#68 - Metal

What's up everyone!

Bitcoin still looks good to move towards the diagonal long-term resistance:

As expected, the second impulse of our HVF seems to be slower and having a less steep slope than the previous bounce. A sign that we are likely not out of the woods yet. That diagonal resistance is everything imo.

In case we break it, it is full on upside. Until then, caution is advised.

Hope you got your $MTL bag in the end. Here is a snapshot of the development:

Waited a bit but worth the patience (finally)

Plan the trade. Trade the plan

The falling wedge present in the last picture suggest that we are merely getting ready for the next leg up. 1000 sats target seems to be a rather logical psychological resistance and the final target of our HVF.

In case you don't know what a HVF is, check out the post where I go over the basis of HVF Theory and what characteristics of price behavior I am looking for on a chart:

https://steemit.com/trading/@beindependentbb/19-what-is-the-hunt-volatility-funnel-hvf

Curiously, Decentraland seems to be so similar to the Metal setup:

Early entry already triggered so suggest grabbing a small bag for another 2X :)

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