Mainframe (MFTBTC) is literally sitting at the bottom and starting to move up.
In the past few months, we mentioned "above-average" volume when looking at volume as an indicator for bullish breakouts. Now, we are looking at "high-volume", "highest volume bar ever" and similar...
MFTBTC just printed a really big volume bar to break above EMA10... The bottom is in!
MACD:
The MACD is trending up with plenty of room left available for growth.
RSI:
The RSI is past resistance, plenty of room there as well left for growth.
When looking at Mainframe (MFTBTC) long-term, we can notice several things... First the chart:
Falling wedge broken.
Full negative 9 count completed on the TD Sequential.
Price going flat.
Volume breakout / massive volume.
Bullish spinning top candlestick.
MACD bullish crossover.
RSI massively oversold.
1450% PProfits (Potential Profits) to ATH.
Plenty of bullish signals can be spotted there...
Conclusion
Mainframe will generate massive gains. Period.
Namaste.
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TARGET:
(1) 16 |Hit 18-Nov. (+33%) (*) 20| Hit 22-Nov. (+66%)