💎 MTL has undoubtedly captured our attention. Recently, MTL shattered the descending channel pattern, backed by substantial volume and a robust green candle, signaling a bullish shift.
💎 Currently, MTL challenges the supply zone, where it previously faced stern rejection, pushing it to retest the support trendline of the descending channel for renewed momentum.
💎 Following this phase, MTL rebounded, aiming once more to breach the supply barrier. If successful, MTL could smoothly transition to the subsequent supply targets and potentially reach the bearish OB.
💎 Conversely, should MTL face another rebuff at the supply frontier, it might retreat downwards, revisiting the demand zone at $1.215. A failure to rally and hold ground within this realm could see MTL breaking further down, potentially cascading towards more foundational support levels.
💎 Currently, MTL challenges the supply zone, where it previously faced stern rejection, pushing it to retest the support trendline of the descending channel for renewed momentum.
💎 Following this phase, MTL rebounded, aiming once more to breach the supply barrier. If successful, MTL could smoothly transition to the subsequent supply targets and potentially reach the bearish OB.
💎 Conversely, should MTL face another rebuff at the supply frontier, it might retreat downwards, revisiting the demand zone at $1.215. A failure to rally and hold ground within this realm could see MTL breaking further down, potentially cascading towards more foundational support levels.
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Boom! #MTL is doing just what we said. Up 20.85% and looking good!
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.