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Mithril

MITH-BTC Long Trade PlanCommodity : MITHRIL Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-2 weeks Investment in trade : 10% of the total Trading Balance. Prospective Profit : 7% to 22% Prospective Loss : 3% RRR : SL to TP1 is 2.03, SL to TP2 is 3.11, SL to TP3 is 4.05 and SL to TP4 is 5.71 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
MLong
by CryptoTherapist
Mithril Early Wake Up Call - Multiple Time Frames (50%-230%+ PP)Mithril (MITHBTC) is giving out some "early wake-up signals". We are going to be looking at two different time frames for this pair. Let's start with the 4H TF: First we can see a huge increase in volume on this chart. The big volume is being used to break above resistance. The first try failed on 8th February. MITHBTC was trying to break above EMA50 (magenta line). The second try was successful, and you can see a high volume breakout above EMA50. This is our first confirmed bullish signal on this time frame. The RSI is bullish. And the MACD has entered the bullish zone as well. Short term retrace can be followed by strong bullish action. We continue with the daily time frame (1D TF): Here we can see that MITHBTC is challenging EMA10 (green line). Volume starting to build up. Still low but above average. RSI coming out of oversold and trending up. MACD Bullish crossover. For these signals to develop fully, the bulls need to follow up as these are early signals. Conditions for change: If MITHBTC moves down and closes below 0.00000944 on the daily time frame, the above signals are invalidated and a new analysis is needed. All details can be seen on the chart. Target and stop loss. Remember to hit LIKE. Thanks a lot for reading. Namaste.
M
by AlanSantana
5
Opportunity to make 50 % on MITHAfter a long time, we are publishing a new graph as the cryptocurrency market has been very bearish. Bitcoin seems to be a bit more stable than before as the volume has been decreasing after the "huge" dump. A lot of coins are pumping right now and we feel that the bears start to weaken which is the best sign for trading. One of the coin that has not pumped yet is MITH. In graph, you can see a falling wedge. It has been falling since added on Binance. On other platforms, it is 96 % down from its ATH (USD value). You have 2 choices as there is no support: 1) Buy it now and you need to hope that some traders will pump or 2) Buy it at the end of the falling wedge . If you wait, there is a chance that someone will pump it so the best is probably to set a stop-limit buy as there is no longer support. Our target is 0,00002200.
MLong
by exclusive_signals
2
MITH MITHRIL is about to give massive gain of 30-50% very soon#MITH is holding its position around its all time now.There is high chance for its breakout, that would end its downtrend.Last time it showed a rally of 20-25% when RSI moved to 36. currently RSI is playing around 30-33,everytime it touched 35, rally is expected. ADX +DI is around 16 close to -DI,cross over can be instant. MACD is bullish. We are yet to see rally in 2019, and if this breakout happens we can easily see massive gain of atleast 30-50% in a matter of days. #MITH Mithril MIGHT BE A HIGH RETURN CALL CALL TYPE : INSTANT PROFIT + #SHORT TERM CALL EXCHANGE : BINANCE #MITHBTC ALWAYS HOLD FOR 2ND AND 3RD WAVE TOO COIN : #MITH/BTC Buy AROUND : 1420-1480 ⏬ TARGETS ⏬ Target 1 : 1550 Target 2 : 1652 Target 3 : 1752 Target 4 : 1949++ StopLoss : 1370 OR HODL OR LADDER POSITION WITH FURTHER -5% STOP-LOSS FREE CRYPTO TRADING CALLS ON Telegram t.me
MLong
by open4profit
2
MITH/KRW Big upside potential.Looks like Mithril is moving back into bullish mode breaking the mid term resistance and setting higher highs and lower lows in the short term. Drew a coupe line to illustrate what I believe is called a rising wedge. I'm new to this so any help is appreciated. I entered Mithril back when it listed on Bithumb around April 16th, price in USD was $0.67. Rode the bull trend up and sold after the first correction down to the $1 area and after the subsequent relief push back up. All in all made about 80% return on the trade. After price created it's new bottom around $0.50 and getting a pretty strong rejection decided it was a good time to get back in. Entering into the trade today at around $0.59. As far as psychologically influences, the company is strong and is currently accepted in a brick and mortar chain in South Korea, they have a live app called "Lit" which is basically a S Korean Snapchat, I use it daily because that's how new coins are mined. Their way of mining is through a process they coined as "Social Mining". Basically the more you post and the more likes you get the more mithril you get. I believe this mechanic is pretty ingenious because the more people use, it the more they make, and the more people that know about it. Add to the fact that anyone can use it to buy real tangible things already, albeit in a limited capacity. But considering it just hit exchanges in March, id say the growth potential here is pretty significant. And I imagine this next wave will be one for the books. Any criticism is appreciated, thanks.
MLong
by Silvertoe
3