MDA/BTC looks pretty promising here
Huge Falling Wedge on the weekly scale
Bullish Divergence present on RSI
ADX showing strong bullish momentum
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MDA has just had a strong buying force, which could help MDA to pump up in the coming days.
MDA is heading to 3500sts zone again to conquer and increase to 4000sts, this is an important area and possibly a bearish reversal zone of MDA. If MDA continues to cross this area, it will increase to 5000sts or even 8000sts.
-Buy: 2600-2800sts.SL if B
BINANCE:MDABTC is one of the coins which is in downtrend for a long time. It could possibly pump more than expected.
(Profit could up to 510%)
1- MDABTC has got supported under lowest price and placed on fibo 161.8
2-We see ascending divergence in 12h time frame. (You can buy with confident in close of histogram)
3-We are expecting breaking...
It seems there is huge growth in the near future, maybe more than 100% profit, I think BINANCE:MDABTC MDABTC is in the good place for investing, it seems in this week all things will be clear.
this coin is is in downtrend for a long time.I like ma200, if price could past ma200 , by analysis of the past it would have much more growth after breaking trend line
-The price has pulled back to the previous support area
-Today, it is still consolidating at the key region
-This is also a potential double bottom
-If we can see an upside reaction
-If MDA can break the local resistance at 4500 sat area
-It will likely to test the trendline resistance around 5800 sat
-Bearish side, candle body below the green...
MDA is about to decide its direction.
If trend gets break up, 80-200% profit is possible.
In this case, it's better to wait for an open-close candle above $0.51 before buy some MDA. This will make the trade safer.
If it turns down or stays in a side-way; $0.40 will be the stop-loss level.
Another harmonic move:
Now this time on 2 day chart the price action of Moeda Loyalty Points (MDA) with Bitcoin pair has formed bullish harmonic Butterfly pattern.
Let's dig this pattern deeper to see how perfectly this pattern is driven:
The first leg was started from 5th Jan to 17 Jan 2020 and after that the next A to B...
Here is a simple analyses for MDA/BTC, I see it as a indecision moment, so I would not do anything in this asset.
I see that we are above to an important support level and below short term resistance line
I only enter in long position if we break the short term resistance line and acumulate above, and if we go bellow this important support level...
Hi Friends here I have found another fruitful trading idea.
This time Moeda Loyalty Points (MDA) with Bitcoin pair has formed harmonic pattern and that is bullish Gartley pattern.
Let’s dig the pattern deeper to see how perfect the pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci...
Moeda Loyalty Points ( MDA ) with Bitcoin pair has formed bullish BAT pattern and entered in potential reversal zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B...
In my previous article it we have seen that the Moeda Loyalty Points (MDA) formed a Cup & Handle pattern and was expected to take a very powerful bull move from the handle of the Cup, and after having some sideways trend the price action moved up and we have seen 102% gains produced by...
Priceline of World's 6th largest cryptocurrency out of more than 161th cryptocurrencies Moeda Loyalty Points (MDA) with Bitcoin pair is forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes...