MOODENGUSDT
Falling wedge = more bullishIs Moodeng really going to show us a falling wedge wich means it is more bullish then we thought… Time will tell! After a rise of almost 150% yesterday. Moodeng can fall. Who knows how far. But it is making itself ready to go skyrocket.
This is no financial advice.
Always do your own research!
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