MEW/USDT Just hold...BYBIT:MEWUSDT.P
This idea has a long-term profit target.
All targets are indicated on the graph.
- Risk 1-3% on deposit
- R/R min 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
Mew
MEW target 0.009534h time frame
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Entry: $0.004
TP: $0.00953
SL: $0.003375
RR: 8.88
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(1) Creating an ascending channel pattern
(2) Getting support on the channel bottom again, also a great entry
(3) Target is set at the channel top based on time and space analysis
(4) Fib extension 1.13 provides the same target as (3) at $0.00953
(5) Stop loss once going below $0.003375
MEW/USDT Opened a long position from this trade as bullish divergence in the 1D tf was noticed. If you zoom out the picture, you can see an ascending line (purple line) that holds as its resistance
MEW/USDT NEW INCREASE VOLUMEMEW/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
MYRO Update (4H)From where we placed the green arrow on the chart, it looks like a new pattern has formed and we are now in wave C of this pattern.
We have a supply range which is a good resistance range. In this range, the price can be rejected downwards.
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
Mid-term price growthMEW is currently within an identified support range, considered a safe entry point for investors. This support range can prevent further price declines and act as a starting point for an upward movement.
Price Targets:
If the price rebounds from the support range, the price targets are at $0.0065 and $0.007. These resistance levels are considered target points for investors and can indicate significant price growth.
MEW — Another Unsuccessful Break Out Attempt!
After its latest pump in mid-July, MEW has entered a bull flag pattern. Moreover, we've seen a couple of breakout attempts—so far, all unsuccessful.
Just yesterday, we had the next attempt, which was also driven by an enormous volume spike. However, the resistance remained strong, and MEW was rejected. Even today, MEW tried to push but didn't reach the trend line.
Once MEW manages to breakout to the top, we could quickly see a rally of 60% (calculated based on the previous pole flag). Accordingly, a level of 0.012 is possible.
However, an entry should be based on a breakout and confirmation on a higher timeframe. A stop loss can be placed slightly below the trend line.
BOME breakout soon?BOME is attempting to breakout from the triangle pattern
If the price can stay above .009 to .008, I'm expecting a massive breakout targeting poor highs around .014 (initial target)
Seems like an obvious play if it could run like WIF and POPCAT over a few days
TARGETS:
$0.014
$0.018
$0.022
MEW: Buy or Wait?The trading volume is 51.691M MEW, indicating significant market activity.
The SMA is at $0.007526, indicating that the current price is slightly above the moving average, which can be a bullish sign.
The histogram value is 0.000062, MACD line is 0.000107, and the signal line is 0.000046, indicating a bullish trend.
%K at 79.62 and %D at 79.77, indicating the asset is near overbought conditions.
The RSI stands at 64.19, suggesting that MEW is approaching overbought conditions but still has room for growth.
Market Sentiment
The market sentiment for MEW appears cautiously optimistic. While the RSI and Stochastic Oscillator indicate nearing overbought conditions, the MACD suggests bullish momentum.
Potential Market Scenarios
Bullish Scenario:
A decisive break above the local resistance at $0.008816 could lead to further upward movement, targeting higher resistance levels.
Bearish Scenario:
If MEW fails to break above the local resistance, it could retest the support levels at $0.007538 and $0.007051. A break below $0.007051 could signal further declines.
When to Buy MEW for Investment
Current Situation:
Given MEW's current price at $0.007959 and the technical indicators suggesting potential overbought conditions, a cautious approach is warranted.
Optimal Buying Strategy:
Wait for a Pullback: Considering the Stochastic Oscillator and RSI indicating near overbought conditions, waiting for a pullback towards the local support level at $0.007538 could offer a better entry point.
Solid Support Level : If the price drops further, the solid support at $0.007051 is a strong level to consider for investment. Historically, MEW has found significant buying interest at this level, making it a safer entry point.
Gradual Accumulation: Alternatively, adopting a dollar-cost averaging (DCA) strategy by buying small amounts at regular intervals can mitigate the risk of market timing and take advantage of potential dips.
Conclusion and Market Outlook
MEW is currently positioned with significant support and resistance levels to watch. While technical indicators suggest potential overbought conditions in the short term, the bullish MACD and overall market activity suggest room for growth.
Impact of Bitcoin:
It's essential to note that Bitcoin (BTC) is currently at a crucial level. If BTC fails to surpass its all-time high and experiences a significant drop, it could negatively impact the broader cryptocurrency market, including MEW. Monitoring BTC's price action is vital for understanding potential risks to MEW's price movements.
Huge comeback for $MEW!Cat-themed coins are dominating the charts!
MEW is one of the top CAT meme coins, along with POPCAT . These coins have been showing strong performance.
With all this momentum, I believe we’ll see a new ATH for MEW soon.
Chart looks primed though we need .008 to hold (VAH)
If .008 breaks, the level I'm watching is .0077 to .0073 for potential long, targeting .0093 to .010 (short-term)
cat in a dogs world MEW memecoinMemecoin #MEW ... 😱
1️⃣ On the one hand, it looks like all the coins are unlock, and the price has entered the liquidity zone, and the meme is on #Solana (it's a trend that memes are pumped on $Solana...)
2️⃣ And on the other hand, the altos are so easy to fall that the price of #MEWUSDT can fall in the range of $0.00314-0.00344 in just a few candles
Observe or take risks - it's up to you
MEW Update (Bullish)This symbol is one of the symbols of the Solana network.
It looks like we have an ABC pattern on the chart.
Wave B looks like a triangle that has ended.
By fixing on the red box, it can move up to ATH.
A daily candle close below the red box will violate the move towards the ATH
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MEW analysis (6H)It seems that a large pattern (triangle or diametric) is forming, and we are now in wave D of this pattern.
The D wave pattern can have several scenarios, but a supply and demand range can be determined for MEW.
In the demand range, we can look for buy/long positions
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
moving towards the next resistanceMEW has significant support at $0.0040 area. This strong support level suggests that buyers are likely to step in at these prices, which could prompt a move towards the next resistance levels at $0.0050. Given this setup, it is worth keeping MEW on your watchlist.
MEW Retesting Resistance area holding 0.004059
ready to break out to resistace area 0.005745 $
buy and hold
DYOR
if you have many opinion pls coment
MEW continues to get weaker. Descending triangle on the daily.
Notice how the supply zone (red box) maintained an aggressive resistance.
Previous demand zone later turned into supply zone (purple box) that the price couldn't sustain.
If this breaks the triangle, it may see some bids in the demand zone (green box) of the previous ATL.
Overall, bearish.
Educational purposes only. Not financial advice.
Memcoin MEW analysis updateMEW Time 4H currency analysis update
According to the specified liquidity level, there is a possibility of a short-term downward correction, and from the specified support range, after seeing the entry trigger, we can see a good growth of this meme coin.
Short term analysis of memcoin mew#watch_list of MEW time 4H currency
The price is breaking its own dynamic resistance and if it stabilizes above this range, we can expect the upward trend to continue and there is a possibility that the price will reach the specified targets.
mewSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
