#Accumulation_Recomendation
Pair : #MFT / #BTC
Exchange : #Binance #Bittrex
RSI : 31
Note : Our last #MFT call did give us a fairly good profits in which our call was around 41 sats and reached 53 sats. By now it seems #MFT is in its lowest positions and ready to take off any time. EMA struggling to come below the price and seems to be on the way soon. RSI and MACD also seems to be on the way to be on favor of the bulls. Candle stick needs 1 or 2 sats to be in a bullish engulfing formation and it is likely to happen on the close of the daily time frame. Volume looking good for now but needs some more spike to confirm a reversal upward trend. Since we are on the very low of point of the price level and very big partnership news coming in the near future it seems a very good and smart move to accumulate #MFT at this point with a good capital accumulation and risk management strategies and a strict stop loss methodology.
Accumulation Area : 35 sats - 37 sats
Distribution Area
Short Term:
Target 1 : 40 sats
Target 2 : 44 sats
Target 3 : 47 sats
Target 4 : 49 sats
Target 5 : 52 sats
Mid Term:
Target 6 : 56 sats
Target 7 : 59 sats
Target 8 : 66 sats
Target 9 : 74 sats
Target 10 : 80 sats
Target 11 : 84 sats
Target 12 : 98 sats
Stop Loss : 31 sats
Risk : High
Capital Accumulation : 4%
Pair : #MFT / #BTC
Exchange : #Binance #Bittrex
RSI : 31
Note : Our last #MFT call did give us a fairly good profits in which our call was around 41 sats and reached 53 sats. By now it seems #MFT is in its lowest positions and ready to take off any time. EMA struggling to come below the price and seems to be on the way soon. RSI and MACD also seems to be on the way to be on favor of the bulls. Candle stick needs 1 or 2 sats to be in a bullish engulfing formation and it is likely to happen on the close of the daily time frame. Volume looking good for now but needs some more spike to confirm a reversal upward trend. Since we are on the very low of point of the price level and very big partnership news coming in the near future it seems a very good and smart move to accumulate #MFT at this point with a good capital accumulation and risk management strategies and a strict stop loss methodology.
Accumulation Area : 35 sats - 37 sats
Distribution Area
Short Term:
Target 1 : 40 sats
Target 2 : 44 sats
Target 3 : 47 sats
Target 4 : 49 sats
Target 5 : 52 sats
Mid Term:
Target 6 : 56 sats
Target 7 : 59 sats
Target 8 : 66 sats
Target 9 : 74 sats
Target 10 : 80 sats
Target 11 : 84 sats
Target 12 : 98 sats
Stop Loss : 31 sats
Risk : High
Capital Accumulation : 4%
