Metal Slowly Recovering... MTLBTC (Metal) is starting to recove
MTLBTC (Metal) is starting to recover slowly...
Here we have the "v shaped" bottom pattern and also the candles moving back above MA200, EMA300/EMA200.
We also have a bullish RSI, above 50, which is really important when we are seeing these types of moves take place.
If we see similar signals but with a weak RSI it can signal that the price can easily drop...
When the RSI is strong, it is more likely to see a continuation to the upside (a continuation of the recovery) than a bull trap showing up.
Namaste.
Here we have the "v shaped" bottom pattern and also the candles moving back above MA200, EMA300/EMA200.
We also have a bullish RSI, above 50, which is really important when we are seeing these types of moves take place.
If we see similar signals but with a weak RSI it can signal that the price can easily drop...
When the RSI is strong, it is more likely to see a continuation to the upside (a continuation of the recovery) than a bull trap showing up.
Namaste.
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.