MYRO failed to pump as i was previously expecting. I think we will see another leg down before pulling back up. I am monitoring the price action and i will look closely the $0.12/0.10 area. This is a strong support zone were price could perform a reversal pattern and come back to new highs
Below is the analysis that I was banned due to wrote English in my local website.
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In previous wave count, I thought sub wave 2 was zigzag.
However, since now sub wave 4 is clearly zigzag so I have a better picture that sub wave 2 was expanded flat.
One rule of Elliott's wave is normally wave 4 will not overlap wave 1 (there is some exception but I think it...
Updating my analysis from .076 to .30, which was pretty spot on though MYRO moved on a much faster scale than I anticipated. Using the same analysis looking at WIF, which Myro has always followed closely behind and is on the same blockchain of Solana, we can expect similar movement now that it has broken out from it's previous peak ATH of .26, made a new ATH and...
Some slight adjustments to my previous post - Myro actually moved on a much faster timeframe than I anticipated and it's pivot points were slightly higher. Today we say a solid consolidation after hitting .16, and then a swift 20% drop across crypto that was quickly bought back - this shook out a lot of leverage on both sides and has primed Myro among other coins...
MYRO has always trailed about a month behind WIF's trajectory and price. My earlier analysis from MYRO's second breakout on February 27th was almost spot on, and then my second analysis from March 3rd on the .30 target was also accurate, if not underestimating the rate at which it climbed well past the target.
Now this is amending my latest analysis which...
MYRO is a coin that gave me good profits this year. Who is following me from some months, has achieved a good 8x on MYRO. Now i think we are ready for round two, and this coin is getting stronger. I think we will see a solid upside moves, my first target is the resistance area at $0.22 first and $0.32 second
It is one of the famous symbols of the SOL network, which is trending.
It seems to have formed a large diametric which is now at the end of the E wave.
If it reaches the green range, you can look for buy/long positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management,...
Since we have a quick and small zigzag in minor wave 2, here we still endure with a slow flat wave 4.
I think it will go down below 0.1 but not sure where it end (previously estimate at 0.05-0.08 but it was a pure guess).
We could see a selling pressure at .37, where price reversed and plummeted by almost 40% impacted by the recent market drop.
If we can get some good reaction around .22 to .20 area (local support), there's a chance we retest previous support .26 to .27
However, any rejection we get at this level (.26 to .27) is a short opportunity targeting .16 to .14
#MYRO
The price is moving in a downward channel and adheres to it perfectly on a 1-hour frame, about to break to the upside
The currency has been listed on more than one trading platform, which gives it a strong bullish momentum
We have a positive divergence on the RSI indicator that strengthens the trend
Entry price is 0.2470
The first target is 0.2755
The...
**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...
The coin has demonstrated a very strong impulsive movement, which has evolved into a sustainable trend.
I don't see any reasons for the price to dump below, so I believe that it's reasonable to accumulate a medium to long-term position gradually at current levels.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that...
