The MDABTC chart is giving me some signals that caught my attention, it was pretty interesting because of the timing.
In the past, I've noticed MDABTC reacting inverse to Bitcoin, no big deal, but just one of the many details that I tend to notice while being.
Today I saw MDABTC jump right when Bitcoin moved lower:
And also noticed that it moved higher back in early September, at the same time that Bitcoin was breaking below support.
The daily price is now above EMA10. Needs daily close for confirmation.
We have a series of higher lows.
The Sept.06-11 move can be seen as accumulation.
The RSI remains strong.
There is the possibility of Moeda Loyalty Points (MDABTC) moving up strong next... This is just a probability, so be prepared with a full strategy if you decide to trade.
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