Keep an eye on Motus, After reversing off S1 weekly pivot as well as the 200wma, chances are good for a range trade back to the top of the box between R105-R108. Entries between R87-R92 (closer to R87 the better), Stop loss a move under R82, with targets at R105-R108. If you manage to enter around R88 thats a R6 risk for a potential move of R17 to R20 to target,...
Premature W Formation has formed on Motus. Right now it's battling between the sideways formation along with the resistance being the top of the trend line and the boss 200MA... Once it breaks above there, it will test the neckline. If it tackles through the neckline, only then will it look good enough for upside to come. But first, we need to wait for...
Entry: when price clears 130.69 Volume: with daily volume greater than 594k Target: 140 area Stop: Depending on your risk tolerance; 127.59 gets you 3/1 Risk/Reward. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
MTH weekly chart looking extremely bullish so far with a bull flag breakout and next leg up continuation implying a move to 1st target - 130 2nd target - 145 depending on breakout out to ATH and 124 zone resistance
An example of an ascending triangle Break should ensue out of the triangle on this weekly timeframe
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,...
Many Altcoins are looking bullish right now and growing fast, within days, in two and three digits. Here is Monetha (MTHBTC) already above all the local resistance we normally take into consideration. There can be a bullish continuation and prices grow in the range of 67% and 98%, or more. We don't buy here. We don't trade here. We buy when prices are low/near...
Looking very young for those who want to catch it early. Now is the time before it moons. Remember to Like and follow for more breakout ideas
YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can...
Hi followers, MTHBTC showing signs of possibility to break uo and renew the up trend. After long tyime of sideways consolidation, the pair forming higher low and preparing to break the upper area of the consolidation range. Don't forget to manage your risk! 👌 Good luck and trade with care 🙏 If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉...
First cup and handle pattern I have drawn out. Would love some feedback. The setup looks great plus MTH is a great value buy with a DCF fair value of $202. I think it can hit at least 140 in the coming weeks with a lower estimate of about 120 if the handle retraces 2/3 of its advancement.
The black line on this chart is for the MA200 indicator... This is a strong indicator for the altcoins market. When a pair, like MTHBTC, is trading above this line, we are strongly bullish . When below this line we go bearish . We focus mainly on the daily (D) timeframe. We had really good bullish action from January until April and then the correction...
Hi all, Looks like the big correction is over, after completion of 3 waves, we are maybe ready to start new impulsive move up.
shark harmonic pattern: AB=0.38 XA BC=1.6 AB tp1=0.88 XA=$0.43 tp2=1.6 BC=$0.61 tp3=1.13 XA=$1.1 tp4=2.24 BC=$4.7
best buy point=0.00000087 sl =0.0000008 sell point 1=0.00000191 sell point 2=0.00000242
MTH Re-entry last post I did projected monetha to hit its .10 cent target and it did end up hitting it. New target at 11-12 cents and settling around 9-10 cents. Still on uptrend pattern and went bellow for a little but bounced of the uptrend