We can see MTLBTC facing strong resistance at EMA100 and EMA50, blue and magenta lines respectively.
It is still likely to move positive based on the v/triangular pattern shown to test support.
After this pattern, it is more likely for prices to move up rather than drop.
In case of a drop, I've marked the support level on this chart.
The general trend is still bullish.
Patience is key to win on this one.
Namaste.
It is still likely to move positive based on the v/triangular pattern shown to test support.
After this pattern, it is more likely for prices to move up rather than drop.
In case of a drop, I've marked the support level on this chart.
The general trend is still bullish.
Patience is key to win on this one.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.