BINANCE:MDXUSDT has corrected a whopping 98% from its highs.
It has not followed BTC's bullish rally and currently lingers near a strong demand zone.
If we are to follow Wykoff's Accumulation Schematics, we could be entering Phase C.
Phase A began with Prelim Support / Selling Climax before a 320% Auto Reaction.
This strong rally pushed our resistance zone...
Hi dear friends, hope you are well and welcome to the new trade setup of Mdex ( MDX ) with US Dollar pair.
In the previous trade of MDX , the priceline slightly moved down than the potential reversal zone, however, recovered soon and pumped well.
Now on a 4-hr time frame, MDX has formed a bullish Shark move.
Mdex (MDX) formed bullish Shark for upto 21.50%...
Hi dear friends, hope you are well and welcome to the new trade setup of Mdex (MDX) with US Dollar pair.
Previously we caught a nice pump of MDX as below:
Now on a 2-hr time frame, MDX has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
I am long.
Some serious consolidation here charging up for a large move imo.
If the market continues to push green, I think there's a good chance we see 30 cents Mdex. However, we also saw relative strength of MDEX flourish during the past few weeks as you can see on the chart, so we'll see how it reacts to the market if we get a bullish rally (decorrelated? I...
Today we will consider the trading pair MDXUSDT
The price of Mdex has been steadily pumping for a week, and it is on the fall of the crypto market.
We do not know what this pump is connected with, if you know, please share the information in the comments.
This pump looks like a "feast during the plague", so we do not participate in it. Because the coin...
Hi dear friends, hope you are well and welcome to the new trade setup of Mdex ( MDX ) with Bitcoin pair.
On a 4-hr time frame, MDX has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Analyse technique:
Mdex est sorti de son canal baissier grâce à une ETE depuis peu de temps. Actuellement, il entame une montée à l'intérieur d'un canal haussier. Ouverture d'un long sur résistance du canal + 0.618 de Fibo + Rebond MA50 Daily
Divergence haussière en H4 et Daily - Le RSI est de 49,56
Position des take-profits
TP1= @ 2,3$
TP2= @ 3,2$
TP3 =@...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (3.050). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. MDEXUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (3.050). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. MDEXUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
