MLN
Enzyme MLN jumped 50% in a dayEnzyme MLN jumped 50% in a day
I bought at $75 and sold at $124
It might go to $200 - who knows - Not me - But it just past its recent all time high of $85 back in August 2020 the price is infinite in price discovery mode.
Don't be greedy sell you winners and let the rest ride - transfer your winnings over to another coin that is about to pump.
This is a trading journal not financial advice this a was a trade on a hunch and a fractal shape not fundamentals.
Speak friend and enterPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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- Inside big support zone
- Not a lot of resistance levels
- Bullish divergence
Biggest resistance will be the 200EMA
Tradin WaterMelons with ButCorns, what a time to be alive-MLNXBTI don't even know what the heck Watermelon coin is, but I know I like the look of it's Daily XBT chart.
-Nice Bottom formation, on a decent level of interest.
-SSL and Donchian suggesting Bullish Movement
-Volume flowing into the buys
I'm going to let a limit order run and see what happens with this thing.
Melon (MLNBTC) Goes for 200+ Gains in 2 days [5500%+ PP]Take a look at this chart above. Melon (MLNBTC) increased over 200% in price in just two days... This isn't normal and definitely points to something good coming for the altcoins market. (This is a Bittrex coin).
We are seeing altcoin after altcoin breakout with massive gains. The volume is really good and Melon has an additional 5500%+ profits potential, which you can see on the chart above.
- The RSI is now curving up strong after reaching oversold.
- The STOCH is also curving up and the MACD has a young bullish crossover. This is the weekly time frame, so these are strong signals.
Let's take a look at daily chart:
- Here there is very strong positive divergence on the MACD, yet we have PLENTY of room left for growth.
- The RSI reached January's 2017 levels, it went up strong breaking all resistance on the way.
- The STOCH went all the way up to the top. This is definitely a very, very, very strong breakout.
This is what I really like about the altcoins market and cryptocurrencies in general. Crazy (actually, AMAZING) profits potentials that actually materialize all of the time; 200%+ gains in two days, this is massive and this opportunity will be seen all over the market and repeated over and over, with many more opportunities coming all the time to you.
Thanks a lot for reading, and more is available and will definitely become true...
Alan Masters Trades ... NAMASTE!
MLNBTC update of Jan 2We got 88% gain in two days! Not bad!
Now we need to closely follow if we will be able to get through the major resistance.
So move your stop losses up and set new targets if the resistance will be broken.
Good luck!
Melon seems to have some potential to growMelon is breaking out of the triangle while ETH is testing new highs. This could give one a double leverage if MLN would behave and go up a bit
MelonPort Breaking Out Of The TriangleMelon has managed to finally break above the triangle pattern and $120 resistance. Prior to that, it has bounced off the uptrend trendline and the 200 Moving Average.
The trend now became very bullish with more upside potential. First strong resistance and the potential target is seen at 227.2% Fibonacci retracement level applied to the corrective wave from the last all-time high produced in June.
The price target is $228, while currently, Melon is trading at $130. This makes a potential short-term growth of 70%. Break above the target will add more volume and volatility, as well as a much higher upside target. Nevertheless, break below the Moving Average could result in a trend reversal.
MelonCoin undervalued. Look like falling wedge. After break out resistance line. we will go the moon until 16 november. And 16 november we will have good news about Melon;)
MLNUSD Symmetrical Triangle Long TermLooks like a good medium term hold. says long in title since a few months in cryptos is a very long time..