From last analysis I entered at 0.018 and had a 5% stop loss as there was a possibility it was the bottom. But I was stopped out 😔as SLP went further down towards 0.01 and eventually bounced upwards at 0.088. I managed to opened a new position at 0.0111 and now in nice profit. SLP may range for a while at the current level 0.018 as it did previously before going...
SLP has corrected ~95% from ATH. Not much room to go any lower. From EW perspective it looks like it has completed/completing wave 5. Looking like it has found support at around 0.018 with a few spikes in prices with good volume which is a good indication. Log charts shows a better perspective of dynamic downwards resistance line that need to be broken in...
After breaking out of decending trendline with good volume, Sand is now coming down to retest the support. High probability to see bounce from the dynamic support and continuation of trend upwards. Target is recent high of 5.2 Moonshot of 7.0 Tight stop loss in case btc dumps the market.
Doge is currently completing ABC correction. Good place to catch before it continues higher. Reasons to be bullish 1. Breakout of trend with strong volume and holding. 1. Younger brother SHIB profit takings now flowing into DOGE. Exactly what I did. 2. Flash crash of BTC while DOGE kept relatively still. 3. All meme coins have had a rally except for DOGE. Buy...
SHIB completed the D wave and is now in an ABC downtrend to test the bottom of the triangle. Wait for candle to touch the support, then enter when price spike with volume. Tight stop loss.
SRMUSDT is currently at the handle formation of the cup and handle pattern. Strong support at 6.8 - triple bottom reversal could be in play too. Extending the depth of the cup, we see the price prediction of around 16. Concerns; 1. The handle is 50% drop from previous high and sharp fall. 3. Stop loss at 6.6