MTL looks absolutely promising! We are breaking out of the bullish flag pattern on the weekly chart with a strong engulfing candle. The bearish structure is broken, and a new uptrend is beginning. A 1588% profit is very likely if you buy this coin right now. If you want to take a profit early, you can use my first profit target in the short-term.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
About Metal DAO
Metal DAO (MTL) is a utility token that currently governs the stablecoin Metal Dollar (XMD), in addition to providing tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app. Metal Pay customers who own 10,000+ MTL can enjoy 0% fees on all cryptocurrency purchases.
Metal DAO's future utility includes the ability to propose new stablecoins for the Metal Dollar basket, including their allocation ratios, and the option to vote in new stablecoin issuers such as community banks or fintechs.
Metal Pay was developed and launched by Metallicus in 2016.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
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A small pullback on MTL, time to add to the position and buy more coins.
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MTL needs more time, but I believe we ate going to do it.