$MEDIA Update-Wedge break jump up to $23.45Bullish breakout from wedge up thru 2 Fib levels to $23.45, retracement to $15 then some recovery back up to current $18.50.
MEDIAUSD trade ideas
$MEDIA Update-Respecting channel-Long up over 23% from last postLong still running up over 23% from last post.
I plotted a convergence date when price will be squeezed which is 2/14/2025.
Flashing bullishness trading above/near 200MA. Supertrend still showing bearish for now. Keep an eye on this over the next week or two.
MEDIA incoming squeeze by 9/5Looking at 1 day chart, 200MA, Supertrend = I plotted this Incoming wedge squeeze will make the price pop or drop near Thursday 9/5. Likely down to 23.6% Fib at $10 or up to 61.8% fib at $13.20. Anything could happen though. Selloff down to 0.0% at $8 or micro buying frenzy back to 100% at $16+.
✅RSI is slightly moving up from 40
✅MACD line is showing bullish above the signal line and green histogram
$MEDIA 120% Hot Setup, uuuge Red Falling Wedge Targets Here >>MEDIA 120% Hot 🔥🛗🔥 Setup >>
SET:MEDIA 120% Hot Setup, uuuge Red Falling Wedge Targets Here >>
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MEDIA Network Protocol - low market cap altcoin on BASEIt allows anyone to organically serve content without introducing any trust assumptions or pre-authentication requirements. Participants earn MEDIA rewards for their bandwidth contributions, a fixed supply SPL token minted on Solana’s Blockchain.
High risk high reward and would be lying if I said it wasn't a good value buy right now for later in the bull market.
Not sure what that massive spike was but I expect lots more volatility given its only 8 Million dollar market cap!
NFA
Media Network - MEDIAUSDC - Gems SeriesGreetings,
Welcome back to Gems Series!
Update on Dec 8, 2024 - The ascending channel pattern is still intact and with other alts moving, this looks ripe to break out soon.
Idea Published On Dec 7, 2024 -
Today we will be talking about Media Network and it's token MEDIA.
This coin recently had a breakout after a long period and it appears like the bottom is in.
Since the breakout it has consolidated and created an ascending channel which may give way to a move up soon.
Here is the report on the selection criteria.
1- Project Status = Active
2- Industry = Data, Computing
3- Community Involvement = Healthy
4- Prominent Listings = Coinbase
5- MarketCap = $3M
6- Coin Supply = Cir: 250K, Tot: 10M
This is a microcap project and have high risk but it is listed on Coinbase which is world's most trusted crypto exchange. Based on the factors, this coin has a potential for 10x to 100x (and due to micro cap even 1000x) rally.
Yesterday we published this and another idea where we had shared link for of some other platforms where we are present which was against TradingView's house rules therefore both the ideas got banned. Please make sure that you do not make the same mistake.
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
Future projected Price levels Hit or miss depends on volumeReference only. Low volume market and quiet so pay attention if your watching. No further updates on here. Just thought i would share.
MEDIAUSDLooks like the reversal has started. Hope to see a nice trend up soon. No guarantees. If a whale comes in and shorts it, indictors mean nothing. that said, the profit appears to be to the upside.
My heads up that a reversal is approaching is:
1) SMA's 2,4, 6 have changed color
2) StochRSI is at 0
3) DPO is at a low
My entry is based on a multi confirmation:
1)StochRSI has come off of 0 to 30.00
2) DPO has made its first move off its low.
3) better yet if SMA 2 has crossed 6
Indicator Settings:
Renko chart style. I set mine at 26 to play the longer trends.
SMAs = 2,4,6, 33 (instead of 33 you can 20 or 50)
StochRSI = k=2, D=3, RSI Length = 1, Stochastic Length =2
DPO = Length of 1 with Gaps on
This was a quick post. What is about to happen?I was rushed and in a hurry so have a good day everyone.
Its very cold.
Watch the coinbase fees when you buy and sell.
Do the math and make sure your not getting robbed.
I saw this pattern and its not in the correct location but gives you an idea of what could happen today
I have decided to trade. Lets Rocket Moving Average Support
Its been a couple weeks since i traded but i think i still remember how.
Ready
Looks like a S**t storm is about to happen!!!!Manipulation is taking over
Guess that is what happens when a crypto rallies 2000 % during a bear market
Some people bought really high and now they are crowding the order books with low buy volume.
It will start dropping anytime.
2000 % should of never happened I posted earlier today with a forcast up to 275% and i really wish i didn't.
The market price went up to 85.00. This was not a good thing because immediately after
the market price dropped 70%.
This rally or manipulation by a select group of people did some damage.
The October Low was only 4.00 and now the November high is 85.00.
Now traders are looking at a 95% or more drop from the 85.00 high that could happen before
The end of the month.
This was bad manipulation not good.
Watch closely over the next 3 weeks.
It will crash hard and fast when you least expect it or curve down with manipulation to
keep most hopeful for another rally while getting liquidated in the process.
This happens all the time.
I hope people got out with some gains before it crashed.
The buyers dropped to 8.00 during the peak and left many in a risky position.
Thats why i say this was bad manipulation. Pumping it up so high and giving plenty
of time to take profits in between. This is what i call dirty trading.
I could be wrong...>This chart is based on the current trading activity and past trading patterns.
Prepare for the worst.
correction incoming
Forget Cloudflare, Fastly and Akamai, here comes $MEDIACDN industry is worth hundreds of billions of US dollars.
Media network is a decentralized economy blockchain aiming to disrupt the legacy CDN companies.
Buckle up, for $MEDIA is a sleeping giant.
Volume coming inFor w.e reason after almost 2 months of nonstop dropping this thing finally started to get some buying pressure . So far as of this posting this weekly netvolume is over 9m. Maybe something fundamentally changed, who knows, but this can be a sign of a reversal. As of now market cap is only 11.8m so money can easily flow into this thing for a quick 10x if it gets over an 100m marketcap.
