Myro update

30 janv. 2024

Myro finally has enough price action to draw a fib retrace instead of extension. Retraces are better than extensions in my opinion as they show price history on the downside. Fib extensions are more theoretical and less reliable since price discovery can do literally anything. Memes tend to pump VERY hard in two waves, and then most of them die off and never pump again. I think wave two is coming soon, we had a full retrace to the golden fib and a 55% correction. The stochastic has also reset. With SOL pumping again this token can really rip to 1B plus market cap, the momentum is there. I have already covered my initials and sold half the bag for a clean 10x into SOL, my plan is to sell the rest at .3 if we get there. I am not a meme investor, I hold these to expand my main layer-1 bags, not to speculate on nonsense.

2 févr. 2024

Note

absolute decimation of price, definitely worth taking profit early on these guys like I did, this is a zero stress position for me, if the rest goes to zero im fine, if it expands to .3 im happy