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

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Published: 21 Jul 2022 › Updated: 21 Jul 2022Metal Coin (MTL) Is Getting Bounced With Big Hidden Bullish Divergence

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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