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T17Heathen
Jul 10, 2018 12:53 PM

Mainframe Current Trend 

Description

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.

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.

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.
Comments
sawyur
Drew the same support line to make my self feel better about my shit entry price, hopefully we see a rebound of the major trend
MyKasparov3
thanks
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