MTL/BTC -> Will it break the Bear Trend ?
MTL is rejecting to fall lower (what I suspected when it bounched on the top line)..
It is accumulating against the resistance line and support. It is just a matter of 1 a 2 days before we will know if he will break the down trend.
This means we can suspect an reversal in the trend and seen some nice grow on MTL.
Position:
Take position over here (371) + a stop loss at (348) *lower then the last higher low.
It is accumulating against the resistance line and support. It is just a matter of 1 a 2 days before we will know if he will break the down trend.
This means we can suspect an reversal in the trend and seen some nice grow on MTL.
Position:
Take position over here (371) + a stop loss at (348) *lower then the last higher low.
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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.