launchpool: 2.00%
Team
The team behind Memecoin (MEME) includes several key members. Ray Chan, Brian Yu and Marco Fung are part of the founding team, which also includes Chric Chan and Derek Chan. They are known for their work in building and running 9GAG, a popular global cross-platform entertainment media network with a mission to make the world a happier place. 9GAG has a significant global audience of 150 million followers across multiple social platforms including Facebook, Instagram and X.
Audit
The project's smart contract audit reports are available on the Cyberscope platform. During the audit, a thorough investigation was carried out to ensure that the flow of funds in the system complies with the specifications and constraints set out in the protocol specifications and that the ERC-20 standard is strictly adhered to. The auditors verified that all transitions between system states occurred within reasonable criteria and that all elementary formulas in the system performed as expected. They also identified an important problem in the token implementation in the Matic system that could have significant implications for the overall integration of Matic. This problem was promptly escalated to the Memecoin team for remediation.
Ecosystem
Memecoin Ecosystem (MEME), developed by Memeland, is an innovative platform that aims to connect creators and communities through the use of non-functioning tokens (NFTs), tokens and various products. The ecosystem includes several NFT collections such as You The Real MVP, The Captainz and Potatoz, which were launched to cater to a wide range of community interests and preferences.
1. You The Real MVP: This collection features unique, limited edition NFTs dedicated to the “most valuable players” in the community. These NFTs serve to recognize and reward community members who have made significant contributions or demonstrated exceptional support for the project.
2- The Captainz: This collection is based on a pirate theme and includes a variety of characters, each with their own unique attributes and backstories. The Captainz NTFs are designed for adventurers and explorers and can be used in a variety of ways in the Memecoin ecosystem, such as participating in exclusive events or gaining access to special features.
3. Potatoz: This collection is inspired by a popular internet meme and features a series of cute and quirky potato characters. Potatoz NFTs are designed for a general audience and can be used to participate in community events or to gain access to exclusive content and features in the Memecoin ecosystem.
Overall, the Memecoin Ecosystem (MEME) is designed to foster a strong and vibrant community of creators and fans, as well as provide a platform for collaboration, innovation and growth. By leveraging the power of NFTs, tokens, and various products, Memecoin aims to create a unique and engaging experience for its users and drive adoption and growth in the cryptocurrency and blockchain space.
Blockchain Analysis
When analyzing the blockchain we should remember that all coins are already unlocked and are “in the hands” of funds. If we pay attention to the transactions in the blockchain, we can see that over the last month, $23.6 million worth of tokens were sent to Memeland's staking! And in total, 77.8% of all coins worth $1.54 billion are in the steaking.
Next, it's worth noting, that who is even buying back coins at market value nowadays?
Binance has been actively buying back large volumes over the past few months, subsequently providing this liquidity to Wintermute to run the exchanges price management software. Currently, it is incredibly easy to manipulate prices as most coins are staked and funds are provided to market maker Wintermute.
Conclusion
Interest and discussion around the potential of various meme coins, including MEME, in the current market is high. There is also a sense of optimism around the future of meme coins, with some expecting them to surpass traditional cryptocurrencies and large capitalization coins. This is a project that has the potential to become a platform for meme enthusiasts, a place where creativity flourishes and humor knows no bounds. Thanks to its innovative approach to creating and sharing memes, as well as its growing popularity through user engagement and community building, Memecoin has every chance of further development.
The project has announced plans to mass issue 17.25 billion AMEX:MEME tokens, representing 25% of the total supply and valued at $17,250,000. This strategic initiative aims to reward holders of Memeland NFTs covering the MVP, Captainz, and Potatoz NFT collections. This is one of the most significant token giveaways in recent times and is part of Memecoin's strategy to engage more deeply with the community, hence this number of holders. Many drop hunters were flagged as Sybil accounts, bots or multi-ackers. After the airdrop, Binance started buying up the project's coins.
Holders of airdrop continue to hold coins, as it was not profitable to withdraw coins due to the price of swap and further withdrawal fees. Hence the large percentage of tokens in the stackbook, which guarantees getting points and tokens.
In general, there is a large audience in the community that can support the project and help it succeed. The team has knowledgeable and skillful professionals who are able to redirect the project in the right direction to succeed. At this stage, the project keeps on completing tasks to get points and tokens, which helps to develop the project and improve its performance.
The chart looks promising for investment with further exit from accumulation and renewal of historical highs.
Best regards EXCAVO
#MEME Unlocking Potential: The Perfect Entry Point for Profits **Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
LONG #MEMEUSDTLONG #MEMEUSDT from $0.028875 stop loss $0.028732
30m TF. The instrument is actively being squeezed in a local uptrend to a clear resistance level, behind which, with many touches, the stops of the participants' shorts have accumulated. The compression of the price lows also confirms the presence of buyers.
I am waiting for consolidation along the level and activity in the glass before continuing the uptrend with a breakdown of the level.
MEME looks bullishMEME appears to be inside a large diagonal which is now at the end of wave D.
The price seems to be preparing for a price jump.
It can move up to maintain the green range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MEMECOIN Looks solid for a Long term hold easy 10x and moreMemecoin (MEME) is the native ecosystem token of Memeland. Memeland is the web3 venture studio by 9GAG, the globally popular meme platform.
Meme Coin FractalHello Traders,
Meme coins often have price action that rhymes with prior price action. On this chart you can see that previously we have an almost identical area of price action at a good buying area for this coin. Fractals can give a potential direction of future price action especially on coins that move due to sentiment like meme coins.
MEME/USDT | 1W 👀Bought into the portfolio for a small amount.
The coin has confidently held onto its main trend support, showing good buying activity.
The key support level has been maintained and left behind, indicating that all factors point to potential continuation of growth after accumulation (or even without it).
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Memecoin. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #MEME #Investment #Memecoin
#MEME/USDT#MEME
The price is moving in a downward channel trend on the 12-hour frame and sticking to it well
After bouncing from a major support area in green at the 0.02000 level
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 0.02000
The first target is 0.03000
The second target is 0.04200
The third goal is 0.05340
MEME/USDT Buying zones For MEME/USDT, there are several buy zones that I expect to see with a possible BTC correction.
MEME has a big potentialI've been watching this coin for long time
and I believe in this won't break the bottom and will make pump
$300 into MEME CoinI think this crypto is going to go up in 11 days for a 20% profit. I did previously buy it before I started swing trading but the fundamentals of this crypto looks really good and if it don't go up buy 20% then it's going to the moon. $60 profit in 11 days.
MEME/USDT Ready to Rebound From Crucial Support? MEME Analysis 💎Paradisers, keep an eye on #MEMEUSDT. It’s etching an epic within a symmetrical triangle. A surge past this pattern could launch us into a bullish journey of monumental profits.
💎If #MemeCoin’s momentum wanes at the triangle’s edge, brace for a valiant rebound from the $0.0329 support—a domain teeming with action and legendary upswings marked by towering green bars.
💎What if it descends past $0.0329? Prepare for a rally from the enchanted $0.0285 realm. Crossing this narrative boundary might signal a turn to a dominion of sellers.
💎Paradisers, remain vigilant and nimble as we navigate the #MEME market’s thrilling plot with strategic finesse and bold resolve.
MyCryptoParadise
iFeel the success🌴
