MDABTC (Moeda Loyalty Points) printed a strong bullish wave in late October and later entered a correction phase.

This correction ended up with a falling wedge pattern and prices bouncing just below the 0.786 Fib. retracement support.

We can see MDABTC now back above the 0.786 Fib. retracement support level .

Together with the falling wedge , a MACD bullish cross, and many altcoins starting to turn… This can signal that the correction is over.

Additional details on the chart.

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