
PizzaDriver
@t_PizzaDriver
What symbols does the trader recommend buying?
Purchase History
پیام های تریدر
Filter
Signal Type

PizzaDriver

After completing its first cycle TURBO seems to stabilize around the 0.0010-0.0020$ region which marks the last ATH from 2023. What's interesting here is that TURBO follows the DOGE coin pattern levels almost to a T, in speedrun mode. It is absolutely not the same structure but it respects the same trading ranges and shows a lot of similarities, which is quite remarkable.Watch out for this yearly trendline in the TURBO chart and expect some volatility for the next months. Breaking under 0.0010$ could potentially confirm a longer downtrend if we don't see a big impulsive bounce to the upside in the near future.Well, that wick down to 0.00137$ was more than accurate! 🎯

PizzaDriver

Rug pulls... Allegations against creators and influencers creating meme coins powered by Solana... Developers abandoning a project after pocketing investor funds... The monthly transaction fees spend on SOL are at an all-time high... The rise of dissatisfaction of participants looking for quick profits in the Solana casino won't stop...All this overrides every fundamental partnership and achievement of the whole blockchain ecosystem and leaves a sour taste in the crypto community's mouth.More and more people seeking out for longevity: roadmaps, partnerships and active development, and especially third-party code audits regarding red flags in meme coin projects.Big investors and institutions took profit at the double-top and swapped to other blue-chip coins like ETH or BNB which on-chain activity has just risen steadily over the last weeks while becoming the more safer bets for the upcoming bullrun.This dump of SOL is just the beginning of what is to come and it just depends on how fast it's gonna come down.ETH season is starting.

PizzaDriver

Predicting the tops and bottoms of Bitcoin - in a macro sense - is not that easy. But some indicators can give us a clue or kind of sense of caution warning when to exit or enter the market.One of them is the "MVRV Z" indicator. It is a chart indicator that uses blockchain analysis to identify periods where BTC is extremely over or undervalued relative to its "fair value".Historically it has been very effective in identifying periods where market value is moving unusually high above realised value. It also shows when market value is far below realised value, highlighted by the green lines. Buying Bitcoin during these periods has historically produced outsized returns.This chart indicator is generally useful for predicting Bitcoin price at the extremes of market conditions. It is able to forecast where price may need to pull back when the score enters the upper red hot periods and also when price may rally after spending time in the lower green band.Historically it has picked major Bitcoin price highs to within 2 weeks.So far BTC has done a great job holding in the middle value band. It's in the stage of taking the next leap breaking out of it to the upside completing the bullmarket, also referring to past historical breakouts which happenend in similar fashion after a long lasting bearmarket.

PizzaDriver

Considering cycle theories and assuming Altcoins - especially those from 2015-2017 - could be in different corrective phases than Bitcoin, investors could be in a big surprise for the next upcoming months. While Bitcoin is potentially in its last cycle (retail wave 5) before its first major correction, the older Altcoins are still in their wave 2 which results in a long exhaustive ABC phase and often corrects more than 50% of the first impulsive wave which would also coincide with the 1.618 Fib.This would mean that alt-season - for the older big coins - is not here yet. Regarding their meteoric rises after more than 10k% the fundamentals need to catch up to overvalued prices, which takes time.A lot of people are confused and complaining about the "blue chip coins" not going up, especially Cardano, while Market Makers play the long game and suppress Altcoin prices artificially, simply keeping them in a big trading range and in corrective mode till their first cycle ends and the next begins.ADA e.g. shows striking resemblance to NEM (XEM) with a similar corrective structure and sits on long time life support. The more it pokes on it the more it's gonna get dangerous for the next breakdown to the 0.10-0.20$ region.

PizzaDriver

Golden cross on the daily is looming, bull flag is playing out nicely. The stage is set for the big banana zone.Right on.It's starting.

PizzaDriver

After a long year bear market FLOW is gonna enter the stage of massive expansion.I will keep updating every few months how this gonna play out.

PizzaDriver

After four months of sideways accumulation and holding strong above 0,003$ TURBO is poised to face the next leg up. Considering that the Ethereum meme ecosystem is constantly growing and - chartwise - ETH is making higher highs and higher lows over the last two years riding towards new all-time-high this could play out very well in the future.Historically, squeezing Boilinger bands point to a big volatility move after consolidation. Let's see how this play out.Binance and Kucoin listed TURBO today. Well well well... what a coincidence... ;)

PizzaDriver

People are still in denial. 5$ will be the cherry on top.

PizzaDriver

It's decision time. Critical point here. BONK failed to break and close above the upper resistance from the last ATH to pump to fresh new highs.Do we gonna go straight up, sideways to create a strong base or down to major support?tradingview.com/x/o12wnstX/So far, we bouncin'. But every weak pump gets sold off by the Market Maker.Still not out of the woods yet..tradingview.com/x/QZJuMufK/

PizzaDriver

Predicting the tops and bottoms of Bitcoin - in a macro sense - is not that easy. But some indicators can give us a clue or kind of sense of caution warning when to exit or enter the market. One of them is the "MVRV Z" indicator. It is a chart indicator that uses blockchain analysis to identify periods where BTC is extremely over or undervalued relative to its "fair value". Historically it has been very effective in identifying periods where market value is moving unusually high above realised value. It also shows when market value is far below realised value, highlighted by the green lines. Buying Bitcoin during these periods has historically produced outsized returns. This chart indicator is generally useful for predicting Bitcoin price at the extremes of market conditions. It is able to forecast where price may need to pull back when the score enters the upper red hot periods and also when price may rally after spending time in the lower green band. Historically it has picked major Bitcoin price highs to within 2 weeks. So far BTC has done a great job holding in the middle value band. It's in the stage of taking the next leap breaking out of it to the upside completing the bullmarket, also referring to past historical breakouts which happenend in similar fashion after a long lasting bearmarket.
Disclaimer
Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.