Mercury Breaks Is Downtrend with Force (Grows 150%)

Mercury (MERBTC) broke its downtrend with massive force printing its biggest volume bar since December 2017...

We are looking at the chart for Mercury (MERBTC) on Bittrex and we spot the following signals:

• Massive volume breakout as mentioned above.
  
• Downtrend was broken.
  
• Trading above EMA50 (daily candle needs to close for confirmation).
  
• Bullish divergence, MACD & RSI.
  

Mercury can go even higher.

Looking at the chart above, we can see another 100% profits to be collected, from current prices, and even more in the long term.

If you decide to trade, make sure to have a plan before jumping in and always use a stop-loss.

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הערה:

Long-term (Weekly) chart: