bejaneps

MTVBTC Longterm

Long
KUCOIN:MTVBTC   MultiVAC / Bitcoin
Basically, looking at MTVBTC daily chart one can understand that this coin currently is in accumulation phase before bigger growth phase. If you pay attention to MACD, we have a cross here on daily timeframe, same one that happened on 12th of July before big pump, this is for sure big sign of accumulation and further growth.

Additionally, price is over 50 weekly MA which is on 9 satoshis, if we get price to stay over it by the end of the day, then it's confirmed bullish signal. From fundamental analysis we have coin with 3.5 mil marketcap right now and this one for sure will blow up in upcoming weeks for more than 4x. There is an event starting on Monday for MultiVAC, which is liquidity competition on Uniswap that adds more weight to growth.

Personally, I've put my sell orders 4x from current price and I will wait for it patiently.

Make your own research and I'm sure you won't regret about investing in this small cap gem.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.