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mStable Governance Token: Meta (MTA)mStable Governance Token: Meta (MTA)mStable Governance Token: Meta (MTA)
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mStable Governance Token: Meta (MTA)

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MTAUSD trade ideas

mStable Governance Token: Meta (MTA) - bullish divergence** risky <$10m market cap ** On the above 1-day chart price action has corrected 90% since mid-April. A number of reasons now exist to be bullish, including: 1) The obvious, ‘incredible buy’ alert. A high probability of price action reversal now exists. Look left. 350% gain on last signal. 2) RSI resistance breakout. 3) Regular bullish divergence. 10 oscillators are now showing bullish divergence with price action. Amazing. 4) Dragonfly DOJI on 10-day chart (not shown here). 5) The bitcoin / MTA 1-day chart (below) shows the same oversold condition. Is it possible price action falls further? Sure. Is it probable? Very unlikely. Look left. Good luck! WW 1-day BTC chart
FTX:MTAUSDLong
by without_worries
7
mStable Governance Token: Meta (MTA) / BitcoinOn the above 1-day chart price action has corrected a massive 90% since February with oversold condition. A number of reasons now exist to be bullish, including: 1) Price action breaks out of resistance and confirms support. 2) A ‘incredible buy’ signal is printed. On past resistance. 3) Price action makes an impulsive move to the upper side of the Bollinger Band. Fantastic. Is it possible price action falls further? Sure. Is it probable? Unlikely. Target 10-15k sats / 10x from current levels. Good luck! WW PS: not in this trade, if you want an update leave a comment below.
FTX:MTAUSDLong
by without_worries
2
MTAUSD - Another attempt to break resistance at $8META makes another attempt to break the resistance in the zone at $8-8.3. Not a good time to jump in long at resistance (even despite a bullish ETH), I'd better buy breakout or near $7.5-7.3 (have a few bids there). Disclamer: Still holding my stack from $3.6 avg as mentioned on Twitter. Hit the "LIKE" button and follow to support, thank you! Information is just for educational purposes, never financial advice. Always do your own research.
FTX:MTAUSDLong
by Bitduke