MLN fell 99.3% both vs BTC & USD, in one of the most brutal bear markets. It had very few listings and was essentially only listed on Kraken, until the DeFi summer arrived. Enzyme was called Melon and it was one the oldest, smallest and most well managed ICOs in terms of how they spent their money. They really went through some very tough times and it was one of...
I entered this trade at 127 and have been waiting for it to mature. My profit target is currently 267, previous ATH lifted from Kraken.
Updating my previous analysis, primarily for my own reference: MLN has shown recent pattern of range double bottoms and pumps. Double bottom in this range recently registered at 127 and now slowly finding its way back up toward...
I have no technical or fundamental analysis for this prediction other than what you see on the chart and there being very low available supply. The potential for large holders to run this up into astronomical numbers is real. The tech is good.
This brings the idea of DEFI to an entirely different level, Check out the tech.
It's DEFI and we all know what's going...
MLN has been week against BTC recently but maybe we can't do worse than this,
it's worth a shot to long from here to me, chart and volume profile looks like we are at strong demand, let's see
1:3 R-R trade setup
#MLNUSDT
$MLN is trading inside a long term parallel channel with long wicks above that shows this coin is up pumping.
price hold above a support zone that make a triangle with descending resistance.
break out from resistance line will head up #MLN to upper line of parallel channel around $187 (more than 40% increase).
as its history it is possible to touch upper...
Indicators are showing slim possibility we get a brief relief rally which may cause some short term excitement in some alts.
BTC is trading back in the descending channel it established 23 OCT. Will be looking for a break out of this channel and a close on the 4H above the 59500 level (60k will be resistance). Last time we broke from the channel it re-lowed to...
All in the chart - bounce might be incoming. Watch closely, massive rally after last pullback to support following BTC
Currently approaching trend marked on chart and local demand area (around 127)
MLN is squeezing this key level (market orange on the chart) above which it has not managed to close a 4H candle since its last pump in Sept. Daily has just seen MACD cross 0 and bullish momentum. OBV is bullish and trending up. Beautiful j curve forming on the Daily toward this level.
I suspect we are soon to see the 4H close above this level and we are off...
a possible channel is forming and I like the Risk-Reward 1:10 to catch a possible push to 300.
the price is above the main daily moving averages which could act as supports.
If we break the support of the channel instead I can see a drop of the price to the all time low
let's see what happens and if I can double my investment ;)
Everything's are about repeat past
As it can be seen in the analysis, the chart of this currency in the daily time frame is completely bullish and repeating the patterns of falling and ascending in the past.
At present, its price has reached a good entry area, and entering the set price has a good risk to Rivard
Symmetrical triangle forming. Project is solid on the fundamentals. Could be huge. Anticipating a big move North in the coming days. Let me know your thoughts.
Hello,
Check out the MLNUSDT chart patterns, please consider that they are developing a new update which includes burning tokenomics.
This is not a trading advice,
St.Gex.
Thank you
Hello, Check out MLN and take your profits if you like, but do not forget to buy back ::)
Have a great day/
Thank you,
This is not a trading advice,
St.Gex
Hello everyone,
As we've saw in my previous analysis about MLN, we follow a nicely trading pattern.
Check this C&H pattern for MLNUSD.
This is not a trading advice,
Thank you,
St.Gex
