MYROUSDT trade ideas
Myro targets If we will see new Solana Memecoins hype this is BYBIT:MYROUSDT targets
Possible Targets and explanation idea
➡️D tf downtrend correction since March 2024
➡️ 0.45 target will be like a magnet
➡️ Would be good to see close W fvg
➡️ Test buy line or fundamental value Take profit indicator
➡️ Need to see new money inflow in Myro or D and W tf Money power indicator
➡️Based on Trade On we could track sell and buy local trades. Waiting main signal on W tf for uptrend
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MYRO has good signals for continuing the bullish movementMYROUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.2. Stay tuned for more updates, thanks.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
MYRO Long Spot Position (Reversal with 21 EMA Reclaim)Market Context: MYRO is showing signs of reversal by reclaiming the 21 EMA for the first time since July and turning a key resistance line into support. This offers a promising risk-to-reward trade if the price continues moving upward.
Trade Setup:
Entry: Around $0.082.
Take Profit:
First target: $0.115
Second target: $0.16
Third target: $0.22
Fourth target: $0.26
Stop Loss: Daily close below $0.074.
This setup has a favorable risk-to-reward profile if the upward momentum holds. #MYRO #CryptoReversal
MYROUSDT Falling Wedge Breakout: Bullish Momentum BuildingMYROUSDT technical analysis update
MYRO recently broke out of the falling wedge pattern and is now bouncing off retest support. The key resistance lies at the $0.10 level, and once the price breaks through, a strong bullish move in MYROUSDT is expected.
Thanks
Hexa
MTROUSDT Analysis - What Shall we Expect !!!MEXC:MYROUSDT
MYRO is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.13 Stay tuned for more updates, thanks.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
MYROUSDT Outlook after the Dip. What to expect NOW ?MYROUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.11. Stay tuned for more updates, thanks.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Longing MYROMyro Long : Opened 7/9
Entry : 6.2c
R/R : 26:1
August/September are bearish months seasonally. Knowing this, the best time to be looking for longs is generally mid-late September. BTC Halving occured 6 months ago. Price has been in a sideways consolidation near all-time highs since then.
BTC has just had a strong move downwards and price is now sitting on a high time frame support, at the bottom of it's 6 month range. It has found it's current low on an important 4h order block. Taking seasonality into account, the bottom could be very close, if not in already.
Trade Reasonings :
-In terms of support/resistance, MYRO has been behaving very well with horizontals and OB's (Order Blocks). There has been strong support shown at the bottom daily OB (in blue), despite Bitcoin's recent downward pressure.
-MYRO has been in a clear downtrend for 6 months. It is now near historical lows, but price is currently being supported by a strong daily OB and horizontal support. Strong R/R in this area. Bouncing here would put in a weekly higher low.
-The daily has set in 3 drives of bullish divergence.
-A falling wedge is forming. Daily OB aligns with the bottom of this pattern for confluence.
Final Considerations :
-MYRO has performed very well during it's uptrends so far
-Seasonality suggests the market may start trending up within these next few weeks
-Price is on Daily OB support
-Price is on Daily horizontal support
-Price is on Weekly horizontal support
-Price is at the bottom of a falling wedge
-Bouncing here would set in a weekly higher low
-Falling wedge is 75% filled in, which is where wedge patterns often find there direction
-Target of the falling wedge would be as high as 37c. My take profit has been set at 34c as this also aligns with a daily OB and daily resistance.
-Risk/reward ratio based on this trade is 26
-MYRO is still range bound between the two lower OB's, but a reclaim of 9.6c would be a strong indicator that the falling wedge may break out
MYRO - CRYPTO LONG 83%?The coin has been falling for a long time, accumulated at the bottom, and formed a descending wedge. There is a chance for a rebound, with a target of over 80%. However, be cautious, as we are taking the coin against the trend. If you decide to take it, use a small percentage of your deposit.
MYRO analysisFrom where we put the red arrow on the chart, it looks like MYRO's correction has started.
The correction seems to be a diametric. We now seem to be in wave E of this diametric.
Wave E can end in the green range and the price moves towards supply for wave F.
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
MYRO Update — Big Move IncomingMYRO has entered an ascending triangle pattern after its latest (massive) drop. So, just as a refresher, between the end of July and the beginning of August, MYRO lost almost 60%.
Typically, an ascending triangle pattern is considered a bullish pattern. That means we should see a break to the upside at some point, followed by a sharp price increase.
If this happens, we could see the price again attacking 0.14-0.15.
So, again, watching the trend line is essential. Never enter too early and without confirmation!!
MYROUSDT LongIn the last couple of days, we have seeing an accumulation on the 0,07 establishing this area as support. Structure just got a breakout on the 1H timeframe earlier this week, with the buyers assuming this new as support and sellers giving a strong resistance on the 0,082. If buyers break this level, this coin has an huge potential for 0,98 as next target. Worth our look for sure with early investors wanting to start their positions for alt coins season.
Trade Setup: MYRO Long PositionMarket Context:
Meme coins are showing potential as bullish sentiment re-enters the crypto markets. MYRO is trading in a critical zone where bulls need to hold to maintain momentum. A shift in market structure could offer a clean entry for traders.
Trade Setup:
Entry: Around $0.091.
Take Profit:
First target: $0.13
Second target: $0.1789
Third target: $0.23
Stop Loss: Close below $0.071.
📊 This trade has potential for strong upside with careful risk management. Watch for signs of trend reversal. #MYRO #MemeCoins #CryptoTrading 🎯
#MYRO/USDT SPOT LONG ENTRY#MYRO/USDT SPOT LONG ENTRY
Leverage: 3x
Entries: $0.07788
Take profit 1: $0.08339
Take profit 2: $0.09671
Take profit 3: $0.12192
Stop Loss: $0.06818
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BYBIT:MYROUSDT
Thanks
The sroced.
MYRO UpdateEarlier we got good swings from MYRO and now we have prepared a new update for MYRO.
The downward corrective waves are expected to continue
A supply range is formed on the chart, and we expect price rejection from this range to the bottom.
The targets are clear on the chart, when we reach TP 1, save some profit and change your stop to entry.
Closing a daily candle above 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
Myro updateThis was my original Idea and what I thought was going to happen with $MYRO. It ended up dumping bad, meme coins saw a pullback and not surprising considering I bought this at 400K MC. I took partial profits up top and held some all the way down. I bought more again yesterday at around 7 cents. Regardless of the dump $MYRO community won't be denied. Twitter has over 50k followers and it is only a few months old. Anytime I post about $MYRO the engagement is insane. Would not be surprised to see it cross ATH again soon. I am loaded and ready. A lot of people shy away from these plays but meme coins have changed my life in the past few months. The right ones can be lucrative if played correctly starting small with a risk management strategy. The difficulty is in the volatility and picking the right ones.
MYRO — How To Approach A 65% Profit TargetMYRO has recently entered my "worth-to-watch" trading list. This post will explain why and how I plan to approach the trade.
MYRO has delivered a strong performance over the last few days/weeks. However, as expected, the latest uptrend was rejected by the major resistance between 0.16 and 0.17. As a result, MYRO dipped ~20%.
On the bright side, MYRO printed a bullish crossover (1) just a few days ago, which can indicate an uptrend. The Tenkan line (green) served perfectly as support (2) and led to a bullish engulfing candle today.
Here's what needs to happen before I will enter a trade.
The resistance area between .16 and .17 serves as my stop sign. I want to enter a trade as long as the price has moved above and is confirmed on the daily chart. Preferably, the price closes in the cloud.
If this happens, I will consider initiating a long trade. The upper line of the cloud serves as a first profit target since MYRO will certainly encounter some resistance there. The final profit target is located at 0.28.