#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.
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
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...
