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MDXUSDT

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. Follow for more information and charts about markets and global economy.
by thegreatwall38
MDX coming into the .27 FibonacciFibonacci retracement on MDX token. This has been going down severely ever since they dropped their APR on those that locked up their MDX for 1 year. So it has seen an 84% decline. But this is a potential player in the defi space and if they can bring back the APR rates thy could survive but for now I am very interested what the next week will look like. But I think the best time to buy will be next summer when the mdx locked up in the boardroom is finally being released. If you can wait till next summer fall you can probably pick this token up for .10-.20. I do expect some bullish behavior in the low time frames since BTC is looking to retest 53-55K
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by FLASHGORDON10
Crypto MDX/USDT (A Good Defi Project?)View on MDX/USDT (21 July 2021) Let's get straight to the point. MDX is a good DEFI project but it's native token (MDX)also suffered just-an-another-defi-token syndrome and the value of it have been dropping. We are seeing some bullish looking Pin Bar price action but too early to stay the reversal. It is definitely too late to short and if there is any bullish attempt, it can s wing back UP to $2. Let's see and take it easy. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
7
MDXUSD H16: 150% gains BEST Level to BUY/HOLD (SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! 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.
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by ProjectSyndicate
7
mdxWhat Is Mdex (MDX? MDEX is a new decentralized trading protocol that launched in January 2021. MDEX is an automated market making (AMM) decentralized exchange protocol that operates on the concept of fund pools, sharing some similarities with standard DEXs, but differentiating itself from competitors by using a dual-chain model modeled on both the Ethereum network and the Huobi Ecological Chain (HECO), which gives it access to the liquidity of the Ethereum ecosystem. A trading platform built on top of HECO, MDEX has an estimated cost for token swaps at $0.001 for each trade, with a transaction speed of three seconds. #### What Makes Mdex Unique? The vast majority of DeFi projects live on the Ethereum network as ERC-20 assets, but it is facing problems with expensive gas fees and slow transaction speeds during its transition to Ethereum 2.0. Most newly-developed protocols heavily consider scalability factors in their choice of blockchain networks if they want a fast adoption rate. Uniswap at least had an early-mover advantage, since it launched before the Ethereum network became heavily congested — and some say that Uniswap itself is one of the main reasons for the network’s congestion, However, Uniswap’s market majority could change really fast if second-layer solutions are not rolled out in time and deliver their expected results. For this reason, the Huobi Ecological Chain-based Mdex claims a unique characteristic of being based on a chain that aims to avoid scalability problems. #### Related Pages: Check out Uniswap here. Check out SushiSwap here. Learn more about DEXs here. Read about crypto on the CMC blog. ### How Is the Mdex Network Secured? Huobi, the Seychelles-based crypto exchange founded in China and listed in Hong Kong, is a cryptocurrency trading platform. Huobi officially launched its eco-chain HECO in December 2020: the new platform claims to have a maximum 500 transactions-per-second (TPS) rate, transaction confirmation time of three seconds and a gas fee of $0.001. #### MDEX’s Dual Mining Innovation There are instances where transactions made on MDEX can cost almost nothing, sometimes resulting in even negative charges, since users are given rewards for trading and mining, effectively canceling out the costs of transacting on the network. #### MDEX’s Deflationary Tokenomics Keeps MDX Sustainable MDEX’s tokenomics follows a “repurchase and burn” model, which decreases the circulating supply of the MDX token over time, driving up its value. This model keeps the value of MDX sustainable over the long run. Its tokenomics are also further supported by the “repurchase and reward” model, which further incentivizes MDX holders to keep their tokens. On top of yield rewards, MDX tokens can also be used to participate in the governance mechanism of one of the fastest-growing DEXs in the market. Holders can propose and vote on the listing of a token on the MDEX market or collateralization of any other asset. #### MDEX’s Protocol Compatibility Brings Project Partnerships MDEX is designed for users and project developers as it implements an automated market maker (AMM) that facilitates low slippages for trades, good market depth and high yields for transaction and liquidity miners. Huobi and HECO-based projects also use the deployment of MDEX as it facilitates the trade of these networks’ supported assets. Ethereum-based DeFi protocols such as AAVE, BAL, LINK and YFI have also begun liquidity mining on MDEX. ### Where Can You Buy Mdex (MDX)? Mdex is trading on markets including Huobi Global, Gate.io and the MDEX exchange, among others. Learn more about how t
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by DrGhanizadeh