Meme coins are meme coins and obviously hold no real world value of any kind yet remain a tradable asset and look extremely bullish...
This is a daily chart of this cycles favorite meme pepe. Price has broken above and consolidating above the previous high. Most importantly we can see that volume has trended to near zero while price has held this level.
Current Trading Plan:
CAPTIAL RISK = 100%
Look for trend to continue for a doubling of the range 3x higher. The syemtrical triangle pattern currently forming has a terribly bad probability of fake out brake outs on both sides with a small dip before continuation.
Trade Well...
Your Friend,
Degen
This is a daily chart of this cycles favorite meme pepe. Price has broken above and consolidating above the previous high. Most importantly we can see that volume has trended to near zero while price has held this level.
Current Trading Plan:
CAPTIAL RISK = 100%
Look for trend to continue for a doubling of the range 3x higher. The syemtrical triangle pattern currently forming has a terribly bad probability of fake out brake outs on both sides with a small dip before continuation.
Trade Well...
Your Friend,
Degen