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MDABTC with a nice setup right now (3x potential)

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MDA is currently testing the bottom of the pitchfork channel, so a good target for the next move up could be around 45k, assuming the channel holds and there isn't a breakdown. The median line has only been tested once, so it would not be unreasonable to think that MDA could bounce from the bottom all the way up to the median line, which would be nearly a 3x move from here.
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Hidden bullish div on RSI and Stoch also point to continuation of uptrend.
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Waiting for BTC retrace. Could see MDA drop farther to test its 200DMA (currently at 21.6k). If that holds, will reenter the trade.
MDABTCTrend Analysis

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