THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
MITX has one of the nicest setups on Kucoin, yet again. The price has broken above the 205 EMA on the 10 day chart and is consolidating. The last 3 10 day candles look really bullish sitting on the 205 EMA. I am expecting .04 then .08 and...
THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
Price is trading between .015 and .027. If price breaks below .015 it might dip a little further before rallying, but if price breaks .027 we could see .04, .08, then .18 THIS YEAR. Maybe even sooner. The supply of MITX is fairly small so price...
NON FINANCIAL ADVICE.
With the spike in selling volume and then immediate buy volume I believe MITX is finally bottoming. The market cap seems to have taken a significant hit, while fundamentals are still strong. This leads me to believe that we should see a reversal and sentiment change soon.
Hi,
Short update as we have a 2X potential on MRPH vs ETH on Uniswap. Looks like pretty strong rejection on the bottom of the channel.
If we retest the channel top, it will be an opportunity to double your ETH
See chart.
Close under the channel would negate this hypothesis.
dyor
The green line is the downtrend line coming based of the Weekly chart (from ATH).
This is broken now.
If it now bounces off it and turns that into suport, it would provide a wonderful buy opportunity and a nice run to the upside.
Watch that level and decide based on price action.
Good luck
This could go either way but look how it gets squeezed and compressed between the 200MAs (red / green) on the daily chart.
And they get narrower and narrower as the pressure is building up.
Lets see where this goes.
MRPH has broken the downtrend line and confirmed it as support multiple times on the 4H timeframe.
check on coinmarketcap, its around rank 500 with Market Cap of $35,794,198, it should not take much volume to make Morpheus Network Moon
medium.com
Just look at text book bottoming pattern its printing.
If we have alts increase this summer, a small coin like Morpheus Network will explode al least to ATH.
No clear chart on tradingview, only coinmarketcap because HitBTC has a very illiquid market. However first target is 4200 sats and then higher. I think there is room to the upside here as this has going sideways for quite some time vs BTC. It's time!!!
Retracement from previous ATH seems to be ending and we are searching for some higher lows, the possibility of a ascending triangle to setup concluded with a breakout near 0.00366 Gwei is in the cards. Upcomming announcement's we waiting for are: TradeKO (Coca Cola Femsa), Sobeys inc. (Canadian grocery), Senasa Spain (Agriculture)
For this altcoin pair, MRPHBTC, the action is already "in"...
On the 30-March we shared the following chart:
This one was very easy to read and the results are amazing... To me.
Well, target perfectly hit... More opportunities are always being made available to us when we try, when we dedicate ourselves, when we really want, when we persist.
As long as you...
Morpheus.Network (MRPHBTC) just broke out of a falling wedge, this can lead to nice gains.
On the chart above you can find our "main target", with over 80% of potential profits.
The stop-loss is also marked.
You can always set your own stop-loss based on your risk tolerance.
Namaste.
