MOD/BTC Wait for Breakout
Updated
Modum(MOD) is getting ready for a breakout. The price is currently testing the trendline and could be ready for a breakout. My plan is to buy if the 4H candle closes above 1.4k.
There was a volume jump a few days ago, and it might boost the price to breakout from the trendline. I will post the 1D chart below to see the bigger picture. Blue arrows show the macd divergence(on 1D chart). If it does break out, expecting it to go up 2k, and more if it is strong. Will update later on with my actions. Don't buy yet, wait for the breakout.
There was a volume jump a few days ago, and it might boost the price to breakout from the trendline. I will post the 1D chart below to see the bigger picture. Blue arrows show the macd divergence(on 1D chart). If it does break out, expecting it to go up 2k, and more if it is strong. Will update later on with my actions. Don't buy yet, wait for the breakout.
Note
Note
I haven't bought yet as it hasn't closed above 1.4k. It is currently retesting the trendline.
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