ETP/USD still bearish

Metaverse ETP drops further on the short term after the failure to breakout above the outside sliding parallel line (sl). Right now is pressuring the UML and could also reach the 0.6000 level again.
Only a valid breakout above the sliding line (sl) will give us a chance to go long again, while a drop below the 0.5701 will invalidate a bullish scenario.
Only a valid breakout above the sliding line (sl) will give us a chance to go long again, while a drop below the 0.5701 will invalidate a bullish scenario.
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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.