Mithril/Bitcoin (26 May) #MITH $MITH #BTC $BTC#BUY #WAIT
Current Price : 635
Buyzone : Buy as close to 615 as possible
Sellzone : 900-1150
Stoploss if price is lower than 580
Mithril
MITH broadening wedgenice profit opportunity if the broadening wedge will work.
under the trend line is stop level
An Elliott Waves count for MITH. Positive profitable.BINANCE:MITHBTC
MITH has just finished it's first impulse wave. He will have a correction here to Fib. 14.6% (606 sat) then enter the strongest impulse wave 3 to 1118 sat (Fib 61.8%).
Both stochastic and woodies cci point out a correction is on the way. On 4 hour chart the correction might not too big then MITH will come back to major trend after 1-2 days.
It's time to grab some MITH and wait for next target. The MITH moving prediction base on Elliott Waves theory and Fibbonacci retracement was drawn on the chart.
$MITH sitting at ATL BTC support around 780sats...$MITH sitting at ATL BTC support around 780sats...
Failling to hodl this level would make this asset to enter into a price discovery status where negative fib levels can help to identify potential supports...
I will update on the following days to see how this evolves..
#MITH
$MITH will be huge! MITH retouch weekly support @864 with hidden bullish divergence. It has a big support And create descending triangle. Now A great news is come & descending triangle breakout.
The News is #Binance Will Support the Mithril ($MITH) Mainnet Swap to Binance Chain.
$MITH / USDT watchy$MITH / USDT gonna get yummy if it breaks this level.
MITHRIL Scoring
Overall Score: 67.2%
Open communication channels: 100%
Team strength: 83%
Product strength: 80%
Coin strength: 86%
Brand awareness/Buzz: 50%
Advisory board strength: 75%
Activity on social media: 95%
Quick Research
Purpose: Mithril is a decentralized mobile game ad platform.
Mithril aims to dramatically improve ad efficiency by eliminating middlemen intervention and connecting gamers and gaming companies directly using verified gamer's blockchain data.
Product Status: Beta version
Consensus Method: Ethereum consensus (currently proof of work, will be proof of stake later on)
Emission rate: No new tokens created
TXN'p/s: 0
Abstract:
Mithril is a decentralized social media platform on the Ethereum Blockchain. Mithril will integrate into new and existing social media networks to reward content creators for contributions to the network - we call this Social Mining.
Mithril (MITH) will leverage blockchain technology to ensure that transactions are secure and safe for all participants. This technology revolves around decentralized data storage that can record transactions between parties in a efficient, trustless, and immutable manner.
MITH will launch as a utility token on Lit, an innovative social media platform that addresses the needs of this current generation of users. This younger generation of social media users seeks a platform that addresses both their needs as early crypto adopters as well as their evolving needs in social media. Features such as instant messaging, story feeds, and discovery of new friends are all built into Lit for launch. Lit will enable Social Mining of MITH to reward users for contributing their personal content to the network, and provide the Mithril Vault for its users to store, use, and exchange MITH for BTC and ETH. Lit will seamlessly integrate into into major social networks to help users more easily monetize their personal content.
MITH: No more support left for uptrendNever ever touch this coin. Its DNA is to just pump then dump slowly. Abandon all hope.
Bought: 1300
Sold: 1500
Bought back: 996
Cutloss: 950
$MITHBTC gonna create a symmetrical triangle, Ready to breakout.$MITHBTC gonna create a symmetrical triangle, Ready to breakout. And there has a good hidden bullish divergence.
MITHRIL Hammer is gonna beat Thor's Hammer this AprilThis price action lately could be a signal for the long awaited uptrend from it's 1 year history of downtrend.
For conservative trader, I suggest sell at 1800~2000
For risk takers,
First sell price would be at 2200~ sats
Second, 3000~ sats
Final stretch and if too confident, 4000~ sats
$MITH Another coin retesting ATL levels (potential double bottom$MITH Another coin retesting ATL levels (potential double bottom?)..
UCTS Buy signal on the 6H
Stoch RSI coming out from oversold levels
Bullish divergences can be spotted as price bounces
Volume is still low
Worth keeping an eye over next days.
#MITH
MITH/BTC THIRD WAVE BEGUN?Mithril has broken out of its downwards trend and retested looks good for its next wave up.
MITH trianglePrice did a nice breakout with good volume. Another retest opportunity for us. Low risk.
Under 1085 is stop level.
$MITH Can be next to start a leg up....
UCTS Buy signal on the daily
ADL showing bullish divergence
Stoch RSI coming from oversold levels
Volume starting to increase
Trigger can be breaking above EMA50/descending trendline.
Target on chart
#MITH
MITH trade ideaEQ of previous OB is in line with my retracement levels.
Big impulse move and is coming back now slowly.
Looking for at least swing high as target.
MITH taking a breather before its next move higher! MITH has been riding its 50MA after breaking above it back at the beginning of March but looks set for a pullback as BTC looks weak here.
Vault payment launch March 31st
Thanks guys!
Mith reversingNow previous resistance acts as support, pushing price higher or "bouncing" it in case of pullback. Main breakout is still ahead when price will get above ~1240 and 1300 levels. After 1300 highway to 1380-1400 as there is no volume left after the previous fall. So no resistance.
MITHRIL-MITH/BTC-SETUPMithril is a decentralized mobile game ad platform which aims to dramatically improve ad efficiency by eliminating middlemen intervention and connecting gamers and gaming companies directly using verified gamer's blockchain data.
There are upcoming catalyst(news) for the asset which are MCX atomic drops for MITH holders and Vault payment alpha and beta launch in Q1, 2019(end of march'2019).
It might affect its price so let's analyze the daily Timeframe chart of the pair to know levels to buy for upside potential.
MITH/BTC pair has been trending up since 25th February'2019 and have surged 50+% since then.
We can see the price reaching support level 0.00001100-0.000011051 satoshi where interested buyers can look for these levels to enter for safe entry.
If the 0.00001100-0.000011051 satoshi level is not held then one can look for buying around 0.0000914-0.0000966 satoshi level with a tight stop-loss.
Sellers can look for two potential resistance zone around 0.00001398-0.00001468 satoshi and 0.00001712-0.00001784 satoshi to book profits. Also STOCH-RSI indicator in the overbought zone and MACD is curving down showing signs for correction downside.
Caution: If the last line of support 0.0000865-0.0000840 satoshi level is broken then one should not hold the coin as it would be strongly bearish(sell signal) for the asset.
Volume increasing and gaining momentum after the breakout from t$MITH Volume increasing and gaining momentum after the breakout from the Descending channel.
Both MACD & RSI bullish. UCTS showing a buy signal.
Remember there is a airdrop and an incoming launch in #MITH during March.
Potential targets in the chart... Let it RUN!
Daily Bullish Signal $MITH #MITH #MITHBTC (9 March 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Mithril (MITH) BinanceNaked Chart, Fundamental fueled
MITH holders receive the number of MCX tokens equivalent to 10% of their MITH. on Mar 15th
Source: machix.com
4HR Bullish Setup on MITHBTC - Mithril I'm looking for a bullish bounce on MITHBTC as were back in the same price channel before it ripped up to 1315 from a low of 944.
We pulled back from 1315 and made a higher low at 946 so the bulls need to defend the 950 sat range in order to breakout of the downtrend.
Daily 50SMA - 1294 & Squeezing in on the price, short term targets of 1150 - 1300 - 1441 & 1712 <-- .386 fib retrace
As it sits around .038 cents it might be trading at a bargain so keep an eye out.
All in all I like Mithril's website and utilization of social mining, asset management and the merchant network.
PT .25 cents - $1 by 2020
mith.io
Social Mining is an all-new mining concept that Mithril has created with the intention to reward all content creators. On platforms that supports social mining, users can acquire MITH through producing and uploading content as well as interacting with other users.
Mithril aims to construct a comprehensive ecosystem that revolves around MITH. Users will be able to acquire MITH through social mining, manage their assets effortlessly and further spend MITH in various real-life scenarios.
Prices as of 2/19/19
coinmarketcap.com
Market Cap
$19,491,274 USD
4,924 BTC
133,049 ETH
Volume (24h)
$3,416,609 USD
863.05 BTC
23,322 ETH
Circulating Supply
506,881,576 MITH
Total Supply
1,000,000,000 MITH
Daily Chart with Fibonacci Retracements