ZOGRAS

Analytics MTH/BTC

BINANCE:MTHBTC   Monetha / Bitcoin
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.
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