MV/USD | Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# MV/USD | Stock Quote
- Double Formation
* 0.00950 USD | Completed Survey & Entry Settings
* Pennant Structure | 012345 & Wave Count | Subdivision 1
- Triple Formation
* Numbered Retracement | Uptrend Bias | Subdivision 2
* 012345 | Wave Entry | 0.01800 USD | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
MVUSD trade ideas
MVUSD Broke above the 1D MA200 but one last Resistance remains.The GensoKishi Metaverse (MVUSD) broke today above its 1D MA200 (orange trend-line) for the first time in history after making a rebound on the 1D MA50 (blue trend-line). We are not getting excited yet as the price remains within the Channel Down pattern that started after the August 23 2022 Low.
A break above the Channel Down will be a bullish signal for us, targeting the 0.38500 - 0.4200 Resistance Zone. On the other hand, a rejection will first target the 1D MA50 again and if it fails, then the December 31 bottom.
We have to point out that the 1W RSI clearly shows that the bullish strength is gaining considerably.
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