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MYROUSDT

MYRO looks bearishFrom where we put the red arrow on the chart, it looks like MYRO's bullish diametric is over and the BNX correction has started. It looks like a correction of an ABC or more complex pattern as we are now in the middle of wave B It can move down from the red box. The targets are clear on the chart Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
MYRO ANALYSIS (6H)It is one of the famous symbols of the SOL network, which is trending. It seems to have formed a large diametric which is now at the end of the E wave. If it reaches the green range, you can look for buy/long positions. The targets are marked on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
3
MYRO/USDT Eyeing for a Bullish Momentum? 👀🚀MYRO Analysis💎Paradisers, get ready as #MYROUSDT catches our eye with its notable trajectory, heading towards critical support following a rebound off a substantial resistance. 💎With the momentum potentially in its favor, there's a significant chance for a recovery from this point, echoing the resilience shown by this support in past encounters, where it initiated strong bullish actions four times. 💎Currently, #Myro is experiencing a downturn, as evidenced by pronounced red candles that signal hefty selling pressure. However, we're keeping a step ahead, watching how the price interacts with the key support level. Upon securing confirmation, we'll tactically plan our approach. 💎For the savvy trader, if #MYRO's momentum falters at this crucial support and descends further, we'll eye a bullish resurgence from the lower demand zone, bolstered by liquidity. There's a solid likelihood for $MYRO to rally from this dip, whereas a breach below this point could precipitate a marked decline.
Long
by MyCryptoParadise_Simon
Capitalizing on MYRO: Strategic Long Opportunity in MyroMEXC:MYROUSDT is showcasing a compelling setup for a potential long position. The technical indicators on the 4-hour chart signal a consolidation period post a significant uptrend, marked by the price holding firmly above key moving averages and an established ascending trendline. While the inherent volatility of meme tokens commands a cautious approach, the current chart patterns aligned with prudent risk management suggest a favorable entry point for traders looking to leverage Myro's current momentum. As always, such trades should be balanced with a well-considered strategy, especially given the often unpredictable nature of meme-based digital assets. Here is my Setup arguments and why am i entering a long position here and targeting only 200% and exit without taking any more risk or greed: Breakout Above Resistance: Which may now serve as support, offering a good risk-to-reward ratio for entry. Ascending Trendline Support: The ascending Magenta Trendline that served before as a strong support that was respected in the logarithmic scale of the chatrt which indicates an overall bulllish momentum. Bullish Price Pattern: The consolidation pattern resembles a bull flag, which often precedes continuation of the uptrend which actually happened to be broke upwards and retested. Price Above EMAs: Suggesting a continued bullish trend. And also not to forget the overall sentiment in the meme market right now especially in Solana. So these are all enough reasons for me to open a long trade here with only 200% TPR as mentioned. It is essential to consider risk management strategies such as setting a stop loss below the last swing low, and to size the position appropriately for your portfolio. Additionally, external factors such as market news, fundamental analysis, and overall market sentiment should be considered before entering a trade. Peace out
Long
by Lucas_CryptoLab
Some thoughts about MYROMYRO is for sure in a good uptrend, and actually i can't see nothing that would make me think about a drop. But i expect the price to touch the main trendline i drawed. Here we have two possibility: Retest it again and next resume the pump Break it down, retest it and drop If the price will drop, it will be awesome to see MYRO to trade again in the 0.055/0.08 zone. I don't know if we will ever be there again, but it would be an awesome entry point.
by SaliJournal
15
Elliott Wave Analysis with Volume Profiles and Open InterestMYROAnalysis. eliott wave: the price action conforms to elliot wave theory, suggesting a potential bullish move with the completion of wave 5. volume profile (January 38th - february 3rd) the initial volume profile indicates that the price has previosly visted the point of control (poc), and it appears to be retracing towwards the upper 70% line, which could serve as oyr TP3. Volume profile (february 2nd-february 19th): the subsequent volume profile suggest that the ptice is finding support around the 70% line, this support level has also acted as resistance in previous instances. Openinterest: there is a bullish and green candle observed in the open interest data, indicatng potential bullish sentiment.
Long
by ispatialresources
5