Bought some #MFT / #Mainframe at #binance - Push incoming?

7 июл. 2018 г.

Bought some #MFT at the "bottom" range and I'm waiting to see a push to test out some resistance levels.

This is the 15m chart follow-up and let's see how this plays out.

8 июл. 2018 г.

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and the fib fan I was count on as support failed and price when down and being supported by the levels of the blue fib fan. At least I expect the last level to hold and a bounce from then on.

8 июл. 2018 г.

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as Expected ;)

8 июл. 2018 г.

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Oh well.. BINGO.

8 июл. 2018 г.

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Clean up time. I've removed previous fib fans and fib levels that are not in play now and added new support zones as well higher targets.

9 июл. 2018 г.

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And I took some profits at 355, nothing much and already some Buy orders set on reload zones.

9 июл. 2018 г.

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Sold 25% at 0.00000355 and I front run a bit and bought back in at 0.00000328. The price dipped to the lower reload zone at 0.00000314 and for now, I don't think it will revisit that level again and the price will try to move up having the support of that ascending level.

Still waiting for another breakout that will take MFT price to higher resistance levels

9 июл. 2018 г.

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9 июл. 2018 г.

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I wonder if this Elliot Wave can become valid... ( I'm not used to playing around with Elliot waves but let's give it a go)

10 июл. 2018 г.

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Adjusted the Elliot Wave.. now it makes sense... and probably going to C closing the correction for the move.

10 июл. 2018 г.

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-> 1 2 3 4 5 + A B C (and closed the cycle)

Waiting to see what happens next. (Sold 75% of my MFT near on that top (5) and currently I'm out and waiting, the remaining 25% that I'm holding are still in green but I'll set my stop limit at the price I bought just in case).

11 июл. 2018 г.

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Basically, it had a push / pump and has gone to a full retracement. Looks like it's ready to make some moves soon.