Please allow me to share with you this Metal (MTLBTC) chart, which looks pretty good to me.
Now trading above the above resistance (in the form of EMA50 and a broken downtrend line), Metal is starting to look pretty bullish.
The low was hit on the 10th of August with a classic and strong bounce as it usually happens after a new low is hit, this bounce generated over 111% of profits.
A retrace took place from the 22nd of August until the 15th of September, where a higher low was hit compared to the low of the 10th of August... Now, we are seeing bullish action taking place... MTLBTC is very likely to continue moving higher and a new uptrend will form.
Thanks a lot for reading.
Namaste.