It looks like Moeda is forming a cup and handle pattern on the weekly. Right now the retracement is sitting nicely on the 0.618 fib level. I think it is likely that Moeda is going to make another move upwards from this area.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.