That looks tough! Bearish trading signals all over the place on the 1H chart. Hope it don't get bloody. | Ben Walther στο Binance Square

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That looks tough! Bearish trading signals all over the place on the 1H chart. Hope it don't get bloody. 

Αποποίηση ευθυνών: Περιλαμβάνει γνώμες τρίτων. Δεν είναι οικονομική συμβουλή. Ενδέχεται να περιλαμβάνει χορηγούμενο περιεχόμενο. Δείτε τους Όρους και προϋποθέσεις.

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Why BRETT Can Pump Another 115% 👆 Brett delivered an amazing performance in May/June, surging over 500%. Logically, it entered a healthy consolidation phase after this massive pump. After hitting the local high (0.19) in June, Brett initiated a bull flag pattern, and the price descended 30% to 0.125. To clarify: Such a correction is healthy and needed — especially after a 500% pump. Moreover, the pattern Brett currently prints is a bullish continuation pattern. Accordingly, there is a high chance of an outbreak at the top. In this case, Brett has to tackle the resistance at the latest top in a first step. Based on the current price, this has a potential of 30%. And here's the spicy part: Once this resistance falls, the next logical resistance sits at 0.3, resulting in a potential of 115%. From a market cap point of, such a move would catapult Brett to the level of FLOKI, WIF, or BONK. $BRETT #BRETT

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Once This Resistance Breaks, PEPE Will Fly High 🚀 Pepe has been trying to break its significant resistance at 0.000013 for almost two months. Overall, we counted seven breakout attempts, all of which were rejected immediately. Just over the last 7 days, Pepe made three attempts to break out. Given that the overall market has moved sideways recently, there is a considerable risk that Pepe won't be able to hold the current level and dive deeper. Logically, the risk increases with every failed breakout attempt. However, that should only be short-lived. Once Pepe finally breaks out, we can expect a massive pump. As a rule of thumb, the longer it takes to break out, the higher it can fly. In this case, I keep my target at the 0.000024 level. Nevertheless, I won't enter a trade before if the price closes and gets confirmed above the resistance zone. $PEPE #pepe⚡

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MYRO — How To Approach A 65% Profit Target 🚀 MYRO 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 won't 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. $MYRO #MYRO

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CVX Update — Ongoing Downtrend, But Signs Of Hope! CVX was hyped massively when it pumped like crazy one month ago. However, it equalized the entire pump just a couple of days later. Yesterday, we saw another big green candle. Immediately, you found tons of moon posts. With this post, I want to provide an unbiased picture about CVX and answer the questions about why I won't take trades on higher timeframes yet but will have a closer look at lower timeframes. Let's dive in! When checking the CVX chart, you have to keep a close eye on three essential areas. First, there's the long-term downtrend. This trendline started in 2022 and is essential for long-term trades. If the price is below this trend, I don't consider long trades on higher timeframes. Besides, we have resistance at ~4.2 and resistance at $3. Currently, CVX is trying to break above the $3 resistance. The first step is a close above and confirmation on the daily chart. A trade setup aiming for the 4.2 target can make sense if this happens. However, this has to be evaluated in detail at that time. However, CVX was rejected and dived below the resistance at the time of writing. Summarized - For long-term entries, watch the downtrend line. Don't enter before the trend has broken. - Short-term setups can try to trade the area between 3-4.2 once the 3-resistance has been climbed and confirmed. $CVX #CVX

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JASMY — Ichimoku Analysis! Here's my latest video, in which I analyze JASMY based on the Ichimoku system. Tune in! $JASMY #jasmyrocket

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