MITHUSDT forming BAT | Upto 49% move expectedOn the 4-hr chart, the price action of the Mithril (MITH) token is completing the final leg of bullish BAT and soon it will be entered in the potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of BAT pattern should be:
Potential reversal or buying zone: $0.01232 to $0.01151
Fibonacci projection or sell zone: $0.01427 to $0.01722
Stop Loss:
The potential reversal zone area that is up to $0.01151 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 49% and as per the above-mentioned stop loss, the loss possibility is 7%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
MITHUSDT
✳️Mithril/USDT (9/11) #MITH $MITHMITH is continuously rejected in the 0.0055-0.00575$ zone, so it is heading to the 0.004$ zone and it is likely to continue to break deeper into the 0.003$ zone.
The 0.005-0.00575$ zone is the biggest resistance zone for now. If MITH closes a 1D candle above this zone, it can pump up to the 0.0075-0.008$ zone
📈BUY- LONG
- Buy: 0.00375-0.004$, stoploss if B
- Buy: 0.003-0.00325$, stoploss if B
📉SELL-SHORT
- Sell close to 0.0055-0.00575$, stoploss if A
- Sell: 0.00375-0.004$ if B, stoploss if A
♻️BACK-UP
- Buy: 0.0055-0.00575$ if A, stoploss if B
- Sell: 0.0075-0.008$ if B, stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
MITHUSDT Analysis Engineering Robo and I are currently bearish about MITH.
No trades recomended at the moment, unless selling to reduce loss.
If you are interested in buying MITH your options are:
- Buy at the support level 0.0033
- Buy with EngineeringRobo Buy signals
At whatever level you decide to by, remember to watch for EngineeringRobo Sell signals carefully! If you want to use EngineeringRobo, DM me!
MITHUSDT ANALYSISBuy this coin when the resistance line ($ 0,00642) turns to support line or
Try to catch EngineeringRobo ' s buy signal after buying this coin watch carefully EngineeringRobo ' s sell signal
It goes not good so far because of that it is not good idea to hold this coin at the moment
Have a good trade If you want to use EngineeringRobo please dm me.
MITHUSDT AnalysisSince there are 3 SELL signals present, I'm BEARISH.
At this moment, I don't recommend you to buy.
If you want to buy, you can wait for EngineeringRobo's sell signals to be present,
You can buy if candles will touch the support line (0.0058),
You can buy when candles open-close above the up-trend line,
You can wait for candles to open-close above resistance level (0.012) for 1D to buy.
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
MITH/BTC (Testing 200D MA Dynamic Support)BINANCE: MITHBTC
-Mithril is now testing the 200D MA dynamic support
-And the previous resistance zone which has the chance of flipping into support
-If this area of confluence will hold for the next few days
-There is a chance to test the trendline resistance above at 80-85 sat range
-Bearish side, a candle body close below this green support
-Will send the price lower down to 56-50 sat area
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
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mith/usdt25/08/20 - 1399/06/04
bearish fibo 786
breaking trend line
buy :950 - sell :1370
breaking ma20 and ma200 is the start point of bullish trend
MITHUSDT analysisSell2 and bear indicate we should not buy . Here is my analysis:
1. We can buy when risk/reward ratio is less than 2, we should not buy
2. We can buy at support = 0.0033usdt.
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.013usdt
We can use buy 2, bull and green robo signal for buy decision. We must also buy is risk/reward ratio is greater than 2.
Bullish Divergence in MITH BTC Mithril mithbtc mithusd mithusdtBullish Divergence in MITH BTC Mithril mithbtc mithusd mithusdt
MITH/USDT will continue to fall so you can jump?MITH/USDT will continue to fall so you can jump into the clouds.
The entire description is in the chart.
Thanks
MITH/BTC (Bullish breakout: over 40% profit target)MITH/BTC
-a bullish breakout of local resistance
-new potential support for Long entries
-RSI condition level is above 50
-good potential upside target up to 77 sats
-stoploss below 49 sats
MITH/BTC Daily ChartDaily Chart on Mithril looks interesting down here as the 200SMA is squeezing in on the price. Mithril has really has taken a beating. Watching for a spike in price as altseason seems to be underway.
mith.io
coinmarketcap.com
Market Cap
$5,266,878 USD
626.56597407 BTC
32,315 ETH
Volume (24h)
$477,240 USD
56.77408319 BTC
2,928 ETH
Circulating Supply
721,000,000 MITH
Total Supply
1,000,000,000 MITH
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)
Mith $MITH #MITHVery soon big breakout 15% to 50% profit MITH/BTC
#Buy == 150 -- 151
#Sell== 165--200
#SELL== 300
#Stop loos == 144
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.
