SUMMARY
Price action is the most earliest reflection of sentiment and is more upstream than news or events. That's why these news ore events always arrive later to justify the forecast.
Mithril (MITH/BTC) is a very young coin but as you can see in below chart, the fractals are quite uncanny! The blue box shows a bull flag from which price vertically surged. The white box also contains a fractal of the first and price is just breaking out! What do you think will happen next?
I believe the current breakout will likely be in a five wave impulse and those waves are labeled (white). The MACD could dip slightly but quickly reverse to a rise to support the upcoming impulse motive.
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