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Mainframe Looks Ready Based On 2 Timeframes
Long
Mainframe Looks Ready Based On 2 Timeframes
By AlanSantana
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Updated
Jul 16, 2020
4
2
5
5
Jun 13, 2020
Here we have Mainframe (MFTBTC), looking ready to boom.
We start with the weekly (W) timeframe... Prices are now safely growing above EMA10.
We can also notice a bullish/green close in the past four weeks.
Increasing volume.
A strong RSI.
And the MACD trending up.
Now let's have a closer look at the daily chart, the main chart above.
When looking at the daily, we can see MA200 being conquered on high volume.
The MACD is really strong and finally crossed the zero line... Mainframe can start to grow soon.
Namaste.
Jul 16, 2020
Note
TARGET:
1) 16 |Hit16-July (+33%)
*) 19 |Hit16-July (+58%)
Aug 10, 2020
Note
TARGET:
1) 16 |Hit 16-July (+33%)
2) 21 |Hit 19-July (+75%)
3) 24 |Hit 19-July (+100%)
4) 28 |Hit 19-July (+133%)
*) 34 |Hit 19-July (+183%)
Beyond Technical Analysis
Technical Indicators
Trend Analysis
AlanSantana
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