[Binance] Moeda Loyalty Points (MDABTC) Gains 158% in 3 weeks! EDUCATION

in #bitcoin6 years ago

Moeda Loyalty Points (MDABTC) has increased by 158% in price since touching bottom on August 13th. This is a huge increase in price and the charts are showing that this token continues to have good momentum.

Let's take a look at the daily chart:

  • The RSI is already overbought, so prepare for the retrace.
  • We are at the top of the Bollinger Bands which push the price down (retrace).
  • Indicators are on the bullish zone and will need to retrace and consolidate if MDABTC is to continue moving up.
  • Bullish crossover of the EMA lines with huge momentum, growth and strength.

Here is the weekly chart:

  • We have good volume on the weekly.
  • The indicators are showing good bullish sentiment building up and still plenty of room available for growth.
  • This one has been going up 3 weeks straight.
  • Late June was the loading phase.
  • All time high is set @0.00048612.
  • 250%+ Profits potential from current price to all time high.

Note: This is no trade advice.

Thanks a lot for reading.

Feel free to like, share, comment and follow for additional FREE analysis and trade ideas.

Alan Masters here...
With lots of LOVE!

Namaste.

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Uncomplicated article. I learned a lot of new things. I signed up and voted. I will be glad to mutual subscription))))