MEME Update
Updated
The movement of the previous analysis was done well.
Note, the MEME data on the chart is a small data and the analysis may be wrong. It is a meme coin and has its own risks.
It looks like we have a triangle with an extra X branch on the chart.
We enter buy/long position only when this risky coin reaches the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Note, the MEME data on the chart is a small data and the analysis may be wrong. It is a meme coin and has its own risks.
It looks like we have a triangle with an extra X branch on the chart.
We enter buy/long position only when this risky coin reaches the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
We have zoomed in on the chart to see the movements better. Two initial moves were made.From the top to here, it has dropped more than 40%
To take a buy/long position, you need to look for confirmation and trigger. Do not enter buy/long position without confirmation
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