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

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

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

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

Even thought the rising wedge is not 100 % because it needs one more touch at the upper trendline. Also moxie must avoid the death cross and make these emas resistances. But yes time will show

TA can be subjective though. You see a rising wedge and I see the market structure making a higher swing high and higher swing low. MACD and signal line recently crossed the 0 line into the positive and RSI is basically at the 50 line (49.65) not significantly below. Those are all generally bullish. I don't think TA alone applies in this case though because of the utility, but you could look at any chart and find something positive or negative to say. Let's see what happens.

Im a bit of a degen, but also a chad.
Base Maxi




This will take days to see the third touch for the rising wedge but EMAs looks pretty bad and it’s not about the cross that may happen but the gap between them is almost zero showing that there is no momentum

For your wedge, bottom line is valid. Top line of the wedge isn’t there yet, need 3 touches for it to be an actual trend line. 

Interesting part is that if you do get that third touch of the top line, it will actually paint an IHS. Will be an important level to watch.

thank you ser! just double checking your work

wonderkid shitposter | memecoin fanatic                                      


the worse one is the daily ema death cross

Android developer of TopHattr DEGEN widget, author, vector and AI artist. I like to live dangerously safe.

https://linktr.ee/fraim.10


I have no idea what you just said but here's 30 $degen

Late Early-Adopter & Degenaissance anon. Owner of /shadowbanned.

Sorry maybe my experience in trading for 5 years is not enough 🤣🤣

utlity can't be analyzed in TA. It is imposisble to value such groundbreaking work on a chart.

$berry boi and $maxi maxi. Host of /shitcasters.
 Mod for: /replyguys /maxionbase /strawberry /chatbfg /nocontextmemes /dankfrens and /whatshesaid

When someone makes a TA he should be 100 % for his info. Also meme coins are almost impossible to have a TA on them especially the new ones. Here I see a coin some months old just destroying itself

Hey now don’t be doing a TA on a less than a week old meme coin. Oh wait no that’s not this carry on.

dev, founder. For fun /milo /artist. For funds
diviswap.com

If no new user come there will be not inflow. Also I used fibonacci, it should be areas of 0.382-0.236 ( around 0.0025-0.0020 ) to maybe get some momentum

Objectively, emissions are too high and too liquid. There's no way to keep apace with demand (for now). Not sure if that turns around, even with a mass influx of new FC users. That's just more outflow potential.

FID: 263574 l Reply for Life l NFTs Enthusiasm and Collector
seemore.tv/free/fc/tonyminh


Great analysis and great chart mate 🫡 hope its right 310 $degen

Mila ksekathara!! We are going up or down? 😅😁

I did not know that you do ta , Antony  nice job 🔥🔥🔥 140 $degen

ok didn't get shit but sounds like we ngmi

The worst thing about this death cross is that the EMA are so close together so momentum is gone. And yes sometimes hostility is the worst bearish thing that can happen. Thank you for commenting

Normally the death cross is just an analysis to spook the small investor. It often works the opposite of what it first signals. But moxie is basically struggling with constant sales pressure and lack of buying pressure. The fact that they perceive every criticism as hostility to them is an extra bonus. For once bearish TA may be right.