MITX ABOUT TO BREAKOUT, 2-8x gainsTHIS 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 .
Morpheus
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.
Morpheus Network rejects from channel bottom 2X expectedHi,
Short update as we have a 2X potential on MRPH vs ETH on Uniswap. Looks like pretty strong rejection on the bottom of the channel.
If we retest the channel top, it will be an opportunity to double your ETH
See chart.
Close under the channel would negate this hypothesis.
dyor
Morpheus breakout from the Weekly downtrendThe green line is the downtrend line coming based of the Weekly chart (from ATH).
This is broken now.
If it now bounces off it and turns that into suport, it would provide a wonderful buy opportunity and a nice run to the upside.
Watch that level and decide based on price action.
Good luck
MRPH Squeezed between 200MAsThis could go either way but look how it gets squeezed and compressed between the 200MAs (red / green) on the daily chart.
And they get narrower and narrower as the pressure is building up.
Lets see where this goes.
Morpheus has broken the downtrend line MRPH has broken the downtrend line and confirmed it as support multiple times on the 4H timeframe.
check on coinmarketcap, its around rank 500 with Market Cap of $35,794,198, it should not take much volume to make Morpheus Network Moon
medium.com
MRPH has completed the correction MASSIVE move incomingJust look at text book bottoming pattern its printing.
If we have alts increase this summer, a small coin like Morpheus Network will explode al least to ATH.
Morpheus labs going strong!No clear chart on tradingview, only coinmarketcap because HitBTC has a very illiquid market. However first target is 4200 sats and then higher. I think there is room to the upside here as this has going sideways for quite some time vs BTC. It's time!!!
Retracement from previous ATH seems to be ending... reversal incRetracement from previous ATH seems to be ending and we are searching for some higher lows, the possibility of a ascending triangle to setup concluded with a breakout near 0.00366 Gwei is in the cards. Upcomming announcement's we waiting for are: TradeKO (Coca Cola Femsa), Sobeys inc. (Canadian grocery), Senasa Spain (Agriculture)
Morpheus Network bull channel just bounced againIf MRPH can keep this channel (just bounced from lower boundry) we will have 1 MRPH = 0.0045 ETH pretty soon (top of channel)
have fun
("I") Morpheus.Network Results (267% In...) For this altcoin pair, MRPHBTC, the action is already "in"...
On the 30-March we shared the following chart:
This one was very easy to read and the results are amazing... To me.
Well, target perfectly hit... More opportunities are always being made available to us when we try, when we dedicate ourselves, when we really want, when we persist.
As long as you are trying and open to learning and growing and you will always win.
The only way to lose is when one quits.
Wishing you a great Saturday.
Wishing you great success, cash, love, happiness, health, and lots of profits.
Namaste.
Morpheus.Network Falling Wedge BreakoutMorpheus.Network (MRPHBTC) just broke out of a falling wedge, this can lead to nice gains.
On the chart above you can find our "main target", with over 80% of potential profits.
The stop-loss is also marked.
You can always set your own stop-loss based on your risk tolerance.
Namaste.
