🆓Enzyme (MLN) Aug-4 #MLN $MLNThe selling pressure of MLN is not too strong but because MLN has increased so strongly in the past few days, the weakening of the buying power is predictable. Currently, the MLN has conquered the $100 zone so in the next few days it will continue to accumulate then rally again to approach the $130 and $160 zones. However if it loses the 85$ zone it will be bad for MLN
📈BUY
🔴Buy : 97.5-102.5$ if A
🔴Buy : 83-87$. SL if B
📉SELL
🔴Sell : 127-133$. SL if A
🔴Sell : 156-164$. SL if A
♻️BACK-UP
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Enzyme
Enzyme MLN jumped 50% in a dayEnzyme MLN jumped 50% in a day
I bought at $75 and sold at $124
It might go to $200 - who knows - Not me - But it just past its recent all time high of $85 back in August 2020 the price is infinite in price discovery mode.
Don't be greedy sell you winners and let the rest ride - transfer your winnings over to another coin that is about to pump.
This is a trading journal not financial advice this a was a trade on a hunch and a fractal shape not fundamentals.