Chart of the Day: MOD

in #mod6 years ago (edited)

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Here is a coin one of my subscribers called out last night. While looking at it in Tradingview, I see the possibility of 5up with a tiny 4. I'm always skeptical about tiny 4's so it is reasonable that we have an ABC not a true impulse. However, it is starting to get a bid and this is the potential if a legitimate impulse. 5up to $1.37 increases the odds that this is a good trade. If valid, the trade is on now. A reasonable stop is just below 81 cents.

MODUSD - Primary Analysis - Nov-09 0643 AM (1 day).png

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I am always happy to see more people talking about crypto and will be following you. Follow me back if you'd like to learn about new projects in the crypto space that many people have not heard of yet are providing some amazing gains to the people who are getting involved! Thanks for the content!

Because this correction is so nerve grinding I've followed your advice to use the slope of previous price movements even though timing is difficult in projecting targets.
It turned out assuming that most of the coins see another low and hit there minimum targets afterwards the lows will probably be hit in february or march next year and the bull will run until beginning of 2020. This also coincides with the length of the last larger correction from the end of 2013 to 2015.

Oh man this is like children waiting for christmas and finally unpacking their gifts.

I'm seeing a potential drop setup in Bitcoin and Ether. When it goes, it can take a couple weeks and bottom. But I have seen one many times in this wave 4. So, can be wrong again. I'm speaking at the traderexpo in vegas on Tuesday and Wednesday. What is the title of the talk you ask? 'Are Your Ready for Cryptos to Bottom? '🔥

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