Turbo USD Perpetual Trade Ideas — CRYPTOCOM:TURBOUSD.P — TradingView

Is TURBOUSD About to Explode? Key Levels to Watch!Yello Paradisers! TURBOUSD is catching attention with its bullish market structure and a supportive trendline holding firm near a critical support zone. But is this the setup we’ve been waiting for, or could it falter? Let’s dive into the details. 💎If TURBOUSD approaches the support zone while respecting the trendline and confirms a bullish I-CHoCH (Internal Change of Character) on lower timeframes, the probability of a bullish move significantly increases. This could present a prime opportunity for a potential bullish move. 💎For those looking for extra confirmation before entering a trade, watch for classic bullish patterns such as: Double bottoms (W patterns), Inverse Head and Shoulders, These formations, combined with bullish price action, can further strengthen the case for a move upward. 💎However, caution is key. If TURBOUSD breaks below the support zone and closes candle decisively beneath it, the bullish setup is invalidated. In this scenario, waiting for clearer and more reliable price action will be the smarter move. 🎖Successful trading is not about chasing every move—it’s about waiting for the highest probability setups. Whether this is the breakout we've been anticipating or just another consolidation phase, patience and discipline are what separate winning traders from the rest. MyCryptoParadise iFeel the success🌴

Is TURBOUSDT Poised for a Bullish Breakout or Bearish Move?Yello, Paradisers! Is TURBOUSDT about to break out into a small bullish move, or are we looking at a potential reversal? Let's dive into the analysis to see what the charts are telling us! 💎TURBOUSDT is currently forming an inverse head and shoulders pattern, a classic bullish signal. This pattern, coupled with the recent bullish reversal indicators, significantly increases the likelihood of an upward move. 💎 If the candle closes above resistant zone, the probability of a bullish move increases. 💎 If there's a pullback, we can anticipate a bounce from support zone, but we need to watch for a Change of Character (CHoCH) towards a bullish market structure in the lower time frames. This would confirm the bullish outlook and set the stage for targeting the upcoming resistance levels. 💎If the candle closes below the support zone, it invalidates the bullish thesis. 💎Given the current market uncertainty, I recommend using smaller positions than usual. This cautious approach will help manage risk effectively. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴

Whales Back In Action: Is Turbo Price Set for a Major Surge?Whales Back In Action: Is Turbo Price Set for a Major Surge? Whales have added nearly 524.4 Million TURBO tokens worth $2.17 Million since the past week. The ratio of daily on-chain transaction volume in profit to loss has improved indicating investors turning in profits. Turbo (TURBO) investors have returned strong indicating after a long period of uncertainty. It indicates a renewed confidence and potential shift in the market sentiment. At the time of writing, Turbo price was trading close to $0.00417 recording an impressive 7.25% gain in intraday. Adding intraday gains to the weekly price performance, Turbo stands at a significant 19% gain a week indicating a strong recovery. Although the altcoin has revealed signs of a recovery from the lows, the broader market remains cautious. While recent activity by the top addresses also known as whales has sparked optimism still Turbo maintains a long-term bearish trend creating challenges for the asset's price. Turbo Whales Back In Action The top addresses also known as whales have played a significant role in Turbo crypto price movements. Over the past week, the whales have accumulated nearly 524.4 Million TURBO tokens, worth over $2.17 Million. This significant accumulation of 0.76% suggests that the crypto whales anticipate a price surge in the short term. The top addresses or whales are the entities with large amounts of investment and more resources. Hence, the accumulation by the whales can't be ignored. Thus Turbo price could experience renewed momentum and surge higher potentially breaking through the higher supply levels and entering a bullish territory. On the other front, the average 30-day on-chain transaction volume in the loss curve has dropped from $325 Million to $278 Million indicating the investors turned profitable in the last week. As of now, the ratio of on-chain transaction volume in profit to loss accessed using 30-day MA has improved from 0.84 to 0.993 in a week. It suggests that for every transaction that ends in a loss 0.93 transactions results in profit. As Turbo price would shift higher, this ratio would cross 1 indicating more investors in profit than that in loss. Turbo Price Prediction: Challenge Or Opportunity For Investors. Turbo price noted a significant 19% rise in a week, indicating a strong recovery from the lows. The price has surpassed the dynamic resistance of 50 day EMA indicating a short term rally in the crypto. While applying Fibonacci retracement tool from recent swing high to low, it was observed that Turbo price was hovering in the golden zone of Fibonacci. This zone may act as a potential resistance and restrict upward movement. However, the recent price surge in tandem with large wallets accumulation signal a potential breach of the golden zone. If TURBO bulls are able to flip this barrier into support, it could help the asset price recover its previous losses and break out of a correction phase. On the contrary, if the bulls fail to surpass the golden zone would again push Turbo in a consolidation zone and the struggle between the bulls and bears may go on. The key EMAs may act as a dynamic support if the price suffers selling pressure.

Turbo Price Faces Dip: Is it Best Time To Grab The Opportunity? Turbo Price Faces Dip: Is it Best Time To Grab The Opportunity? The supply held by the top addresses have surged by a significant 1% in the last one month. At the time of writing, Turbo was down nearly 3.15% and was trading close to $0.0056. Turbo price seemed to be declining in the recent sessions after a strong surge of nearly 70% in the earlier sessions. The TURBO price registered a strong breakout of a trendline resistance in the previous week and jumped 70% in a couple of sessions. Earlier, Turbo had been in a correction phase since Mid may after suffering rejection from a psychological $1 level. The price dropped suffering multiple rejection from a trendline resistance. The recent breakout marked the end of a correction phase. The broader market turmoil has dragged Turbo price down in the recent sessions. However it may be a great opportunity for an accumulation as the Top addresses are also doing the same. The top addresses were found accumulating turbo in the last one month. Whales Accumulating Turbo Cryptocurrency The top addresses seemed to be accumulating TURBO in the last one month as evident from the supply held by the top addresses. The top addresses often referred to as whales have added nearly 63.6 Million TURBO tokens to their portfolios adding up to almost 1% of the total supply. Whales generally have more resources and information than that of the retailers. They have larger investments, hence they tend to be on the right side of the trend. The price may show gains as the whales have increased their holdings in Turbo. It has a live market capitalization of $356.47 Million and ranks 213th in the cryptoverse. The transaction volume has dropped by 13.51% to $91.74 Million suggesting a waning interest of the sellers. The volume to market cap ratio at 26.14% indicates high volatility. Is Turbo A Buy On Dip Opportunity For The Investors From a technical standpoint, Turbo price hovers comfortably above the all the key exponential moving averages of 20, 50 and 200 days suggesting a strong positive trend prevailing. The recent selloff may turn out as a buy on dip opportunity as the key EMAs may offer dynamic support and Turbo price may bounce back higher. Moreover, while applying Fibonacci tool from the recent swing low at $0.0031 level to recent swing high at $0.0080, the golden zone was observed between $0.0055 and 0.0050. The golden zone acts as a key area for a trend continuation. As of now, the Turbo price seemed to be nearing the golden zone of Fibonacci and might bounce back after retesting it. The recent breakout has already confirmed the end of a correction phase. Any bounce from the golden zone may indicate a trend continuation towards the higher side. On the contrary, the pullback may turn into a bearish reversal if the price looms below the $0.0042. Is Turbo Poised For A 40% Gain Ahead? Turbo price surged nearly 70% after breaking out of a trendline resistance. However, the price has declined in the recent sessions due to broader market turmoil. This dip might be a good accumulation opportunity as top addresses (whales) have added 63.6 million TURBO tokens, about 1% of the total supply. From a technical perspective, Turbo remains above key EMAs (20, 50, 200 days), indicating a strong positive trend. The price is nearing the Fibonacci golden zone ($0.0055-$0.0050), suggesting a potential bounce and trend continuation. However, a drop below $0.0042 could signal a bearish reversal. The recent breakout has confirmed the end of the correction phase. Keyword: Turbo price Meta Description: Turbo price seemed to be declining in the recent sessions after a strong surge of nearly 70%

TURBOUSD at a Critical Juncture: Will It Bounce or Break?Yello, Paradisers! 🌟 Are you ready for an exciting potential breakout? Here’s the scoop on TURBOUSD: 💎TURBOUSD is currently at a critical demand zone where we’ve seen two previous bounces, suggesting a high probability of another bullish move from here. 💎If TURBOUSD shows an I-CHoCH (Internal Change of Character) from this level, it will be a strong signal for a bullish opportunity, targeting previous swing highs. 💎If the price bounces directly from this demand zone without any confirmation, it’s prudent to wait for a breakout and a candle closing above the resistance zone. This will increase the probability of a sustained bullish move. 💎However, if the price falls below the demand zone, it will invalidate our current bullish outlook. In that case, waiting for better price action to form would be the best strategy. Stay sharp and disciplined, Paradisers. This market is all about timing and patience. Let’s play it smart and make informed decisions for consistent profitability! 🏆 MyCryptoParadise iFeel the success🌴

Turbo (TURBO) Crypto Turbo Token emerged as an innovative venture in the meme coin sector, conceived by enabling the capabilities of artificial intelligence. The initiative's originator tasked GPT-4 with a novel quest: to craft a standout meme coin, resulting in a digital currency designed by AI for the populace. Turbo crypto holds and impressive performance in the previous months as the crypto has soared over 1129.6% in the last six months and over 1375% on a year to date basis. TURBO ranks 212th in the cryptoverse with a live market capitalization of $338.88. The price action analysis shows that the Turbo crypto closed the previous week at a impressive 23.2% gain. The bulls are in control of the trend and might continue to drive the price higher this week towards the next $0.0070 supply zone.

the TURBO trades above 50-day, and 200-day EMA's Turbo Toad Token (TURBO) was optimized by 17.76% in market value and had a massive spike of 182.63% in trading volume in the last 24 hours, as per the coinmarketcap website. Meanwhile, its market value is $386.574 Million, and its trading volume amounted at $172.029 Million. There is 63.674 Billion TURBO in circulation, and its 24-hour volume-to-market cap ratio stands at 44.40%, this signifies a good amount of liquidity. The TURBO Crypto has shown a massive breakout on the daily chart, it reached $0.00950 by May 28th, 2024. But fell from May 29th in a wedge, and formed a support at $0.00515 by June 7th, 2024. At press time, the TURBO broke out of the wedge and was trading at $0.006080. An analyst Steph Is Crypto tweeted on X with optimism, that the TURBO is breaking out of the wedge, and has been expecting massive gains in the coming months. At press time, the TURBO trades above 50-day, and 200-day EMA's. Meanwhile, MACD stays above the zero line, with RSI glaring at 56.98. Therefore, if TURBO gives a robust breakout, then the asset could reach targets like $0.01000, and beyond this, it could reach $0.01500, as well. However, if the Turbo Toad Token Fails to break out and stays in the pattern, the pattern would lose its bullish significance. Along with this, if it slides below $0.005150, the price could seek rock bottom as well.

Turbo USD Perpetual

TURBOUSD.P trade ideas