MOODENG - $1B marketcap?
Please note: This is very speculative as moodeng is a brand new memecoin and is very high risk.
Here I have added my dextools chart. None of the tradingview charts for MOODENG are good therefore I choose dextools to chart this particular asset. Simply scroll over the image I have attached to see the chart without the candles overlapping it.
What we can see is a pattern forming on the lower timeframes. Since our run from under $0.01 to over $0.30 we have seen a pullback. This has created a series of lower highs (red circles). Recently, we have seen a breakout of this series of lower highs and also a retest of the old resistance flipped into new support. Price has also been defended by our demand zone between $0.16-$0.18.
My theory is Binance will list MOODENG and will cause the pump to around 11B marketcap. This would send MOODENG from $0.23 to around $1. Of course this is very speculative but finding a "reason" for this memecoin to pump in a big way would be because of a Binance listing. Keep your eyes peeled for that scenario.
Here I have added my dextools chart. None of the tradingview charts for MOODENG are good therefore I choose dextools to chart this particular asset. Simply scroll over the image I have attached to see the chart without the candles overlapping it.
What we can see is a pattern forming on the lower timeframes. Since our run from under $0.01 to over $0.30 we have seen a pullback. This has created a series of lower highs (red circles). Recently, we have seen a breakout of this series of lower highs and also a retest of the old resistance flipped into new support. Price has also been defended by our demand zone between $0.16-$0.18.
My theory is Binance will list MOODENG and will cause the pump to around 11B marketcap. This would send MOODENG from $0.23 to around $1. Of course this is very speculative but finding a "reason" for this memecoin to pump in a big way would be because of a Binance listing. Keep your eyes peeled for that scenario.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.