KUCOIN GEM - MTV - Breakout + Price Discovery!

MTV has broken above significant local resistance level, printing/confirming a bullish cup and handle pattern.

If it can break the recent ATH, we'll see more price discovery!

Targets based on Fib extension.

Look for upcoming news as catalysts.

Happy trades,
CD

Yorum:

Looks like I jumped the gun when I posted this setup-- but after a solid reaccumulation period during BTC's run up to a new ATH, MTV is looking ready to retest and hopefully break into price discovery!

Eventually, attention will turn from BTC to ETH to other alts... there's just no telling when exactly that may be.

Yorum:

Annnd there it is! MTV breaks out and is not retesting support at the previous ATH!

Yorum:

After long accumulation, MTV looks about ready to pop!