Long
Modum - B Wave Long
Like a VIBE, Modum have nice run and now completely oversold at 12H.
On the chart you can see classic squeeze model.
The more attractive level to enter is 1460 but 1500 also good.
B wave coming in next 24 hours. Take your seats and fasten your belts.
On the chart you can see classic squeeze model.
The more attractive level to enter is 1460 but 1500 also good.
B wave coming in next 24 hours. Take your seats and fasten your belts.
Note
Price create false breakout without volume. So classic sueeze pattern is uncorrect now. I show more safety enter area.Note
Modium get ready to soon bounce and now near extreme technical support 1210.If you want to participate - the more attractive levels is from 1205 to 1225 (the better to split orders in this range).
Note
MOD volatility going down and this market still very attractive to add position without risk of long correction. But it looks like need few days more for price consolidation.Now 1257 support very strong and this level very good to enter position but we can see little deep level - you can add on boths. I show this levels on the chart.
Note
MOD completely oversold and we can start to build positions from this levels.I publish one more support for this market.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.