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MDAUSD

Two possibles scenarios for MDA/BTCHello traders, Here is a simple analyses for MDA/BTC, I see it as a indecision moment, so I would not do anything in this asset. I see that we are above to an important support level and below short term resistance line I only enter in long position if we break the short term resistance line and acumulate above, and if we go bellow this important support level on short position, so now is the time to do nothing only watch the price test this two points. Please push like button, follow us on Tradingview and on Telegram. Best regards, Sandro and Gustavo.
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by MarketMinds
MDA ANALYSIS (HOURLY RESISTANCE HIT!)MDA ANALYSIS MDA recently showed signs of life after popping above all major moving averages and hit the hourly resistance at ~9800 sats. At the hourly block, RSI and Stoch both are showing signs of buying exhaustion. Three previous times this has been a point of reversal. I expect another retrace from this current level down to 100 MA at 8800-8500 sats. I recommend to stagger buy in bids around this level closer to 8500 sats. MDA does have room for growth, but a small retrace is bound to set in. After the retrace has completed, MDA has legs to move back to up T1 (double top) at hourly block of 9800 sats, and break out beyond this level to T2 and T3 at 10750 sats and 12000 sats. I expect the larger rejection to come once T4 has been hit at the daily block of 13850 sats. The breakout after T1 can only happen if the 50 MA does successfully cross the 200 and 100 MA given the bounce off the retrace. Therefore, do not rush a buy in yet. Wait for the retrace down and look for a daily wick reversal near the 100 MA at entry points! Possible Entries: 8500-8800 sats
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by altchicasignals
2
MDA A GREAT BUYING OPTION RIGHT NOWBUY REGION IN GREEN SELL TARGET IN RED STOP LOSS IN YELLOW BE SAFE IN YOUR TRADING SET YOUR STOP LOSS LET IT RIDE We do live trading on youtube every single day where Scalping bitcoin on a smaller time frame as well as looking at the current trend on the higher time frames. However upon any charts request we will be looking at the them accordingly Each Day we are live on youtube at 9AM EDT so please feel free to join the telegram group and learn together from the technique I used. A few Things about the methods of Trading No Indicators are Used except for VWAP and sometimes VPSV but that is pretty much it The only thing that is used is only support and resistance so Come and Join and feel Free to Ask any questions. ==> TeleGram Chat channel t.me ==> Telegram Trade Channel t.me GOODLUCK :)
MLong
by Crypto_Joel
2
Moeda Loyalty Points Could Rise by 90%On the 27th of June, Moeda found the bottom at USD 0.37, where it rejected the lower trendline of the descending channel. Price then went up and broke above the 50 Moving Average ,although the upper trendline of the descending channel was rejected. MDA/USD corrected down and found the support at 61.8% Fibonacci retracement level, that is USD 0.48. And today, after bouncing off the Fib support, price went up and broke above the 50 Moving Average and the descending channel, suggesting further correction up. The very strong resistance is seen at $1, that is a key psychological resistance. This level is confirmed by two Fibonacci retracement levels, 61.8% Fibs and 461.8% Fibs, applied to the current corrective wave down. Break above $1 could establish a long term uptrend while rejection should result in a strong wave down. On a downside, if MDA will break and close below the recent low at $0.47, price could go down towards the $0.37 support to establish a double bottom, or potentially continuation of a downtrend.
MLong
by CryptoPAMM