Long

Mainframe Looks Ready Based On 2 Timeframes

Updated
Here we have Mainframe (MFTBTC), looking ready to boom.

We start with the weekly (W) timeframe... Prices are now safely growing above EMA10.

snapshot

  • 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.
Note
TARGET:

1) 16 |Hit16-July (+33%)
*) 19 |Hit16-July (+58%)
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%)
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