another degen play ...
sorta tempted to throw some coin at this but already have enough degen exposure
this can just 2x overnight
assuming we close above 124ish the weekly stoch should turn up as well from the 50 level which usually gives a crazy pump .
if you can hold for a week hop on ..
remember corn is at a key level as always .
so caution !
MITH has had to attempts to break through this massively accumulated coin.
3D time frame has held nicely as you can see the GREEN level of support going through the mid range.
The Weekly is showing areas of attack on the Resistance red bar.
Tapped al in all 3 times plus change + a general uptrend still intact.
I am targeting initially 455 SATS with weekly...
MITH on the BTC pair could indicate a big breakout is coming next hours. Volume is coming in slowly while the price is in the apex of the triangle.Also EMA structure (21, 55 and the 200 EMA) could indicate a bounce.
Keep an eye on MITH! Remember, cryptoeconomy is driven bij volume not by fundamentals.
These charts are the ones that are already moving, we are looking at "proof" that the altcoins are preparing for massive growth.
MITHBTC (Mithril) did an amazing 340% in just a few days.
This action will continue to repeat pair after pair.
The way to benefit from this is by looking at the Altcoins BEFORE they move up.
Buy and hold and then patience pays up.
This is a weekly chart. But if you open the daily MITH chart. You can see that MITH have been in a long downtrend/accumulation period. And have now finaly broken out of the trendline resistance.
Keep an eye on MITH here. I expect a huge parabolic move after breaking the above resistance.
My charts are never a financial advice.
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...
- MITH/BTC was bounded in a descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: Breakout above the horizontal resistance level (@0.00000140).
- Limit entry: Retest of the descending triangle's...
Hey dear friends, hope you are well, and welcome to the new update on the Mithril (MITH) token.
Previously we had a nice trade of MITH token.
Now on the daily time frame chart, the price action of MITH is very close to complete the final leg of bullish Cypher.
Buy and sell targets:
Buy between: 0.00000137 to 0.00000113 btc
Sell between: 0.00000156 to...