[MDT/USD Buy] - Crypto Academy / S6T4- Team Trading Contest Post for Reminane

I am glad to join Team Reminane and I will try my level to best to add value to the team and we will win the Contest.

1.) Name and introduction of the project token.

Measurable Data Token is a decentralized Data Exchange Platform that rewards users for sharing their consumer behavior data. As we all have heard that DATA is a Digital Fule and we generates Millions/Billions of data on a daily basis which is being collected by big Tech giant but the problem here is these big companies sell our data to the all shorts of Buyers and make huge money from it. These companies sell the consumer behavior data which can be helpful in Decision Making, Marketing, Identify Market needs, etc but as we are the source of the data we don't get anything in return that's where MDT come up with the Concept where every user will be rewarded for their contribution.

Once we are opt-in our data will be anonymized, aggregated, and exchanged as Big data and since we have the power of blockchain MDT creates Smart contacts so that your data can be safe and you will get the rewards. These rewards can be utilized within MDT Ecosystem or can be cashed out. Everything will be traceable on the blockchain so that Data buyers can make sure that they are buying quality data.

2.) Why are you optimistic about this Token today, and how long do you think it can rise?

The real-life application of the MDT platform is huge and Data is the digital Fuel. The best thing the platform is doing is bringing is the transparency where we will be able to know where our data is being used also our data will work to generate some rewards for us. MDT has an active development team and so many partnerships on the line who are working continuously to increase the adoption. MDT is a Low cap coin and listed on all the big exchanges like Binance, By bit, kucoin, etc and the MarketCap is just 40 Million. The technical is also looking really good that I will be discussing int eh next section.

3.) Technical Analysis

I would like to do the Multi timeframe analysis.
MDT/USD, 1W
On the weekly time MDT is looking interesting and created the same pattern as BTC where it is moving in the Channel. It will make another High probably sooner or later. It is just boucing from the weekly trendline support.

MDT/USD, 1D
On the daily timeframe it is looking very bullish, there is RSI diversion on the major demand zone also it is currently trying to give breakout. It will pop very soon.

MDT/USD, 1 hr-
On the hourly timeframe, It is ready to give the breakout. it already tested the resistance 4 times now in the consolidation zone before the breakout.

Entry Price: $0.059
Stoploss: 0.04212(Daily close below)
Target: 0.09253

4.) Your plan to hold it for a long time or when to sell?

I will hold this trade for at least 1:2 Reward and the sentiments are looking really good. MDT can show a very good upmove in coming days whenever the Mid cap coin trend will start. We have seen small cap coins like MDT pump 10-30% in a single day and also there is many annoucements in the line which can impact price possitively.

5.) Do you recommend everyone to buy and the reasons for recommending/not recommending

yes for sure, I am not suggesting to go for the long term but yes this can be a very good trade for the short term with proper Target and Stoploss. My strategy is always book 50% profit at 1:1 then hold rest amount for 1:2 target. MDT is showing a very good sign of upmove in the coming days and will hit the target. It is ranked 619 as per the CoinMarketCap and the market cap is also only 40 Million which is less and small-cap coins gives wild move in the bull run(MDT can be one of them). It has good fundamental and working model which has real-life application.

6.) Anything else you want to share about the token/project.

The use case of the project in the real life is wide and everyone would love to get rewards for sharing their behavioral data which we are sharing currently but not getting anything in return. I am also using this Reward me capp and getting some MI coins in my wallet which I can use in MDT ecosystem. RewardMe is an app where we can get rewards and utilize it within the eco system there are so many ways where we can use MI points.

Learn more about the project-

Website- https://mdt.io/
Twitter- https://twitter.com/MeasurableData
WhitePaper-

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cc- @reminiscence01 @nane15