$BRETT Broke It's Critical Trendline - Dump Incoming!I understand the bull case for $BRETT with all the influencers supporting it and it being the "Blue Chip" on BASE, but....
the chart is at an inflection point now after breaking its trendline, and battling to hold the 50% retracement level
if it doesnt hold, expect ~20% dump to the .382 fib, but more likely 40% to .236
if it rallies from there, which it should with all the influencers supporting it, then you should have a good meme on your hands.
maybe ill consider buying at the .236
Brett
#BRETTUSDT Chart Update in 6-Hour Timeframe.Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
BRETT has broken above the bullish pennant and is currently retesting the resistance trendline. It is likely to see a rebound after the retest, which will push the price to test the all-time high level at $0.1955.
The 50 EMA (blue line) shows decent support for BRETT. A breakdown below the 50 EMA will likely drop the price to the lower support level of $0.1256.
~ Primary Support/Entry 1: $0.15 to $0.1568.
~ Lower Support/Entry 2: $0.122 to $0.1256.
~ Primary Resistance/Target: $0.1955 (All-time high).
~ Invalidation point: A breakdown and close below the lower support level.
DYOR. NFA.
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#PEACE
BASED PEPE-BRETT-TRUMP-WEIRDO-PEPE0x69-ETC - Today and BeyondBASED MEME COIN SUPERTHREAD
Im gonna Start trying to Follow some hardliners and some new one's
Speculate the Speculators and do some Trend Analysis as Well as Fundamentals
The Based MEME Coin space is literally a Wild West and you can get Wrecked playing fast and loose
BRETT has been a darling of the space with a whole host of Support coins and is popular on many DEX's providing price speculation leaving profit for scalpers
Did you miss #BRETT & #ANDY ... BirdDog is "Cheap"And has structure for a continuation inverse Head & Shoulders.
Just poking above the neckline currently.
The linear projection is not that juicy tbh ..
Although this chart is in Ethereum terms not USD
Yet the LOG projection could suggest a very nice move could still occur.
And put BirdDog firmly in the $100M+ mc category.
With these Boys Club #Memecoins...
Extreme caution and research is required by yourself to determine what is the real coin and what network that coin lives on.
Brett done? If you find this information inspiring/helpful, please consider a boost and follow!
Quite the dump.
Pitchfork has been responsive.
Watching how this impulse retraces.
Could just be prof taking but, need a bit more clarity.
A nice step would be a reclaim of 0.96
Waiting for some clues to play off of, but a nice impulse complete is a nice anchor to play off of.
#Elliottwave
$BRETT ready to explodeBRETT is trapped in a defending triangle.
The RSI is making lower lows and once the trensline is broken, the next leg up is obvious.
Also, the rising interest in Memecoins and the BASE ecosystem will provide the necessary volume.
I am very optimistic about seeing a new all time high for BRETT ver soon.