MFT breaking out from downtrend on daily chart. The daily candle is only 6 hours old, but the volume looks pretty decent so far.
An aggressive entry would be ow at 79 sats. A conservative entry would be at a daily close above 79 sats.
My first target is 97 sats.
A hidden bullish divergence forming on the 4hr chart. Still another hour until the candle close, but going to sleep now lol. Unless something drastic happens, this divergence should play out.
I expect a test of the top of the ascending triangle at 1010 sats. It will be the third time testing this resistance and I expect it to break. The safe play is to enter on...
Potential Inverse H&S playing out on the 4HR chart for $MFT. For aggressive traders, you can buy now or on the break of the neckline. For more conservative traders, a break and retest of the neckline would be a good entry.
As usual, this trade depends on how $BTC holds up. If $BTC tanks, I would expect a retest of the previous low of 85 sats,
Potential inverted head and shoulders on the 4 hour time frame. A break of the trend line with a retest and bounce to first resistance at 172 sats would potentially be an even bigger inverted head and shoulders.