alanmasters
Long

[MFTBTC](108%) Mainframe Trade Setup @alanmasters

BINANCE:MFTBTC   Mainframe / Bitcoin
Mainframe ( MFTBTC ) had a high volume rejection when trying to break above EMA10 and broke below support but the bears are missing strength.

We believe there is a trade set up here with good profits potential, let's take a look...

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Trade: Mainframe ( MFTBTC )

BUY: 0.00000046 – 0.00000050

TARGET:

(1) 0.00000059
(2) 0.00000067
(3) 0.00000079
(4) 0.00000087
(5) 0.00000100

PROFITS POTENTIAL: 108%
(Buy-in calculate at 0.00000048)

STOP: Close weekly below 0.00000040.

Potential scenarios are drawn on the chart for illustration purposes only. Use the numbers above for more specific reference points (targets, buy-in and stop loss).
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Helpful and simple tips for our readers and supporters

  • This is not financial advice.
  • Remember that patience is key.
  • It takes time for this or any other chart to fully develop.
  • Trades can take anywhere between 2-4 weeks to start to move, and up to 3 months to complete.
  • Trades with long term targets can take even longer (8+ months).
  • Always make sure to diversify.

This is Alan Masters.

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Related Ideas

still confident on the potential here ?
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@Gf72, I don't trade based on confidence.
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Gf72 alanmasters
@alanmasters, sure :) I just meant if you are still confident in your TA on this one, looks to drift from both scenarios
?
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Getting removed for US customers on Bittrex.
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alanmasters CryptoFrank23
@CryptoFrank23, Thanks for sharing.
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namaste.
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What's About This??

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@Faibik, Looks good, thanks for sharing.
Reply
Faibik alanmasters
@alanmasters, welcome sir
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