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

7 Jul 2018

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 Jul 2018

Nota

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 Jul 2018

Nota

as Expected ;)

8 Jul 2018

Nota

Oh well.. BINGO.

8 Jul 2018

Nota

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 Jul 2018

Nota

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

9 Jul 2018

Nota

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 Jul 2018

Nota

9 Jul 2018

Nota

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 Jul 2018

Nota

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

10 Jul 2018

Nota

-> 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 Jul 2018

Nota

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