MTL is an Ethereum token that powers Metal's products and ecosystem. Metal is a payment processing application that offers its users the ability to convert their fiat currencies into cryptocurrencies and vice versa.
At the moment, it is transiting the median of the Keltner Channel, inside a triangular formation that will probably break upwards since the MTl is 85.72% below the historical maximum.
the asset circling above the Ichimoku cloud demonstrates a clear command of the complyers being confirmed by the RSI which is clearly exhausted from selling forces. The price of Metal has increased 27.64% in the last 7 days, it has retreated, but I believe it will break the upwards trianule.
Here are the supports and resistances in the 4H:
Main support levels : 0.998 / 0.912 / 0.843
Main Resistance Levels: 1,158 / 1,297 / 1,578
MM200: 0.910
At the moment, it is transiting the median of the Keltner Channel, inside a triangular formation that will probably break upwards since the MTl is 85.72% below the historical maximum.
the asset circling above the Ichimoku cloud demonstrates a clear command of the complyers being confirmed by the RSI which is clearly exhausted from selling forces. The price of Metal has increased 27.64% in the last 7 days, it has retreated, but I believe it will break the upwards trianule.
Here are the supports and resistances in the 4H:
Main support levels : 0.998 / 0.912 / 0.843
Main Resistance Levels: 1,158 / 1,297 / 1,578
MM200: 0.910