MYROUSDT which way?Yesterday candle proved me wrong that it is in subwave5.
I look at the bigger picture again at daily timeframe and there are many possibility. So this time it is the first that I will go with neutral.
1. If major wave 2 has completed, you will see a bigger rally. I make a green square in the past and just copy to today to illustate timeframe.
2. If major wave 2 has not completed yet, it is still in subwave 4. I still insist that it should go below 0.1 or at least close below 0.126.
Counting wave forward is just a guess. No one know.
If you ask my opinion, I still go with 2.
Let's see.
MYROUSDT trade ideas
MYROUSDT do not hurry to buyI will first answer the question to someone ask me a timeframe to hit my personal target 0.065 - 0.091.
First of all and always need to say, it is just a pure guess.
To 0.1 - 0.091 in 1-4 days.
To 0.091 - 0.065 I am not sure that it will reach this area but consider BTC correction I bet it will arrive somewhere between this in 4 days - 2 weeks.
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I think MYRO is in minutte wave 3 of minute wave 3 in subwave 5 of minor correction wave C.
I think MYRO has a running flat in subwave2 which result in a strong correction in subwave 3.
Once subwave 3 is completed, I will make another guess for a end point of subwave 5.
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I forgot one thing.
As you can see that major wave 1 took 114 days to complete. Now MYRO in major wave 2 and until now it takes 48 days. I think now market still bullsih but it is in correction, wave 2 will not take so long. I guess this wave 2 should end around 60 - 80 days.
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True victory will eventually come to those who can wait.
MYRO UpdateMYRO failed to pump as i was previously expecting. I think we will see another leg down before pulling back up. I am monitoring the price action and i will look closely the $0.12/0.10 area. This is a strong support zone were price could perform a reversal pattern and come back to new highs
MYROUSDT I think now is final correction wave.Below is the analysis that I was banned due to wrote English in my local website.
"
In previous wave count, I thought sub wave 2 was zigzag.
However, since now sub wave 4 is clearly zigzag so I have a better picture that sub wave 2 was expanded flat.
One rule of Elliott's wave is normally wave 4 will not overlap wave 1 (there is some exception but I think it does not apply to this time).
"
That was around 20 Apr.
Now
I think Myro just completed the subwave 2.
It is difficult to guess where it will end but I still think it should go lower than 0.1, my personal target is 0.055-0.091.
Let's see.
MYRO Is getting strongerMYRO is a coin that gave me good profits this year. Who is following me from some months, has achieved a good 8x on MYRO. Now i think we are ready for round two, and this coin is getting stronger. I think we will see a solid upside moves, my first target is the resistance area at $0.22 first and $0.32 second
$MYRO, how low it could go?We could see a selling pressure at .37, where price reversed and plummeted by almost 40% impacted by the recent market drop.
If we can get some good reaction around .22 to .20 area (local support), there's a chance we retest previous support .26 to .27
However, any rejection we get at this level (.26 to .27) is a short opportunity targeting .16 to .14
#MYRO/USDT#MYRO
The price is moving in a downward channel and adheres to it perfectly on a 1-hour frame, about to break to the upside
The currency has been listed on more than one trading platform, which gives it a strong bullish momentum
We have a positive divergence on the RSI indicator that strengthens the trend
Entry price is 0.2470
The first target is 0.2755
The second goal is 0.3045
the third goal is 0.3362
MYRO Bullish Momentum Alert: Buy for Maximum Profits!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
MYRO/USDT | 1W 👀The coin has demonstrated a very strong impulsive movement, which has evolved into a sustainable trend.
I don't see any reasons for the price to dump below, so I believe that it's reasonable to accumulate a medium to long-term position gradually at current levels.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of MyroSOL. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #$MYRO #Investment #$MyroSOL
MYRO/USDT Hit TP @ 0.035060, Update 30/03/2024MYRO/USDT nicely hit TP @ 0.035060 & brought for us a nice profits! ;)
G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS":
Stop Loss (SL): @ 0.19858 USDT
Entry Point: @ 0.24852 USDT
Take Profit (TP): @ 0.035060 USDT
PS: ( 1 ) Remember: recommended re-enter area is between Stop Loss (ST) & Entry Point.
( 2 ) If price went half way between Entry Point & Take Profit (TP), be patient please & wait for price retracement to ( 1 )- EP-SL area or for the next new set up ;)
Congratulations to all traders with healthy profits again! ;)
MYRO momentumI have held MYRO for a fairly long time and got in early. After taking profit twice I have noticed a broader channel forming. I expect a quick swing to my original next target of 45 cents, we could hit 50 cents though. At that point I will continue to layer out into Ai tokens to derisk. I plan on holding moon bags deep into this run though.