mStable Governance Token: Meta (MTA) - bullish divergence

Oct 8, 2021

** risky <10m market cap **

On the above 1-day chart price action has corrected 90% since mid-April. A number of reasons now exist to be bullish, including:

1) The obvious, ‘incredible buy’ alert. A high probability of price action reversal now exists. Look left. 350% gain on last signal.

2) RSI resistance breakout.

3) Regular bullish divergence. 10 oscillators are now showing bullish divergence with price action. Amazing.

4) Dragonfly DOJI on 10-day chart (not shown here).

5) The bitcoin / MTA 1-day chart (below) shows the same oversold condition.

Is it possible price action falls further? Sure.

Is it probable? Very unlikely. Look left.

Good luck!

WW


1-day BTC chart

Oct 13, 2021

Trade active

Oct 17, 2021

Note

85% in under 10-days - fantastic. A couple of steps back would not be surprising after such a move.

Oct 21, 2021

Trade active

On the daily chart below price action breaks out of a pennant formation with flagpole extension to a near term target of $1.38 / 30% gain.

Oct 25, 2021

Trade active

Nov 1, 2021

Note

nice inverted head and shoulders forming around the support / resistance. $1.36 next resistance.

Nov 12, 2021

Note

Remarkable...

Nov 21, 2021

Note

Remarkable fractal delivers <10 days later. Now up 190%

"mUSD/USD now available for full trading on Coinbase Pro."

The project market cap remains tiny, 30M, lots more room for silly gains.

Dec 7, 2021

Trade active

Insider trading, I hate it, but it happens. For the last several days someone / some group has been purpose well over 1m perpetual futures of this tiny market cap coin. You don't do that unless you know something most don't.

No it's not me.

Jan 26, 2022

Note

huge number of oscillators printing bullish divergence on this one, let's see if price action can get back to $7..