#MDT(SPOT) entry ( 0.03670- 0.04260) T.(0.08959) SL(0.03547)BINANCE:MDTUSDT
entry range ( 0.03670- 0.04260)
Target (0.08959)
SL .1D close below (0.03547)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #MDT ****
MDTUSDT
Measurable Data (MDT)MDT is a decentralized data exchange economy built on the Ethereum Blockchain.
mdt token is a standard ERC 20 token and facilitates the economy of the MDT ecosystem, It denominates the value of big data and serves as mechanism for utility in the ecosystem.
recently Chain announced the acquisition of the MeasurableData platform in a deal worth over $100 million
in a month MDT price moved from 0.025 to 0.036 and today we had 80 million volume
short tg 0.039 , 0.043 , 0.051
MDT ANALYSIS🔮 #MDT Analysis 🚀🚀
As we can see that #MDT was trading in a descending channel and given a breakout and also retesting the levels. We can see bullish movement or a reversal from its crucial support zone 💸 💯🚀
💸Current Price -- $0.03980
📈Target Price -- $0.07600
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#MDT #Cryptocurrency #DYOR
MDTUSDT.1DAnalyzing the daily chart of MDT/USDT (Measurable Data Token paired with US Dollar Tether), I note several key technical details and their implications on potential trading strategies:
Trend Analysis
The chart depicts an overarching bearish trend since April, with price peaks progressively declining. This downtrend was temporarily challenged by recent upward movements, but the price has yet to convincingly break the descending trendline (S1), which continues to act as dynamic resistance.
Support and Resistance Levels
R1 ($0.04800): This resistance level has been tested multiple times, most recently in early August. It's a crucial marker for any bullish reversal.
R2 ($0.05605): Slightly higher, R2 represents a significant historical resistance level. A break above R1 with substantial volume could see prices testing this higher resistance.
S2 ($0.03350): Currently acting as the nearest support. It's important because it held during the latest bearish momentum in July, suggesting a potential bounce-back point if retested.
Technical Indicators
MACD: The Moving Average Convergence Divergence is showing a slight bullish crossover, though the histogram is near zero, indicating a potential shift in momentum but with limited strength.
RSI: The Relative Strength Index is around 47.51, which is neutral. It neither suggests overbought nor oversold conditions, indicating a balance in buying and selling pressures.
Current Market Position
The price at around $0.04399 is slightly above S2 and below R1. The recent price action suggests a tentative recovery, but the ongoing pressure from the descending trendline (S1) and resistance at R1 caps upward movements.
Trading Strategy
Given the market's position, a cautious approach is warranted. Watching how the price behaves around the descending trendline S1 will be key. A breakout above this trendline with a clear close above R1 could signal a change in the prevailing bearish trend and might offer a buying opportunity with a target of R2, placing a stop-loss just below S2.
Conclusion
In summary, MDT exhibits signs of potential recovery within a broader bearish context. A conservative trading strategy would be to wait for a confirmed breakout above key resistance levels before entering long positions. Additionally, keeping an eye on the MACD and RSI for stronger bullish signals could help refine entry and exit points. As always, traders should be prepared to adjust their strategies based on evolving market conditions.
MDTUSDT.1DMDT/USDT Daily Analysis
As we examine the MDT/USDT daily chart, it is evident that the price is currently trading within a range-bound consolidation phase. The price has recently tested and respected the support level (S1) at $0.03530, which has acted as a strong demand zone, providing stability and preventing further declines.
The resistance level (R1) at approximately $0.04310 has been a significant barrier for the bulls, as evidenced by multiple rejections in the past. This level is crucial for any bullish continuation. If the price manages to break above this resistance, the next target would be the secondary resistance (R2) around $0.05161.
The chart shows a potential bullish breakout, as the price is currently attempting to surpass the descending trendline that has been governing the downtrend since early May. A successful breakout above this trendline would likely confirm a reversal, leading to further upward momentum toward R2.
The MACD indicator, though currently showing a slight bullish crossover, remains relatively neutral, indicating a lack of strong momentum in either direction. However, the histogram's positive value suggests that buying pressure might be gradually increasing.
The RSI is currently at 43.15, indicating that the asset is neither overbought nor oversold, providing room for potential upside. The RSI's recent upward movement is a positive sign, hinting at a possible shift in market sentiment toward the bulls.
In conclusion, MDT/USDT is at a critical juncture. The price action suggests a potential bullish breakout, but confirmation is required with a sustained move above the R1 resistance level and the descending trendline. Should this occur, we could expect further gains toward the R2 resistance. However, failure to break above R1 could result in continued consolidation or a retest of the support at S1. Traders should remain cautious and look for strong confirmation before taking any positions.
MDT ANALYSIS🔮 #MDT Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #MDT. It's a daily time frame breakout and we will see more higher price in long-term. After a successful retest, we could see proper a rally 📈📈
💸Current Price -- $0.04472
📈Target Price -- $0.11320
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#MDT #Cryptocurrency #Breakout #DYOR
#MDT/USDT#MDT
The price is moving within a descending channel pattern on the 4-hour frame and broke it upwards after adhering to it significantly
We have a downtrend on the RSI indicator and it was broken upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.04000
We have a trend to dot above the moving average 100
Entry price 0.04500
First target 0.04833
Second target 0.05127
Third target 0.05470
MDTUSDT long Spot TradeMDTUSDT Elliott Wave Technical Analysis
Mode: Corrective
Structure: Zizag
Position: Wave (c) of (x)
Direction: Wave (c) of (x) is still in play
Details: Wave (x) is still in play which I expected to be end around 0.080-0.068 forming a running flat, which will be my entry point.
Next Direction: Wave (y)
Targets: the area between 0.16-0.17 with 100-125% profit.
if it break the last high at 0.17888 then take a look on the Alt version bellow.
Wave Cancel invalid level: Daily closing below 0.045 with 40% loss, big loss so think a lot before you enter this trade.
ALT:
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
#MDT/USDT#MDT
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have a bounce from a major support area in the color EUR at 0.04150
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.04750
The first target is 0.06000
The second target is 0.06745
The third goal is 0.07700
Bearish Pennant Pattern and Support Breakout in MDTUSDT CoinAnalysis:
Chart Pattern: MDT/USDT is showing a Bearish Pennant pattern below the support level, indicating potential for further downward movement.
Support Breakout: The coin has broken below a key support level, suggesting increased selling pressure.
Target Price: Estimate target prices based on the height of the pennant.
Cautionary Note:
Be careful, as trading cryptocurrencies involves significant risks. Ensure to assess your financial situation and investment goals before making any decisions.
Stop-Loss: Set a stop-loss slightly above the pennant's upper boundary to manage risk.
MDT/USDT Breakout alert!! This is bullish momentum for the move!💎 Paradisers, MDT is indeed displaying intriguing movements that demand close attention.
💎 The successful breakout from the descending channel is certainly a bullish signal for the movement. With the price already retesting the trendline, it appears poised for further upward movement towards the next target, which lies within the supply area of 0.09 to 0.0967.
💎 A successful breakout above this supply zone would confirm MDT's return to a bullish trend, potentially leading to significant upward momentum towards our target strong resistance area.
💎 However, if MDT fails to sustain above the supply area and experiences a strong rejection indicated by a bearish candle, there's a possibility of a retracement back to the downside.
💎 In such a scenario, the price could revisit the demand area and even potentially drop to the strong support area around 0.0555.
💎 When MDT reaches the strong support area, it's crucial for it to bounce back and resume its upward trajectory in order to make another attempt at breaking the resistance. Considering MDT's history of bouncing off key support levels, there's a chance it could repeat this pattern and move back towards the upside.
💎 It's important to remain vigilant and monitor MDT's price action closely. A breakdown below the demand area, confirmed by a daily candle close below it, would invalidate the bullish scenario and could lead to further downward movement.
MyCryptoParadise
iFeel the success🌴
MDT ANALYSIS🔮 #MDT Analysis
🌟As we can see that #MDT was following Falling Wedge Pattern in 12hr time frame Currently #MDT is trading around its descending trendline. Broken out of pattern could lead to a bullish rally📈📈
🔖Current Price --- $0.06300
🎯Target Price -----$0.11175
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #MDT . 🚀💸
#MDT #Cryptocurrency #DYOR
#MDT/USDT#MDT
The price is moving within a 12-hour downtrend channel that it is firmly committed to, and has just broken through
We have a green support area at 0.0550 and have been bounced from
We have a tendency to stabilize above the Moving Average 100
We have a bearish RSI and are about to break out
Entry price is 0.06100
The first target is 0.07400
The second target is 0.08260
The third goal is 0.09150
Mdt Plan The MDX/USDT pair is showing signs of an upward trend in the short term. A breakout of the symmetrical pattern has occurred, suggesting a potential bullish movement of 15-30% in the near future. However, please note that this information is not financial advice, and it is recommended that you conduct your own research (DYOR) before making any investment decisions.
MDT Will Moon Like FET - DO NOT MISS IT MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
MDT has had a very strong breakout , These breakouts can often continue longer than people think. MDT should have a breakout like FET and continue to moon. This has very good market structure and good price action . These structures are how you can make good returns on investment / on your trade
Please watch the video for more information
MDT wants to follow PHBMDT VS PHB
Both coins are AI coins
Both have small MC
Both printed Huge Ascending triangle
Phb pumbed hard recently so all the eyes on MDT now
It looks so obvious it wants to follow it’s sister
Note : MDT above our entry by 60% but will continue pumping hard once it brokes the massive bullish pattern
Best of luck
MDT LONG TERM ANALYSIS (1W)First of all, you should know that MDT is very volatile and takes time to move up.
Examining the MDT waves, it looks like we have a large diametric on the chart that now has price trying to complete the rising E wave.
We have specified the mid-term targets on the chart, it is better to count more on TP 1.
Closing 1 weekly candle below the green range will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You