Metal Coin (MTL) Is Getting Bounced With Big Hidden Bullish Divergence


Hi friends hope you are well, and welcome to the new update on Metal token.

On a weekly time frame, MTL is getting bounced from long-term support of a descending triangle. There is also a hidden bullish divergence as the priceline is forming higher lows but the Oscillator is setting lower lows. At the same time on a daily time frame, MTL is trying to break a key resistance of $1.62. If Metal breaks out this key resistance then soon it can also break the bigger triangle which has been formed on the weekly chart. For a detailed analysis, you can also watch the video.


 

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