Hey guys,
in this analysis I want to show you Mainframe MFT. It is actually moving in a parallel channel.
May it will break out of this may not. Until now you can expect it moving within this channel respecting our trend lines.
You can buy it for a long term development or simply scalp that bitch between touching resistance and support.
Have fun!
Exited my MFT position after a second denied break out.
Assuming BTC does not continue to fall into 5k range, I will be looking for an MFT re-entry around 140 with a bounce. If 140 breaks without support, I will be waiting to re-evaluate.
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MFT IS MOVING ITS WAY TO ATH .MFT ALREADY BROKE HUGE RESISTANCE AROUND 139 AND NOW THAT RESISTANCE BECOMES SUPPORT
HUGE RESISTANCE MEANS HUGE SUPPORT .
Targets Are
1st Target - 196
2nd Target - 270
3rd Target - Moon..........
Good Entry Price Is : 138-145
Note : This Is Not A...
The project is new ,price is low and there is alot of hype/speculation behind it. After a correction of 39% from the recent high, MFT is ready for move up. Targets are on chart
T1: 180
T2: 200
T3: 300
BUY: 0,00000126 - 0,00000135
SELL: 0,00000168
STOP-LOSS: -
Support: -
Resistance: -
Mainframe is a decentralized messaging and data protocol designed to help fight again censorship by increasing the confidentiality of individuals and groups. It is based on the Kademlia network, which is decentralized by nature and enhances the privacy and stability of the...
First break from long descending yellow trendline and 3 resistances to overcome within 2 ascending parallels.
I gave up on this one a week ago... lesson: never loose hope in your favourite coin.
Buy Price: Yellow Line
TP: Green Lines
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice...
![MFTBTC: [MFT/BTC ]Mainframe is moving in a parallel channel](https://s3.tradingview.com/s/s0y56wRn_mid.png "[MFT/BTC ]Mainframe is moving in a parallel channel")
