Pre-published View
The same box trends and pivots using Bonfire and Gann. Follow price along these trends and pivots. The price and lines are squared true. This is a short term outlook but the S&R levels should hold for a while.
I believe Metal MTL has reached i'ts bottom and is now ready for huge pullback 0.6 - 0.7.
Looking at the chart we can see on all timeframes huge increase in buy volume resulting in a significant rise of the price.
Also looking at the VWAP(Volume Weighted Average Price) Indicator we can see the price is constantly above the white line which tells us we are in an...
Based on our previous MTL/BTC idea, which you can find down below, it has rejected the support and broke above key resistance. Currently key resistance as acting as the support, and if it holds Metal should continue moving higher.
Looking at the MTL/USD chart, price has been very inactive during past 3 months, after MTL/USD bottomed out, hitting $0.5 low....
Critical levels with huge volume support means investors and smart money here.
2D RSI ready to squeeze RSI EMA resistance.
Shows main levels for this trade.
Long AF on this thing.
Being that MetalPay will be a fiat gateway for crypto, there has been lots of speculation that whatever entity/MM controls the liquidity of Metal, certainly measures their spread in USD; thus it is more accurate and insightful to weigh Metal against USD than BTC.
Renko chart to eliminate volume noise to simplify chart
Clearly price is...
