MOG Coin
Long

A New All-time High Next To Come In MOG Price?

492
Is A New All-time High Next To Come In MOG Price?

The daily chart of MOG shows that the price recently fell into a wedge pattern but has now broken out of it. Despite this breakout, the price is currently facing resistance at the 20-day, 50-day, and 200-day EMA bands.

A strong push from the bulls could overcome these dynamic hurdles, and maintaining levels above these EMAs could indicate a change of character (ChoCh) on the daily chart.

Similarly, if the breakout continues, a new all-time high could be targeted after overcoming the obstacles along the way.

The MACD histogram is trending bullish, and the RSI is finding support on the 14-SMA smoothened line. Overall, the combination of these indicators with the price action suggests a bullish outlook ahead.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.