TURBO: Verge of Bullish pennant breakout!! (Gain: 7x to 10x)Join our community and start your crypto journey today for:
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Hello everyone,
I'm curating a list of promising projects to hold for the upcoming bull run.
1. FETUSDT (already posted)
2. ONDOUSDT (already posted)
3. AAVEUSDT (already posted)
4. ANKRUSDT (already posted)
5. ORDIUSDT (already posted)
6. TURBOUSDT
Let's analyse TURBOUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
This first ever memecoin created by AI. Turbo Token began as a bold experiment in cryptocurrency creation. Inspired by the power of artificial intelligence, the project's founder turned to GPT-4 with a simple challenge: create the next great meme coin.
TECHNICAL ANALYSIS:
TURBO Token is exhibiting a bullish pattern, trading within a bullish pennant on the weekly timeframe. This pattern often signals a continuation of an uptrend.
Technical indicators supporting a bullish outlook include:
Price Support: The price is currently supported by the 200-day moving average.
Breakout: A recent breakout above the 100-day moving average on the daily timeframe suggests growing momentum.
Volume Spike: A significant increase in 24-hour trading volume indicates rising interest.
Buying Levels:
$0.0036236 to $0.0030795
Target Level:
$0.0096940 (short term)
Hold for 7x - 10x (long term)
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Happy Trading!!
TURBOUSDT trade ideas
TURBO price volatility gonna increase soonAfter four months of sideways accumulation and holding strong above 0,003$ 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.
TURBO Bearish Divergence on 1Wk ChartTURBO Chart 1WK:
We have a negative divergence forming on the weekly time frame.
If the current candle remains as a bearish engulfing candle by the close of this week (3 days), then it's going down to test the bottom of the channel and those lower wicks. Falling to the bottom of this channel would result in a -31%. Correction. If it breaks the channel lower, then it's going down -80%
In a first ever "Utility Bull-Run," how will the meme coins hold up this time, with no utility?
This could be like the FTX or Luna Crash 👀
TURBO may become bearishWith the wave count of the total data we have on the chart, it looks like we have a large diametric on the chart that we are now in wave G of this diametric. In diametrics, the G wave is the final wave.
It seems that the structure of wave G is a triangle, and now we are in wave e of this triangle. Wave e in triangles is the final wave.
With these interpretations, it won't take long for TURBO to become a bear.
The targets are marked on the chart.
Closing a daily candle above 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
TURBO Trade SetupTURBO/USDT.P Trade Setup
- Entry: $0.003754 to CMP.
- Stop Loss: $0.003671.
- Leverage: 5x-10x.
- Targets: $0.004005, $0.004126, $0.004244, $0.004339.
Note: Always trade with an SL and use low leverage to stay on the safer side.
Make sure you do your own research and analysis before investing.
Trade safely.
#Turbotoken #Crypto
Turbo respecting this curved parabolaTurbo is a growing grassroots meme token that was started as an AI with only a budget of $69 and what was meant to be a type of joke has now grown into one of the most impressive meme projects in crypto. I have noticed that every time Turbo hits a double bottom as reflected by boxes, it has a nice run to the upside and it is also respecting this curved parabola as well. Will it break this parabola, probably so at some point as nothing can continue respecting curved parabolas for an indefinite period.
TURBO/USDT: LOOKS READY FOR AN ATH!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
TURBO looks good here. It breaks out from the descending triangle and a retest is also done to, make a double bottom-like structure. Buy some here and add more up to $0.0038
Target1:- $0.0047
Target2:- $0.0061
Target3:- $0.0073
Target4:- $0.0086
SL:- $0.0034
What are your thoughts on TURBO's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
My Turbo MEME Coin Summer Price PredictionAs we delve into the realm of cryptocurrency speculation, I must preface that my analysis might be tinged with a bit of emotion. However, the numbers do paint a compelling story. Let's start by recapping Turbo's impressive trajectory. Before its staggering 660% surge in May, Turbo was consistently posting daily gains ranging from 10% to 60% in early May. Prior to this period, there was a notable 350% pump from February 26 to March 10.
For context, let's compare these figures with Bitcoin's performance during the same intervals:
From February 26 to March 10, Bitcoin climbed 35%, which is 315% less than Turbo's gains.
On the days leading up to the significant May pump—specifically May 9, 11, and 16—Bitcoin's increases were relatively modest at 4.5%, 3.5%, and 8.9%, respectively.
During the big May pump from May 21 to May 28, Bitcoin rose by 6%, while Turbo exploded with a 660% increase.
Now, let's explore some possible future valuations for Turbo, based on different market cap scenarios. Assuming Turbo’s current total token supply is 69 billion tokens, here are some projections:
-Turbo with a market cap of $1 billion: This would price each Turbo at approximately $0.0145 (a 228% increase).
Turbo with a market cap of $5 billion: Each Turbo would be valued at around $0.0725 (a 1,539% increase).
Turbo with a market cap of $10 billion: This scenario would put each Turbo at about $0.145 (a 3,178% increase).
Turbo with a market cap of $20 billion: Turbo tokens would then be priced at approximately $0.29 (a 6,455% increase).
These projections are purely speculative and should be taken with the understanding that the cryptocurrency market is highly volatile and unpredictable. This summer could be another rollercoaster ride for Turbo MEME coin enthusiasts. Stay tuned, and remember to invest wisely!
Turbo is trying to tell us somethingDear Reader,
Turbo seems like to forming a potentiol inversed shoulder head shoulder pattern. We need to wait for rejection on the neckline to make the right shoulder and then wait for breakout on the neckline.
BTC is unstable at the moment, it rejected from a little support zone around 62.3K but due to the war we can have more problems then we know of. Also BTC looks like it is making an Shoulder head Shoulder pattern in Bearish way, this might be a big problem but we need to watch for that. I will recommend the BTC chart in this one so u can look at it.
This is no financial advice, always DYOR.
What are your thoughts?
TURBO/USDT: LONG TRADE SETUP!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
TURBO looks good here for a long. It breaks out from an descending triangle pattern and is currently retesting. Long some here and add more in the dip.
Entry range:- $0.0055-$0.0057
Targets:- $0.0062/$0.0068/$0.0073/$0.0078
SL:- $0.0052
Lev:- Use low leverage (Max 5x)
#TURBO/USDT LONG CHART IDEA#TURBO/USDT LONG CHART IDEA
Leverage: 20x
Entries: $0.005817
Take profit 1: $0.006068
Take profit 2: $0.006562
Take profit 3: $0.007222
Stop Loss: $0.005520
BINANCE:TURBOUSDT.P
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks.
TURBOUSDT📊 #TURBOUSDT
⏱ TIME: 2H
📝It has broken out of the triangle pattern and looks like it could go up to the 0.0075 range (black box).
⭕️risk: MID
📍The initial BUY MARKET: 0.0057850
📌TP1: 0.0063611 $
📌TP2: 0.0072513 $
⛔️SL: 0.0050786 $
❌These analyzes are just to give a better perspective for you dear ones
Do not base on buying and selling❌
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 ?