Updated

Metal DAO (MTL) about to print a 2500% move?

On the above weekly chart price action has corrected over 90% since early 2021. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Support and resistance. Look left. Price action has now confirmed support on past resistance.

3) A weekly life cross prints.

4) Lastly, price action has exited a bull flag. The extension measures a 2500% move to target.

Is it possible price action continues to correct? Sure.
Is it probable? No

Ww

Type: Trade
Risk: <6%
Timeframe for long: This month
Return: 2500%

Trade active

Support on past resistance confirms.

Note

GRM support now confirms.

Trade active

Going up...

Note

Going up tis time for sure!

Trade active

Note

You probably don't feel like buying right now, sound about right?
Emotions...

15hr

Order cancelled

Support broken. 80% correction to follow seem probable.

2 week

without_worries

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Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

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without_worries

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

Also on: