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MDA

Moeda Retraces 70% After doing 620% Bull Run (What Next?)Moeda Loyalty Points (MDABTC) did something beautiful when it went on a 600%+ bull run, giving us an early signal of how other altcoins would move. Following MDA’, many other altcoins generated massive profits, we were more than happy to enjoy those and now more opportunities are developing. There are endless opportunities within the cryptocurrency markets, and more opportunities will always come. Let's take a quick look at MDABTC once again. After the huge bull run, MDA’ had a 70% retrace and people are asking me if it is time to move up. On the chart above you can see an orange line, which is the EMA200 indicator. If this level holds, we can resume another wave up, thinking that the correction is over. If the orange line doesn't hold, we can expect further retrace until support is established. Once MDABTC finds support, another up wave can resume. For now, we can consolidate sideways and watch price action for a clear breakout signal. We look to break above EMA50 (magenta line) first. Weekly chart: Thanks a lot for reading. Hit LIKE if you enjoyed this post. Namaste.
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by AlanSantana
22
MDA/BTC - 1d - Time To Buy! MACD: Bullish Cross within the next 3 days RSI: Oversold Bollinger Bands: Narrowing, confirming a possible breakout in 1-3 days Buy: 0.00018000 - 0.000185000 Stop Loss: 0.00017000 BTC Target 1: 0.00026000 BTC Target 2: 0.00034000 BTC Target 3: 0.00042000 BTC Leave a thumbs up if you like my idea. This will keep me motivated :-) Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only.
MLong
by Anton_XBT
2
Moeda Loyalty Points (MDABTC) About to Break Its All Time HighI was tracking the bull run for Moeda Loyalty Points (MDABTC), and this one just keeps on going. Just as we (me and you) keep sharing and mentioning how the altcoins are exploding, this is more proof. The already mentioned higher highs and higher lows, and now this and many others incredible runs for the altcoins... From 50 to 100%. Some from 200 to 500%. - MDABTC has generated over 580% profits within one week and it is only 22% away from reaching January's all time high. - Volume is exceedingly higher than ever. And it just keeps on going. How long will this go for? I don't know. But this is really good news, because if other altcoins follow, which is already happening, we might be looking at the bottom for sure. What's your take? Is the bottom set for the altcoins market, or is this 200-300% run a fake? Please leave your opinion in the comments section below... Namaste.
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by AlanSantana
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Moeda Loyalty Points 400% rally could have come to an endBy looking the recent sharp rise in price, the question arises; what is MDA and what has been driving the price up to the current price? Moeda (MDA) is platform for local businesses seed funding. All projects are being selected by Moeda and must meet the UN sustainable development goals. Back in August, MDA/BTC bottomed out at 5367 satoshis, after which price started to move up, breaking the downtrend trendline. At that time, Moeda released the first seed project, which could have been the fuel for the token growth. Up until mid September, price has been rising sharply and has reached 14,000 satoshis high. Then price corrected down, nearly to the previous low, however yet another rally has started on the 7th of October. The second rally has been much stronger, resulting in the exponential increase in price. In just 6 days, MDA/BTC gained over 300%, totaling a 400% growth since August. Today MDA tested a 26,685 satoshis high where it bounced off the 261.8%. As the resistance is holding, Moeda is likely to take some rest and correct down. The nearest support is a 161.8% Fibs at 19k satoshis and price is expected to consolidate between the support and resistance. However, clean daily break and close above the resistance could push price further to the north towards 34.5k sats resistance or even higher. But, considering the fact that RSI is already in overbought condition, it is reasonable to expect the correction. Fibonacci Time Zone show, that the next cycle is starting around 17th of October that could be the decision making time; either to buy more MDA or liquidate the token.
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by CryptalDash
3
Moeda Loyalty Points (MDA) Surpasses January's Volume [600% PP]The next altcoin to breakout is Moeda (MDA), and the volume is huge. We are looking at the highest volume since January, and soon MDABTC will surpass January's top volume on the daily candle. Needless to mention that MDA reached its all time high in January 2018 and we are seeing even bigger volume today. Note: The daily candle is yet to close, but at this rate we will have the biggest volume bar on the daily candle... This is a bullish development. Which altcoin will explode next? Position yourself now before the bull run... Feel free to like, share, comment and follow. Your support is highly appreciated. Namaste.
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by AlanSantana
34
[Binance] Moeda Loyalty Points (MDABTC) Gains 158% in 3 weeks!Moeda Loyalty Points (MDABTC) has increased by 158% in price since touching bottom on August 13th. This is a huge increase in price and the charts are showing that this token continues to have good momentum. Let's take a look at the daily chart: - The RSI is already overbought, so prepare for the retrace. - We are at the top of the Bollinger Bands which push the price down (retrace). - Indicators are on the bullish zone and will need to retrace and consolidate if MDABTC is to continue moving up. - Bullish crossover of the EMA lines with huge momentum, growth and strength. Here is the weekly chart: - We have good volume on the weekly. - The indicators are showing good bullish sentiment building up and still plenty of room available for growth. - This one has been going up 3 weeks straight. - Late June was the loading phase. - All time high is set @0.00048612. - 250%+ Profits potential from current price to all time high. Note: This is no trade advice. Thanks a lot for reading. Feel free to like, share, comment and follow for additional FREE analysis and trade ideas. Alan Masters here... With lots of LOVE! Namaste.
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by AlanSantana
Moeda Loyalty Points Could Rise by 90%On the 27th of June, Moeda found the bottom at USD 0.37, where it rejected the lower trendline of the descending channel. Price then went up and broke above the 50 Moving Average ,although the upper trendline of the descending channel was rejected. MDA/USD corrected down and found the support at 61.8% Fibonacci retracement level, that is USD 0.48. And today, after bouncing off the Fib support, price went up and broke above the 50 Moving Average and the descending channel, suggesting further correction up. The very strong resistance is seen at $1, that is a key psychological resistance. This level is confirmed by two Fibonacci retracement levels, 61.8% Fibs and 461.8% Fibs, applied to the current corrective wave down. Break above $1 could establish a long term uptrend while rejection should result in a strong wave down. On a downside, if MDA will break and close below the recent low at $0.47, price could go down towards the $0.37 support to establish a double bottom, or potentially continuation of a downtrend.
MLong
by CryptoPAMM