BillCharison

MTL/BTC What about alts?

Длинная
BINANCE:MTLBTC   Metal / Bitcoin
MTL at the moment broke falling wedge , and now is forming 2 figures: a bull flag , with the future transformation into a bearish flag , which will give MTL impulse for correction, to the newly formed support located in the area 34k sats . up to 40k sats ., which is not strong enough to keep a large sales flow, so I advise you to leave a stop loss, which we also revealed using the ATR oscillator.

When MTL will start falling, we will monitor it's behaviour, namely, the oscillators RSI and Stoch . RSI . A favorable outcome described on the chart, where by RSI I indicated the next bottom, and on Stoch . RSI approximate trajectory. The Sell Zone determined combining levels of Fibo. and got the following goals: 48k-51k-55k sats .

What about fundamental:
The thing is that there are no interesting events on this platform, but maybe I'm missing something, so I'm waiting fans in comments! Therefore, we conclude that this currency is not as promising as many others, which is obvious. The idea was published for asset holders.

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