Hello Traders,
Here’s an update on MOODENG on the daily timeframe.
MOODENG has recently broken out of the triangle, showing a decent rebound along with the market. However, despite the bounce, the price still needs to break above the crucial resistance zone between $0.032 and $0.044.
Strategy:
~ Start accumulating slowly or wait for the confirmation.
~ Short-term target: $0.6-$0.7.
~ Mid-term target: $0.2-$0.3.
~ Long-term target: $0.7-$1.
Note: Always do your own research and analysis before investing.
Regards,
Team Dexter.