MTL has held up super strong in this recent whatever you want to call it that we are in. I keep coming back to it for trades and even miss out on it when I think to myself its too risky.
We are bouncing off the bottom of this ascending triangle and still within the alternative which is a channel. I think we could hit the top of this triangle that we have moved into as MTL has performed very well. Lots of manipulation on this coin though and wash trading to boost volume. I don't think the whales will let this fall below the channel.
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Additionally the Vix Fix on the 4h is signalling a market bottom.