MTLBTC Supports / resistance = Breakouts

BINANCE:MTLBTC   Metal / Bitcoin
175 0
So I am rather long on MTL and I think its a good buy opportunity anywhere under the .236 fib levels for a long time hold.

I Have heard news is coming out in Feb, I think the platform will be released, which will come in food timing as the market should be stabilised by then.

MTL may stay range bound for a while but the longer it stays range bound the higher the pop.

I put some trendlines for short term scenarios, however with the current condition of BTC it will most likely be inaccurate.

Guess we shall see how it goes.
評論: MTL seems to be going back in its down trend, if it breaks that trend line, should see a nice run up.
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