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UnknownUnicorn4517384
Apr 4, 2019 1:19 PM

Mainframe is waiting for the upside move Long

Description

This chart is quite clear, I only put some resistance & support lines as I see a simple accumulation here. Look how 72 satoshis has been playing the major support role since the August of 2018. Do not expect this area to be broken, especially before the mainnet launch scheduled to early April 2019. Long-term targets lay far higher than the previous top (170-180 sats), but this area could serve as a resistance in mid-term.

Comment

Additionally, I attach a Weekly chart of Mainframe with Bollinger Bands. And, like in other charts of altcoins, BBands are too compressed:



Waiting for the close of this week to confirm the upside movement.

Comment

Would like to see the price bouncing from the ~ 70-72 sat with some volume. The picture doesn't look good (for now).
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