$PENGU Incredible, I lost almost $400 in this madness, I thought that buying at 0.031 would recover something, and now I see this bloodbath, everything I gained with strategies in two weeks has evaporated and I am losing $100 from the initial investment, what a disaster
I already removed 20% of junk currency, I let 3 newly listed ones pass that doubled or quadrupled in the first minutes, and the only one I got into is going down xD
$WLD didn't want to do it but they forced me, I will close the app and pretend to have dementia for a few weeks until it recovers, this is going to take a while
I was thinking about a strategy for the $WLD coin, according to my criteria and the analysis I have done on the coin, I noticed a very normal behavior when the coin increases its value exponentially, it usually always goes up to a maximum limit, at that limit it always lasts in the 15 minute and 1 hour graph, it always stagnates and starts to go down
Example: the coin is currently at 3 dollars (approximately) 1. It starts to go up abruptly 2. It reaches a limit where it does not go up any more and it is like its limit 3. It then goes down until it regulates again
- This mostly happens when those verified with Orb receive their coins and immediately start selling them - It also happens when there is positive news about the Word coin environment - Another option may be fluctuations in the market in general.
Taking this into account, I thought of a strategy: When the price rises to this limit, sell at least 20% of the coins and then buy with that 20% when the price plummets
I would like to know technically if this has foundations or could be a risky move, it is not a recommendation or a call to action, it is a consultation so I can know if I am analyzing the coin correctly or if I am wrong.
$PNUT is trading at 1.2219, down -1.76%, and has formed a double-top pattern at 1.2362, signaling a potential bearish reversal. The next bearish target is set at 1.1955, indicating further downside pressure.
Immediate support lies at 1.1800, and a breakdown below this level could accelerate the bearish trend. Resistance remains at 1.2362, and any upward move is likely to face selling pressure near this zone.
Traders should prepare for possible short opportunities, with tight stop-loss management to mitigate risks.