MCL token is in an uptrend...

The pair started its upward trend from 7.25 Bitci levels on September 24 and carried its movement on 19.45 Bitci levels. However, the continuation of purchases at this point caused a downward trend to begin.

With this downward movement, the support point of the uptrend, 15.20 Bitci, was reached on October 7th. The pair is now in an effort to rise above the uptrend again.

For now, the resistance point of this trend coincides with the 15.65 Bitci level. If this level is crossed upwards and the 15.93 Bitci level is broken then we can characterize this pullback as a sag. If this happens, 17.29 and 17.80 Bitci levels can be targeted again in the pair.

However, as the 15.65 Bitci resistance cannot be broken after a few tries, the parity will lose power, and the risk of the downward movement to regress to 13.83 and 13.01 Bitci levels, with 14.87 Bitci intermediate support point will increase. For this reason, the most important point that will determine the direction of the parity is whether the 15.65 Bitci level is broken for the time being on the 4-hour chart.