Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
π¦ After finding support around the $0.5 round number, MPC has been hovering within a narrow range.
π As long as the $0.5 support holds, we anticipate a movement towards the upper bound of the range at $0.7, which would also be a strong supply zone.
πΉFor the bulls to confirm medium-term control, a break above the red trendline is needed.
π Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
π¦ After finding support around the $0.5 round number, MPC has been hovering within a narrow range.
π As long as the $0.5 support holds, we anticipate a movement towards the upper bound of the range at $0.7, which would also be a strong supply zone.
πΉFor the bulls to confirm medium-term control, a break above the red trendline is needed.
π Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Support Bright Ideas Through Decentralised Crowdfunding
ideaology.io
Buy CRGPT on Uniswap
cutt.ly/CRGPT