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MGTI update - +125% GAIN VERY LIKELY! 14MO CUP+HANDLE BREAKOUT10/26 Update! LOOK FOR BREAK OUT CONFIRMATION OF $2.70 FOR PROFIT TARGET OF $4.50 MGTI certainly seems to be on its way, up +18% today. Still at less than half of where we're going!! :) I'm looking for us to cross $2.56-$2.60 either By Tuesday but this is MGTI - could be sooner or later - this is crypto.. but my gut says within the next 3 trading days. Once $2.70 is reached and if volume supportive , we have confirmation of a Cup+Handle breakout and first price target becomes $4.50 See my previous charts on MGTI for explanation of the why. But in short. But in short... take your pick why we're going to the moon. WE'RE GOING TO THE MOON! BUY YOU FOOLS! The charts don't lie: 3x bullish signals. 14 month Cup & Handle, falling wedge, double bottom. Sentinel ships Nov 1 Largest bitcoin miner in the US. Committed to exceed 60 Petahash by Q1 2018 350+ bitcoin mined monthly Monthly revenue of $2M+ per month / $1.3M $1.1M EBITDA per month Privacy phone release Feb 2018 - hack proof, built in crypto wallet. SECURE
OTC:MGTILong
by jdharward
4
AUDNZD Bullish Inverted Cup/HandleA possible Cup and Handle Reversal on the AUDNZD Daily. Also forms a descending triangle as any cup/handle pattern should. 1) If it closes above the upper triangle trend with a strong bullish candle then a ling trade should be successful. 2) If it breaks out below point B at 1.08334 then the reversal should be on. Inverted Cup with Handle " You must wait for the breakout with this pattern before trading. Too many patterns.....had prices moving upward instead of downward, especially in a Bear market. A breakout is a close below point B, the lowest low on the right rim. " - Encyclopedia of Chart Patterns - Thomas N. Bulkowski - Second Edition 2005
by MrPresident