reply guys

Good afternoon 

A quick TA about Moxie 

A rising wedge coming from a downtrend with the combination of money outflow ( cipher B ), rsi is below 50 and the upcoming death cross of EMAs making very hard for this coin to get momentum.

$MOXIE, we see the formation of a render (marked with a gray rectangle). The liquidity swap from above has been executed, and now we have several scenarios:

❇️ Positive

- Formation of the H&P pattern (Inverted Head and Shoulders) and practicing this scenario along the green trajectory. The fixation targets are shown by green horizontal lines! 

- There may also be a liquidity swap at the bottom - in this case, we get the DD (Double Bottom) pattern shown by the yellow trajectory. For this, it is very important not to fixate with daily candles under the trend (or the last low)! The goals of fixation are the same as in the PG&P scenario.

🛑 Negative

- The red scenario is a breakdown of the margin down and consolidation under it! In this case, the downside targets are marked with red horizontal lines.

a second analysis that looks similar, see how it plays out.

# # # # # # # 𝄃𝄃𝄂𝄂𝄀𝄁𝄃𝄂𝄂𝄃 # # # # # # # 𝄃𝄃𝄂𝄂𝄀𝄁𝄃𝄂𝄂𝄃 # # # # # # Web3 Singularity is close

https://linktr.ee/atnsart

a second analysis that looks similar, see how it plays out. 

https://warpcast.com/tylerfoust.eth/0x553a3809

Builder Community Growth / Researcher /onchain /build
 


the problem with this analysis is that technical is correct but using the fibonacci from the birth or a coin is wrong i used fibonacci when moxie started creating a structure

Are fibonacci used for more established coins?

It can be used at every coin but it’s better to use it when the coin make some patterns

Got it, thanks for the advice.
170 $degen

You've tipped 100 DEGEN and have 0 DEGEN remaining.

✅ 100 tipped ∙ 0 remaining

1 849 / 1 849 (100%)
✅✅✅✅✅✅✅✅✅✅