Long

Monetha Support Holds, Can Do 200%+ Above MA200 (+Trading Tips)

By AlanSantana
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 came... No big deal, we simply sit back and we wait.

Now, prices stopped dropping at the MA200 support.

Above this line, and a higher low, MTHBTC can resume its growth.
We have 200% potential...


This is not financial advice.
Remember to build/have a plan BEFORE buying/trading.

Thanks a lot for your support.

P.S. Remember to always use a stop-loss, the chart signals can always change.

Namaste.
ALANaltcoinsBeyond Technical AnalysisbinancecryptoCryptocurrencyTechnical IndicatorsmonethaMTHMTHBTCTrend Analysis
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