Metaverse play with strong fundamentals yet to zoom into orbit.
Chart looks bullish
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inverse h&s completion target not yet met.
Possible bounce at next support level.
s/t bounce soon on convergence of trend lines and h/s completion
bearish case most likely as just completed h&s pattern.
MAY NEED A LONGER CONSOLIDATION IN LARGER PARALLEL CHANNEL ?
S/T OVERBOUGHT ?
a completed double bottom but is sentiment strong enough for a breakout without a test and pullback first ?
could this happen ?
possible s/t path
can guide as to targets/levels to watch
we can expect a corrective move soon , even if it turns out to be short-lived
watch upper and lower trendlines for signs of breakout/rejection
s/m/t o/b correction now !
High Probability Setup for some good Pips.
Should bounce a bit
S/M/T Overbought , trend line resistance