It seems there is huge growth in the near future, maybe more than 100% profit, I think BINANCE:MDABTC MDABTC is in the good place for investing, it seems in this week all things will be clear. this coin is is in downtrend for a long time.I like ma200, if price could past ma200 , by analysis of the past it would have much more growth after breaking trend line on...
MDA/BTC -The price has pulled back to the previous support area -Today, it is still consolidating at the key region -This is also a potential double bottom -If we can see an upside reaction -If MDA can break the local resistance at 4500 sat area -It will likely to test the trendline resistance around 5800 sat -Bearish side, candle body below the green...
MDA/BTC -local trendline breakout which is bullish -the price broke 50 & 100MA -4800 sats is our key support area -upside target is up to 6400 sats -stoploss is below 4500 sats
Entry : 0.00007200 - 0.00006929 - 0.00006476 Target 1 : 0.00008955 Target 2 : 0.00009860 Target 3 : 0.00014876 Target 4 : 0.00018640 Target 5 : 0.00022740 Target 6 : 0.00032294 Stop loss : 0.00005488 Risk/Reward : 20%/350%
MDA/BTC MDA broke bullish of this descending channel and the price manages to hold the 200 Day MA too. This signals strong buying present at these levels. The price is a bit extended and also the RSI is touching the overbought condition. I won't be surprised if MDA pullbacks to retest old resistance turning into new support to continue higher.
Two descending scallops present one led to a big move, the other a small move but possibility for a larger move.
Wait For Wedge Breakout then Buy otherwise ignore Trade You Can Buy MDA as Shown in Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
MDA Full Trade Setup. You Can Also Set Stop Loss own RR Ratio. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Bearish divergence on the lower timeframe, the wave is over...time to take some profit!