Let's see if this pattern plays out, i dont know nothing about mft and its fundamentals, but the chart looks good for a descending wedge formation. follow the eagle :) buy everywhere around the circle, the idea is to catch a strong move up, if this move doesnt break above the wedge with volume, i think the coin will see lots of sideways, so in that case we get out...
Basically version 1 revised.
After reaching the target in the first chart, btc couldnt sustain a bull run, then plan is to buy around 7.1k again, expecting some panic, placing low orders around 6.95k.
Charts only show price, time and volume, and indicators are a mirror of that information, you only need, price, volume and time to make a projection.
Today guys i bring you my setup for eteherum.
I think it will keep dropping and bounce at 500-520usd for a bulls relief and bears tp to continue dropping to the low 400's forming an eve hopefully.
clear downtrend, 7.1k as main buy target, if bullish enough 7.4k could bounce very hard. we will see.
2 small trendlines holding the price now, they wont hold too much imo.
warning: possible bounce in case fomo attacks here, still shorting the yellow line 9.2k
follow the eagle :)