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The MITH coin is traded on several major exchanges. It is suitable for work, though it has not very high liquidity of about $1 million per day.
The coin is a multiple of 1 Satosh, so it can be very strongly pamped, for work you can choose the exchange hitbtc, where a multiple order step.
On the weekly chart, the instrument is in a downward trend, a falling wedge that was broken through in June made 270% of profit, I have partially traded this upward trend.
At the moment, it is possible to form a double bottom pattern. From the signs of this scenario, you can see a reduced volume after the top, and attempts to reverse when testing the support zone 30-40, of course, ideally the second bottom should not be lower than the first, or higher, but options when the second bottom below the first also occur. To practice this pattern, you need to see an increased volume on growth, and a breakdown of the level 150, then the potential is 250% in the zone 280-300. With the development of an uptrend, the growth targets may be much higher than 500 and 700 Sat, but there must be market conditions for this, and I would leave on this potential no more than 20% of the position, the main position recorded when reaching the zone 250-280 Satoshas. This is a long-term work scenario for several months, I will write about short-term work in the next trading idea.
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The MITH coin is traded on several major exchanges. It is suitable for work, though it has not very high liquidity of about $1 million per day.
The coin is a multiple of 1 Satosh, so it can be very strongly pamped, for work you can choose the exchange hitbtc, where a multiple order step.
On the weekly chart, the instrument is in a downward trend, a falling wedge that was broken through in June made 270% of profit, I have partially traded this upward trend.
At the moment, it is possible to form a double bottom pattern. From the signs of this scenario, you can see a reduced volume after the top, and attempts to reverse when testing the support zone 30-40, of course, ideally the second bottom should not be lower than the first, or higher, but options when the second bottom below the first also occur. To practice this pattern, you need to see an increased volume on growth, and a breakdown of the level 150, then the potential is 250% in the zone 280-300. With the development of an uptrend, the growth targets may be much higher than 500 and 700 Sat, but there must be market conditions for this, and I would leave on this potential no more than 20% of the position, the main position recorded when reaching the zone 250-280 Satoshas. This is a long-term work scenario for several months, I will write about short-term work in the next trading idea.
If the information turned out to be useful to you, put up a liking and sign so that you don't miss anything.