MITHBTC [TRADE IDEAS]MITHBTC
Daily:
-Near golden cross 50/200
-Still expecting some pullbacks above 50EMA
-The deciding point will be 95-100 sats
-Still have time to buy now or wait for pullbacks
NOTE: I will be updating this after few days so trade ideas for now
Mithril
MITHBTC | S/R Flip | Trend Reversal | Inverse Head and ShouldersToday analysis – MITHBTC – Forming a higher low, consolidating above daily support validating a long trade to technical targets above.
Points to consider:
- S/R flip Retest (trend reversal)
- 100 EMA (support confluence)
- Inverse head and shoulders
- Low volume
- Oscillators neutral
MITHBTC trading in a healthy uptrend forming a lower high with a valid S/R flip retest of daily support, establishing a bullish bias with signs of a macro trend reversal.
Price breaking above and respecting the 100 EMA allows for an additional layer of support. Holding above the MA is bullish, supporting the bias for a trend continuation.
A valid inverse head and shoulders (bullish trend reversal pattern) is also in play as price holds above the neckline coinciding with daily support.
Volume has tapered off and trading below average, an influx is essential as price gravitates towards daily support to avoid any false breaks and restore strength in the anticipated trend continuation.
Both, RSI and Stochastics are testing the 50 levels as volatility contracts. Although further price action will allow for directional bias, it is essential oscillators hold above 50 to maintain a bullish bias.
Overall, In my opinion, a long trade is validated as MITH retraces to daily support with technical targets above - defining risk (SL) at the previous swing low.
If you’ve read this far - thank you for following my work!
And as always,
Focus on you, and the money will too!
Mithril Strong Breakout w/ High Volume (80%+ Target)MITHBTC (Mithril) conquered EMA10 yesterday putting the bulls (green) in control.
Today, we have a very strong high volume breakout and the chart is now signaling that there is more to come.
We've marked the next target on the chart at MA200 for 84%+.
If prices drop for MITHBTC, a weekly close below 0.00000046 can be used as a stop-loss.
This is not financial advice.
THANKS A LOT FOR YOUR SUPPORT.
Namaste.
MITH/BTCVolumes on the bottom.
Formed the bottom as a rectangle.
The first impulse should be good to book fast profit. After the correction is done then buy again
MITH READY TO MOVE UPSIDE UPTO 50% EXPECTED MITH IS ALMOST AT ALL TIME LOW RIGHT NOW
GOOD BUY OPPORTUNITY WE HAVE BUY AND HOLD FOR 10_20_50% RETURNS
REASON :- MACD BULLISH ,RSI BULLISH DIVERGENCE ,ALL TIME LOW
NEWS :- In Q1 2020, MITH will announce a new Merchant Network partner in the entertainment space (31TH MARCH OR BEFORE)
BUY BETWEEN 75-78
TARGET 1 :- 84
TARGET 2:- 92
TARGET 3:- 105
STOP LOSS 67 BELOW
GOOD LUCK
MITHBTC: Some potential hereThis one has huge upside potential if you zoom out. For the time being, looking for a flip of the current resistance into support and have marked out some areas of interest should that happen.
MITHUSDT formed bullish Shark | Upto 19% move expectedThe Priceline of Mithril (MITH) has formed bullish Shark pattern and entered in potential reversal zone and ready for bullish divergence at any time.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of Mith price action's moves:
After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection (here i have ignored the extra spike) and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $0.00776 to $0.00742
Sell between: $0.00813 to $0.00888
So this trade has potential to produce upto 19% gains.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
MITH/BTC Bullish volume attachedMITH broke up from falling wedge on very good volume compared to previous candles, also basic MA's acting like a good support, They curving up, potential bullish cross coming. Yellow dotted lines can be good places to take profits.
MITHUSDT formed bullish Gartley | Upto 16% bullish movePrice action of Mithril / US Dollar has formed a bullish Shark and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00890 to 0.00852
Sell between: 0.00920 to 0.00992
Regards,
Atif Akbar (moon333)
MITHBTC 4HMithril; gartley pattern's d leg, big H&S and breakout.. the possibility of seems like bullish trend, break a leg!
MITHBTC 74% - 1435% !!!!Hello gyus
Trend line is broken and triangle pattern created.
According to the SMRT Volume indicator, the volume is high above the Como cloud but the price is still below the cloud and this indicates that the price will be pumping soon(As long as Bitcoin stays stable).
tragets:
1)0.00000279(74%)
2)0.00000505(221%)
3)0.00000857(438%)
4)0.00001206(663%)
5)0.00001638(941%)
6)0.00002086(1214%)
7)0.00002594(1435%)
Stop:0.00000105
Good luck
Mith $MITH #MITHVery soon big breakout 15% to 50% profit MITH/BTC
#Buy == 150 -- 151
#Sell== 165--200
#SELL== 300
#Stop loos == 144
MITHBTC - Falling Wedge and Bullish DivergenceAs we've seen that MITH had forming Falling wedge and Bullish Divergence, good volume, not pumped yet during this beggining everyone said "alt season".
Good place to buy is at Range Low : 0.00000151 Price
Good place to sell is at Mid and High Range : 0.00000165 - 0.00000187 Price
Good place to set stop loss is below the Range Low : 0.00000147 Price
Note : This is my personal opinion and it must not be taken as financial advice or guidance to base your actions. It is necessary for you to perform your own research or analysis before you do anything with your money, Thank you for reading.
Mith Bullish sign!!!falling wedgeBINANCE:MITHUSDT
we've been falling for about 14days, and we formed a beautiful falling wedge. the channel that is shown by yellow lines are getting narrower by the time we are talking.
we also have a situation in RSI, as you can see the RSI level is 30, so Mith has been over sold.
the RSI level is 30
I have 3 targets at 0.01734 and 0.01974 n the end 0.02312
recommending You to buy at 0.01470
like this post if you liked the analysis
TO THE ONES WHO ARE INTERESTED IN ALTCOINSBINANCE:MITHUSDT
TO THE ONES WHO ARE INTERESTED IN ALTCOINS. MITHRIL LOOKS GOOD FOR LONG.
PRICE IS REASONABLE.
[MITHBTC](284%) Mithril Crypto Signal, Up to 785% PProfitsFor all our great followers, readers and supporters... Here we are sharing a trade signal for Mithril on Binance, hoping you collect great profits.
Thanks a lot for the continued support.
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PAIR: Mithril (MITHBTC)
BUY: 0.00000270 - 0.00000290
NEXT SUPPORT: 0.00000240 - 0.00000255
TARGET:
(1) 0.00000380
(2) 0.00000450
(3) 0.00000575
(4) 0.00000665
(5) 0.00000785
(6) 0.00000905
(7) 0.00000990
(8) 0.00001115
PROFITS POTENTIAL: 284% (Up to 785%)
(Buy calculated at 0.00000290)
STOP: Close weekly below 0.00000210.
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This is not financial advice.
All information is shared for learning purposes only.
Namaste.
Mithril/Bitcoin (July 29) #MITH $MITH #BTC $BTCMITH still have a good future but now, I think it will come back to 245 to form a Double Bottom
Accumulate : 245-250
Sell : 320
Long Hold : 1150
Stop : 240
MITH survive the BTC Bulls nicely! Morning Setup for atleast 6%Trading Signal - BUY
My buy price - 705
My (Trailing) Profit Take - 746 (2% Deviation)
My Stop Loss - 675
For both my Profit / Stop I use a so called Trailing Profit Take or Trailing Stop Loss to Maximize my ROI!
This is made possible by 3Commas.io A very easy to use solution for automated trading.
If you want to contribute please use my referal link 3commas.io
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When you do, I'am always available for questions!
Take a look at My Twitter and follow for direct notifications of new signals!
MITHBTC - Mithril vs Bitcoin: Break point soon!Few things that would make it possible for the MITHBTC to break out:
- Support curve line is going to its end (it's almost flat)
- All time resistant line is touched and ready to pass over
- Highest Daily volume observed
- New trend line is Bull
:)