biggest single day buy volume ever about a week ago.
231 btc 3 minute candle at 11.5 sat average = 2 billion mft (20% of total supply) purchased by a whale on binance.
i bought a lot. 1000 sats would be a dream. buying more on s/r flip at 20 and 90.
Mainframe (MFTBTC) is literally sitting at the bottom and starting to move up.
In the past few months, we mentioned "above-average" volume when looking at volume as an indicator for bullish breakouts. Now, we are looking at "high-volume", "highest volume bar ever" and similar...
MFTBTC just printed a really big volume bar to break above EMA10... The bottom is...
The easiest way to trade is by keeping it simple.
We know that it is hard to buy when everything is red, but that is exactly the right time to jump into any trade.
We buy low to sell high.
We buy red to sell on green.
Mainframe (MFTBTC) just hit a new all-time low on Binance yesterday and is printing strong bullish divergence.
Take a look...
$MFT coin looks really juicy for buying. Let me tell you why. There we have a convergence on RSI which is a bullish sign. Moreover, the asset is located in the oversold zone, according to Stoch. RSI data. And, by the end, we can see two strong supports: a horizontal and a descending. Good set-up for a good growth. The best buy zone was mentioned as a grey...
Downtrend reversal on MFT confirmed
Massive 1D volume influx helped to break out
of a falling wedge
Short term targets at previous S/R flips at 20
and 40 sats
Long term target at heavy weekly resistance
at 72 sats
MainFrame(MFT) has already broken its previous lows and sitting under the '20s
With the price consolidating between 14-17 Sats, it can show an upward movement soon
As a low satoshi coin, I would place my bids at 15 and 16 Sats
Target zone for Short term would be 22-25 Sats (depends on the Bitcoin movement)
NOTE- DYOR before investment, this chart is for...
Some decent volume coming in recently, however still beneath resistance at R1. If we can manage a close above and retest, we could take it to R2 from there. I put an example of a scalp trade in chart.
Ghastly chart. I wouldn't touch this with a 10 foot pole. I'm layering out the resistance levels for you guys in the event there is a pump. I don't think we'll break the HVN on the first try, so I would set some sells around there to begin with. POC will be even harder.
Pair : #MFT / #BTC
Exchange : #Binance #Bittrex
RSI : 31
Note : After reaching the stop loss given on #MFTs trade we it lose a big amount of price level by the past 2 weeks in general. Showing a good bullish candle stick formation by the past 2 days its is trying to build up a reversal upward trend by breaking out the falling wedge...