Metal / TetherUS
Aggiornato

Metal DAO (MTL) about to print a 2500% move?

5265
On the above weekly chart price action has corrected over 90% since early 2021. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Support and resistance. Look left. Price action has now confirmed support on past resistance.

3) A weekly life cross prints.

4) Lastly, price action has exited a bull flag. The extension measures a 2500% move to target.

Is it possible price action continues to correct? Sure.
Is it probable? No

Ww

Type: Trade
Risk: <6%
Timeframe for long: This month
Return: 2500%
Trade attivo
Support on past resistance confirms.
Nota
GRM support now confirms.
Trade attivo
Going up...
Nota
Going up tis time for sure!
Trade attivo
Nota
You probably don't feel like buying right now, sound about right?
Emotions...

15hr
istantanea
Ordine annullato
Support broken. 80% correction to follow seem probable.

2 week
istantanea

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