MDTUSDT trade ideas
🆓Measurable Data Token (MDT) Sep-3 #MDT $MDTMDT is correcting after being rejected at $0.055 and the target of this correction is at $0.04, this is the strong support area of MDT and there is definitely a strong buying force to help MDT increase strongly to $0.06 and $0.09 zone.
📈BUY
🔴Buy : 0.039-0.041$. SL if B
📉SELL
🔴Sell : 0.0585-0.0615$. SL if A
🔴Sell : 0.088-0.092$. SL if A
♻️BACK-UP
🔵Sell : 0.039-0.041$ if B. SL if A
🔵Buy : 0.0293-0.0307$. SL if B
❓Details
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
MDTUSDT - Long - Potential 26.42%MDTUSDT - Long - Potential 26.42%
Exchanges: Binance, Bittrex
Signal Type: Regular (Long)
Entry Zone:
0.04224 - 0.04461
Take-Profit Targets:
1) 0.04736
2) 0.05282
3) 0.05653
Stop Targets:
1) 0.03781
Entry Trigger- Heavy oversold on multiple timeframes, nice uptrend forming, BTC bounce
MDTUSDT - Long - Potential 28.16%MDTUSDT - Long - Potential 28.16%
Exchanges: Binance, Bittrex
Signal Type: Regular (Long)
Entry Zone: 0.04488 - 0.04950
Take-Profit Targets:
1) 0.05253
2) 0.05830
3) 0.06377
Stop Targets:
1) 0.03966
Entry Trigger- High Vol breakout in progress out of bullflag, catching pullback.
MDTUSDT- SETUPMDTUSDT has found support at this strong level of daily demand, price is now forming higher lows into an area of resistance therefore forming this nice ascending triangle formation on the daily timeframe, i am waiting to see if this resistance can get flipped support BEFORE opening a long position.
New entry for strong MDT / USDT Bullish movement 240Hello traders, MDT / USDT is in a bullish movement, just tested a short resistance line on the chart and is trying to breakout.
If the horizontal resistance gives way to the objective after the next resistance, it may pull back on the blue line, the resistance become support which will confirm the pull back or on a horizontal resistance.
It remains in a volume trend increasing the volume on the resistances will confirm the increase.
If the market does not change dynamics.
This is not investment advice but recommendations of use.
I hope you enjoy my analysis.
Thank you for taking the time to read my analysis.
Comment your reactions in the space dedicated to description.
Please like and follow, thank you.