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.
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- 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...
BINANCE:MITHBTC Looks ready to go, after big ABC correction, with higher low formed.
Expecting new impulsive move up.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational...
MITH has lots of room to grow. When the price breaks above this triangle, MITH should really skyrocket, like XVG in 2017.
The pattern becomes clearer and clearer, there is really a big opportunity here.