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eggstebantrader
Oct 19, 2019 11:00 PM

MDABTC Long

Description

MDABTC the price has lost support from all the smmas , Wait to check if the price gets smma support (7) and that will take the price to the correction of he smma lines, so the price will increase with that movement taking you to the first target (yellow line ) and then a second target that will be the base line of the channel, all this combined with the macd (wait till it gets positive )

Comment

Market is taking good signals
Comments
AdibCrypto
hi bro, what do u think now? can hold this support(.00009)?
eggstebantrader
@MrAdibfar, Hi I want you to please notice the volume tradingview.com/x/04nwgGel/, has dramatically decrease on SELL, my opinion is that (0.00009) will give a good support only if the Stochastic RSI and MACD turn to the positive side and the price gets back in the trend channel,

conclusion:
for the moment I dont see the support line (0.00009) bouncing the price up, because previous patterns
but again look a the MACD on the picture, if it does turn to the positive side, then profits are big.
AdibCrypto
@eggstebantrader,good analysis, Thank u so much.
eggstebantrader
@MrAdibfar, Welcome
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