MDA BTC D1 - Moeda Loyalty Points Daily Trend

$BINANCE:MDABTC
A small accumulation zone. The bulls are trying to go up but seems that have not much power now.
Must watch for the trend. For the moment it's playing on the 7852 support line.
If we want to be early, we must watch a reversal candle for our entry.
Possible trades on chart.
Buy: 7950 - 8120
TP1: 8518
TP2: 8997
Risky ones or mid/long term
TP3: 9660
TP4: 10256
Don't forget about SL.
A small accumulation zone. The bulls are trying to go up but seems that have not much power now.
Must watch for the trend. For the moment it's playing on the 7852 support line.
If we want to be early, we must watch a reversal candle for our entry.
Possible trades on chart.
Buy: 7950 - 8120
TP1: 8518
TP2: 8997
Risky ones or mid/long term
TP3: 9660
TP4: 10256
Don't forget about SL.
Disclaimer
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.
Disclaimer
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.