MLN
MLN LOOKS BULLISHFrom the place we entered "start" on the chart, it seems that our corrective diametric has started and now this diametric is over.
This has been a large diametric for wave B which now looks like we have entered a bullish wave C.
By maintaining the green range, it can move towards TP.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MLN - A Low-Cap Crypto with Massive Upside Potential 💎🔎 MLN is a small hidden gem on Binance and other major exchanges like Coinbase, Gate.io, and Kraken. With a tiny circulating supply of 2,665,562 MLN and a fully diluted market cap of just $53,424,254, this crypto could be a 💎 in the rough.
📈 MLN appears to be in an accumulation phase, trading within a purple rectangle range since May 2022. The white trendline has acted as a solid support so far, but it remains to be seen if it will continue to hold or if a breakdown might occur.
💰 Dollar-cost averaging (DCA) into MLN at these green levels could be a smart strategy. Aim to buy around the green zones and take profits in the red zones, especially between $42 - $49.
⏳ However, keep in mind that this is a weekly chart, so patience and a long-term perspective are necessary.
🚨 As always, do your own research (DYOR) and never invest more than you can afford to lose.
In summary, MLN presents an intriguing opportunity as a low-cap gem with a potentially bright future. 🌟 DCA into the green zones, hold through the accumulation range, and consider taking profits around the red resistance levels. But remember, DYOR and manage your risk wisely! 💯
MLNUSDT.4HBased on the provided market data, the currency MLN (Melon) is currently trading at a price of $17.73 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 30.13, 42.31, and 52.61 respectively. The RSI 4h is indicating an oversold condition, suggesting that there might be a potential price rebound in the short term.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are -0.29, -0.05, and 0.13 respectively. The negative MACD on the 4h and 1d charts indicates bearish momentum in the short term. However, the positive MACD on the 7d chart suggests a bullish momentum in the long term.
The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 19.73, 21.34, and 20.02 respectively. The current price is below the middle band in all the time frames, indicating a bearish trend.
The support levels for 4 hours, 1 day, and 7 days are $17.44, $16.80, and $16.41 respectively as the first support. The resistance levels for the same time frames are $19.24, $19.73, and $20.80 respectively as the first resistance.
In conclusion, the MLN/USDT pair seems to be in a bearish trend in the short term but has potential for a bullish trend in the long term. The oversold condition in the 4h chart may lead to a price rebound. However, if the price breaks the first support levels, it may continue its downtrend. If it breaks the first resistance levels, it might start a bullish trend.
Please note that this analysis is based on the current market data. Market conditions can change rapidly, and it's crucial to keep up-to-date with the latest information and perform your own analysis before making any investment decisions.
Enzyme (MLN) formed a bullish Gartley for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of Enzyme (MLN) token with USD pair.
Previously we caught a almost 22% pump of MLN as below
Now on a 4-hr time frame, MLN has formed a bullish Gartley move for the next price reversal.
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.
MLN/USDT - Enzyme Finance: resistance Breakout◳◱ Technical analysis to be included soon, stay tuned!
◰◲ General info :
▣ Name: Enzyme Finance
▣ Rank: 339
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Financial - Asset Management
▣ Overview: Enzyme Finance project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 23.93 ₮
▣ 24HVol: 10,180,607.191 ₮
▣ 24H Chng: 17.882%
▣ 7-Days Chng: 13.10%
▣ 1-Month Chng: 10.03%
▣ 3-Months Chng: -5.66%
◲◰ Pivot Points - Levels :
◥ Resistance: 21.36 | 22.06 | 23.47
◢ Support: 19.95 | 19.24 | 17.83
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.87
▣ Last 90D: -1.52
▣ Last 1-Y: -0.26
▣ Last 3-Y: 1.13
◲◰ Volatility :
▣ Last 30D: 0.47
▣ Last 90D: 0.59
▣ Last 1-Y: 1.02
▣ Last 3-Y: 1.65
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.62 - Bullish
▣ Reddit sentiment score is 0.73 - Bullish
▣ In-depth MLNUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Nibbled into Altcoins, AVAX, MLN, ADA, SPEEL & more1st few days of March we made it CLEAR something was amiss. We pointed out that $BTC had broken it's uptrend & intraday there were irregularities.
We couldn't pinpoint what it was. Only that something was not right.
We raised a ton of cash & have been nibbling here & there but nothing major. Unloaded more few days later.
Here's small list of #crypto #altcoins with good buy volume vs sell, TODAY, & have REVERSALS.
$AVAX
$MLN
$MANA
$TRU
$SPELL
$SHIB
$INJ
$JASMY
$BCH
To name a few
$MKR break out, $FARM not far, $CEEK gettin ready, $MLN soonCopy paste from all this morning
Pls see profile for more info
$MKR breaking out atm
Volume is weak though
#MAKER has done this many times over last few weeks
If not today it should do it soon
$FARM following
(few minutes ago - Volume coming in for $MKR)
---
$MLN #enzyme
Has been slowly creeping up
Look @ buy volume, very good
#MKR has treated us well over the last couple years
#defi #Crypto
---
$CEEK broke out of the 11 range but has not pumped
Was shocked at the move but had suspicion it wasn't ready, was right (post from a while ago)
Buy volume coming in = good
As you can see, all sorts of RESISTANCE in the 13 area
WHEN this breaks it'll fly
#p2e #crypto #metaverse
MLN getting ready, let's GO!POSTED b4
IMO 3 overlooked #crypto gems
$MLN #DEFI #assetmanagement
This bad boy's HIGHLY manipulated IMO
HUGE swings but = GREAT if you time them properly
Volume is KEY!
Usually @ support levels!
Shows some accumulation
#MLN been very fruitful
---------------------------------
New post
ZZZZZZZ
Come on $MLN you know you want to MOVE!
Just a lil more volume & trading above Red Mov avg!
Should move early Dec
Like small mkt cap & GREAT FDV(FDM)
#cryptocurrency #crypto
Enzyme (MLN) formed a bullish Gartley for upto 20.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Enzyme (MLN) token with USD pair.
Previously we caught a nice pump of MLN:
Now on a 4-hr time frame, MLN 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
$MLN down to $28-$40, then up to $300+?$MLN seems to be correcting in a bearish channel and it looks like we need to set one more lower low down to the $28-40 supports before price will start to move up again.
I'm short term bearish through March-April. Then long term bullish on the project as I think it could see a 600-700% return from those levels.
Let's see how it plays out.
MLN ENZYME READY FOR NEXT PUMPAm gonna try to catch the next pump on MLN/USTD. Eazy quick 2/3x short term.
🆓Enzyme (MLN) Jan-20 #MLN $MLN
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 70$ zone
🔴Buy : 70
🔴Sell : 85 - 100 - 120
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 70$ zone
🔵Sell : 70
🔵Buy : 60
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
MLNUSD - Time to buy !!! ???Hello,
We had interesting trades with melon over time, hopefully this time it will release a sum of money at the price of $160 or more.
Check the previous posts about MLN also, nice asset with huge potential when market is on short phases.
Remember, this is not a trading advice,
St.Gex