MDT near to breakout NYSE:MDT 🙌🏼
In the event of a successful breakout from this pattern, a bullish move of approximately 90% is expected 🚀
MDTUSDT.P trade ideas
Bearish Pennant Pattern and Support Breakout in MDTUSDT CoinAnalysis:
Chart Pattern: MDT/USDT is showing a Bearish Pennant pattern below the support level, indicating potential for further downward movement.
Support Breakout: The coin has broken below a key support level, suggesting increased selling pressure.
Target Price: Estimate target prices based on the height of the pennant.
Cautionary Note:
Be careful, as trading cryptocurrencies involves significant risks. Ensure to assess your financial situation and investment goals before making any decisions.
Stop-Loss: Set a stop-loss slightly above the pennant's upper boundary to manage risk.
Measurable Data Token (MDT)On the above 2-day chart price action has corrected 50% since the month of March. A few reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Price action confirms support on past resistance. See weekly chart below.
3) Ascending Symmetrical triangle breakout. A near 200% move is forecast.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6%
Timeframe for long: this week
Return: 1-2x
Weekly chart
MDT - LONGBased on multiple harmonic patterns, the price should be bounced up around 0.060 targeting 0.07 area.
We have two possibilities for the long targets, but both lead to the same area around 0.09.
MDT/USDT Breakout alert!! This is bullish momentum for the move!💎 Paradisers, MDT is indeed displaying intriguing movements that demand close attention.
💎 The successful breakout from the descending channel is certainly a bullish signal for the movement. With the price already retesting the trendline, it appears poised for further upward movement towards the next target, which lies within the supply area of 0.09 to 0.0967.
💎 A successful breakout above this supply zone would confirm MDT's return to a bullish trend, potentially leading to significant upward momentum towards our target strong resistance area.
💎 However, if MDT fails to sustain above the supply area and experiences a strong rejection indicated by a bearish candle, there's a possibility of a retracement back to the downside.
💎 In such a scenario, the price could revisit the demand area and even potentially drop to the strong support area around 0.0555.
💎 When MDT reaches the strong support area, it's crucial for it to bounce back and resume its upward trajectory in order to make another attempt at breaking the resistance. Considering MDT's history of bouncing off key support levels, there's a chance it could repeat this pattern and move back towards the upside.
💎 It's important to remain vigilant and monitor MDT's price action closely. A breakdown below the demand area, confirmed by a daily candle close below it, would invalidate the bullish scenario and could lead to further downward movement.
MyCryptoParadise
iFeel the success🌴
lord sweet muffins could it be possible symmetrical triangle formation, waiting for a break out and back test before I get too excited, could go to zero but with NVIDA earnings Wednesday a lot of data/AI coins may see some crazy volatility. Usually starts with Fetch and Render and trickles into coins like MDT.
MDT ANALYSIS🔮 #MDT Analysis
🌟As we can see that #MDT was following Falling Wedge Pattern in 12hr time frame Currently #MDT is trading around its descending trendline. Broken out of pattern could lead to a bullish rally📈📈
🔖Current Price --- $0.06300
🎯Target Price -----$0.11175
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #MDT . 🚀💸
#MDT #Cryptocurrency #DYOR
#MDT/USDT#MDT
The price is moving within a 12-hour downtrend channel that it is firmly committed to, and has just broken through
We have a green support area at 0.0550 and have been bounced from
We have a tendency to stabilize above the Moving Average 100
We have a bearish RSI and are about to break out
Entry price is 0.06100
The first target is 0.07400
The second target is 0.08260
The third goal is 0.09150
MDT | MDTUSDT | MDTBTC ideaMDT | MDTUSDT | MDTBTC idea
support taken at sp0 and same is trend support
MDT USDT Bullish trendMDT USDT is trading in bullish trend and printing higher highs and higher lows.
Mdt Plan The MDX/USDT pair is showing signs of an upward trend in the short term. A breakout of the symmetrical pattern has occurred, suggesting a potential bullish movement of 15-30% in the near future. However, please note that this information is not financial advice, and it is recommended that you conduct your own research (DYOR) before making any investment decisions.
MDT/USDT is aiming to go up, hoping for 1$BINANCE:MDTUSDT is moving slow, but considering the fact that it is been in consolidation for a long time, I'm aiming the price go above 0.5, hoping for 1$.
mdtusdt long setupthe last setup stop loss was hit but i think mdt is still bullish so i enter another long position with wider stop
Alikze »» MDT | Wave 3 or C bullish scenarioIn the weekly time, it is moving in an ascending channel, which after a complex correction at the bottom of the B wave channel has completed the correction, and now the current motivational wave will have the ability to reach the specified goals. Also, it is currently in the middle of the channel, which will be accessible with support of 0.12 targets. Also, a break below the trading area will be a reversal and the chart should be re-examined. If the behavior and structure of the post changes, it will be updated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««
Demand for artificial intelligence coins is increasing.Mdt is one of the low priced artificial intelligence coins.
Low market value, if there is great demand the price may rise very quickly.
I have invested in this and other AI coins PHB and ARKM.
What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
MDT wants to follow PHBMDT VS PHB
Both coins are AI coins
Both have small MC
Both printed Huge Ascending triangle
Phb pumbed hard recently so all the eyes on MDT now
It looks so obvious it wants to follow it’s sister
Note : MDT above our entry by 60% but will continue pumping hard once it brokes the massive bullish pattern
Best of luck
kiss to resistance linebreak up strong main resistance red line can be gooooooooooooood.
wait & watch it
MDT INCREASE VOLUME TRENDMDT seems to have a new increase volume trend, we will follow to see if it can be confirmed in the next time frames.
MDT can show new gains after this volume confirmation.
