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! 💯
Mlnusdtlong
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.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -