Long

$MTL.X consolidating

Updated

This coin has actually been on an uptrend since Jan. I expect some further swings/consolidating within the smaller triangle before breaking out within a week or so. Good entry would be around 5000-5100 satoshis if it swings that low again.

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Correction: entry would be 50000-51000

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MTL is trying to breakout of the smaller triangle. If you're not already in I wouldn't fomo buy here. It could easily fall back in. Better to wait for a confirmed breakout and retrace.

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Still consolidating as predicted. With BTC correcting we've got some nice entry points. Still expecting a breakout within the next week.

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Boom, broke out! :)

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Breakout rejected. I took some profits. Now back in. We're consolidating still but looking closer to a big move.

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Major sell off today. It's nearing the bottom of the channel. I think this is a good entry point and it should bounce soon.

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If you were trading this hopefully you were able to get take some profits on the small breakout before it fell out of the triangle. Trade closed

Trade closed manually

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