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

Aktualisiert
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 ist aktiv
Support on past resistance confirms.
Anmerkung
GRM support now confirms.
Trade ist aktiv
Going up...
Anmerkung
Going up tis time for sure!
Trade ist aktiv
Anmerkung
You probably don't feel like buying right now, sound about right?
Emotions...

15hr
Snapshot
Order storniert
Support broken. 80% correction to follow seem probable.

2 week
Snapshot
Multiple Time Frame AnalysisSupport and ResistanceTrend Analysis

BTC
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Weblink: patreon.com/withoutworries

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