RubyLee

Last year, the technical analysis showed a decline, so I also overlooked it and didn't analyze it deeply.
But today, I feel interested in this coin. Recently, I accidentally read some posts that mentioned this coin has been split several hundred times, and people should also participate in the lottery and such. So, I want to discuss this coin in more depth as well as the general trend of coins.

Should I buy $FIL to hold or not? Personally, I assert that no.
Looking at the chart showing several hundred splits, it seems to have decreased a lot already, so buying it now for x10 would be good, right? But the question here is what is the motivation for it to increase? It has already split several hundred times, but its market capitalization is still at 1.1B, which is a relatively high valuation. For example, if buying at this price increases x10, then the market cap would be 11B, right? Is that really reasonable??
Not to mention, this coin's chart has broken the last support at $3.6 and has become a trend coin. After that, it tried to test to return for many months but failed. And look, since it became a trend coin, it has managed to split 4-5 times even though the market still hasn't really hit the bottom. So when the market hits a real bottom, how many more times will this coin split?? Because right now it really doesn't have a bottom anymore; it can drift down as much as it wants 😐😐😐
If we talk about potential, the current revenue is only $4/day. Even with a revenue increase of 1000 times the current level, meaning $4000/day, the project would only be valued at a maximum of $72M. Look at the current market cap and see how many times it is greater than $72M 😑😑😑

If you're going to comment that any project with revenue is being valued based on revenue, then block me, I'm not free to argue.
Currently, there are many projects with steadily increasing profits year by year. As for those worthless projects, they are just returning to dust.

$CETUS is still running the recovery wave quite evenly.
This rhythm may have $SUI as the top lead coin for the recovery wave 🤔🤔🤔 Anyway, $CETUS is also a dex defi system #SUİ .

$BTC The 3D candle is quite beautiful, it will probably come back to test 69-70k and then run the wave rebound.

Before the technical analysis, there were too many coins and now none of them have completed their wave yet. So there's really nothing to write about 😂😂😂
But I think the new wave of recovery is already underway 🤔🤔🤔

$APT break out khung day.
Surely there will be a rhythm back to 1.03-1.04 for testing

$CAKE stoploss completed and then went up 😐😐😐
Have to catch again at 1.388$ 🤡🤡🤡

$PHA On the day of the reversal cluster down.
The new h4 frame pierced 375, currently testing again before going down further. It is expected to test the support below in the area of 350-338

$TAO Closing the 3D candle creates a strong bearish reversal cluster.
Today's candle has shown an upward movement testing the upper boundary. Therefore, I will consider shorting this one. The stop loss at 276 will be around ~2%.
Minimum likely to go back to 250, otherwise, it might even drop to 220-210 due to the strong bearish reversal on the 3D frame.
At 250, the R:R is 4:1, and at 220, it is 10:1. Reasonable to enter a trade 🤔🤔🤔
Upon closer inspection, I might have to wait longer because if it tests the 3D candle that closes this morning, it could peak at 282. Waiting for a clear reversal signal on the smaller frame.

$IOTX closed above the 550 range on the daily, 3D, and weekly frames. The weekly candle closed confirming the exit from the sideways area.
Break out of the small trendline on the daily frame with the 3D candle as well.
Currently, there is a pullback to test before going up again. This one can be bought. 🤔🤔🤔
Waiting to buy at 540 with a stop loss at 530 for something close. Buying here would mean a stop loss of 3-3.5%, which is too high 😥😥😥

$CAKE break out diagonal trendline on h4 frame.
There has been a successful test of the area 1.36.
Currently, it is uncertain whether there will be a large retracement wave, but in the short term, there will be a test of the peak of the trendline at the level of 1.5-1.55$.
Stoploss at 1.35 means 2%. Thus, the minimum R:R ratio can reach 5:1 already. Worth buying, right? If tighter, with stoploss at 1.36, it is 1.2%, then R:R can even be 8:1 🤔🤔🤔

$CETUS close 3D candle break small resistance area.
Currently testing the area 2100.
I will wait to buy like that. Anyway, the stop loss at 2100 is quite close. The R:R ratio is very nice.

$BTC This weekly candle closing like this is bad.
Maybe next week there will be a move to test the diagonal trendline on the daily chart around the 66k3 area.
Breaking through this area means it's over, there's no retracement wave anymore 😐😐😐

$CETUS seems to really be breaking.
Waiting for it to return 1950-1930 for testing then catch it 🤔🤔🤔

$CETUS has signs of a break in the upward trend.
Waiting for the H4 candle to close properly before buying when it comes back to test it 🤔🤔🤔

$DEGO support contact on the daily frame so I think there will be a bounce here.
On the h4 frame, the MACD RSIstock indicators also show signs of a temporary bottom. The h1 candle model also shows accumulation and diminishing downward momentum.
Running on the h4 frame then testing the 500 area.
Buying here with a 5% stop loss gives a R:R of 6:1 🤔🤔🤔
To activate the h1 frame for a better entry, make sure the stop loss is tight and small. Because a 5% stop loss is still a bit much for me.

$CETUS the frame is running the accumulation flag.
Breaking above the flag will lead to testing the resistance areas above.
The daily frame resistance has the area of 3200-3400.
The diagonal trendline of the 3D frame has also broken long ago, so if a strong rebound wave occurs, it may test the 3D frame resistance in the area of 6000-6600.

$POLYX The H4 chart shows signs of accumulation, converging upwards.
Currently, it is still accumulating a bullish flag pattern, and it needs to close above the resistance zone of 465-470 to initiate an upward wave towards the area of 510-515. The area of 510-520 is always a confluence of diagonal resistance.
It is also uncertain whether it will be a corrective wave or a new bullish wave. Yesterday's daily candle was a quite beautiful green hammer. It is currently at support, so I think the likelihood of a breakout is quite high.
To initiate a new bullish wave, it needs to close a 3D candle above the area of 500 to break the diagonal trendline. At that point, there could be at least a wave up to the area of 750, and if strong enough, it could go up to 1000-1100.

$IOTX is still running below the daily trendline, there are quite a few resistances above.
Breaking the daily trendline will lead to the area 640-650, which is the confluence of the nearest minor resistance and the major diagonal resistance in the 3D frame. Closing the 3D candle breaking this area will then look for the larger horizontal resistance at the area of 1250.
Basically, it seems like quite a long way 😂😂😂
Save this one, it might run for a wave after the last one 🤔🤔🤔

$NXPC break out diagonal trendline and sideways area on the daily and 3D frames. Currently testing the support of the newly broken sideways area.
After the test is completed, there will be a short-term rise to test the resistance at 345-350. The furthest it could go is up to the area of 60-62 🤔🤔🤔

$SNX the daily frame is currently sideway accumulating below resistance. Closing the daily candle above 330 will trigger a wave up to the 390-400 range. If the upward momentum is strong, it could test the area of 500, which is a significant resistance in the 3D frame.