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
on...
MDA/BTC
-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/BTC
-local trendline breakout which is bullish
-the price broke 50 & 100MA
-4800 sats is our key support area
-upside target is up to 6400 sats
-stoploss is below 4500 sats
MDA/BTC
MDA broke bullish of this descending channel and the price manages to hold the 200 Day MA too. This signals strong buying present at these levels.
The price is a bit extended and also the RSI is touching the overbought condition. I won't be surprised if MDA pullbacks to retest old resistance turning into new support to continue higher.
Wait For Wedge Breakout then Buy otherwise ignore Trade
You Can Buy MDA as Shown in Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
MDA Full Trade Setup.
You Can Also Set Stop Loss own RR Ratio.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
