Moeda Loyalty Points (MDAUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Moeda Loyalty Points began a wave one advance on August 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 4, and the red wave two (blue sub-waves a-b-c) correction ended September 12. If this wave count is correct, Moeda Loyalty Points should be heading next towards the September 4 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Moeda offers simple peer-to-peer payments and a peer-to-peer remittance network to help drive entrepreneurs toward their goals. You can view one use case of Moeda below.
(Sources: https://moedaseeds.com/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Moeda Loyalty Points will takeout the September 4 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Moeda Loyalty Points will drop below the August 14 low".
If you think Moeda Loyalty Points is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Moeda Loyalty Points will stay in a trading range between the August 14 low and the September 4 peak until October 20".
(Chart courtesy of Tradingview.com (log scale))
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