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Gm☕️
Lets analyze some charts and see what do we have.
$buttcoin - Sitting exactly at our 0.78 fib level. Very crucial for this coins' upside momentum is keeping this level undefeated. As we said in a previous update, the resistance we are looking at is at around 20m market cap. It can be ranging for ever in this 10m market cap range. We need volume and confirmation for either a breakdown lower than 10m or a breakout higher than 20m.
-How to trade it
You can either get an entry now with a tight SL of your choice ( for example SL at 8.9m(see previous wick ) and close your position nearing the resistance ( purple box, or lower.)
$pigeon - Very strong moves, breaking out from its accumulation phase. Already at resistance.
-How to trade it
You can wait for it to slow down a bit, possibly coming down to the previous support at 3.8m market cap and exiting nearing ath's.
$testicle - Falling wedge, as corrective as it gets.
-How to trade it
You can wait for it to drop one more time inside the wedge because the breakout was not explosive enough. In general even the entry now is good.
If it breaks down lower than 6.5 million mcap, next bids could be near 4.5m mcap.