MITH IS ALMOST AT ALL TIME LOW RIGHT NOW
GOOD BUY OPPORTUNITY WE HAVE BUY AND HOLD FOR 10_20_50% RETURNS
REASON :- MACD BULLISH ,RSI BULLISH DIVERGENCE ,ALL TIME LOW
NEWS :- In Q1 2020, MITH will announce a new Merchant Network partner in the entertainment space (31TH MARCH OR BEFORE)
BUY BETWEEN 75-78
TARGET 1 :- 84
TARGET 2:- 92
TARGET 3:- 105
STOP LOSS 67...
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...
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
Regards,
Atif Akbar (moon333)
