Mdex Trying To Turn Bullish
MDXBTC Hit a new All-Time Low early this month (2-March).
All-Time Lows are great because it tells us that once a pair reverses there is so much room for growth.
A bullish run ends in All-Time High, a bearish run ends in All-Time Low.
If the bearish run is not over, we can easily get a bounce so a low risk trade is possible nonetheless.
Multiple attempts at resistance happened in February...
This is the first signal.
Now, we have another challenge at resistance (EMA50), with bull volume being dominant...
That's all, you can figure out the rest.
Namaste.
All-Time Lows are great because it tells us that once a pair reverses there is so much room for growth.
A bullish run ends in All-Time High, a bearish run ends in All-Time Low.
If the bearish run is not over, we can easily get a bounce so a low risk trade is possible nonetheless.
Multiple attempts at resistance happened in February...
This is the first signal.
Now, we have another challenge at resistance (EMA50), with bull volume being dominant...
That's all, you can figure out the rest.
Namaste.
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