Memetic, looks like has break falling channel on Bittrex exchange. Collecting itself and accumulation time, good luck and break a leg!
While high/mid caps are retracing/breathing, micro caps are still on the move. Memetic is forming another green candle setting a new 85-day high. A long position can be entered right now with a greater than 1:3 risk-reward ratio. Support below red line is particularly strong, offering a lot of protection for our stops. BITTREX:MEMEBTC Market Cap : $362,875 USD 42 BTC
i've bought something, looks interesting, no kidding at all. Warning the delist :/
Actually i made this earlier my first target achieved (Green), Next target Yellow and Red
Memetic does look pretty awesome from the technical perspective, it has been bouncing off the 200 Moving Average for an extended period of time after which it broke above the $0.4 resistance and now there is clearly a higher highs, higher lows pattern. After breaking above the $0.4 resistance price retraced back and rejected the uptrend trendline. Currently, it...
So, as we've posted this one yesterday already, we need to update it. It's in a falling wedge and seems to have found support on the lower level instead of the charted one yesterday. In this one for a swing. If it drops down, use a stop/loss!
Memetic, a nice swingtrade coin. This one will retest the support soon, checking if it might go up for a new leg. I'm not that bullish on this one, as on the previous pumps, it dropped down back to the earlier resistance (new support) level. If it does breakout, we can expect another pump. Reasons for negativism: RSI is not turning high or above 50. MACD is also...
Interesting sideways play...what you guys think?