#MEW RANGING MARKET STRUCTURE EARNS A 55.36% INCREASE FROM ITS REBOUND!
After revisiting its support levels, MEW continues to retrace back to its resistance where its constantly getting blocked at its attempt for higher prices. Despite this, we are still seeing a bullish outlook from most of the traders that are highly driven by this project. Once the resistance keeps on getting tested we will see signs of its weakness and this is also true with the support. Thus, its currently uncertain as to where MEW is currently headed at in the long run. Best way to stay profitable with this altcoin is to observe it first. Rather than entering it when its totally indecisive.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.