MITH returned to the trend line, tried to break it several times, got tired and went up.
Now we see a promising bullish triangle.
Where to buy? Depends on your strategy. Maybe MITH will fall to 0.141 - 0.144. Maybe it won't get there, rebounding from 0.147 - 0.15.
There is also some resistance at 0.155.
I would like to see a third touch of the trend line in the area marked by the green line.
Disclamer: I'm sharing my thoughts and not giving financial advice. All decisions are your own and you are responsible for them.
Have a plan for the situation if something doesn't go your way.
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Now we see a promising bullish triangle.
Where to buy? Depends on your strategy. Maybe MITH will fall to 0.141 - 0.144. Maybe it won't get there, rebounding from 0.147 - 0.15.
There is also some resistance at 0.155.
I would like to see a third touch of the trend line in the area marked by the green line.
Disclamer: I'm sharing my thoughts and not giving financial advice. All decisions are your own and you are responsible for them.
Have a plan for the situation if something doesn't go your way.
------------------------------------------------------------------
>>> press "like" for ideas updates
>>> follow me for more ideas
Trade closed manually:
MITH needs to gain strength. Right now it's following the bitcoin. Good if MITH finds a new momentum soon.Otherwise I do not exclude the retest of 0.96.
A good entry point for those willing to take a risk. It's good because a stop loss can be placed very close to the entry.