Molecular Future is one of the digital assets owned by the giant blockchain group Hyper Tech , the group behind the HyperVerse project, an exceptional blockchain membership program. Go to my theforexportal website for more information about HyperVerse.
Since MOF was forked (diluted) last December the price has steadily declined before moving north back in...
Molecular Future is one of the assets owned by the giant Hyper Tech group the company behind HyperVerse (see my profile for details).
MOF has broken out several times over the past few weeks and then moved sideways.
Currently price is moving in a range between .001255 and .001011 and is contained below resistance at .001255 and a rising trendline from late...
MOF is back carving out another flag/pennant/banner formation.
However.
Previously the price was above the 50 EMA and used this to drive higher.
Currently the price is below the 50 EMA but above the significant line of support at .00149 and the mid pivot and we will probably see the price squeezed between the EMA and this line of support before we break out...
MOF - Molecular Futre continues to consolidate between a line of resistance and the 50 day EMA.
As this flag/pennant lengthens so we move closer to break out.
Usually breakouts following periods of consolidation can be quite violent and price can quickly surge higher like a dam collapsing and releasing its water.
All the signs are on for a break out north as we...
Molecular Future is one of the assets owned by the giant Hyper Tech Group the Group behind HyperVerse.
Since its was forked (the circulating supply diluted from 87m to 87b) the price has fallen but over the last few weeks this asset would appear to have made a floor and is now building momentum higher.
Flag or pennant formations are common in trading and are a...
The MOF did indeed break out north as was suggested by the technicals.
Having hit resistance from several weeks ago, price has stalled and appears to be now waiting for the 200 EMA to catch up.
I expect price to drift sideways for several days now and when the 200 EMA is met then we could see price use the 200 as a springboard to break the resistance and move...
Molecular Future has (apparently) arrested its steady decline for the last 8 weeks and is tracking sideways.
Price is now trapped between a rising trend line and the 200 EMA in a clear flag or pennant formation.
Which way it breaks is anyones guess but it looks as if we shall see price break out either up or down over the next few days.
I remain mildly BULLISH on...
