Hi dear members , hope you are well, and welcome to the new update on Multichain (MULTI) with US Dollar pair.
Previously we caught almost 15% pump of MULTI as below:
Now on a 2-hr time frame, MULTI has formed a bullish AB=CD move for the next price reversal. At the moment the price is slightly moved up, therefore, we can wait for some correction to buy it from the reversal zone.
Buy between: $2.09 to $2.01
Sell between: $2.18 to $2.28
Stop loss: Below $2.01
Possible profit ratio: As per above targets there is a profit possibility of upto 13% and a loss possibility is upto 4%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
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