A clear comparison, I expect the breakout of the most recent triangle to be larger than the first, as it is a larger formation, yet it still contains all the components of the first
Good buy opportunity as price moves out of the Fibonacci circle (3.618)
MDABTC 100x gem ( mid term hold )
MDA 100x Gem. BE ready it,because we're probably not having one of these again in yeears.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
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 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.
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.
MDA/BTC
MDA is strap inside the down-trend channel with a series of Lower High and Lower Lows.
Bears are in immediate control as 50 and 100 MA is acting as strong resistance to keep the price below it.
Price is currently seating in an area of strong support and hoping for the Bulls to step in to finally end this deep pullback.
