MFT - Strong upside potential
------MFT-------
Looking great. Having fallen from grace at it's recent highs, is now sitting close to ATL and forming a compression within a designated range.
I observed that the amount of volume traded here is noteable in comparison to it's downtrend. I have noted that the majority of traders are waiting till it crosses and forms support above 90; at which point social media sentiment is likely to dig it's claws into this one. Bias is towards an upside move. 40-100% if the market holds.
------TA Perspective------
Alongside having formed it's first arguably most pivotal local series of HH's and HL'S we see
-6HR 50 & 22EMA about cross up
-Bullish divergence at the lows
-Volume increase and support above 86
------Investment Perspective------
Aside from the fact that this coin released straight to Binance and has not undergone a proper market cycle, which is a significant point, Mainframe:
-Has excellent fundamentals (in the speculative realm). Silent and secret communications through the bloackchain
-Has a 15M marketcap
-Has one of the biggest communities in Crypto - it's telegram aggregated members at 150K+
-It's ticker, brand name & design are all degenerate / speculative friendly
-It's team is truly an all-star team. + the project has the backing from many major crypto influencers.
------Closing------
It is one of my favorite low cap projects to date because it simply ticks all speculative boxes, bare none for me.
Once it completes a full market cycle, 10-20x in satoshi value is not a far stretch. Can it go down more? Yes. Anything can. But due to the points noted above, I worry not.
And as always, the above is my opinion & may at times be subjected to flaws. I present data as objectively as I can, but the future is largely unknown.
Shadow
Looking great. Having fallen from grace at it's recent highs, is now sitting close to ATL and forming a compression within a designated range.
I observed that the amount of volume traded here is noteable in comparison to it's downtrend. I have noted that the majority of traders are waiting till it crosses and forms support above 90; at which point social media sentiment is likely to dig it's claws into this one. Bias is towards an upside move. 40-100% if the market holds.
------TA Perspective------
Alongside having formed it's first arguably most pivotal local series of HH's and HL'S we see
-6HR 50 & 22EMA about cross up
-Bullish divergence at the lows
-Volume increase and support above 86
------Investment Perspective------
Aside from the fact that this coin released straight to Binance and has not undergone a proper market cycle, which is a significant point, Mainframe:
-Has excellent fundamentals (in the speculative realm). Silent and secret communications through the bloackchain
-Has a 15M marketcap
-Has one of the biggest communities in Crypto - it's telegram aggregated members at 150K+
-It's ticker, brand name & design are all degenerate / speculative friendly
-It's team is truly an all-star team. + the project has the backing from many major crypto influencers.
------Closing------
It is one of my favorite low cap projects to date because it simply ticks all speculative boxes, bare none for me.
Once it completes a full market cycle, 10-20x in satoshi value is not a far stretch. Can it go down more? Yes. Anything can. But due to the points noted above, I worry not.
And as always, the above is my opinion & may at times be subjected to flaws. I present data as objectively as I can, but the future is largely unknown.
Shadow
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