The last CA I posted on X done a 6300x in a bear market, yes you read that correctly.
The hate I got for that was remarkable considering the magnitude of what was pulled off. Has anyone else came close to that? Doubt it.
Anyway, here’s the next 6300x -
8J69rbLTzWWgUJziFY8jeu5tDwEPBwUz4pKBMr5rpump
Update - $WOJAK
We hit that $5.7M retracement level and so far so good on the bounce.
If the market doesn't nuke on us we should be good to go to retest the 200 MA on the 8 hour chart which is right around $7M.
Then on the daily we have some horizontal resistance at about $8.2M.
Once those are cleared we don't really see much in the way until that $12M level.
If the volume increases these can all be taken out very quickly.
The thing is normies are getting sick of trenching and a project like #WOJAK that they can just hold and see long term growth.
It's one of the all time great memes and one of the most obvious to run hard.
Update - $WOJAK
The move from $2.5M was running up a steep diagonal trendline.
It ended up falling through around the $6.3M area.
It then found support at the $5M and ran up to just about $9M where it hit resistance at that same diagonal that was once support.
The price needed a reset and on the Fib Retracement Tool we see a likely bounce area at the $5.7M level.
If we do bounce here then the next area of interest is this horizontal resistance at $8.1M.
A large volume increase can send this much higher very quickly as it seems most of the FUD has been dealt with.
People just want something to hold and #WOJAK might just be that play that people can get behind.
Update - $WOJAK
8 Hour Chart
You can see here using the Fib Retracement Tool that the next obvious spot for a bounce would be at the 0.5 level ($5.75M).
You can also see the 200 MA in orange.
It tested it and failed on the 28th of March and had a failed breakout on April 1.
If the price can flip the 200 MA on the 8 hour chart you then look at the 12 hour chart and the 200 MA is up over $12M right now.
The 8 hour chart would give strong support in which to start attacking on the 12 hour.
#WOJAK is over 14000 holders and that increased quite a bit from when the market cap was much higher.
I think people are noticing that this dip has been a good opportunity to get in for those that missed the first run up.
Update - $WOJAK
After the bottom of $2.5M the price ran up to just about $9M and is now consolidating around $6M.
I have followed the project for a while and seen the DEV do a bunch of buy backs and shoved a lot of the tokens into LP pools and the Multisig.
The #WOJAK meme is up there with any other meme and the fact that there isn't any over $100M right now is a bit crazy.
I don't think it would shock anyone to see this one run it back up and beyond.