Long on MDM with a TP on 2.90
Weekly & Daily oversold RSI
Selling volume's reducing
Buying volume's increasing
All time low broken
Support levels broken
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At this state there's two possible scenarios: price falls until 2.00, or goes up to 2.90 (or even higher but I wouldn't try it).
Opening a long position on this is very risky right now, but why not try? The big green candle gives some hope :)
Weekly & Daily oversold RSI
Selling volume's reducing
Buying volume's increasing
All time low broken
Support levels broken
---
At this state there's two possible scenarios: price falls until 2.00, or goes up to 2.90 (or even higher but I wouldn't try it).
Opening a long position on this is very risky right now, but why not try? The big green candle gives some hope :)
Trade closed: target reached
Time to sell, target of 2.9 reached!Current price: 3.020
Result: +15%
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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.