I have enough data to try this new setup. We expect to see a pullback this week; it would be ideal to enter below $0.00003. If the price continues to rise, we should act, but with a smaller position.
Overall, it's a solid setup in case of a dip. It has shown more strength compared to other coins, which is why I continue to trade it. Stick to $VELO,
CAT, $POPCAT, and $REEF—these are showing strength, while others are still in limbo.
Overall, it's a solid setup in case of a dip. It has shown more strength compared to other coins, which is why I continue to trade it. Stick to $VELO,
CAT, $POPCAT, and $REEF—these are showing strength, while others are still in limbo.Trade active
Small dip below $0.0003.I wanted to get more fills below this level, but I'll take what the market offers.
Let’s see how far it can go.
Trade active
It looks a bit exhausted. Not a lot, but I could see a small retracement here.
If that happens, I'm willing to bid at 0.00004. Otherwise, I’ll just hold toward my target.
Note
Had the retest. I'm now waiting for continuation. However, I could see a lower level retest around 0.000038 if the weekly open fails to hold. 😺🐾There's no need to worry, though, as the trend is still strong and invalidation is further down
Trade active
Added some here at $0.000038Let's see how it reacts
Trade active
Great reaction off this zone!Now we’re waiting for the next targets. I’ve adjusted everything since the previous trend expired; a new one has just formed, and we were able to buy much lower before it confirmed.
Looking at how it behaved yesterday, we have the following:
Expansive candle reacting to support 📈
New active trend for 7 days ⏳
Holding the weekly opening at $0.000040 💵
Objectives on the chart... Let's hold for now. 🔒
Trade active
This is a must hold for me. If it breaks Ill exit and wait for $0.000032
Trade closed manually
Failed current setup. I’ll update with new entries as a new setup is on the horizon.For now, it points to consolidation, as it clearly has run out of gas.
Trade active
This is good enough for me. Entered hereTrade closed manually
I’ll wait now. I’ve had two wins and two losses on this one.I need to relax and see how it develops over the week.
There might be a nice SFP here to move higher, but I’ll hold off for now since I just experienced two small consecutive losses. Patience is key!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.