MITX MID BREAKOUT THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
Price is starting to react nicely since my last MITX post. MITX 10 day chart is currently my favorite set up on Kucoin. 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 .
MITXETH
BULLISH MITX Trading Between .015-.027THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
Price is trading between .015 and .027. If price breaks below .015 it might dip a little further before rallying, but if price breaks .027 we could see .04, .08, then .18 THIS YEAR. Maybe even sooner. The supply of MITX is fairly small so price is volatile. When it starts moving it moves fast.
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 .
MITX Finding A Bottom / Morpheus LabsNON FINANCIAL ADVICE.
With the spike in selling volume and then immediate buy volume I believe MITX is finally bottoming. The market cap seems to have taken a significant hit, while fundamentals are still strong. This leads me to believe that we should see a reversal and sentiment change soon.
MITX/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick MITX/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-MITX/USDT is bullish and buy CMP and Green zone downside brake and position close MACD is bullish
Entry:-CMP and BUY THE GREEN ZONE
Target:- 20% to 25%
Stop loss:- Green zone downside close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
MITXETH is BULLISH Not financial Advice. I traded 1 ethereum for MITX about a month ago. I think morpheus labs has a real product and existing customers. I like the chart and the scarce supply of the token. Other than that I am gambling with some lesser known coins like MITX. Although these are the ones that tend to surprise us the most.
I will take profit on MITXETH at the top horizontal line/ resistance.
MORE ABOUT MITX
morpheuslabs.io
coinmarketcap.com
