✳️ Long-Term Consolidation, Another Wave | MDT (127% Potential)

25 mar 2023

MDTBTC Is preparing for another bullish wave or so the chart says.

This pair has been range trading since 2018... Notice the huge channel (orange).

March has been a correction month so far but this week we are seeing some change.

We have a Doji with a long lower wick that tested as support EMA21 and EMA10.

The current price is back above these levels, this can lead to a bullish situation if this is confirmed once Sunday closes.
After a nice 290%, we can see additional growth.

I wouldn't be surprised if this happen.

✔️ Support levels short-term 239 and 200 sats.
119 sats for the long-term.

✔️ Resistance levels or targets, 555 the next high and higher at this point it is still hard to say...
But these levels are also mapped on the chart.

Namaste.