Mainframe Fully Oversold + New All-Time Low

By AlanSantana
Updated
The easiest way to trade is by keeping it simple.

We know that it is hard to buy when everything is red, but that is exactly the right time to jump into any trade.

We buy low to sell high.
We buy red to sell on green.

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Mainframe (MFTBTC) just hit a new all-time low on Binance yesterday and is printing strong bullish divergence.

Take a look at the RSI, is coming out of oversold after hitting its lowest level yet.

This pair here has the potential to move higher if it can break above EMA10.

Note: The MFTBTC chart is bearish and moving lower, only early signals are pointing to a potential change of trend.

Remember to always have a plan if you decide to trade and use a stop-loss.

THIS IS NOT FINANCIAL ADVICE.

Feel free to hit like to show your support.

Namaste.
Comment
Getting ready to move... Slowly creeping up above resistance, we can see an impulse move after breaking 21-22 satoshis...

snapshot
alanmastersBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bitmexbittrexTechnical IndicatorskucoinmainframeMFTMFTBTCTrend Analysis
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