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T17Heathen

Mainframe Current Trend

T17Heathen Updated   
BINANCE:MFTBTC   None
Trend Analysis
6
2
trendanalysis
MFT showing support at 0.00000259.
Secondary support at Trend line, showing a bullish trend.
I'm setting stop loss at 0.00000250
Comment:
Still following trend line
100 EMA acting as resistance.
snapshot
Comment:
Update: I've adjusted the support line and Trend angle to reflect the current situation. BTC is on shaky ground, causing tremors throughout the altcoins. I can't see MFT dropping too much lower, considering the price, but there is always the possibility. With the current BTC behavior, there is a definite risk to Holding altcoins for the short term.
snapshot
Comment:
BTC is really playing havoc on the altcoins. MFT seems to be holding up fairly well, compared to many of the other coins.
Currently, MFT is seeing the trend line as resistance. After the recent increase, MFT has fallen back, and now finding support on the .618 fib level.
snapshot
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