$MYRIA Trading IdeaMYRIA/USD the web3 gaming platform formed another ascending triangle for a potential another leg up. Still waiting and full send after a breakout.
MYRIAUSDT.P trade ideas
MYRIA - Elliott Wave AnalysisIn the first rally we can count 5 Waves up (white 1) followed by a retracement into the typical Wave 2 support (white 2) between the 0.786 (at ~0.0048) and 0.5 (at ~0.0098) Fibonacci retracement where we got a bounce from (green 1).
We assume the latest bounce was the 1st Wave (green 1) of the 3rd larger Wave (white 3) and we are currently testing the Wave 2 support which is shown in the chart.
Now we expect the 3rd Wave rally (green 3) of the larger 3rd Wave (white 3) to come.
The first target of the green 3rd Wave is ~0.23 - 0.24 which is also the 1 to 1 target of the white 3rd Wave. Duo it being an "altcoin" it is possible to get an extended Wave 3 with shallow retracements along the way due the bullish market sentiment at the moment.
Additionally it is possible to draw a cup and handle pattern where the decline of the past days is the handle in form of a downtrading channel. Here you would be looking for a break and retest of the channel.
A sustained drop below 0.0082 decreases the probabilities of the imminent bullish set up and indicates a potential reset of the white Wave 2.
NO FINANCIAL ADVICE.
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Trying this scalp.
MYRIA long - 130% to local top MYRIA - WEB3 gaming
MYRIA looking strong after big pull back.
130% to all time high - local top.
A 40% move look like a reasonable target, 0.382 Fib-level.
I also think it's a golden opportunity to DCA.
MYRIA long setup hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
myria looks bearish im new to this space tell me what you think
i see support at the 0.007 area and a strong down tren and weaken up trend about to be lost due to the stoch rsi numbers and the fib
im a brand new to the space person this is my first chart plz give me feed back
MYRIA due another pump?MYRIA is playing with the 0.618 retracement; could it be looking to break to break-out of a short term down trendline? Alts might be a bit fishy at this time as the market tries to figure out the ETF news, however there is a lot of buzz around Myria at the moment. I suspect it will breakout but then consolidate along the long-term uptrend line, until the market picks up volume.
MYRIA possible next move.Ofcourse there's still a chance that it might continue lower, but considering BTC cycle from past years, I think this will be most likely to happen.
#MYRIAUSDT
This is not a financial advice, it is not 100% guarantee, and I only share based on what I see.
MYRIA - soon in price discovery mode Greetings,
In the year 2020, GALA made a significant impact within the cryptocurrency gaming sector. Allow me to introduce you to a novel crypto gaming endeavor named "MYRIA." Upon closer examination, I have identified a multitude of similarities between GALA and MYRIA, to the extent that one might categorize MYRIA as a GALA derivative.
MYRIA has implemented a node system, which currently bestows approximately 1.8K tokens per day to node owners. However, it is essential to note that the token reward is subject to daily reduction, which is poised to exert upward pressure on the token's value in the near future.
I am of the opinion that MYRIA will soon enter a phase of price discovery. In the accompanying chart, you will observe a strikingly analogous pattern on the 1-hour timeframe, which has previously led to substantial gains. Nonetheless, I intend to consider profit-taking in the vicinity of the 0.0068 price level.
Disclaimer: This message is for informational and educational purposes only and should not be considered as financial advice. Cryptocurrency investments carry risks, and you should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
I encourage you to share your insights and perspectives in the comments section and to stay connected for additional insights on cryptocurrency projects.
Best regards,
