MITX ABOUT TO BREAKOUT, 2-8x gains
Updated
THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
MITX has one of the nicest setups on Kucoin, yet again. The price has broken above the 205 EMA on the 10 day chart and is consolidating. The last 3 10 day candles look really bullish sitting on the 205 EMA. I am expecting .04 then .08 and finally .16 price targets this year. With a lot of Kucoin Gems taking off in price, I expect this one to remain in bullish territory a majority of the year.
FUNDAMENTALLY
Morpheus Labs is a leader in Blockchain-Platform-As-A-Service (BPaaS) offering mission-critical tools, infrastructure, various blockchain protocols, and blockchain use case references for enterprises and developers to build, experiment and manage their own applications effortlessly at minimal cost and time. Armed with relevant capabilities, the platform offers a multitude of intuitive solutions that enables developers and enterprises alike to take advantage of its platform to build effective solutions for various use cases.
Morpheus Labs is featured in the Singapore Blockchain Landscape Map and Tribe Accelerator alongside enterprises such as IBM , Oracle , PwC and Microsoft .
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
MITX has one of the nicest setups on Kucoin, yet again. The price has broken above the 205 EMA on the 10 day chart and is consolidating. The last 3 10 day candles look really bullish sitting on the 205 EMA. I am expecting .04 then .08 and finally .16 price targets this year. With a lot of Kucoin Gems taking off in price, I expect this one to remain in bullish territory a majority of the year.
FUNDAMENTALLY
Morpheus Labs is a leader in Blockchain-Platform-As-A-Service (BPaaS) offering mission-critical tools, infrastructure, various blockchain protocols, and blockchain use case references for enterprises and developers to build, experiment and manage their own applications effortlessly at minimal cost and time. Armed with relevant capabilities, the platform offers a multitude of intuitive solutions that enables developers and enterprises alike to take advantage of its platform to build effective solutions for various use cases.
Morpheus Labs is featured in the Singapore Blockchain Landscape Map and Tribe Accelerator alongside enterprises such as IBM , Oracle , PwC and Microsoft .
Trade active
This is pinbarred down and is sitting on support now. I am holding and am still confident in this setup.
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