cat in a dogs world MEW memecoinMemecoin #MEW ... 😱
1️⃣ On the one hand, it looks like all the coins are unlock, and the price has entered the liquidity zone, and the meme is on #Solana (it's a trend that memes are pumped on $Solana...)
2️⃣ And on the other hand, the altos are so easy to fall that the price of #MEWUSDT can fall in the range of $0.00314-0.00344 in just a few candles
Observe or take risks - it's up to you
Mew
MEW Update (Bullish)This symbol is one of the symbols of the Solana network.
It looks like we have an ABC pattern on the chart.
Wave B looks like a triangle that has ended.
By fixing on the red box, it can move up to ATH.
A daily candle close below the red box will violate the move towards the ATH
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MEW analysis (6H)It seems that a large pattern (triangle or diametric) is forming, and we are now in wave D of this pattern.
The D wave pattern can have several scenarios, but a supply and demand range can be determined for MEW.
In the demand range, we can look for buy/long positions
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MEW continues to get weaker. Descending triangle on the daily.
Notice how the supply zone (red box) maintained an aggressive resistance.
Previous demand zone later turned into supply zone (purple box) that the price couldn't sustain.
If this breaks the triangle, it may see some bids in the demand zone (green box) of the previous ATL.
Overall, bearish.
Educational purposes only. Not financial advice.