Meme coins often have price action that rhymes with prior price action. On this chart you can see that previously we have an almost identical area of price action at a good buying area for this coin. Fractals can give a potential direction of future price action especially on coins that move due to sentiment like meme coins.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.