MEW Looks Bliish (4H)An important trendline has been broken, and the price has pulled back to it. Within the internal structure of the pullback, a bullish iCH has also formed.
During minor pullbacks, it’s possible to look for buy/long positions on the MEW pair.
A daily candle closing below the invalidation level would invalidate this 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
Mewanalysis
cat in a dogs world #MEW price analysis🍿 Despite all the "trash" that has been happening on the crypto market lately and will continue at least today, someone decided to try their luck or has a clearly calculated plan!?)
1️⃣ Trading volumes of OKX:MEWUSDT are growing smoothly but steadily and now the price is at a critical point, so buying is dangerous.
2️⃣ But it is most likely worthwhile to “take a pencil” and monitor the future behavior of the $MEW price.
3️⃣ If the #MEW price manages to stay above $0.0030-0.0031 in the next few days, you can try buying with a growth prospect of x2 to 0.0056-0.0058.
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Cat in a dogs world MEW price is pleasantly surprisingIt seems that MM algorithms are still comfortable trading #memecoins and their capital is there. The price moves very clearly from level to level, for example $MEW 👇
The preliminary impulse from our purchase zone in a very short time gave a +150% price movement OKX:MEMEUSDT
Of course, now the price of this #SolanaMemeCoin is “a little bit high”, but you can try your luck and pick up a long in the range of $0.0063-0.0075.
What do you think, will it be possible to take away +100-130% of the price movement?
Yes 👍 No 👎
MEW target 0.009534h time frame
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Entry: $0.004
TP: $0.00953
SL: $0.003375
RR: 8.88
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(1) Creating an ascending channel pattern
(2) Getting support on the channel bottom again, also a great entry
(3) Target is set at the channel top based on time and space analysis
(4) Fib extension 1.13 provides the same target as (3) at $0.00953
(5) Stop loss once going below $0.003375