Self trading challenge: MTH/BTC 14K Monetha + Targets

I like this set up to trade as many opportunities as I can Monetha, At this moment my Buying power is 14k Coins, I want to grow this as much as I'm capable using my tradings skills. I will short by selling holding and buying it lower.

$BINANCE:MTHBTC

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During the night MTH has broken 1hr support, this does not bother me, this is due a correction after hitting resistance. We currently find our self in red 8 TD sequential, looks like the price wants to flip.

Indicators:
-Stoch RSI is turning bullish and it is in oversold zone.
-MCDA: Is shifiting to the upside
-SMII its about to test resistance.

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Falling Wedge

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Potential Break out

Bullish Hammer formed, trading above trendline, and EMAs

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It looks like the break out can sustain, however ill wait for 2 trading above green 1 to look for an entry.

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Indicator has spot a double bottom since then has been forming higher highs & lows, it also crossing to the upside.

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4hrs chart it also finishing the correction, TDS is a red bullish 8 Im expecting a red bullish 9 or 1 green 1. In the other hand, SRSI has turned bullish as well as SMII.

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MTh has been taking a correction during this week, actually we are in a bearish green 9 weekly. Moreover we are getting close to a major support line. Ill be watching how MTH react to it.

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Head and shoulder is the 5m chart

Since we are in a correction will taking profit as soon as we hit target

Order cancelled

vfxvictor

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by vfxvictor

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