ā This week's MDAO analysis came out on FOMOHOMO. Here is a short translated quote from the post.
22 Jan 2023, 09:00
š§āš» This week's MDAO analysis came out on FOMOHOMO.
Here is a short translated quote from the post š¬
"After the violent impulse growth in November, a legitimate correction followed ā this is absolutely normal for any asset. The price ended up forming a bearish wedge on the daily TF and found support around 61% Fibo percent. I see that sellers' and buyers' demand have now roughly equalized.
The support is around 24 cents.
From a TA perspective, the first important resistance level would be around 30 cents after jumping out of the wedge. Next I would say 40-41 cents and then a historical high.ā
š The original post with the MDAO token analysis can be found here.
Thank you to the FOMOHOMO team for their detailed analytics and support of the MarsDAO ecosystem!
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