Mainframe/Bitcoin (13 May) #MFT $MFT #BTC $BTC
MFT is moving in the Falling Wedge formation combining Wolfe waves, this is a bullish formation and we can expect the target to 60-62 within 1 week. However, according to me, MFT is not in safe price range for holding long-term. Because MFT owes us 1 leg in 40-45 zone.
I suggest to buy at 49-50 range and sell around 60-62. Then set alarm at 40-45 zone and buy for holding long-term
Stoploss if price falls off the big Falling Wedge fomation, is below 40
https://www.tradingview.com/chart/MFTBTC/EY2bkahA-Mainframe-Bitcoin-13-May-MFT-MFT-BTC-BTC/
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