Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
I'm not going to put much thought into this chart. It's a memecoin. We have a -93% drop from the top and 2 potential more drops if the market crashes. a -95% and -98% drop from the top, bringing price levels to 0.03 and 0.01
R/R ratio: 13.91
Possible upside: 1211%
Possible downside: -87%
Out of all the charts, this coin has the biggest possible downside. And that is because we all know its a memecoin. Therefore, I do not recommend you leverage trading this at all. Also do not put in any money you aren't willing to lose, all meme coins are a gamble.
I repeat, all meme coins are a gamble. Not an investment.
I'm not going to put much thought into this chart. It's a memecoin. We have a -93% drop from the top and 2 potential more drops if the market crashes. a -95% and -98% drop from the top, bringing price levels to 0.03 and 0.01
R/R ratio: 13.91
Possible upside: 1211%
Possible downside: -87%
Out of all the charts, this coin has the biggest possible downside. And that is because we all know its a memecoin. Therefore, I do not recommend you leverage trading this at all. Also do not put in any money you aren't willing to lose, all meme coins are a gamble.
I repeat, all meme coins are a gamble. Not an investment.