MLNUSDT - who even knows? lets see (OBV trend test)
I'm not going to pretend I know what happens with some of these tokens, I'm not even sure what MLN is. But trawling trough charts just noticed this rhythmic pattern forming in MLN price surges. each time pumping approx 100%. I've searched for a catalyst for these pumps, trend lines, MA crosses, MACD, levels, RSI trends, stochastic, etc. Nothing gives much of a clear indication (though I haven't spent much time on it). The thing that stands out immediately though, and with strange consistency is the OBV trend. So putting this here as a place holder to see how this pans out. See what happens when OBV touches that green trend line 🤷♂️
This is not technical analysis. I'm not even putting money in this thing, just curious to see if it pumps again prior to or on the 25th Oct
and what that might tell me about the special world of OBV trends
This is not technical analysis. I'm not even putting money in this thing, just curious to see if it pumps again prior to or on the 25th Oct
and what that might tell me about the special world of OBV trends
Spent slightly more time analyzing MLN. It looks pretty good. Prone to pumps and dumps, which you dont want to get caught on the wrong side of. But this MACD cross on the daily feels like a good thing. RSI is trending well. OBV and Price channel supports approaching. Possible price target 280-299 with strong pull back to the 170 range. I might put some money in this after all