Memeusdt trading opprotunity

Dec 28, 2023

Memeusdt has experienced a breakdown of the rising wedge, with the price potentially forming a bearish SHS pattern.

The recommended approach is to consider short positions below the neckline and target the strong accumulation area, represented by the external demand zone.

It is important to closely monitor the price movement towards the weak support level, as a significant bounce from this point may reignite bullish sentiment for the coin. The chart provides a clear illustration of these dynamics.

Your comments and likes on our analysis are greatly appreciated.

Thank you.

Dec 30, 2023

Trade active

Jan 3

Trade closed: target reached

SHORT TARGET ACHIEVED
Massive drop.

Jan 4

Trade active

Jan 15

Trade active

Our Long is in great profit after closing the short with the full target achieved. Meme is moving as expected and now we anticipate a potential CUP formation, with immediate target at the Neckline.

Jan 21

Trade active

Mar 2

Trade active

+189% profit from the long entry after we achieved -40% profit on the drop. Looking massive. Congratulations.