The Priceline of Mithril (MITH) has formed bullish Shark pattern and entered in potential reversal zone and ready for bullish divergence at any time.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of Mith price action's moves:
After inertial leg (X to A) the A...
MITH broke up from falling wedge on very good volume compared to previous candles, also basic MA's acting like a good support, They curving up, potential bullish cross coming. Yellow dotted lines can be good places to take profits.
Price action of Mithril / US Dollar has formed a bullish Shark and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00890 to 0.00852
Sell between: 0.00920 to 0.00992
Atif Akbar (moon333)
Trend line is broken and triangle pattern created.
According to the SMRT Volume indicator, the volume is high above the Como cloud but the price is still below the cloud and this indicates that the price will be pumping soon(As long as Bitcoin stays...
Look at this beauty which is getting ready to visit "the moon"
I found so many reasons to buy this one:
1. Most important, location. The location is very good vs risk reward, bottom of the range.
2. MACD divergence, price on the chart was going down but the MACD histogram is going up.
3. OBV ( on balance volume ) divergence which means that the money are going...
As we've seen that MITH had forming Falling wedge and Bullish Divergence, good volume, not pumped yet during this beggining everyone said "alt season".
Good place to buy is at Range Low : 0.00000151 Price
Good place to sell is at Mid and High Range : 0.00000165 - 0.00000187 Price
Good place to set stop loss is below the Range Low : 0.00000147 Price
Note : This...
we've been falling for about 14days, and we formed a beautiful falling wedge. the channel that is shown by yellow lines are getting narrower by the time we are talking.
we also have a situation in RSI, as you can see the RSI level is 30, so Mith has been over sold.
the RSI level is 30
I have 3 targets at 0.01734 and 0.01974 n the end ...
For all our great followers, readers and supporters... Here we are sharing a trade signal for Mithril on Binance, hoping you collect great profits.
Thanks a lot for the continued support.
PAIR: Mithril (MITHBTC)
BUY: 0.00000270 - 0.00000290
NEXT SUPPORT: 0.00000240 - 0.00000255
Trading Signal - BUY
My buy price - 705
My (Trailing) Profit Take - 746 (2% Deviation)
My Stop Loss - 675
For both my Profit / Stop I use a so called Trailing Profit Take or Trailing Stop Loss to Maximize my ROI!
This is made possible by 3Commas.io A very easy to use solution for automated trading.
If you want to contribute please use my referal link...
Few things that would make it possible for the MITHBTC to break out:
- Support curve line is going to its end (it's almost flat)
- All time resistant line is touched and ready to pass over
- Highest Daily volume observed
- New trend line is Bull