MENU

MTL.X Crypto Tickeron detected bearish Crypto Pattern: Cup-and-Handle Inverse MTL.X on May 24, 2025, netting in a 18.90% gain over 4 weeks

A.I.dvisor
at Tickeron.com
Loading...
+18.90% Gain from a Successful pattern Cup-and-Handle Inverse
MTL.X - Metal DAO cryptocurrency
Tickeron
Ticker: MTL.X
Company: Metal DAO cryptocurrency
Gain from shorting: +18.9%
Confirmed: 05/24/25
Succeeded: 06/18/25
Total length: 28 days
On May 21, 2025, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Metal DAO cryptocurrency (MTL.X, $0.836699). 3 days later, on May 24, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 18, 2025, the stock hit the target price of $0.651000 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for MTL.X turns negative, indicating new downward trend

MTL.X saw its Momentum Indicator move below the 0 level on June 12, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 135 similar instances where the indicator turned negative. In of the 135 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for MTL.X turned negative on June 14, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 72 similar instances when the indicator turned negative. In of the 72 cases the stock turned lower in the days that followed. This puts the odds of success at .

MTL.X moved below its 50-day moving average on May 23, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for MTL.X crossed bearishly below the 50-day moving average on May 26, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 22 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MTL.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for MTL.X entered a downward trend on June 18, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MTL.X's RSI Indicator exited the oversold zone, of 37 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MTL.X advanced for three days, in of 484 cases, the price rose further within the following month. The odds of a continued upward trend are .

MTL.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

View a ticker or compare two or three
MTL.X
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interact to see
Advertisement
A.I.Advisor
published price charts