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cat in a dogs world/Tether

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MEWUSDT trade ideas

MEW — Ready To Get Rid Of A Zero?After its recent pump of more than 100%, cats in a dogs world is consolidating in a bull flag. Since the bull flag is a continuation pattern, chances are high that we will see a breakout to the top. Based on the bull flag pole, a break-out should aim for a target above 0.012 and erase one 0. How to trade? Trading the bull flag requires the price to break out to the upside. Additionally, it is preferable to confirm the breakout on a higher timeframe, like the daily chart, before entering a trade. If you want to reduce the risk, you can even wait for a re-test after the breakout—however, this doesn't always happen, and it can also lead to a missed trade.
Long
by ben_walther
MEWUSDT AnalysisOverview: This chart analysis for MEWUSDT highlights key zones for scaling in and out using Fibonacci retracement levels and Elliott Wave principles. Key Tips: Identifying Wave 1 and Wave 2: The initial price spike represents Wave 1. The corrective decline retracing to the 0.786, in crypto sometimes to 0.88 Fibonacci level marks Wave 2, suggesting a potential buying opportunity. Scaling In: Enter positions within the "scaling in" zone around the 0.786 retracement level, which often acts as a strong support in Wave 2. Scaling Out: Target profits within the "scaling out" zone, aligned with Fibonacci extension levels (1.0, 1.236, 1.382, 1.5). This area likely represents the peak of Wave 3 or beyond. Stop Loss: Place stop losses just below the 0.88 Fibonacci levels to manage downside risk. Conclusion: Utilizing Fibonacci levels for scaling in and out, combined with Elliott Wave analysis, can provide structured entry and exit points. Always consider risk management to protect against unexpected market movements.
Long
by WaveFibs
1
MEWUSDT SHORT IDEA Back again with MEWUSDT. Last attempt at shorting Mew was indeed a failed trade but we maintain an unbiased stance and accept that losses are inevitable in trading. MEW has formed a triple top formation using the mid range support (also a major Fibonacci support) as a pivot for its three peaks. its quite an obvious trade and will trigger a short position if the neckline is broken and retested, upon which I will enter on a satisfactory retest and aim for the range support. ANYTHING CAN HAPPEN.
Short
by hyla1996
3
CRYPTO - MEWUSDT SHORT IDEAMEWUSDT came up on my ‘daily gainers’ list a few days ago. As with most relatively unknown coins, after their brief moment in the spotlight, I’ve noticed they enter a prolonged and vicious downtrend. Mew has been making clear lower highs and lower lows since it’s run, and has now formed a range bound consolidation pattern. If this range is broken and successful retested, that will trigger my short position. With a stop at mid range and a take profit at the .618 fib level where we could expect a possible bounce. 4/1 RR, let’s see if it acts as planned. Invalidation if the range is broken to the upside or if the range is reclaimed after the breakdown. Anything can happen, let’s just prepare for the opportunity!
Short
by hyla1996
2