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Moodengbtc

Moodeng Buy/Long Setup (8H)From where we placed the red flash on the chart, it seems that a deep correction for MOODENG has started. It appears that a diametric is in the process of completion, and we are at the end of wave G of this diametric. As long as the SWAP range is maintained, the price could move toward the targets. A closing of an 8-hour candle below the invalidation level would invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1
Will MOODENG explode?With the data available from the MOODENG symbol, it appears to have entered wave C Wave B has been a diametric that has ended. We have specified the targets of wave C on the chart. Considering the small market cap of this symbol, one can hope for its growth, but you should not forget that it is a MEME and has its own risks. Now, the price has pumped up and it is risky to enter the position. The green range is the right place to enter the position. Closing a daily candle below the invalidation level will violate this 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
CRYPTO:MOODENGUSD
by behdark
2