MFT/USDT (Bearish Double Top?)
MFT/USDT
-Mainframe just painted a Bearish Double Top reversal
-Not looking good as the upward trendline support is breaking down
-Take note as well of the RSI divergence, it is a sign of weakness
-If this breakdown is confirmed, the downside target is 0.618 Fib levels
-I recommend to look for position entry or bounce play setup
-Provided there is a bullish reaction in .618 Fib region
-Mainframe just painted a Bearish Double Top reversal
-Not looking good as the upward trendline support is breaking down
-Take note as well of the RSI divergence, it is a sign of weakness
-If this breakdown is confirmed, the downside target is 0.618 Fib levels
-I recommend to look for position entry or bounce play setup
-Provided there is a bullish reaction in .618 Fib region
Telegram Channels
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.