Although there wasn’t much action on this pair, it did trigger a buy above the $0.000008 level. However, the return was minimal, and it failed to hold above that level, returning to its starting point.

Sideways PA

Our new bid level is $0.0000065, which is part of the original plan and still active. I’d like to see Bitcoin reclaim $60k within the next two days to gain more conviction on this trade.

The macro picture still looks solid. As anticipated, PEPE is likely to be a slow mover, trading sideways above $0.0000072 until mid-September. Be cautious with bids, as price movements have been anemic.

This trade was incredibly straightforward and visually appealing. I had been waiting for this setup, and the trigger finally happened as mentioned earlier. After over 20 days of waiting (which is relatively brief given the current slow pace of the crypto market), we saw a +30% gain.

Trading Setup - Previous Post

It’s almost back at the entry level. You can try re-entering, but I’m considering letting it rest and observing its behavior. A higher low above $1.4 would be ideal for a continuation trade, so keep an eye on that level if it drops.

This trade was fluid and quick, resulting in a +18% gain. BONK formed a rounding bottom following the trend line, making it a buy-and-wait situation.

Trading Setup - Previous Post

No immediate action is needed. For now, observe how the higher lows form, or watch for a potential drop to the yearly level of $0.000013.

Took a more cautious approach here, which in retrospect was a mistake. The price tapped the $0.40 weekly level, which had sufficient confluence to bid. Often, charts may not seem ready, leading to a “no trade” approach, only for the asset to move significantly shortly after.

New Setups

Stay alert for higher lows within these levels, as they could signal a shift in market dynamics. I’m not looking to re-bid previous levels but am focused on the bulls defending the current price levels. Currently, $POPCAT shows the most strength. The other meme coins are likely to remain stagnant as we approach a potential week of inactivity.