$MITX is at the bottom of the range that it has been trading along and the Stoch rsi seems to be bottomed and ready to turn things around. one to watch for sure after the weekly closing and over the coming few weeks.
Fibonacci 0.618 and MA 200 seem to be a good support range
A break in the daily RSI trend line and a change in the direction of the MACD could be a good sign for price growth
Our price target is a downtrend line that can be a dynamic target
THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
It looks like MITX is breaking resistance at the .0642 resistance and going for the next resistance at .0844. Once we break .0844 there should be no resistance to .174. After .174 breaks the possibility of going parabolic is very real. With the...
TA: Bullish Stoch Crossover and almost 170 days of accumulation, currently sitting near support, it's a full signal on ichimoku which doesn't come often, a really pretty chart.
FA: 30 mil market cap. Partnership with Huawei Cloud, Seed launchpad was released recently. Staking campaign is coming this month and they're re-opening their ambassador program...
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
R/R with first target is about = 1.3 !!!
but you need money management in this trade because of my stoploss price !!!
you can set a "buy stop limit" order on the trigger price !!!
after that sell 50% of your position on tp1 and upgrade your stoploss to your trigger price and wait for tp2 or more ... it means : risk free !!!!
just like and folowfor more ... 8D
Morpheus Labs - Preliminary Entrance: .0594
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