Panjang
Monetha VS Bitcoin Could Go x3
Monetha has found the support at 76.4% Fibonacci retracement level which has been rejected multiple times. And this week price managed to break above the downtrend trendline as well as 2/1 Gann Fan trendline.
This could result in the beginning of a correctional move upwards or perhaps a long term uptrend. The upside target is seen at 23.6% Fibs that is 3460 satoshis. When/if this target is reached, Monetha should be worth 3 times more against the Bitcoin.
On a downside, if MTH/BTC will break and close below 1000 satoshis psychological support, the consolidation could extend further, potentially sending price slightly lower.
This could result in the beginning of a correctional move upwards or perhaps a long term uptrend. The upside target is seen at 23.6% Fibs that is 3460 satoshis. When/if this target is reached, Monetha should be worth 3 times more against the Bitcoin.
On a downside, if MTH/BTC will break and close below 1000 satoshis psychological support, the consolidation could extend further, potentially sending price slightly lower.
Nota
Second target 6k satoshis
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.