MDTUSDT.P 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.