As seen in the chart, we see a double bottom formation with volume picking up towards the recent up. MTLBTC has also seen a slump for the longest time. But according to the MACD, the bulls are coming in to take control. Wait for confirmation from the bulls to break the 580 sat line. We should see a slight retrace. Buy at 580, s/l @ 500. Target is 540. Target is 850 sat.
Comment:
ok boys, showtime! Get your popcorn ready.
Trade active:
trade is still active, volume is picking up, two bull flags have formed and we will be making another attempt to break that resistance line. keep a close eye.
trade is still active, volume is picking up, two bull flags have formed and we will be making another attempt to break that resistance line. keep a close eye.