In the medium term $BOME $NOT $DOGS will give 10x.
Not because they have fundamental value. But because the market is determined by the expectations of participants.
1. Assets fall from the beginning of listing. But they have a good capitalization to write off. Weak hands leave. The asset consolidates for a long time.
2. Technically, all liquidity has been removed from the bottom. A break of structure is anticipated.
3. If there is a strong impulsive movement upward, there will be a new influx of participants due to FOMO.
4. Since the capitalization is not that large, if it breaks the first resistance level, the asset can grow cascadedly by a good percentage.
5. The nature of meme coins. There are no big market makers. That is, big players do not hinder the movement of the asset by large percentages. The price moves mainly based on the emotions of small and medium traders.
Ultimately, the potential of the asset is high. We do not need them to update their historical highs (this is also possible). But these assets will give at least their 10x. At these prices, I am increasing my positions.
Risk 1x
Potential 10x
#Medium term
Not because they have fundamental value. But because the market is determined by the expectations of participants.
1. Assets fall from the beginning of listing. But they have a good capitalization to write off. Weak hands leave. The asset consolidates for a long time.
2. Technically, all liquidity has been removed from the bottom. A break of structure is anticipated.
3. If there is a strong impulsive movement upward, there will be a new influx of participants due to FOMO.
4. Since the capitalization is not that large, if it breaks the first resistance level, the asset can grow cascadedly by a good percentage.
5. The nature of meme coins. There are no big market makers. That is, big players do not hinder the movement of the asset by large percentages. The price moves mainly based on the emotions of small and medium traders.
Ultimately, the potential of the asset is high. We do not need them to update their historical highs (this is also possible). But these assets will give at least their 10x. At these prices, I am increasing my positions.
Risk 1x
Potential 10x
#Medium term