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...
MTHBTC (Monetha) is also one of those that are already growing but it can still do more.
The long upper wick candle on 7-Nov. is the giveaway of what is likely to come.
Here this long upper wick means a strong rejection but it can tell us more.
The long upper wick removes all the resistance on these levels and what follows after a small consolidation is...
I shared this chart 2-Oct.
See it here:
We see prices moving straight up, as just my analysis predicted and the cup-pattern plus EMAs is what gave it away.
You can expect additional growth from this pair.
That's the update.
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Here MTH looking very bullish
Not financial adivce to buy (now can pullback easily) this coin literally was going up in a few minutes while typing this idea
As i mentioned yesterday about this old projects that have the potential to pump, i also mentioned this one
Today we have a nice buy signal
Mothenians get ready
This is the chart for Monetha (MTHBTC) and we have strong signals pointing to higher prices.
We have higher lows compared to the price action before March 2021.
We have its price trading above all EMAs (EMA10/21/50/100/200/300 and MA200).
We have very strong indicators such as MACD and RSI.
We have a rising channel.
Broken resistance... It goes on and...
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 🙏
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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...
It is almost on a good support level and has another support in the blue line that prevents further falls, has a good shopping opportunity and you can do it in two steps (make the first purchase at a lower point). Red line resistance
The 20Apr timeline can be the start of the climb
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