TURBOUSDT.P trade ideas
Turbo growth of "only" +15000% in a year!Another memecoin that has shown some unrealistic +15,000% growth in a year.
And what's most interesting is that OKX:TURBOUSDT could be bought on exchanges on spot last autumn and just holding)
Now the project's capitalization is “only” $400 million, and all issued coins are in circulation on the market.
This is not a trading recommendation at all, but what do you think?
😱 Is it possible to work out the blue scenario and x8 growth from $0.005 to $0.04 ?
TURBOUSDT Possible to Hit New ATH SoonTURBOUSDT technical analysis update
TURBO price surged almost 50% after the flag pattern breakout. Now, the price is moving towards the previous ATH resistance. We can expect the price to hit a new ATH in a few weeks. After reaching a new ATH, we can anticipate continued bullish momentum in TURBO.
Regards
Hexa
TURBOUSDT Bullish Flag!TURBOUSDT technical analysis update
TURBOUSDT has formed a bullish flag pattern, with the price moving towards a breakout at the flag's resistance. TURBO has formed similar bullish flag patterns in the past, resulting in significant price movements: a 300% increase after the first flag breakout and a 1400% increase after the second flag breakout. This time, I expect a 200-300% move following the breakout.
Buy zone : Below $0.00420
Stop loss : $0.00290
Regards
Hexa
Turbo how much price can increase TURBO / USDT
This meme coin is showing very strong bullish movement since market bottom at October 2023
(Already More than 100X)
We can see also price just broke out flag pattern.., In previous 2 breakouts the price made massive growth
Can we see another strong wave here ?
Note: this token shows strong fluctuations
Will TURBO repeat the history once again?What if @TurboToadToken repeats the same move once again?
On the 6th of May 2024, #TURBO broke above the bull flag pattern and made a parabolic rally of 1380%.
We can see another bull flag pattern and a potential breakout.
What do you think about it? Let me know in the comments.
#TurboFam #cryptocurrency
Turbo preparing for more upwards move but there will be pain!Turbo's price action is currently in what looks like a level 1 move, however this could be invalidated if the equal DAILY lows are taken out by a liquidity sweep.
However that should be short lived as there is significant resistance in the form of an FVG and Gap in the 'Discount' zone, below the 0.50 Fibo, as we are still in a Bullish Trend with current DAILY and WEEKLY EMA in a bullish cross.
The painful areas could be anywhere between the Gaps (0.004970 ~ 0.0040016) or even as low as (0.0034710 ~ 0.0029715). However in my opinion price action won't breach the 0.004000 value, unless with a fast wick to the down side before reversing.
The bullish targets are the Equal Highs (where liquidity is lurking) as well as the previous High where additional liquidity is lurking in the form of bearish stops on the futures markets.
All in all, based on my analysis, is that Turbo will continue to surge forward, at least to a target of anywhere between 0.01 to 0.10 cents, even possibly higher, based on market sentiment and interest in this token, which I must add is based in Real Art with a very interesting background story of how it was created, with the assistance of both a strong community and Chat GPT AI.
TURBO/USDT LOOKS READY FOR AN ATH!!Hey everyone!
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TURBO looks very good in the daily time frame. Breaking out from the descending triangle pattern and a retest is also done. Now, it looks ready for a big pump. Buy some here and add more in the dip.
Entry range:- $0.0036-$0.0042
Targets:- $0.00495/$0.0067/$0.0082/$0.0095
SL:- $0.0030
What are your thoughts on TURBO's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Crypto has no love for you my friend....... Crypto has no love for you my friend, she will chew you up and spit you out on the floor and laugh. You think you know her ? You don't. She will looking lovingly to the right at you, and then move quickly to the left, leaving you standing there with you pants down around you ankles as she laughs. You think you will get rich with her. You won't. She will drain you of your money and then leave you laying on the floor after she has kicked you in the groin several times, only to move on to her next lover. She sleeps only with one, and that is the Devil.
Go ahead, invest heavily in this one. She will turn around soon and then take you to the moon for your honeymoon. Of course she will, you will dream of your trip with her, but did she tell you, there is no air on the moon. Why is she laughing ?
Right now she is hungry my friend, very hungry and she lusts for only one thing and that is your liquidity and she will not be denied. Tonight deep in the forest we shall hear your screams and know this to be true.
Good night.
TURBOUSDT - Time for a Retracement (SHORT)Hey Turbo traders! Turbo experienced a rapid surge within a single day and now it's time to analyze the next potential moves. Let's dive into the latest price action and what to expect next.
Surge and Retest
Rapid Surge: Turbo surged dramatically within one day, showcasing impressive bullish momentum.
Retest of mOpen: After the surge, the price retested the mOpen, a key area of interest.
Formation of a Head and Shoulders Pattern
Head and Shoulders Pattern: It looks like Turbo is forming a Head and Shoulders pattern, a classic bearish reversal signal.
Right Shoulder Formation: Now, we need to cool down and form the right shoulder of this pattern.
Key Levels and Trading Strategy
1.) Short Trade Setup:
Entry Point: We placed a short trade at the monthly open (mOpen) as it presents a great risk-to-reward (R:R ratio)
Target Profit (TP): The TP for this short trade is the Fibonacci 0.382 level, around $0.0042. This level also coincides with a previous daily support level, making it a significant target.
2.) Support Area:
Fib 0.382 Level: This level is where we expect the price to retrace and find support.
3.) Monitoring Volume and Price Action:
Volume Trends: Monitor the volume closely. Decreasing volume during the retracement would support the formation of the right shoulder.
Price Action: Watch for bullish signals and price action patterns that indicate a potential long trade opportunity after closing the short.
Strategy: Executing the Short and Preparing for the Next Move
Executing the Short: Enter the short trade at the monthly open with a TP at the Fib 0.382 level around $0.0042.
Potential Long Trade: If we see bullish confirmation at the support area, it might be a good opportunity to open a new long trade. Keep an eye on the volume and price action for entry signals.
What are your thoughts on this analysis? Are you in on the short trade and preparing for a long entry? Share your insights below!
Alikze »» TURBO | 4H descending channel🔍 Technical analysis: Moving in the descending channel
- The daily frame time is moving in an upstream channel.
- But in the 4H frame time, there is a corrective form that is moving within a downtrend.
- This correction can first touch the range of 0.003052 if it is below the supply area and can extend this correction to the middle of the channel if continued.
💎 Alternative scenario: Also, if it can break the 0.0061 area, it could form an upward flag pattern that can continue the uptrend and continue its growth channel as much as the channel supply.
If the behavior and structure of the post will be updated, it will be updated.
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TURBO LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
Turbo chart - where next?Hello, this is a chart for Turbo inspired by Da Vinci. At this moment in time the price is in the circle trying to decide the direction that it wants to take. The circles act as support and resistance. There are also diagonal trendlines but I did not included those in the chart as sometimes they tend to go way above or way under.
This is an interesting chart for observation to see if it works and how it works. This is not financial advice.
Turbo buy in opportunityTurbo recently experienced a strong upswing and established a new angle, getting rejected at the remaining Fibonacci level. A brief consolidation is expected in the short term towards the previous Fibonacci level. I see a good buying opportunity during the day for a test of the new uptrend line, which could propel Turbo to around 0.007 by Thursday.
Great buy in opportunity todayTurbo recently experienced a strong upswing and established a new angle, getting rejected at the remaining Fibonacci level. A brief consolidation is expected in the short term towards the previous Fibonacci level. I see a good buying opportunity during the day for a test of the new uptrend line, which could propel Turbo to around 0.007 by Thursday.
Turbo break outTurbo is closing above resistance levels and is about to hit an uptrend Fibonacci sequence. With BTC bouncing from a low of $58,400, this could be a great setup if BTC remains stable.
For those who are not familiar, Turbo is the new meme coin for this bull run. This AI coin has shown great potential and still has a low market cap of only $350 million. With a market cap of $4.2 billion, we can expect a price of $0.6 (11 times the current price).