MEME/USDT Analysis — Symmetrical Triangle Breakout + Golden Cros
MEME/USDT Analysis — Symmetrical Triangle Breakout + Golden Cross! 🚀
Timeframe: 4H
Exchange: Binance (Perpetual Contract)
Chart Type: Heikin Ashi
📊 Technical Analysis:
A Symmetrical Triangle formation is visible, suggesting a potential strong breakout.
Golden Cross observed: EMA 50 (yellow) is crossing above EMA 200 (red), a strong bullish signal.
Price currently consolidating near the triangle apex — a breakout is expected soon.
⚡ Trading Plan:
📌 Bullish Scenario:
✅ Entry: Above 0.002200 (candle close confirmation)
🎯 Targets: 0.002400 — 0.002600
🛡️ Stop Loss: 0.002041 (below 50% Fibonacci level)
📌 Bearish Scenario:
✅ Entry: Below 0.002041 (candle close confirmation)
🎯 Targets: 0.001887 — 0.001675
🛡️ Stop Loss: 0.002166 (previous consolidation zone)
📰 Fundamental Catalysts:
Market Sentiment: Meme coins seeing increased social media attention (Reddit, Twitter).
Binance Update: Funding rate adjustments may trigger volatility.
Hype Cycle: Growing interest towards MEME tokens as April ends.
📢 Summary:
MEME/USDT is at a critical breakout point with Golden Cross support. Watch for volume confirmation and manage risk properly.
Risk Management is Key! ⚠️
#Crypto #MEME #TradingView #Altcoins #TechnicalAnalysis
Not a financial advise #DYOR
Timeframe: 4H
Exchange: Binance (Perpetual Contract)
Chart Type: Heikin Ashi
📊 Technical Analysis:
A Symmetrical Triangle formation is visible, suggesting a potential strong breakout.
Golden Cross observed: EMA 50 (yellow) is crossing above EMA 200 (red), a strong bullish signal.
Price currently consolidating near the triangle apex — a breakout is expected soon.
⚡ Trading Plan:
📌 Bullish Scenario:
✅ Entry: Above 0.002200 (candle close confirmation)
🎯 Targets: 0.002400 — 0.002600
🛡️ Stop Loss: 0.002041 (below 50% Fibonacci level)
📌 Bearish Scenario:
✅ Entry: Below 0.002041 (candle close confirmation)
🎯 Targets: 0.001887 — 0.001675
🛡️ Stop Loss: 0.002166 (previous consolidation zone)
📰 Fundamental Catalysts:
Market Sentiment: Meme coins seeing increased social media attention (Reddit, Twitter).
Binance Update: Funding rate adjustments may trigger volatility.
Hype Cycle: Growing interest towards MEME tokens as April ends.
📢 Summary:
MEME/USDT is at a critical breakout point with Golden Cross support. Watch for volume confirmation and manage risk properly.
Risk Management is Key! ⚠️
#Crypto #MEME #TradingView #Altcoins #TechnicalAnalysis
Not a financial advise #DYOR
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.