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...
I feel that today is still a good buying opportunity. There were people who bought at $10 thinking it was cheap, although today it is 50% cheaper... Now, logically, you should have been buying. An excellent entry point was buying DOT at less than $5, ideally in the $4 range. However, if you haven't bought yet, don't regret buying DOT at $1 more. It's worse to buy...
WEN bounced perfectly off the uptrend line. We've already dropped more than 60%, so this was definitely the last entry opportunity to buy WEN. We're going to rise in the coming days. I recommend buying; there's just 1 day left until the halving, and WEN has the potential to be the #1 coin in the cat-themed memecoin sector. BUY NOW. All the shitcoins are...
Welcome to the Wen technical analysis, where we delve into why Wen, the most adorable coin on Solana, is destined to rise to 0.001 USD. Get comfortable and brace yourself for a rollercoaster of emotions! First, let's understand what Wen is all about. What is Wen? Well, it's a community coin based on a fractional NFT. Yes, you heard it right, fractional NFT!...
According to my analysis, we have just witnessed a sweep. To continue the bullish trend, get ready to go TO THE MOON to reach 0.3.
Polkadot recently experienced a pullback, which is normal in a bullish movement of any asset. However, in this case, it wasn't a typical pullback, as it dropped very rapidly. This is often referred to as a "sweep." This sweep is warning us that it's gaining strength to go directly to the moon.
We've already broken out of the range; if we can maintain this, we'll see all altcoins rising if BTC dominance manages to decrease.
I think Solana is going to bounce back to the $24 USD range, considering that the RSI indicator is overbought. A Fibonacci retracement to the 61.8% level seems very likely. A bounce up to $24 USD to continue the bullish trend looks healthy for Solana.
I am doing my technical analysis, and I am relying on the Fibonacci retracement strategy. In this case, I can see that ETH has already broken the first support, and the drop is clear down to the 0.618 Fibonacci level. The ideal buying zone is $1400 to accumulate ETH for holding and then selling around $10,000 by December 2024. This is my strategy, and if...