mxConsidering the weekly trend break in the MX token and also the rebound from the weekly low, it can reach higher targets.
MXUSDT trade ideas
Testing My Trading Indicator #4: Buy Signal After Bullish BreakChart Description:
In this setup, my trading indicator issued a Buy Signal following a period of consolidation. The breakout occurred with a significant increase in volume, confirming the upward momentum. The signal was triggered at the support zone, giving me confidence in the strength of this move.
Entry Details:
Buy Entry: At the support zone after consolidation.
Confirmation: Strong volume spike confirming the breakout.
Risk/Reward Ratio (RR): Targeting a 1:3 RR for optimal risk management.
Key Zones:
Support Zone: Marked at the area where the buy signal was generated.
Target Zone: 1:3 RR based on my risk management strategy.
Conclusion:
This trade setup shows how well my indicator reacts to strong price action post-consolidation with volume confirmation. I'm confident in taking this trade based on the clear support level and momentum shift.
$MX #MEXC Trading IdeaMX/USDT (MEXC) exchange token looks pretty strong at the moment. Formed a potential descending channel pattern. Full send after a breakout till my Golden Zone (around $4.76).
MX inteligentassetNow at price discovery
Bullish scenario
Resistances 8.3 Fibonacci extension
Bearish scenario
Supports 3.97 in 50 ema, 3.47 upper limit channel & horizontal
MXUSDT - can it be a new BNB?Just wondering if MX token has a potential to reach $30 this cycle. What do you think?
MXUSDT showing a small sign of Weakness after good pump.Bearish Divergence is Forming at 4H Timeframe and Inside Harrami Candle has formed. If next Candle is Bearish we can take a Sell stop Order for easy scalp. This is not a Financial Advice Just do your own research.
GOOD OPPORTUNITY TO BUY!This is a great long term hold it's very slow but if you invest for the long term you will find that it will pay off well. It's entering price discovery and I expect it start heading up and make its way to first target as seen in chart good luck trading. Not financial advice trade at your risk..
MX SHORT NOWhello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
#MX/USDT is heading towards a major resistance zone in Daily TF!#MX/USDT is heading towards a major resistance zone in Daily TF!
NYSE:MX needs to clear the zone to gain the bullish momentum. I am expecting a rejection from there because of the large FVG's.
Wait for retest to short it.
MX Token... Open your eyes and stay Away!! ⚠️⚠️⚠️MX Token is a chart i really don't like and I will raise a warning at this stage⚠️
You don't need to agree and I can't be sure but i did call:
⚠️ the Luna crash
⚠️ the FTX crash
⚠️more recently the PLS-HEX (also XEN) bad practices (multi-coiners semi-scams)
So listen up and take your own decisions but first look at this chart. It is as manipulated as it gets!
Let's discuss why.
A Tale of Manipulation and Volatility
We have many manipulated crypto prices but few stories are as compelling as that of MXUSDT, a digital asset that has seen astonishing price swings over a relatively short period. The journey of this cryptocurrency, hosted on a particular exchange, reveals a complex interplay of factors that raise suspicions of price manipulation. ⚠️⚠️⚠️
The Meteoric Rise and Subsequent Fall:
The saga begins with MX's incredible x16 increase in value. This initial surge might seem like the result of genuine market interest, but the subsequent 85% drop raises even a 10 year old's eyebrows. Such drastic fluctuations within a short span suggest that forces beyond natural market dynamics might be at play. (i say might perhaps i could be using a better word?)
The Suspicious Rise and Fall Cycle:
The story continues with an astonishing x7 increase in value, followed by a 79% plummet. This pattern of rapid ascent and sudden nosedive triggers concerns about the legitimacy of the price movements. A thriving cryptocurrency ecosystem typically reflects organic demand and supply dynamics, which seldom lead to such extreme and predictable cycles.
⚠️⚠️⚠️Unraveling the Manipulation:
Several indicators point towards the possibility of manipulation by the exchange hosting MXUSDT. Let's look at possible techniques now:
⚠️Liquidity Concerns: Manipulators often take advantage of illiquid markets to orchestrate dramatic price swings. The frequent sharp drops in MX's value after significant rallies could suggest that market liquidity is being artificially reduced, enabling whales or insiders to capitalize on the ensuing panic. (sounds like a ''shitcoin'' situation)
⚠️Wash Trading: This deceptive practice involves creating fake trades to give the illusion of activity and volume. By artificially inflating trading volume, exchanges can attract traders and investors, potentially leading to more significant price fluctuations. The sharp increases and subsequent drops in MX's value might be indicative of such activities. Unfortunately I can't be sure but it looks possible doesn't it?
⚠️Pump and Dump Schemes: These schemes involve inflating the price of an asset (pump) through misleading information or orchestrated demand, only to sell off a large quantity at the inflated price (dump). The repeated instances of rapid price surges followed by substantial drops align with the characteristics of pump and dump manipulation.
⚠️Insider Trading: If the exchange's operators have advance knowledge of market-moving events, they could take advantage of this information to manipulate prices for their benefit. The unnatural predictability of MX's price movements might be indicative of insider involvement.
I do not like what i see here
Please kindly note: this is not a 'shitcoin' launched and controlled by a psychopath in a garage.
⚠️⚠️⚠️ This is the Official Token of a Crypto Exchange, trusted by investors!!!! ⚠️⚠️⚠️
✔️✔️Take a look at some other 'exchange tokens' : and
They look way better and trustworthy to me so I guess i have learned how to pick the exchanges i use or partner with. ✔️✔️ open your eyes and do the same!
One Love,
The FXPROFESSOR 👨🏫
MX THE EXCHANGE TOKEN THAT CAN MOON AS BNB DIDThank you for reading our update. Please keep in mind that this is not trading advice.
MX is a noteworthy exchange platform that consistently demonstrates year-on-year growth in both its chart views and product offerings. With its impressive trajectory, MX has the potential to emerge as the next Binance Coin (BNB).
Can we see soon MX to up $4?
MXMX forming Ascending Triangle on 4 hour timeframe. Look for breakout or breakdown and with good huge volume.For safe side place 40% order on breakout or breakdown and 60% on retest.
MEXC Token: 3 Line Strike off of the 0.886 on the WeeklyWe have a 3 Line Strike with Hidden Bearish Divergence visible on the weekly timeframe off the 0.886 fibonacci retrace
MX road to old ATHWe see MX is holding the second supportling line upwards, nothing much to say. But MX is going up to 4$ although there are bad fud in twitter. But I don't trust twitter, it's twitter. We have TA
MX LONGGoing long for MX as it doesn't fluctuate too much as other altcoins do with #bitcoin movements.
On a strong support and EMA confluence showing a bullish trend in in short term.
#GOAT
MXUSDT H4The price formed a trend reversal pattern and after its failure, it attacked again to test the ceiling and it was unsuccessful
I expect to enter a sell position after breaking the 2.87 support zone.
Let's see what happens :)
MX Token, the Wolf in sheep's clothingI never saw MX token rising so much high without anyone realizing. I was watching other TA but here are very less analyses! As I can see, without hesitation mx tries to get to old ATH again, Resistance at white lines. ATH at yellow line. IDK why its rising? Marketing? Or because they want 1000 mx token holdings for launchpad and kickstarter. I am not long but I hold spot, I'd like to open a long asap
MXUSDT // 2.8034 AttentionIt completed the 2.8034 Bowl and sales came from this level. Unless we see closes above 2.8034, sales may come up to the wedge indicator.
MXUSDT: Two scenario for sell -21% and -34%Disclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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MX EXCHANGE TOKEN : INCREASE UPDATEMX the exchange token is shown at the side of the study's new increased volume.
We will follow this coin at last for the next 24H to see if there are new gains that we can follow for the long term.
These updates are daily updates but can change to long-term views if there is a trend building.
We try to scan the best possible coins for the coming times, as trading there will be never a guarantee on any idea or expectation.
The market moves with time, and we should follow it.
Data shows if this coin is able to gain $1.75 then it's an important breakout point
The current price is below $1.36
Since it's an exchange token, we did also study the trend of the exchange.
MX exchange showing also an increase in the volume include users
Depend on your study in more ways, as this is not trading advice.
This is our view about MX for the short term, and if it gets confirmed for an uptrend we will follow it more.
MX -MEXC Token Within a Triangle PatternMX -MEXC Token Within a Triangle Pattern
MX is the token of the MEXC Crypto Exchange.
As we can see the price is actually moving within a triangle pattern
showing a moment of contraction in the trading volume.
The price is showing both bullish and bearish opportunities.
In my opinion, the bullish move has a higher chance to happen.
Details on the chart!
Thank you and Good Luck!
$MXUSDT UPDATE!!!Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
