FieryTrading

MDA/BTC Two Engulfing Candles

Long
BINANCE:MDABTC   None
MDA/BTC has drawn two engulfing candles in the last 4 days. Bullish engulfing candles are generally a good reversal indicator, and now we have two of them!

In October this pair has seen some strong growth with big candles drawing in rapid succession. Will history repeat itself?

Im considering Resistance 1 and Resistance 2 as two potential targets, feel free to set your own.

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