Description
⋅ Here we have Monetha (MTHBTC) which clearly formed a low last week.
We can see a very strong reversal candle in the form of a Doji on the 25-Jan.
We can clearly see a "V bottom" pattern marked on the chart.
The black line on the chart stands for MA200 and MTHBTC is trading above it.
Closing above this level today would send out a strong bullish signal, especially since we have the MACD and RSI entering the bullish/strong zone.
This is only getting started.
We are bullish above EMA10 (0.00000054).
Bearish below.
Namaste.