TheSignalyst

MPC - Wait For The Trigger ๐Ÿน

KUCOIN:MPCUSDT   Partisia Blockchain / Tether
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

๐Ÿ“ฆ MPC has been overall bearish trading within the falling channel in red.

๐Ÿ“ˆ However, it is currently approaching a strong round number $0.3.

๐ŸนFor the bulls to take over and shift the momentum from bearish to bullish, a break above the last major high in red at $0.45 is needed.

In such a scenario, a movement towards the $0.65 resistance would be expected.

๐Ÿ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Trading Made Simple; and Rule-Based
www.RichTL.com

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