AVAX Kimbo - Treble top pattern, get ready for lift off!We see a treble top pattern, the third touch at the top always has short term major dip happening right now
Treble top patterns are bullish as higher chance it keeps coming back to resistance to eventually break through
Right now, the retrace from the top right now at fib level 0.786. A fib level 0.618, 0.786 or more are good buying opportunities
Get ready to buy at these last bargain dips for a big reversal pump. We almost at lift off!
KIMBOWAVAX_03A588.USD trade ideas
AVAX Kimbo Meme coin could of bottom out from hereLooking at the charts and volumes it done it's 3rd leg wave down in volumes (OBV chart at the bottom) and $0.0003992 US price could of been the next bottom for these waves. If so, Kimbo poised to be big for AVAX meme coin
The OBV volumes showing less selling presure now and good chance in the days ahead great buying pressure
Some of the fundamentals:
Avalanche Foundation Snaps Up KIMBO, COQ, and Three Other Tokens as First Meme Coin Investment
www.coindesk.com
I when to dexscreener to evaluate what moving fast for meme coins - dexscreener.com - Clicked on LIQUIDTY and when sort by descending order, Kimbo is number 2 spot. The number 1 spot doesn't have much value but Kimbo has long term potential for big gains
Their website is IMPRESSIVE!! So much community work on this meme coin A++ www.kimboavax.com
This the big one - they actually "burning" the "token supply" so Kimbo becomes more scarce. What think going to happen with the prices when reduce the token supply? Prices go up and up and faster!
If scroll down the bottom of the page for Kimbo website you see "Kimbo Merchandise" - These meme coins have VALUE! and can buy NFTs for it too
Fundamentals is good, AVAX team buying into this meme coin for exchange liquidity. Most likly be listed on KuCoin and then Binance. This has pretty good volumes too and I like the charts for this great opportunity
On twitter they going to expose this project to the masses on Facebook, Instragram i believe very soon. It has 18,000 twitter followers and can go pass the 50 to 100,000 followers
twitter.com
This poised to be the next Shib Inu, Dodge meme coin where billon and billon of dollars flood through this project
Do you like Kimbo, do you think it has so much potential?
$Coq & $Kimbo ... AVAX memes to capitalize on midcap mania?exposure to the largest memes/Nft's in an ecosystem is a way to capitalize on the coming midcap mania
The key is to find ecosystems that have very little competition and a clear main winner that is cheap (so memes on bnb may not be a good choice b/c there are too many to choose from)
view meme as a leverage play on future capital inflows to an ecosystem. but with no liquidation risk other than rug risk.
meme vs NFT is a bit of a judgement call (based on the chain ecosystem).
NFT is good if u can get into the Major #1 collection early .. AND the chain has thriving NFT/Gaming focus (Example Aptos Monkeys on Aptos .. Bad kids on Stargaze)
for most, though, the easiest and safest way is to go for the top Meme with strong ecosystem support. if it is backed by a dex or a team even better
and YES institutional money IS using meme as exposure b/c of the marketing and limited risk (no team, no security classification, ability to control liquidity)
can look at SOL / Base /Optimism /other l2's which have launched and laid out the playbook