This line has held support many times in the past, I know everytime you hit the support it becomes weaker. This token has been in a 6 month consolidation, and gearing up for a big move soon, in one direction or another. The bigger the move, the more they will shake before the pump(or dump), expect some short term volatility and then fireworks, up or down, I'm...
good time to buy imo, not financial advice. hit this bottom line multiple times and rallied
This has been trading in a range for awhile, its near the bottom of that range, I am reading this as accumulation. It is not quite in the value range(right side shaded volume) which I like to load bags, but, it might not ever get there, so its a good time to start a position, and add if it goes into the value range. This will pump after this long accumulation...
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!!!
FA: @morpheuslabs_io Another great project on KuCoin with minimum 2x-3x potential. Leader in Blockchain-Platform-As-A-Service (BPaaS). Recently made a strategic partnership with Huawei. Token is $MITX. Check other Strategic Partners & Clients on www.morpheuslabs.io TA: Current level is previous resistance. If we hold this and turn it into support, off we go.
Love these small marketcap plays. This one will break out soon enough
MITXBTC Levels of support/resistance - one bullish and one bearish scenario.
If you look at the recent price action for $MITX, you can be excited. But if you look at the bigger picture - you might be excited 5 times more, because that's what is possible with those great fundamentals that $MITX has. Many alts are breaking their preious All Time Highs, I believe, $MITX would behave pretty much the same. So all levels to watch are on Fib retracement.
A daily close below the horizontal line would be very bad. It would indicate a price discovery to the downside. I think we could see some upwards price action in the coming days.
Chart is quite interesting: three ascending bottoms and it is quite possible to see a fake breakdown a little bit lower, to the previous lowest level from where we expect to see a good growth.