No position in MTL at this point.
Possible bullish C-fork in the making (blue), but it needs to be confirmed (and idealy supported by RSI div on some TF). If that's the case, I plan to be adding some on successful retest.
3800 sats seem to be important horizontal support level, so I would expect to get a much clearer view once we reach it.
Max gain scenario in my view (red): break down and retest blue trendline - I would be looking to pack quite heavy bag there.
Possible bullish C-fork in the making (blue), but it needs to be confirmed (and idealy supported by RSI div on some TF). If that's the case, I plan to be adding some on successful retest.
3800 sats seem to be important horizontal support level, so I would expect to get a much clearer view once we reach it.
Max gain scenario in my view (red): break down and retest blue trendline - I would be looking to pack quite heavy bag there.
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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.