We have discussed two ideas about this particular cryptocurrency. The first idea is the main one, and the second idea revolves around a cycle, which you can find more information about here:
tradingview.com/chart/MDTUSDT/GDODZdNN-MDT-NEW-CYCLE-2023-FOR-MDT-WITH-TARGETS-0-079-0-13-0-21/.
We are sharing this idea because we have conducted a thorough analysis of this coin and have found a high likelihood of a breakout. Currently, the highest percentage of trading volume is concentrated on Binance and Coinbase.
Why do we expect a breakout?
Based on our technical analysis and the patterns we have observed in the volume, we believe there is a strong chance of a breakout, even though the price is currently below the normal daily timeframe. Additionally, there are some updates related to AI and Google taking place in Hong Kong, which may also will have an impact on the price action.
It's important to note that most cryptocurrencies are currently stable with low trading volume. However, when the conditions are right, we anticipate MDT will experience a breakout in trading volume.
Please keep in mind that there are no guarantees in the crypto market, and this update should not be considered as trading advice. It is simply a sharing of ideas and viewpoints.
tradingview.com/chart/MDTUSDT/GDODZdNN-MDT-NEW-CYCLE-2023-FOR-MDT-WITH-TARGETS-0-079-0-13-0-21/.
We are sharing this idea because we have conducted a thorough analysis of this coin and have found a high likelihood of a breakout. Currently, the highest percentage of trading volume is concentrated on Binance and Coinbase.
Why do we expect a breakout?
Based on our technical analysis and the patterns we have observed in the volume, we believe there is a strong chance of a breakout, even though the price is currently below the normal daily timeframe. Additionally, there are some updates related to AI and Google taking place in Hong Kong, which may also will have an impact on the price action.
It's important to note that most cryptocurrencies are currently stable with low trading volume. However, when the conditions are right, we anticipate MDT will experience a breakout in trading volume.
Please keep in mind that there are no guarantees in the crypto market, and this update should not be considered as trading advice. It is simply a sharing of ideas and viewpoints.
Uwaga
This coin has an interesting view of what means since its existence of this coin it has never lost the previous main bottom.Uwaga
Extra updateThis coin is able to break out any time unexpected by whale trend to $0,079
Uwaga
Day 6:The trend had a stable day with the main target between $0,041 and $0,046
The following important target is $0,05 with the possibility of the first breakout target of $0,079 which we still expect to target.
Know that cycle coins going in steps, and it's generally that it has stable days, when it's time it will break out, most of the time unexpectedly.
Uwaga
The best way of trading is the cycle following as it shows depending on chart backtesting on more historical charts and also the most profitable smart investments.Cycle following can take some time, but those entering the right cycle view have the highest rewards with time.
Uwaga
Day 7:MDT until now one of the interesting coins for the next breakout, the TA shows still the same data for a breakout, but it can take some time as the expecting until now stays the same for the important $0,079 breakout.
The last 24H MDT is stable, same time this is a good signal to hold the levels.
let's see how the next 24H Time will confirm with the new weekly chart.
Uwaga
We expect with the time frame MDT will go against BTC into increase, this is exactly what the cycle coins shows with time.Uwaga
Day 8:MDT continues to be on trend with some interesting developments in HK that could add volume to the price action. Over the past 24 hours, MDT has been trading within the range of $0.04 to $0.044.
We anticipate that there will come a point when this coin will reach the next level of $0.05, especially with the confirmation of a breakout above $0.079.
Uwaga
Day 10:MDT is still in the positive zone, meaning an unexpected increase can happen with time.
The goal is to follow this coin for at least 30 days.
10/30
Uwaga
As long as MDT holds the positive Channel, there is a high chance with the time for a breakout. we expect 30 days or before there will be a price action Breakout. At this moment we are still at day: 10/30Uwaga
Day 11:MDT did target the important $0,05 Target which we did expect before.
There is an important target we are waiting for as a breakout target of $0,079
Further, it's only about time before MDT could target the first cycle target between $0,10 and $0,13
These updates depend on technical study and the overview of cycle developments.
Uwaga
The new volume coming soon from the binance exchange check twitter of MDT.Uwaga
Tomorrow with the new day 12 update we will see if there are some trends changed after binance new volume on MDT.This is not a trading coin and we check it depending on the cycle view, it can take some time before price action is going, it depends on the cycle view and we expect with time it will get more volume and it will be able to gain the first target of $0,079
Uwaga
Targets expecting First target: $0,079
Followed by $0,13 and $0,21
Uwaga
DWF LABS seems to have an interest in MDT since today.This can give the coin with time a new price action.
It's not what the price of this coin now is, but with time, this coin can have a massive change by whales as we did expect before DWF did enter the market.
Uwaga
Google is developing AI, and MDT can play an important role on this side.Soon day 13 update.
Uwaga
important for this coin to stay stable up $0,05 when this confirmation stays healthy, there is a high chance MDT in the short term will enter a new $0,06 with the possibility of a new breakout target of $0,079 the same time the new cycle target.Uwaga
MDT is gaining the level of the $0,07 target its important that MDT holds the range between $0,06 and $0,07 as stability if this coin is able to confirm. we could see more whale volume that will bring the coin to the important $0,13 target which is the second cycle target.Uwaga
Day 17:MDT did increase to the first cycle target of $0,079, from there we have seen some correction. It's the way of markets that It can have some correction, we are still checking MDT for the next important target of $0,13 in the coming time.
Uwaga
Interesting the follow the 06-07-2023 day to see if there is new building volume.We see this coin getting more listed on more exchanges ( this can add into new high volume)
Uwaga
Day 18:We are already on day 18/30 where we update about MDT.
MDT is now in a stable view, with the expectation that it can return to the previous target as the data chart shows.
Interesting to see on the short term the previous back return to $0,06 with the possibility of up to $0,08
This week is still important for MDT also on the side of the team that sharing AI developments.
Uwaga
Last 24H MDT ranging between $0,053 and $0,055There is good chance we will see MDT breaking out small time frame up $0,06
Uwaga
MDT is still in an important positive range and with time more volume seems to enter.Uwaga
This is only the start OF MDT depending on this study.Uwaga
After Lightning Labs Integrates AI For Bitcoin Transactions NEW AI HYPE can start and MDT can be one of the coins that will show effect.
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.