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Mdabitcoin

MDABTC extended bear leg and formed Shark | Upto 67% expectedPriceline of Moeda Loyalty Points / Bitcoin cryptocurrency has extended the bear leg and formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. We have 200 simple moving average support just below the potential reversal zone. Volume profile is showing less interest of traders at PRZ level and MACD is turned weak bearish from strong bearish and Stochastic is likely to give bull cross very soon from oversold zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00009711 to 0.00008429 Sell between: 0.00011177 to 0.00014083 Regards, Atif Akbar (moon333)
MLong
by moon333
8
MDABTC forming bullish Shark | A buying opportunityThe priceline of Moeda Loyalty Points Moeda Loyalty Points (MDA) / Bitcoin is forming a bullish Shark pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.00012866 to 0.00012731 Sell between: 0.00012983 to 0.00013249 Regards, Atif Akbar (moon333)
MLong
by moon333
MDABTC has formed bullish BAT pattern | Upto 408% possibilityPriceline of Moeda Loyalty / Bitcoin Cryptocurrency has formed bullish BAT pattern. The A to B leg was retraced almost 0.50 Fibonacci and also gave a spike upto almost 0.618 so here the MDA had only two choices whether to form a bullish gartlay and make a D leg upto 0.786 fibonacci or to form bullish BAT pattern and form a D leg upto 0.886 Fibonacci. (I don't think so it will go for bullish butterfly the reasons I have below) In previous chart I was expecting a gartley therefore I published a gartley's chart but now the D leg is retraced upto 0.886 Fibonacci so now the bullish BAT pattern is confirmed insha Allah. Now the D leg is entered in potential reversal zone. RSI is entered in oversold zone. Volume profile is showing weak interest of traders here. MACD upto 2 week chart is turning bullish: Upto 2 week chart stochastic has given bull cross: Soon the MACD and Stochastic will be turned bullish on month chart. I am expecting that the next candle stick will be closed sideways within this potential reversal zone therefore if we want to enter in safe and sound then we can wait for next candle stick. I have used Fibonacci sequence to set the targets as below: Buy between: 0.00006993 to 0.00011085 Sell between: 0.00020861 to 0.00035528 Enjoy your profits and regards, Atif Akbar (moon333)
MLong
by moon333
MDA: Break Out or Die!Hi friends! Welcome to this $MDA chart analysis $MDA is on a very nice Symmetrical Triangle formation that has started to form 3 months ago. The pattern height is very tall so expect a huge target once direction of the breakout is confirmed. This will likely give 140% maximum profit. The tricky part is that the breakout could go either way. A breakout from the resistance will trigger a buy signal while a breakout from the support will likely trigger a massive sell off.The price action is very close to its apex, so we are expecting a breakout within 6 to 7days. A breakout from a Symmetrical Triangle is usually a very explosive and profits can be expected to come fast once the direction of the breakout is identified. Timing on the entry is critical. This is just a guide, not a trading advise. Hit like and follow for more chart updates! Thanks -Your Poop Trader
MLong
by PoopTrader
4