Consolidation since November 2022, that’s almost two years old. The upper trendline (blue) of the widening channel has been challenged three times, perfectly. Metal (MTLUSDT) just tested the lower trendline and so far it holds as support. This trendline being tested produces a long-term higher low and the stage is set for the next bullish wave.
The last major peak for this pair happened 3.5 years ago and we are ready for a new one. We are ready, the chart is ready, the market is ready. It will take some time to develop but look at past history… It will start to go slowly up but surely, as it has been doing already for years. Then, without warning, it will start to grow strong.
It is interesting to note that Metal peaked in March 2021. This is much sooner than so many other pairs. Again, this is awesome/great. We can enjoy pairs like this one with thousands of percentages of points of growth (this one grew 9,770%) and then enjoy another one and another and another one; on and on and on.
Long-term higher low leaves the doors open for a new All-Time High… We are talking about $27 as the next target, or, ~2600% potential for growth.
I don’t know how high it will go.
We don’t know if it will hit a new All-Time High or not.
But it is going up…
Cryptocurrency is going to grow.
The Altcoins are going to grow.
We are going to grow.
We are growing now.
And we are ready for more.
We are only getting started.
Welcome… And thanks a lot for your continued support.
… I am having so much fun…
Namaste.