ZOGRAS

Analytics MTH/BTC

BINANCE:MTHBTC   None
Monetha is a payment platform with a user’s rating system. The historical minimum of the asset is 0.00000103. The current minimum was formed at 0.00000266, and the rate quickly rebounded from it. The token reacts poorly to a BTC fall, but it follows the whole market move.
In September the turnover increased strongly, reached 2500 times. Stop-losses for intraday trading do not work, because movements can be 15-20%. However, should set a stop in % of the asset’s deposit, when opening short positions, according to the rule of risk management. The coin has rather low liquidity, should follow this indicator when opening positions.
A good entry point is within 0.00000380-0.00000450 for long-term trading. It’s hard to intraday trade due to the high volatility and low liquidity.
The token has a good growth potential, about 450%. In early 2019, the release of the full version of the platform is expected, which may give an additional boost to the top.

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.