MTH broke out of the falling wedge.
It retraced all the way back to 78,6 fib
I got in when the 4H RSI was oversold.
If you want to jump in there are 2 options:
- 4H RSI is overbought now so it could retrace back to 0,0000117 - 0,0000112
Stop loss at 0,00001024; because if it goes lower than this it means the ABC correction is not finished yet
- stop-limit buy at...
1H MACD Crossover
2H, 3H, 4H not bullish. 1D MACD still bullish
1H ADX is weak meaning that the downtrend was not strong.
The DMI shows a crossover, meaning there is a BUY
Needs more volume, fairly low at the moment
RSI Analysis: Each time the 1H RSI touches the RSI trend line it shoots up 30% within few hours.
Furthermore: Orion will be released today or...
