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Technical analysis by chrismerkle94 about Symbol MDT: Buy recommendation (2/22/2024)

https://sahmeto.com/message/994005
chrismerkle94
chrismerkle94
Rank: 27060
1.4
Buy،Technical،chrismerkle94

Possible Inverse H&S pattern forming, daily shows a long wick down to .06 which probably will get filled and invalidate this pattern.Chart is looking good, bitcoin might rain on the parade but measurable data AI aspect of this token is definitely getting a boost from NVIDA/AI Craze. Maybe we can defy bitcoin for a little. If 8 cents breaks you have stop losses triggered by shorts coupled with buying pressure from inverse H&S break out. Could push us to .0965 target.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$0.075929
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