Long

MFTBTC Established a short term bottom, looks solid here

(1) MFTBTC has established a short term bottom around 72 Satoshi on 25th Feb. This can also be looked at Double Bottom Pattern with First bottom formed on 16th Jan ( followed by Rally up to 102 Satoshi) and the second bottom just formed on 25th Feb.
(2) From the bottom, it broke out of falling wedge pattern in a daily chart with a strong buy pressure

(3) RSI and Momentum is picking up

Possible target around 95 to 100 Satoshi
SL 71-72 Satoshi

Trend Analysis

Disclaimer