It seems that this pair, MDABTC, only wants to continue growing.
gartley pattern has completed and the main target is TP3(270%).
Looking at the weekly timeframe , we can see strong resistance ahead... If this resistance can be broken, the dashed magenta line, we can expect Moeda to grow big fast.
Moving and closing below this resistance would only signal additional consolidation time with the chart remaining bullish . Only if the last low is broken will MDABTC become bearish .
Let's how it plays.
Best Regards.
gartley pattern has completed and the main target is TP3(270%).
Looking at the weekly timeframe , we can see strong resistance ahead... If this resistance can be broken, the dashed magenta line, we can expect Moeda to grow big fast.
Moving and closing below this resistance would only signal additional consolidation time with the chart remaining bullish . Only if the last low is broken will MDABTC become bearish .
Let's how it plays.
Best Regards.