MYRO its everywhere- CUMULATE pattern. trading accumulation.MYRO in a giant H rounding bottom CUMULATE pattern.
One of my Accumulatin patterns with
successive HL´s on the backside( see trendline )
and clear frontside risk. ( wick low or prior HL)
I spotted these DISTRO and CUMULATE patterns when BTC topped out in Mai 2021.
Since then I have categorised the, into 4 standard types and some deviations.
Rounding Bottom, " gearing" type is a very common form and easy to spot
and easy to trade.
Play the backside HL´s and follow thorugh or stop out.
As simle as it gets.
You could make a living just playing my 4 DISTRO and CUMULATE patterns.
MYROUSDT trade ideas
🐕🦺 $MYRO | MUST LOVE DOGS | Part III 🐕🦺You love dogs. I only love myro. We not the same. \\
Jk - Last time I took this trade, I jumped in with $750 0n 10x leverage at 6c and walked puppy up to 17c, then increased margin to 20x, and came out with a 72x gain, exiting between 39c & 40c. Its been my best trade of the year. I like the dog. Its going to a billy and thats just that.
$MYRO is cutee
MYROUSDT Maybe it is time to buyI thought that the major wave 2 correction should end at 0.092 for quite sometime. However, there are 2 things I think it make my thoguht is wrong.
1. This sideway is too long to be subwave 4.
2. Yesterday candle broke sideway trend and today candle retest it then go up.
I start to buy and hold my position from today.
Yeah, I might wrong again.
MYRO/USDT | 1D 👀It's worth considering for a purchase.
After the listing, the coin underwent a correction and entered a local accumulation phase. This was followed by an element of a bullish paradigm - a pump of around 600% and a subsequent correction.
- Not financial advice, trade with caution.
#Crypto #MYRO #Investment #MyroSOL
✅ Stay updated on market news and developments that may influence the price of Myro. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
MYROUSDT another subwave completion butMYRO just finished another rally at 0.18x and now is in correction.
The possibility are still 2 ways now.
1. A retracement of subwave 2 before going a bigger rally to new high.
2. A final retacement to complete major wave 2 around 0.09 - 0.12
Really don't know which one but in my mind still option 2.
Myrousdt Rising ChannelMyrousdt is displaying characteristics of a potential ascending channel, indicating a bullish trend. Within this channel, there is evidence of a bullish flag forming, suggesting further upward movement in price.
A buyback zone has been identified within the channel, offering an opportunity for buying the coin. Targets for potential price levels are indicated on the chart, providing guidance for traders.
It is crucial to monitor the stop-loss line, as it represents a significant area where price reversal could occur. Implementing a stop-loss strategy helps mitigate risk and protect investments.
We encouraged everyone to share their views and insights on the coin.
MYROUSDT which way?Yesterday candle proved me wrong that it is in subwave5.
I look at the bigger picture again at daily timeframe and there are many possibility. So this time it is the first that I will go with neutral.
1. If major wave 2 has completed, you will see a bigger rally. I make a green square in the past and just copy to today to illustate timeframe.
2. If major wave 2 has not completed yet, it is still in subwave 4. I still insist that it should go below 0.1 or at least close below 0.126.
Counting wave forward is just a guess. No one know.
If you ask my opinion, I still go with 2.
Let's see.
MYROUSDT do not hurry to buyI will first answer the question to someone ask me a timeframe to hit my personal target 0.065 - 0.091.
First of all and always need to say, it is just a pure guess.
To 0.1 - 0.091 in 1-4 days.
To 0.091 - 0.065 I am not sure that it will reach this area but consider BTC correction I bet it will arrive somewhere between this in 4 days - 2 weeks.
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I think MYRO is in minutte wave 3 of minute wave 3 in subwave 5 of minor correction wave C.
I think MYRO has a running flat in subwave2 which result in a strong correction in subwave 3.
Once subwave 3 is completed, I will make another guess for a end point of subwave 5.
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I forgot one thing.
As you can see that major wave 1 took 114 days to complete. Now MYRO in major wave 2 and until now it takes 48 days. I think now market still bullsih but it is in correction, wave 2 will not take so long. I guess this wave 2 should end around 60 - 80 days.
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True victory will eventually come to those who can wait.
MYRO UpdateMYRO failed to pump as i was previously expecting. I think we will see another leg down before pulling back up. I am monitoring the price action and i will look closely the $0.12/0.10 area. This is a strong support zone were price could perform a reversal pattern and come back to new highs
MYROUSDT I think now is final correction wave.Below is the analysis that I was banned due to wrote English in my local website.
"
In previous wave count, I thought sub wave 2 was zigzag.
However, since now sub wave 4 is clearly zigzag so I have a better picture that sub wave 2 was expanded flat.
One rule of Elliott's wave is normally wave 4 will not overlap wave 1 (there is some exception but I think it does not apply to this time).
"
That was around 20 Apr.
Now
I think Myro just completed the subwave 2.
It is difficult to guess where it will end but I still think it should go lower than 0.1, my personal target is 0.055-0.091.
Let's see.
MYRO Is getting strongerMYRO is a coin that gave me good profits this year. Who is following me from some months, has achieved a good 8x on MYRO. Now i think we are ready for round two, and this coin is getting stronger. I think we will see a solid upside moves, my first target is the resistance area at $0.22 first and $0.32 second
$MYRO, how low it could go?We could see a selling pressure at .37, where price reversed and plummeted by almost 40% impacted by the recent market drop.
If we can get some good reaction around .22 to .20 area (local support), there's a chance we retest previous support .26 to .27
However, any rejection we get at this level (.26 to .27) is a short opportunity targeting .16 to .14
#MYRO/USDT#MYRO
The price is moving in a downward channel and adheres to it perfectly on a 1-hour frame, about to break to the upside
The currency has been listed on more than one trading platform, which gives it a strong bullish momentum
We have a positive divergence on the RSI indicator that strengthens the trend
Entry price is 0.2470
The first target is 0.2755
The second goal is 0.3045
the third goal is 0.3362