MOD Idea corrected
Updated
Based on a twitter recommendation from my followers I'm doing this TA for the short term for mod ( since the market is unstable and currently on a bounce, we can make profits)
MOD is a swiss version of Walton Chain, and a direct competitor in the IOT chain game which has great potential to grow. We have seen the percentage of growth for IOTA and Walton, and the popularity of Wabi ICO.
This is a long term hold, but we're going to trade it off based on this chart to increase our position.
Indicators :
- Bull flag forming
- RSI near 20 but not there yet ( room to go down ) and couple that with the price getting closer on the fib target, we're going down at least to the fib target for sure, so get ready to buy the bounce.
If it goes down, we sell and buy at the lower fib .=etc... We don't care about losses here, we care about increasing our MOD coins. SO even if you buy at the fib level, and it goes down, you sell and buy back at the lower fib, you increase your MOD coins.
If it goes up, do not be greedy when you sell on the fib target, buy back as fast as you can when it retraces.
Good luck
MOD is a swiss version of Walton Chain, and a direct competitor in the IOT chain game which has great potential to grow. We have seen the percentage of growth for IOTA and Walton, and the popularity of Wabi ICO.
This is a long term hold, but we're going to trade it off based on this chart to increase our position.
Indicators :
- Bull flag forming
- RSI near 20 but not there yet ( room to go down ) and couple that with the price getting closer on the fib target, we're going down at least to the fib target for sure, so get ready to buy the bounce.
If it goes down, we sell and buy at the lower fib .=etc... We don't care about losses here, we care about increasing our MOD coins. SO even if you buy at the fib level, and it goes down, you sell and buy back at the lower fib, you increase your MOD coins.
If it goes up, do not be greedy when you sell on the fib target, buy back as fast as you can when it retraces.
Good luck
Note
Lmao, forgot to update this. Nice gains
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