moon333

MTLBTC hitting the channel support a good buying opportunity

Long
BINANCE:MTLBTC   Metal / Bitcoin
Priceline of Metal / Bitcoin is moving within a parallel channel and hitting the channel support.
This support should be used as stop loss.
MACD is turning bullish .
RSI is already oversold.
I have used Fibonacci sequence to set the targets:

Sell between: 0.00005488 to 0.00005920

Regards,
Atif Akbar (moon333)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.