$CAT on Sale: Eyes on the 0.00003 Test!Excited for lower prices on $CATUSDT.
This looks similar to previous price actions on other coins, like MEW before it expanded.
I want to see this test the 0.00003 area before any reaction. Any bids within the two orange lines are welcome, as long as the price doesn't make new lows.
The weekly trend is still intact, and that’s the area where I expect to see some support on this chart.
Catusd
CAT ANALYSIS (4H)Note: This is a buy/long setup, do not use this analysis as a sell/short setup.
It's a meme coin, it's been bullish since listing on exchanges.
Bullish waves show a diametric pattern.
Now it looks like wave D is over and price is at the beginning of wave E.
The price has been inflated for now, we have to wait for the retest of the green range to enter.
We will look for buy/long positions in the green range
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Unleashing the $CAT: Waiting for the Purr-fect Move!Price looks to be stabilizing. I've posted other NYSE:CAT charts previously, so please check them for better reference.
This one is fresh, and I think it’s on the verge of making a strong move, similar to the other cat memes.
From a technical perspective, I like seeing the price stay above the 0.000028 zone, so I’m bidding everything close to that area.
If it starts trading below that zone, I’ll assume it’s not ready to move.
Overall, I’m just following the cat meme trend, and this one has barely moved. Maybe CRYPTOCAP:BNB needs to explode for this to move along with it.
CAT - Eyeing the Next ATH MilestoneI have enough data to try this new setup. We expect to see a pullback this week; it would be ideal to enter below $0.00003. If the price continues to rise, we should act, but with a smaller position.
Overall, it's a solid setup in case of a dip. It has shown more strength compared to other coins, which is why I continue to trade it. Stick to $VELO, NYSE:CAT , $POPCAT, and $REEF—these are showing strength, while others are still in limbo.
Herding CatIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Ideally it needs to stay above 0.000030662.
On the Elliott wave side it looks like a potential impulse being put in, and we are at the Wave 4 of the larger degree which could mean another move up. If the level metioned breaks it becomes less likely. MO.
0.000028937 is the final level I would want to see it fall beneath.
Trade Safe,
Trade Clarity.