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
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...
Having a stab at the bottom here on $MITH only taking a small position and willing to add as it goes higher if this is the bottom close above above previous support would give me more confidence on this position.
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
Comment what you think about that.
An RSI move from 10 to 30 made MITH/BTC pop in December. The RSI has worked its way up and retested the bottom range of the RSI. I think another small pump on the RSI could turn into a 3x in a hurry.
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
BLUE ARROW indicates the EXPECTED Time and Targets Level Stoploss point up gradually to maximize profit and reduce risk