Updated
MFT in the Frame
MainFrame is a new coin with no history but for now we can watch the price progression thru the fibs and Gann fib rays - I'm normally purely mercenary on my trades but this time I actually like the project, they are all about encryption and identity protection - Anything that prevents government agencies and corporations from hijacking our private information will get my vote - Plus 'they have a great team' ...argh i hate people who say that, but this time they actually do...check out their website
Note
MFT is holding the uptrend of the 8x1 and moving up steadily Note
Nice move up - Hopefully the price can hold the 38.20% fib, failing that I expect it will hold the 23.60% Note
Currently I'm seeing the top of this movement around 370 satoshis - MFT may well go a lot further in the future though Note
An extreme of 400 is also possible Note
Mft has hit the 100% fib and the 5th arc, retracement to around 333 satoshis is likely - Top of the Gann chart is 400, top of the fib ray chart is 440, we'll see what happens at 400 Note
Mft has recovered support after being panic sold :P This level needs to hold for the next leg up to happen Note
Consolidated now for the next leg up - On this chart the top would be the 161.80% fib at 440 satoshis, I have another chart which shows closer to 400 satoshis, we will see <><> Note
Mft got hijacked at speed, the MA crossed and then within minutes huge sells tore the price down - Back on the 8x1 
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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.