MUE is at final stage of consolidation and its due for a move soon. Need few confirmations before going long!
MACD 1h,1d - looks good 3h seems to reset Stoch RSI 1h, 3h, 6h - looks good Ichimoku 1h - trading under the cloud 6h may touch the cloud 1d trading in the cloud everything on 3d and 1w looks promising will buy on wave 2 and sell at previous resistance levels
Totally ripped the idea off of a XBTUSD graph I saw posted by @_tm3k on twitter. Seems bullish tho amirite?
TA is getting less and less bullish imo. I really want to see a bounce here.
pros: - stoch rsi oversold - hidden bull divs on stoch rsi & rsi - tagged bottom of triangle - bullish sma cross (50 over 100) - accumulation zone between horizontal white lines - sell at top of triangle or let it run cons: - 200 sma above price... it might bounce off and get rekt - pray btc doesn't bounce hard and wreck your shit
Key things to note from the chart: - Price has challenged each Fib level respectively - Price hanging between 100 Day MA (support) and 200 Day MA (Resistance) - Market patterns show substantial moves every ~50 days (vertical lines) Entry would be relatively safe at this level with decision time (1/6-1/7) right around the corner. If my picks help you out, don't...
MUE in larger falling wedge for a long time! If we break that we can expected further upside! Weekly looking bullish! On daily playing with the clouds! Which doesn't happen often with MUE!
Broke accumulation resitance ~1800. EMA 50 cross 200 with high volume Short-term target: >3000. Medium term target: 4000-5000
$MUE heating up. Broke resitance out of accumulation. EMA 50 cross over 200 with high volume Short-term target: >3000. Medium term target: 4000-5000
we have broken right through support and band is quite wide, but I see a steep falling wedge...
Pair is bouncing from the GAP on Daily chart and created triple bottom. It is qquite possible that the pair will try to reach 2000. Target between 1500 and 2000 is quite reasonable
- Many of us heard about MUE coin burn (in a week) News all over the twitter, Here are the targets TP1 and TP2 based on : - Fib retracements levels and - Double Bottom Formation on Daily Chart.
Take this analysis with a grain of salt as it is just an idea. I was surprised to see the price maintain a somewhat sideways trend despite the attacks this summer so the hodling continued. Any feedback as to why you believe this asset is crippled and fundamentally lacking would be greatly appreciated. Thank you.