Metaverse is on of the three Chinese Ethereums and with a marketcap of about 110 million the cheapest one.
We have a pretty high r/r trade here.
potential upside in the short term 100-200%, potential downside -30 %
Size your risk and stop loss accordingly
We have a pretty high r/r trade here.
potential upside in the short term 100-200%, potential downside -30 %
Size your risk and stop loss accordingly
Comment:
triangle break down. price should fall to 0.382 FIB
the Fiat chart for comparsion.
Prices may or may not go down, important to know is that the consolidation period has not yet finished, thus makeing better entries is possible.
A breakout out or breakdown would be a good signal to enter this trade long or short