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.
MEWUSDT.P trade ideas
MEW: 0.004 hello kitty this can be top 10 coin when cat lovers and airdrops come blessing with huge gains
90% burned
all the weak are gone it is time for MEW to make a statement
technical looks about to fly
fundamentally its the sexiest coolest cat in the space
and it can be rewarding for few who can buy sit and forget about it
MEW Illuminating the Path: Get In on the Buy Action Today!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
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3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
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sol and meme1,old money already getting rich in stock market.old money will involved.
2,old money wont pump old coins,cause old coins have to much obsession.
3,sol network is trash, dangerous than eth,but sol gas is cheap, new user especially girls wont use eth transfer meme coins. so sol maybe is the biggest star in this bull market.
4,at sol chain,meme coins must pump to attracked newbie to came in.also sol pumpping need a reason,meme coin pumpping is the best reason.
5,so buy meme coins in sol chain is the right way. but need notice the time variable.if getting involved is the wrong time, will get a lot of pain affect the result.
buy mew.
0.0063
0.02-0.06 is the final price.
20240412
