Mdx is Bearish #Mdx is in Big falling wedge at daily time frame and it will keep dumping.
At 4hrs timeframe, Red descending triangle breakdowns but a retest is pending. Might be possible price goes up to red line to retest triangle and then it will go down. Also it can go down without a retest.
MDXUSD
Mdex (MDX) formed bullish Shark for upto 21.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Mdex ( MDX ) with US Dollar pair.
In the previous trade of MDX , the priceline slightly moved down than the potential reversal zone, however, recovered soon and pumped well.
Now on a 4-hr time frame, MDX has formed a bullish Shark move.
Mdex (MDX) formed bullish Shark for upto 21.50% pump
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
Mdex (MDX) formed bullish Gartley for upto 18% pumpHi dear friends, hope you are well and welcome to the new trade setup of Mdex (MDX) with US Dollar pair.
Previously we caught a nice pump of MDX as below:
Now on a 2-hr time frame, MDX has formed a bullish Gartley pattern.
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
MDX has recorded a 13% gain over the past 24 hours!MDX has recorded a 13% gain over the past 24 hours. The price of this currency was supported in the range of 0.096 to 0.105 dollars, which is the support range of the rand, but there is a need to retest this range to recheck the possibility of growth. If this support is maintained and the resistance of the downward trend line is broken, the possibility of further growth and moving toward the resistance range of $0.220 to $0.270 will increase.
MDXUSD Hit its 1D MA200 for the first time ever!Mdex (MDXUSD) hit and broke above its 1D MA200 (orange trend-line) today for the first time in its trading history. This comes after a prolonged selling sequence starting from the September 06 2021 High, whose Lower Highs trend-line actually broke 3 days ago.
This is a major bullish break-out for this token but in order to be completed we ideally want to see a 1D candle closing above the 1D MA200. In that case, we can target each Fibonacci retracement level but still would be best to avoid the 0.382 - 0.5 Fib Zone due to its High Volatility trading during mid January - April 2022.
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How long will continue pump MDEX MDX price ?Today we will consider the trading pair MDXUSDT
The price of Mdex has been steadily pumping for a week, and it is on the fall of the crypto market.
We do not know what this pump is connected with, if you know, please share the information in the comments.
This pump looks like a "feast during the plague", so we do not participate in it. Because the coin started its trading from around $3, then a sharp rise in price to $10, and then a stable and clear drop in the MDXUSDT price from $10 to $0.06 for a protracted 20 months, does not cause us much confidence.
Let's share our opinion based on what we see on the MdexUSDT chart:
1. The MDX price pump may continue if buyers can consolidate it above $0.125.
The first global target of the pump is the $0.20-0.30 range. It is very likely that it was in this zone, earlier, in February-April 2022, that buyers bought longs, because they thought that this was the "bottom" and then only growth. As a result, they received: six months of drawdown and the "second bottom" as a gift at 4 times cheaper price.
So now those who previously bought longs at $0.20-0.30 will be happy to sell them at break-even in this range and get out of a protracted unprofitable position, this is how human psychology works.
2. If buyers fail to fix the price above $0.125, then a scenario with the third bottom and the MDXUSD price below $0.05 is very likely.
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MDX's chance to climb!This symbol has a chance to rise from the announcement area. Do not forget to stop and manage capital
MDX - Prepare for a massive breakout! + Huge parallel channel
MDX is forming a well respected descending channel on the daily/weekly chart and we are very close to a breakout!
Regarding my Elliott Wave analysis, this massive impulse wave has been completed and that's why we can expect an ABC correction to the upside.
Also we have a local rectangle consolidation, which is always very good to see at the end of the downtrend for a potential breakout trade.
The first profit target is at the strong resistance - wave (4) + double TOP, but i think we can go even higher later.
I think MDX is a great choice together with KP3R!
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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Mdex (MDX) formed bullish Gartley for upto 16% pumpHi dear friends, hope you are well and welcome to the new trade setup of Mdex ( MDX ) with Bitcoin pair.
On a 4-hr time frame, MDX has formed a bullish Gartley pattern:
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
MDX looks greatOnce price leaves the green box, we can see a rally. VPVR showing almost no resistance till 1 usd. From history we know that coins can do 2-4x very easily - SLP or JASMY. MDX is not in futures on Binance - same like those two coins. about PA we can see that bulls are strong and I think that first target can be reached soon. Only be careful if new 3M candle turn red. But in week or two we should be happy. GL
NOT FINANCIAL ADVICE
MDX HIGHLY RISKY SETUP!Mdx lost around %99 of its value in a year from its all time high.
Its losing its value for 6 months in a row.
Right now, a falling wedge type of pattern is forming and RSI is near oversold area.
This may mean a reversal can come.
But the main problem here is FED.
FED increasing interest rates cause money outflow from risky markets and this kinds of unknown coins bleed a lot.
This is not a high volume asset. Meaning there is no interest in this asset. Therefore buying this, even after losing around %99 of it value, consist high amount of risk.
For the long term i can invest %1 of my portfolio when FED stop increasing rates, if price is still around here.
Setup looks like there could be a dead cat bounce type of actions in the near future but i will sit this one out since FED is real.
Thanks.
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short trem mdxit breaks a good resistance level and do you think it can become a good level of support?
MDX MDX/USDWave B seems to have ended due to irregular correction and we should expect wave C to be in the range of 1.618 Fibonacci from the previous wave.
We should also pay attention to the positive divergence in MACD and the double top pattern in RSI.
MDXUSD H16: 150% gains BEST Level to BUY/HOLD (SL/TP)(NEW)Why get subbed to me on Tradingview?
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MDXUSD H16: 150% gains BEST Level to BUY/HOLD (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: MDXUSD 16hour//candle chart review
::: strong bullish chart overall
::: speculative XABCD setup
::: accumulation in progress
::: however correction mode next
::: few weeks so for now recommend
::: to stay out of this market
::: recommend to focus on buying low
::: I don't think that we are ready to MOON yet
::: accumulation in progress / more time required
::: best trades near point C for the BULLS
::: it's a strong prior bull market so can
::: so expecting at least one final PUMP
::: BULLS get ready to BUY after pullback
::: TP bulls is 150% gains
::: TP BULLS +150%/+200% gains max
::: patience required next few weeks
::: BEST reload BULLS is near range lows
::: as we are getting ready for a move now
::: final TP BULLS is +150%/+200% gains max
::: BULLS seek to BUY LOW near 1.30 USD
::: final TP BULLS is +160% at 3.00 USD
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/BUY PULLBACK
::: Sentiment short-term: BEARS/CORRECTION
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.