Buying force is returning to MTH and we can expect a strong rally for MTH in the near future.
Investing in coins with only the BTC market is risky at this time, so we shouldn't invest too much money here.
MTH is a coin that often has flash pumps so we should sell when it's profitable and not buy when the price has pumped.
-Buy: 42-46sts. SL if...
VIDT has been disappointment these weeks since all alts have been booming. But not vidt. oversold 1h 4h 1d 1w. Most probable scenario is that it will bounce up from this levels. Long term hold recommended. Enjoy
SLP one of the lowest mc (if not even the lowest) coins on Binance, is still showing signs of strength. We are probably gonna fall on 1st resistance line and from then we can make another attempt to cross resistance line. Look at goals. This coin is probably gonna pump a lot in the future because of volatility.
Here we have Monetha (MTHBTC) printing a huge jump today... Please, allow me to show you something... They all do the same.
Let's see how this chart goes.
We have a low 5-Nov., I mentioned that altcoins vs bitcoin hit a low around this date, from the 3rd to the 6th November, most of them.
We get the first reversal and a bullish wave starts to form...
💎Technical Analysis Summary💎
-MTH broke its key level of support around the 50s sat
-If this daily candle closes red on engulfing momentum
-This is a strong Bearish signal and will lead to downward action
-The immediate support is located around the 44s sat area
-Let us see if the Bulls can defend the level of support
A big Thanks for...
-Monetha is likely confirming a Bearish double top pattern
-As the price, today is breaking local support area
-The key levels to be watching is around 74 sat range
-This is a confluence of major support area before
-Plus, the .618 Fib coincides around this region
-The chances we can see a bounce reaction is high
-But always follow basic reversal signs...
-this coin keeps respecting the 50D MA including the ascending trendline
-we can see a small descending trendline which as current resistance
-if this level can be broken and a good retest after
-that will be a good entry zone to Buy
-your target is up to 150 sat zone
-stoploss is placed under 50D MA
Apparently, for this asset, we have broken down a bullish channel, and we are currently accumulating after this break, my thought is that we can start a sideways movement for this asset in the coming days.
Only will look bullish above the 90 satoshis area.
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