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WENUSDT trade ideas

Wen: Short-Term Wave (Trading Basics)This is a short-term chart because we are looking at the daily timeframe. The pair is WENUSDT, a cat. I don't know what the cat means but our focus is 100% on TA, and the chart looks good. In early 2024 WENUSDT produced a bullish wave coming out of a major low and reversal pattern. This pattern was small/short in time duration. The correction led to a higher low and we have a new reversal pattern, this time big/long in time duration. This is the law of alternation. While in the past the pattern was short, in the present in becomes long. The initial bullish breakout already happened in November, last month, and the highest volume session ended up being green. The highest volume since March 2024. Having the highest volume day being bullish reveals that the bulls have control of the chart. The bulls being in control means that we are set to see prices rising long-term. I am mapping a short-term move with growth potential of 82% and 149%. This can be hit within weeks after the move starts to develop. Say it takes 8 days for the next impulse. Once the impulse is in, the entire move can develop in 1-3 weeks. Long-term it can go much higher of course, but we like to consider all timeframes, fast and slow. Thanks a lot for your continued support. By the way, how to trade? Buy anticipating the next move. The main support is 0.00012000. If prices move to this level, buy more. Or you can quit at a loss. Above this level we are super bullish. Buy in anticipation of the next move. When prices move beyond 100%, collect profits and move to the next trade. You can use the targets on the chart, or you can extract your own targets. There is also a scenario where both targets are hit fast, within days. This too can happen, just as it can take longer than what we expect for prices to grow. We do not predict time, we work based on resistance and support. As long as a pair stays above our main support, the chart/pair is good. If it moves below, it breaks. When it moves above the first target we are in the bullish zone, and the rest is just to wait. The main selling for profits strategies are as follow: 1) Hold long-term and sell the major portion high up. 2) Sell each time the candles hit resistance on the way up. Both work fine. I like the one holding long-term and this suits better a big capital. A small capital would have to focus on making more moves in order to grow, but more moves can also result in more mistakes. You can make many moves as long as you are doing it ok. If you make a mistake, stop, take a break and comeback and try to catch the right flow again. When you are winning, double-up, increase, take risks. When you are losing, reduce position size, reduce risk or quit. Take a break. When doing good, do more. When doing bad, go away. Simple and basics. I love you. Namaste.
Long
by AlanSantana
2
WEN/USDT 1DExchange Kucoin, Bitget, Kraken, Htx, Mexc, Gate.io Key Observations:*1. *Current Price: The current price is 0.0001446 USDT. 2. Fibonacci Retracement Levels: - 0.236: 0.0001580 USDT - 0.382: 0.0002181 USDT - 0.618: 0.0002890 USDT - 0.786: 0.0003467 USDT - 1.0: 0.0004200 USDT - 1.618: 0.0006320 USDT - 2.618: 0.0009749 USDT - 3.618: 0.0013178 USDT - 4.236: 0.0015298 USDT 3. Price Targets: - 0.0002098 (145.92%) - 0.0013830 (960.36%) 4. Volume: The volume is 10.69 billion. 5. Trend Lines: Trend lines indicate potential price movements and support/resistance levels. *Analysis:*The chart indicates a detailed technical analysis with Fibonacci retracement levels and price targets. Here's a breakdown: 1. Fibonacci Retracement: The retracement levels suggest potential areas where the price might find support or resistance. These levels can help identify possible entry and exit points for trades. 2. Price Targets: The targets at 0.0002098 USDT (145.92%) and 0.0013830 USDT (960.36%) indicate significant potential gains if the price reaches these levels. 3. Volume Analysis: High trading volume suggests strong market interest and can confirm the validity of price movements. It’s crucial to monitor volume spikes for potential breakouts. 4. Trend Analysis: The trend lines show the general direction of the price movement. If the price breaks above the identified resistance levels, it could indicate a bullish trend. Potential Strategy:- Entry Point: Consider entering a trade near the current price of 0.0001446 USDT, especially if there’s a confirmation of upward momentum. - Stop-Loss: Place a stop-loss below the recent low to manage risk. - Profit Targets: Aim for the Fibonacci extension levels as potential profit targets, particularly 0.0002098 USDT and 0.0013830 USDT.
by AMIXIE
WEN: another awakening patternIf you follow me "somewhere else" you saw all those other alts on which I've identified an ascending triangle. Such pattern forms when chart prepares for a break out after a period of dumping/ranging. I don't believe in memecoins, at least I think they're on the same level of betting which makes them a bad investment. However this one is the only I have faith into. He has been fairly distributed to JUP users, it can count on a community which is alive and is accomunated by JUP, it's in the Solana Ecosystem which is currently the #1 for alts (alts and meme). I've read somewhere the token doesn't have many whales but I'm not sure about this. However, I got airdropped some and I bought some more. I tried buying 3 more meme in the past and it always went bad. I hope this one, considering the FA it'll go well. Meanwhile I think FA is on our side. Still a good buy IMO. Good luck!
Long
by Shotokhan
4
Wen not If.I think Solana ecosystem and memecoins one more time will have an own uptrend. MEXC:WENUSDT Possible Targets and explanation idea ➡️Since march we are build OF and 2 main pools will be a like magnet for uptrend ➡️Locally would like to see sweep August low and reversal move to 1'st pool ➡️On money power indicator like we could track only money outflow on D ➡️Added alert to track new money inflow on Daily and Weekly Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
2
WEN starting to gain momentum - preparing longMemecoin WEN has suddenly come back to life. As soon as WEN break the resistance at 0.00067 and have a successful retest, I think we quite fast can pass through 3 take profit levels. A potential retest of the horizontal resistance could be a good entry for a short or long time trade I see WEN as one of the memecoins with the best potential. I wouldn't be surprised if we see WENs price go bananas when the market goes full bull. I see WEN as a solid meme coin that can be sustainable in the long term... Non financial advice, I believe in WEN.
Long
by TaTaTaCrypto
Why WEN Could Reach $0.01: Raise Your Targets Now!In this technical analysis, we break down the reasons and factors suggesting that WEN could reach the coveted value of $0.01. We are on the brink of a bullish supercycle, particularly in the meme cryptocurrency sector, where cat-themed memes are gaining unprecedented relevance, similar to the phenomenon seen with Bonk (dog-themed). It's crucial for everyone involved to reassess and elevate their projections, as we are very close to achieving this milestone. With a projected market cap of $7 billion, the possibility of WEN surpassing the penny threshold is tangible. We cannot ignore the potential price impact if influential figures like Murad mention WEN on platforms like Twitter; such an event could unleash a wave of FOMO so intense it could potentially propel us to an unexpected value of up to a dollar. The community strongly supports WEN, and while its ecosystem benefits are evident, our immediate focus is reaching the penny mark. Dog-themed cryptocurrencies have fallen out of fashion, and capital rotation is heading towards memes with higher FOMO potential, with WEN being one of the most notable. See you on the moon, and remember to wear a helmet, because the WEN cat already has his on! The cat is cute.
Long
by winnerwinnerchickendinnerWIN
2
Buy Trade Idea for #WENDescription WEN is a rising cryptocurrency that is building a name for itself in the decentralized ecosystem. Here are the key fundamentals supporting a buy trade for WEN: - **Scalable Infrastructure:** WENBuy Trade Idea for WEN is built on a highly scalable blockchain network, enabling fast and cost-effective transactions, which makes it suitable for a wide variety of decentralized applications (dApps) and use cases. - **Growing Ecosystem:** The WEN ecosystem is rapidly expanding, with increasing developer interest and partnerships across multiple sectors, contributing to its growing adoption. - **DeFi and NFT Integrations:** WEN supports decentralized finance (DeFi) projects and non-fungible tokens (NFTs), which are driving significant activity and engagement on its platform, further enhancing its utility. - **Community-Centric Governance:** With a focus on decentralization, WEN incorporates a governance model that empowers its community, allowing holders to participate in key decisions and protocol improvements. These strong fundamentals indicate that WEN could offer a compelling buy opportunity for investors seeking exposure to a growing and innovative cryptocurrency. Disclaimer Trading and investing in cryptocurrencies involves substantial risk and may result in significant losses. The content provided here is for informational purposes only and should not be considered financial advice. Cryptocurrencies are highly volatile, and price movements are influenced by numerous factors. Always conduct thorough research, consider your risk tolerance, and consult a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Long
by MoonTradingForecast