We can see starting triangle. You can buy now or wait for better visualization of developing triangle.
I totally love this token. Have invested in it at ICO and I made good trades with it at all time high. Now it's recovering and I hope to see it soon back to 46k sats, all depending on BTC though... It had a nice bounce right off below 78% Fibonacci and shows nice signs to come up. Volume this week was great.
GET YOUR POSITION TO LAUNCH - There is a rumour about announcement partnership that 5+ billion $ value. *My target > 3800 sats
Let's check & Keep an Eye on promising altcoin of list-10; start-up based in Zurich, Switzerland. www.chipin.com modum.io www.reddit.com Anyway stop-loss and TP goals should be set to gain some pips.
My Last post was more for educational purposes. This one will be a bit more technical. If you are looking for education check the related articles. As this is a pretty new coin we haven't established many support zones. At the moment of writing we are in a free falling zone with no real support until around 18k sat. My general approach to this coin is to wait...
for observation. three line strike and engulfing green, bullish
Its the return of the crypto bull market. A lot of different cryptos are seeing an influx of new money. These big spikes in volume could defenetly lead to higher highs in the mid to long term. Keep and eye on key levels of resistance and support. This zone seems to be a good entry point, looks like resistance might hold.
Modum is a very anticipated blockchain project. With their pharma first strategy they have made a very wise decision: They help the pharma producers to record environmental conditions while the product is in transit to the distributor or consumer. Thus serving a very big sector in the economy. They do this using their own sensors (which already exist and work)...
There are more scenarios. It could go up and break through resistance (black), it could go down to low support zone and bounce back to resistance and breake through (orange), or it could be like scenario 1 or 2 and bounce back to support zone and break through resistance later (pink).
MOD hasn't reached the blue line, so it's chances to going up are good. RSI looks good.. If MOD hits through the resistance, it will go uppppppppppp.