Metal (MTL) Facing Strong Resistance But Likely To Move...
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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alansantanatrades.com
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