Forex_Academy

Metaverse ETP forming a Symmetric Triangle.

BITFINEX:ETPUSD   None
Metaverse (ETP) has lost -1.31% in the last 24 hours and its price is now at $ 0.8532 forming higher lows and lower highs in what we call a Symmetric Triangle Chart Pattern. For now the price appears a bit bullish so it is likely that the price reaches the top line of the triangle in the short term, close to $ 0.8869. This formation usually produces a strong break to one of the sides so we must be alert for a possible entry.
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