Price getting stuck to the circle is a common theme among many charts
It is demonstrated here through a bottom formation, specifically a double bottom
The prior double bottom led to a pump within the falling wedge
Right now price has broken out of the falling wedge and has formed a double bottom
The sticky circle is also there
Looks like sentiment low here...
Was trading at 5x current btc value in january
Breaking out of falling wedge
Potentially a spring here also if the previous accumulation zone is reclaimed
Would match wyckoff spring dynamic..
Usd chart appears to be nearing end of accumulation cycle
Bullish
Taking this trade with small size and tight stop. MTA has been in a steep downtrend for several days, trying to knife catch a potenital longterm bottom.
MTAUSDT was rejected off $8 resistance (that seems to be strong as we see on the chart) and trying to find support.
I'm still accumulating while market is bullish. My bids are floating in the red zone.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
META makes another attempt to break the resistance in the zone at $8-8.3. Not a good time to jump in long at resistance (even despite a bullish ETH), I'd better buy breakout or near $7.5-7.3 (have a few bids there).
Disclamer: Still holding my stack from $3.6 avg as mentioned on Twitter.
Hit the "LIKE" button and follow to support, thank you!
Information is...
I think it's time for META to test $6.5 once again.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
Brief: Meta is the mStable protocol DeFi token that earns mStable assets for insuring mStable and rewards early users.
Almost pure speculation and high-risk trade, it could be a top already! But I believe it has a decent chances to make solid returns if alt season is just started and BTC won't plunge. Looks promising, theoretical token price relative to funds...
