MFTBTC recenty did its breakout. I observed a bullish flag pattern as seen in the 4H graph. So after touch 139-140 sat support which refers to Fibonacchi 0.5 level correction, it will go up. It already touched below 139 sat last night but it may re-test while flag is getting narrowed.
Volume is getting lower inside the flag so this is a goof sign of formation. Always use stoploss while trading.
Thank you for reading and wish you have a profitable day...
Volume is getting lower inside the flag so this is a goof sign of formation. Always use stoploss while trading.
Thank you for reading and wish you have a profitable day...