Huge accumulation can be seen on the bottom of the chart
when MFT hit the bottom, a 2bil + MFT buy was done which was over 25% of the circulating supply.
We are nearing a true golden cross (13/48.5 EMA crossover on daily timeframe) + price is currently trading above EMA's
Price has been in this range for 74 days now and is getting very tight which could indicate hyge expansion
RSI increasing
First resistance can be seen at 20 sats, altho this is only minor resistance. next resistance could indicate 3-400% profits
MFT only has a 8.5 million dollar marketcap so it has a lot of upward potential
when MFT hit the bottom, a 2bil + MFT buy was done which was over 25% of the circulating supply.
We are nearing a true golden cross (13/48.5 EMA crossover on daily timeframe) + price is currently trading above EMA's
Price has been in this range for 74 days now and is getting very tight which could indicate hyge expansion
RSI increasing
First resistance can be seen at 20 sats, altho this is only minor resistance. next resistance could indicate 3-400% profits
MFT only has a 8.5 million dollar marketcap so it has a lot of upward potential
Commentaire:
Just to show the bigger picture, but 70-75 sats is major resistance
My ideas are not meant for trading advice, always do your own research. Always be prepared for bull and bear scenarios
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If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ