without_worries

MDEX (MDX) - Strong bullish divergence

Long
BINANCE:MDXUSDT   MDX / TetherUS
Of all the tokens in all of Binance, only two look massively bullish at this time.

The first is MDX with a near 70% correction since April. A number of reasons now exist to be long:

1) A strong buy signal prints with multiple oscillators printing positive divergence.

2) Price action breakout from falling wedge formation.

3) RSI resistance breakout.

4) It is the 10/8/& 5-day charts that makes this one particularly bullish. On the 8-day chart a perfect Dragonfly DOJI prints on the BTC pair. Prints on all of the mentioned time frames. These signals are like a catapult to price action.

Is it possible price action falls further? For sure.

Is it probable? No.

WW

Any guesses what the 2nd token is? Get this post to 100 likes in the next 48 hours and I'll publish. In some ways it is more bullish than MDX. It begins with a 'D' ;-)


8-day chart

10-day BTC pair with perfect DOJI following incredible buy

Type: trade
Risk: <=6% of portfolio
Timeframe: 1 to 2 months
Return: Back to April levels from flagpole extension.
Comment:
Forgot to say, this one is on the 'what if' list.
Comment:
Did you guess the one beginning with 'D' yet? It is more or less a mirror copy of NMR before it did this:

Trade active
Comment:
You see the breakout?

You see the divergencies?

3-day chart
Trade active:
MDX

JASMY

See a pattern?
Comment:
Feeling FOMO?

Remember the JASMY fractal above... honestly I don't get paid enough for this.
Comment:
A sell signal just printed on the daily, might be an opportunity for a swing trade.

Trade active:
For anyone still interested in this one a significant move is about to print,
circa 3 to 4x

3-day chart
Comment:
PS: The expected move is a mirror copy of the one when the idea was published. Cannot be bothered writing a new idea.
Comment:
okay to be long again.


BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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