Long
MPC - Shift In Momentum In Action 📉📈
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 MPC has been overall bearish trading within the falling channel in red.
📦 Currently, MPC is hovering within an Accumulation Phase between $0.3 round number and $0.36 major high.
📈 For the MarkUp phase to start, shifting the momentum from bearish to bullish, a break above the last major high in red at $0.36 is needed.
🎯 In such a scenario, a movement towards the $0.525 resistance would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📉 MPC has been overall bearish trading within the falling channel in red.
📦 Currently, MPC is hovering within an Accumulation Phase between $0.3 round number and $0.36 major high.
📈 For the MarkUp phase to start, shifting the momentum from bearish to bullish, a break above the last major high in red at $0.36 is needed.
🎯 In such a scenario, a movement towards the $0.525 resistance would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
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.
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
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.