MTLBTC Supports / resistance = Breakouts
Updated
So I am rather long on MTL and I think its a good buy opportunity anywhere under the .236 fib levels for a long time hold.
I Have heard news is coming out in Feb, I think the platform will be released, which will come in food timing as the market should be stabilised by then.
MTL may stay range bound for a while but the longer it stays range bound the higher the pop.
I put some trendlines for short term scenarios, however with the current condition of BTC it will most likely be inaccurate.
Guess we shall see how it goes.
I Have heard news is coming out in Feb, I think the platform will be released, which will come in food timing as the market should be stabilised by then.
MTL may stay range bound for a while but the longer it stays range bound the higher the pop.
I put some trendlines for short term scenarios, however with the current condition of BTC it will most likely be inaccurate.
Guess we shall see how it goes.
Note
MTL seems to be going back in its down trend, if it breaks that trend line, should see a nice run up.
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