Shivaz

MDXusdt on important zone

BINANCE:MDXUSDT   MDX / TetherUS
MDX is in an important area and it is still above moving 200 and 100 and can be supported by these two moving averages.
But because the market is in a downward trend and Bitcoin is correcting, there is a possibility of falling to the yellow trend line
But if Bitcoin can keep its support, we can be ready for the return of the market
Of course, Bitcoin has a gap at 19,900 and can correct up to that point, so you have to be a little careful to correct.
Entry points depend on your risk tolerance and of course your type and strategy.
And of course market conditions
So, if you want to enter to buy spot or long-term, your entry type can be different, and maybe a few cents will not affect your profit.
But in general, after some time and correction in this coming week, we can move up again.
Don't forget it's the weekend and the market is small, be careful
The market is more likely to suffer, but low volume in assets with a low market can cause strong movements
Good luck

EntryPoint:
0.0840
0.0800
0.0745

Supports:
0.0685
0.0590
0.0525

Resistances:
0.0935
0.0965
0.1150 ( you can set this for short time target)

Targets:
0.1362
0.1612
0.2050
0.2486

Midtime:
0.4113
0.5040
0.6745

HODL:
1.1637
1.7117
2.8218

GL
remember after this correction on market finish MDX have potential for big pump again
GL
Penafian

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