Looking at LOG scale here and the answer would be: no
It will all be about holding local 0.886 @ $16.21 / intermediate 1.886 @ $13.48. A break below would mean breaking major 0.618 and dictate lower prices around major 0.786/0.886.
Also since 2.618 was taken on w3 down, expecting w5 to hit 3.618/4.236
Given the insane 2021 run Metis had, a healthy correction...
i see two buying zone for metis
FIRST BUYING ZONE : 11-10.5
SECOND BUYING ZONE : 7.3-5.9
chart key :
grey zones : possible reversal zones based on fib levels
blue lines : demande areas
red and yellow lines : support
not a financial advice
I see that the red zone as a good zone for buying metis .(for investment only)
if BTC bottom at 14-10 k , metis would bleed more with the other ALTS .
not a financial advice , only for entertainment purpose .
Notice : as we are right now , 21-17k BTC range , every one can begin to accumulate their desirable tokens , for example 30% now and the rest when prices...