MTL/BTC has bottomed out and we have been through a bull trap recently
MTL/BTC all time high was: 0.00322
The bottom was: 0.00025788
From there we can divide these two numbers and get: 12.486
ATH could be possible, we have had a long period of consolidation and strong indicators for a new market cycle to start
Indicators:
- MACD= Positive divergence; Plenty of room for growth, reversal and crossover.
- RSI= Bounced recently from oversold levels, and has all the room in the world for growth.
- Over a month of consolidation.
Buy in: 0.0003800 - 0.0004200
Targets:
1 - 0.000606
2 - 0.000794
3 - 0.000949
4 - 0.001103
5 - 0.001320
6 - 0.001590
7 - 0.002401
MTL/BTC all time high was: 0.00322
The bottom was: 0.00025788
From there we can divide these two numbers and get: 12.486
ATH could be possible, we have had a long period of consolidation and strong indicators for a new market cycle to start
Indicators:
- MACD= Positive divergence; Plenty of room for growth, reversal and crossover.
- RSI= Bounced recently from oversold levels, and has all the room in the world for growth.
- Over a month of consolidation.
Buy in: 0.0003800 - 0.0004200
Targets:
1 - 0.000606
2 - 0.000794
3 - 0.000949
4 - 0.001103
5 - 0.001320
6 - 0.001590
7 - 0.002401
註釋
EDIT buy in:* 0.000380 - 0.000420
註釋
I am still holding this trade. Taking longer to develop because of the market wide correction but I believe this has the legs to run. Patience is key.
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