Metal DAO (MTL) about to print a 2500% move?

Güncellendi
On the above weekly chart price action has corrected over 90% since early 2021. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Support and resistance. Look left. Price action has now confirmed support on past resistance.

3) A weekly life cross prints.

4) Lastly, price action has exited a bull flag. The extension measures a 2500% move to target.

Is it possible price action continues to correct? Sure.
Is it probable? No

Ww

Type: Trade
Risk: <6%
Timeframe for long: This month
Return: 2500%
İşlem aktif
Support on past resistance confirms.
Not
GRM support now confirms.
İşlem aktif
Going up...
Not
Going up tis time for sure!
İşlem aktif
Not
You probably don't feel like buying right now, sound about right?
Emotions...

15hr
anlık görüntü
Emir iptal
Support broken. 80% correction to follow seem probable.

2 week
anlık görüntü
Multiple Time Frame AnalysisSupport and ResistanceTrend Analysis

BTC
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Allow 3-6 months on ideas. Not investment advice. DYOR
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