MEMEUSDT
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SHORT #MEMEUSDT from $0.022963 stop loss $0.023052
15m TF. The instrument formed a descending structure in the form of a triangle with a decrease in the price maxima along the trend and trading volumes, which indicates the predominance of sellers in this situation. Also, the preload goes to a cascade of several support levels, confirmed by a lot of touches with the accumulation of stops of long participants.
I expect to see consolidation along the levels, the appearance of activity and volumes before the impulse breakdown on the stops.
15m TF. The instrument formed a descending structure in the form of a triangle with a decrease in the price maxima along the trend and trading volumes, which indicates the predominance of sellers in this situation. Also, the preload goes to a cascade of several support levels, confirmed by a lot of touches with the accumulation of stops of long participants.
I expect to see consolidation along the levels, the appearance of activity and volumes before the impulse breakdown on the stops.
SHORT #MEMEUSDT from $0.025999 stop loss $0.02603 $MEME
30m TF. The instrument is in a local downtrend. The price approached the local support level at the round number 0.02600, which presumably accumulated liquidity. The traded volume on this instrument of 218 million means that the coin is interesting to market participants, we expect another touch and consolidation near the level and an impulse breakdown, entering the transaction only with activity in the glass! An additional basis will be the density in the glass at the level.
30m TF. The instrument is in a local downtrend. The price approached the local support level at the round number 0.02600, which presumably accumulated liquidity. The traded volume on this instrument of 218 million means that the coin is interesting to market participants, we expect another touch and consolidation near the level and an impulse breakdown, entering the transaction only with activity in the glass! An additional basis will be the density in the glass at the level.
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Remember, trading involves risks. Regularly monitor the trade and adjust parameters based on your risk tolerance and strategy.
This information is not financial advice. Conduct thorough research or consult with a financial advisor before making trading decisions.
$MEME $LUNC $BTC
Remember, trading involves risks. Regularly monitor the trade and adjust parameters based on your risk tolerance and strategy.
This information is not financial advice. Conduct thorough research or consult with a financial advisor before making trading decisions.
$MEME $LUNC $BTC
LONG #MEMEUSDT from $0.031 stop loss $0.03 $MEME
1m TF. The price is in a large downward movement, within which we have formed a valid buyer's interest zone stb, and also reproduce manipulation over local minimums, which confirms the probability of a local correction with the aim of breaking through the downward slope and a cascade of resistance levels in the range 0.0314-0.032$, as well as a test of the seller's interest zone ob
1m TF. The price is in a large downward movement, within which we have formed a valid buyer's interest zone stb, and also reproduce manipulation over local minimums, which confirms the probability of a local correction with the aim of breaking through the downward slope and a cascade of resistance levels in the range 0.0314-0.032$, as well as a test of the seller's interest zone ob
SHORT #MEMEUSDT from $0.0338 stop loss $0.0347 $MEME
5m TF. The coin has formed a descending triangle formation, we can observe the price maxima along the trend line to a clear support level of 0.03285$, behind which there is a large accumulation of retail traders' stops, also as the price decreases, it shows liquidity seizures from local highs, which confirms the short narrative.
I am waiting for a smooth approach to the level, the appearance of volumes and activity in the glass before the breakdown.
5m TF. The coin has formed a descending triangle formation, we can observe the price maxima along the trend line to a clear support level of 0.03285$, behind which there is a large accumulation of retail traders' stops, also as the price decreases, it shows liquidity seizures from local highs, which confirms the short narrative.
I am waiting for a smooth approach to the level, the appearance of volumes and activity in the glass before the breakdown.
