METAL (MTL) Could Impulse Higher
SUMMARY
The below is a chart of Metal (MTL/BTC) which was posted on March 2nd. The symmetrical triangle was counted as an abcde and wave e had not yet been started. The white impulse waves showed the proposed pathway should an upside breakout occur.
The current chart shows the resulting breakout with wave 1 and 2 of the impulse likely complete. While there have been instances where even at this stage a lower low can be made, the like move seems to point to higher highs IF Bitcoin can also renew its rise as well.
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@SteemFlagRewards Comment Spam
bullish on mtl
Oh yeah
Thanks haejin
Nice
@SteemFlagRewards Comment Spam
hello sir . thanks for you idea. i want ask about this chart it is the only one that you dont look at macd while all oter alcoins you do . i wonder how come it not important for you a take on Macd on metal ?
i looked at it it like still not break in the case Macd is still in the triangle i doubt the price can go so hight so fast since the contracting lines of Macd piont till to june.
i really wish you opinion about that
blessings from a fan of your