MOTHER Long Spot Trade (Inverse Head & Shoulder Breakout) Market Context: MOTHER is experiencing a surge in momentum as part of the meme season trend, with many meme coins showing significant gains. The price action has confirmed a breakout from an inverse head & shoulder pattern, now retesting the breakout level, offering a solid entry point.
Trade Setup
$MOTHER Market IdeaIt shows an initial rejection at S1 located at 0.0587. But the TOTAL3 as my benchmark for my bias, there's no way to make a long entry here, even at the breakout point at 0.071.
$MOTHER Market IdeaIt shows an initial rejection at S1 located at 0.0587. But the TOTAL3 as my benchmark for my bias, there's no way to make a long entry here, even at the breakout point at 0.071.
MOTHER bullish?Bullish pattern formed here but not convinced until a proper breakout happens at R2 (0.073357). For now we remain bearish. All bearish signals will be called.
Perfect SELL Opportunity still looking strong. The Sell Signal was activated on Sunday (October 6) which reversed the initial Buy Opportunity that I analysed earlier.
Well, any breakage of trend line to the upside will changed the SELL Opportunity to a BUY Opportunity.
Entry - 0.0988.
SL - Adjust price following MA200 Purple Line on 15 Mins
Perfect BUY Signal for $MOTHER.My Trading Strategy is Simple 😎, I use two Moving Average Crosses for 3 different timeframes to get Entries for the trading setup.
1. MAC 6-50 (4H Timeframe) - 2nd Entry - Blue 🔵 Broken Line.
2. MAC 50-200 (15 Mins Timeframe) - 1st Entry - Purple 🟣 Broken Line.
3. MAC 50-200 (1H Timeframe) - 3
MOTHER Price Update & Analysis in a Daily TimeframeMOTHER/USDT is already up 160% from our previous update and is currently showing a rebound from the $0.079043 support level. The 21 EMA has successfully held the price, and if the market conditions remain favorable, MOTHER could potentially rally back to its all-time high range.
Key levels:
- Prim
#MOTHER Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
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Displays a symbol's price movements over previous years to identify recurring trends.