MVUSDT Staging its first bullish pattern ever

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For this particular analysis on GensoKishi Metaverse we are using the MVUSDT symbol on the KuCoin exchange.
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The idea is on the 1D time-frame where MV has been trading within a Channel Up (log scale) since the August 23 2022 Low. Until then, the sell-off was extremely strong and is evident on the 1D MACD, which despite this 1-month recovery, it just hit the 0.000 neutral level.

The 1D MA50 (blue trend-line) is now the Support and the 1D MA100 (green trend-line) the Resistance. A break below the 1D MA50 could initiate a test of the 0.15800 Low while a break above the 1D MA100 may target the 2.0 Fibonacci extension as a Higher High. Beyond that, we can only consider buys after each Resistance Zone breaks. Ideal signal for a long-term buy would be when the 1D MA50 crosses above the 1D MA100.

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