✴️ Measurable Data Token Strong (45% & 170% Easy Targets)

27. Okt. 2023

We've been looking at many Altcoins recently... No!
We've been looking at many Altcoins for years on end...

We can focus though on the recent ones for what I am to share with you in this analysis.

Measurable Data Token (MDTUSDT) is really strong now based on its current price.

From the hundreds of Altcoins we've been looking at, you can notice that many pairs moved below their Nov/Dec 2022 low/support.

Now, a trading pair can hit a lower low within a correction.
A lower low can happen without being part of a bearish impulse, I will explain this in detail in future trade ideas.

We see these Altcoins hitting lower lows yet recovering strong and producing major bullish waves.
When a pair shows up like MDTUSDT, notice how strong the higher low is in October, August, June, May 2023 compared to the rest and you can tell/say/accept that this pair is really strong.

A higher low leads to a higher high and this is why this is my next choice.

Today MDTUSDT is moving above MA200 after multiple rejections together with high volume.
Bitcoin hitting its highest price in more than 535 days... Coupled with these bullish signals, together with the RSI and MACD, tells us of high probabilities for a new bullish wave.

This is very easy.

Sometimes we are reading charts/trading within a doubtful phase.
Sometimes things start to heat up and we can see it, feel it on the charts.
At this point confirmation has already taken place... Sometimes it is easy to see that the market is just ready to move ahead.

At times like this, maximize profits the best you can.

While this bullish wave will be wild and strong, a correction will definitely follow, so make sure to secure profits on the way up.

Trading is about making money.
Make money and you've won.

Namaste.