TradingView
MCFX2
Jan 28, 2018 4:43 AM

MTL recovery Long

Metal / BitcoinBinance

Description

A pretty simple pattern. Falling wedge is a nice shape to start our wave 1.
Target for wave 3 is both the 2.618 extension of wave 1, and the high berfore the delisting. Relisting and iOS app release should act as good wave 3 catalysts. Whale indicator also showing some heavy signs of accumulation.

Wouldn't suggest entering before wave 2.

More