Memetic
MEMEBTC 1DMemetic, looks like has break falling channel on Bittrex exchange. Collecting itself and accumulation time, good luck and break a leg!
Memetic (MEME) - 1:3.7 Trade @coinselorWhile high/mid caps are retracing/breathing, micro caps are still on the move. Memetic is forming another green candle setting a new 85-day high. A long position can be entered right now with a greater than 1:3 risk-reward ratio. Support below red line is particularly strong, offering a lot of protection for our stops.
BITTREX:MEMEBTC
Market Cap :
$362,875 USD
42 BTC
May seem a meme but is someone acumulating this?i've bought something, looks interesting, no kidding at all.
Warning the delist :/
Memetic / PepeCoin Higher Highs Memetic does look pretty awesome from the technical perspective, it has been bouncing off the 200 Moving Average for an extended period of time after which it broke above the $0.4 resistance and now there is clearly a higher highs, higher lows pattern.
After breaking above the $0.4 resistance price retraced back and rejected the uptrend trendline. Currently, it seems that MEME/USD is ready to continue the uptrend and a new all-time high should be just around the corner. The first target is seen at $2.5 where 161.8% Fibonacci retracement, applied to the latest corrective wave down. On a downside note, only break and close below the 200 Moving Average would invalidate bullish outlook.
MEME 1H Timeframe Chart 15 December 2017So, as we've posted this one yesterday already, we need to update it.
It's in a falling wedge and seems to have found support on the lower level instead of the charted one yesterday.
In this one for a swing. If it drops down, use a stop/loss!
MEME 1H Timeframe Chart 14 December 2017Memetic, a nice swingtrade coin.
This one will retest the support soon, checking if it might go up for a new leg. I'm not that bullish on this one, as on the previous pumps, it dropped down back to the earlier resistance (new support) level. If it does breakout, we can expect another pump.
Reasons for negativism: RSI is not turning high or above 50. MACD is also negative and experience.
Let's see. If it drops, I'll be buying the support zone and wait for another jump. Otherwise I'll buy the breakout.
