#Mdx is in Big falling wedge at daily time frame and it will keep dumping.
At 4hrs timeframe, Red descending triangle breakdowns but a retest is pending. Might be possible price goes up to red line to retest triangle and then it will go down. Also it can go down without a retest.
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
MDX has recorded a 13% gain over the past 24 hours. The price of this currency was supported in the range of 0.096 to 0.105 dollars, which is the support range of the rand, but there is a need to retest this range to recheck the possibility of growth. If this support is maintained and the resistance of the downward trend line is broken, the possibility of further...
Mdex (MDXUSD) hit and broke above its 1D MA200 (orange trend-line) today for the first time in its trading history. This comes after a prolonged selling sequence starting from the September 06 2021 High, whose Lower Highs trend-line actually broke 3 days ago.
This is a major bullish break-out for this token but in order to be completed we ideally want to see a 1D...
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...
MDX is forming a well respected descending channel on the daily/weekly chart and we are very close to a breakout!
Regarding my Elliott Wave analysis, this massive impulse wave has been completed and that's why we can expect an ABC correction to the upside.
Also we have a local rectangle consolidation, which is always very good to see at the end of the...
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
Once price leaves the green box, we can see a rally. VPVR showing almost no resistance till 1 usd. From history we know that coins can do 2-4x very easily - SLP or JASMY. MDX is not in futures on Binance - same like those two coins. about PA we can see that bulls are strong and I think that first target can be reached soon. Only be careful if new 3M candle turn...
After bitcoin's crash, I found out this token - MDX which shows its strength with maintainance over neckline of H&S pattern, also EMA200.
Buy some here.
TP 2.07/2.4
SL 1.59 (too near the entry)
Mdx lost around %99 of its value in a year from its all time high.
Its losing its value for 6 months in a row.
Right now, a falling wedge type of pattern is forming and RSI is near oversold area.
This may mean a reversal can come.
But the main problem here is FED.
FED increasing interest rates cause money outflow from risky markets and this kinds of unknown...
Wave B seems to have ended due to irregular correction and we should expect wave C to be in the range of 1.618 Fibonacci from the previous wave.
We should also pay attention to the positive divergence in MACD and the double top pattern in RSI.
Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like...
