Mithril 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...
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
Looks like MITH/BTC is consolidating here nicely on top of support. Im expecting it to retest the last high and then move up to retest the 1.27 fib extension area with another horizontal resistance at the same area....1410-1415 satoshi range. This chart is a 30 minute chart so I do expect this to be a little slower of a play maybe over the next 24-48hrs
as you see on the chart RSI is even so closer to 0 level. Personally I have no hope about this coin but as technically they can bring the RSI over 30 level in to the long term channel line, which means price can climb up around 1200-1350-1400 level but on the long term bearish trend is still active till they decided strong reversal action
except sudden picks Mithril continues downtrend nonstop. Next target is somewhere around 1350 satoshi. Till it goes above 2000 satoshi level we cant expect any trend changing on it
This coin called MITH is at it's last support. If it doesn't bounce from here it is probably going to go to 0 (zero). Entry is around 1600. Stop loss under 1575. Risk/reward ratio is best at this point. If it bounces and holds next level it would probably go back to new ATH for the next crypto HODL run. That means nice gains. Go for it.
Will MITH return to its normal stable price before the binance listing? I think yes, Bullish Divergence is present and an RSI triangle breakout is occuring by now. Sell target is at the range of 4000+ sats