$MTL - Price analysis request:
Strong rejection daily / weekly happened!đš
Key resistance to be break: 1.450$
The price is back into the neutral zone daily: [1.280 - 1.450$]
The H4 uptrend is still holding, but the weekly & daily view looks pretty bad...
Compare to many other Altcoins, #MTL price is currently below the major resistances [W & M] and not above!
Regarding the short term, i'm expecting the price to dump toward 1.200$ or 1.100$ again! đ
Some #alts looks good to trade, others not.
Level by level, just because the $BTC is rising doesn't mean all tokens are bullish! #DYOR
As long as the price is stuck below 1.500$, I advice you to avoid long positions.