This is a short-term chart but I don't care. It is very clear that MEUSDT (Magic Eden) broke out of a major downtrend. This downtrend was active since last December 2024.
Good afternoon living Spirit, how are you feeling now?
Notice the blue lines on the chart, a falling wedge pattern. The upper line defines the downtrend and it has been broken. There is high volume when this trendline breaks. This puts us into bullish territory. So we don't care if the chart is young if the chart is saying that prices can grow.
What's your take?
I can sense some positive energies coming from this thing so its team must be planning something big. Will it grow? That's what I think.
The break of the downtrend also produced a classic bottom pattern. This is drawn here as a yellow cup. The cup and orange line; it breaks below just to move back above.
That's all I have because this is a young chart but the market is one and it is all the same.
If we are bullish on Bitcoin, on EOS, on Polygon and the other Altcoins, Trump, we are bullish on Magic Eden and the rest of the market as well.
Some will move now, others will move very late. The bull-market will develop all throughout 2025.
How to pick the ones that will move first?
Follow me. I will be sharing with you the best charts, the best Altcoins and the best pairs. Patience is key though, the market adapts live to everything we do, so a pair that is about to move can be easily delayed.
Instead of focusing on the short-term, think of the bigger picture; focus on the long-term.
For how long am I willing to wait to produce a successful trade? Do I prefer to lose $1,000 fast, or is it better to earn $10,000 slow?
What are your targets? What are your goals?
You can decide to turn $10,000 into $50,000. This can help you develop a strategy with a clear goal in mind.
If you enter a pair and immediately you are wondering what is going to happen and anxiety takes over you, something is wrong. Like this, it can never work.
If you enter a pair and you can disconnect and take care of anything in your life that needs to be taken care of, this can work. This way can produce positive results.
If you are anxious after buying, it means you need more information, more education, you need to practice more before taking action.
If you are good. Go ahead. You will be blessed with all the good things in life and all that you truly deserve.
The market is here for us. The market is here to stay. Cryptocurrency is the future of money. There is no going back now.
You are in the right place at the right time. You are making great choices and for these choices you are making you will be paid.
The market will not end after 2025 nor in 2026 nor ever for as long as we live. This is a long-term development and it is a new market which means that the best is not yet seen.
Opportunities are endless. Feel free to follow me if you enjoy the content. We are here to win and succeed.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.