Metis / USDTLong
Metis contraction
Metis shows a bullish contraction right above the daily demand zone, this type of price contraction tends to lead to an expansion especially if volatility or stochastic RSI bottoms. I chose to use HV here to display how low the volatility is historically. If BTC doesnt dead cat right now I would expect a run here. Another test of 106$ in the cards.
A downside target is the dashed red.
A downside target is the dashed red.
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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.