Not much of an update from these two tickers, $WIF and $MYRO. Both pushed higher than the previous day. $WIF, after that retest, is spiking up, and $MYRO is still going up. Watching other memes, they are also doing the same. Nothing special so far.
Even though things look good so far, We do not recommend any re-entry and will not make any more entries on these two.
While a whale repurchase $WIF and spent 17,966 $SOL ($2,98 mio)—impacting price +7%
Solscan
$MYRO
We have been DCA-ing up and have reached the size we wanted with this allocation under $0.24. We will no longer DCA and will set the position to a higher SL+ level. This position will be confirmed profitable once closed.
Instead of re-shorting, with the Ethereum spot ETF being anticipated, $WIF currently looks like it is breaking out and turning bullish. Still watching to see if it matches the thesis.
Читать полностью…$0.24 should be where the FOMO begins. Of course, take note that this depends on $BTC maintaining its current range following the recent pump due to the Ethereum Spot ETF listing. Otherwise, set a stop-loss or trailing stop.
$MYRO
Memecoins are the ones you need to watch when the market is at its peak.
Memecoins are also the ones you need to watch when the market is at its bottom.
They bring the biggest pain and the biggest gain in crypto history.
Alasan kenapa futures seringkali lebih dulu di listing, karena futures hanya mirroring harga dan exchange tidak perlu memprovide aset asli. Hanya USDT atau pair nya saja. Kalau spot, exchange harus memprovide kiri dan kanan. Artinya jika tidak ada alokasi dari dev, exchange harus membeli sendiri dari market dengan jumlah tertentu.
$WIF perp lebih dulu listed di bahkan di harga yang sempat menyentug $0.17. Lalu spotnya di harga $1.
$BLUR perp anjlok hingga ke harga $0.15 sebelum akhirnya spot listing di harga $0,4-ish.
Dengan begini exchange bisa akumulasi barang di harga serendah mungkin utk spot dan tidak hanya BEP tapi juga jadi pair yang profitable saat listing.
Jadi setiap pair yang profitable, jadi “passive” income utk exchange (walaupun nggak passive). Analogikan kayak kos-kosan, setiap pair layaknya kamar kos—yang membangunnya butuh menyediakan likuiditas.
May re-short $WIF again once thing cooled off and really just waiting when $MYRO binance spot listing.
Читать полностью…Pretty late to the party, but cut some $MYRO to get $WIF short, so we can scoop $MYRO again later.
Читать полностью…Technically, the rejection of the ETH ETF is expected. They will probably pull the ETF by the end of the year. That is why people are targeting a maximum bullish trend in 2025. Watch Q1.
But, let’s see…
To make any short swing position, will be looking for monthly close for conviction. Otherwise not gonna randomly taking an action again.
Читать полностью…While $BLUR is bouncing, $JTO is back under the support level.
Never delete your past setups, as they can be a good reference later.
As long as $BTC maintains the short-term key level above $66.8K, one aspect remains positive.
The second aspect is if we get a weekly close above $0.24, we should be confident enough for continuation.
The initial target was the $MYRO buy zone at $0.16-0.177 with a cut-loss below $0.138. However, instead of cutting losses, we added margin and managed the position all the way up. At some point, only 15% of the initial position was left.
Now we are waiting to sell and rotate to another position.
The thesis was correct, but so far only for scalping. $MYRO, instead, has toughened up despite recent volatility on the small time frame and is consolidating under the resistance.
Читать полностью…Slowly trailing 10% SL+ above entry level. So this position will confirm profitable. We’ll see how high.
Читать полностью…Adjusting the trendline and DCA up 11% of the initial position will put the SL at BEP for this position. I will look to DCA down if necessary. Will trade accordingly. $MYRO
Читать полностью…Jika likuiditas nya di cabut, maka pair akan “mati” / apabila pairing aktif, maka “fee” exchange harus pelan-pelan menggantikan asset yang dialokasikan oleh exchange sebagai likuiditas di pairing tersebut.
Makanya ketika pairing tidak profitable, akan di delist.
Anggaplah ini seperti NPL pada bank. Non-performing loan. Walaupun tidak seperti NPL.
Recovered $MYRO position. Not really satisfied and fancy or anything. Just sitting on this position waiting for that one click.
Yes obviously need to watch Bitcoin or other sentiment as well. Pretty HTF for this one.
If you watch these charts, $SOL is the one mimicking the $BTC move. While $TON and $BNB having high acitivty with telegram bot and launchpool. Other big caps are just there ranging. $BNB possibly having new high despite the news about CZ.
High activity blockchain, when they are doing campaign, recover faster the one that doesn’t. Something to note here.
$130 B coming from blackrock ETF in 16-17 May 2024. The last two days. Are they also scooping more Bitcoin during the weekends?
Читать полностью…Some memes that survive the rugpulls are at peak level, only few are laggards.
Screening…
$MYRO for long, $WIF for short and $JTO for a good day. Never financial advice. Only food advice. Dont believe anybody but your own entry. Ciao.
Читать полностью…We will put a couple of things on the short watchlist, including $WIF and some other memes. Before taking any action, I am still hoping the laggards will follow the running mates first.
Meanwhile, public position is still $MYRO.