Metal / BitcoinLong
MTL/ BTC : LOOKING PRIME
Updated
HEY TRADERS, HEARD SOME BUZZ AROUND THIS COIN ON TWITTER. I WANTED TO SHARE MY THOUGHTS TO THOSE WHO MAY BE INTERESTED AS WELL. BE SURE TO DO YOUR OWN FUNDAMENTALS!
ONE DARK-CLOUD COVER ON OCTOBER 26TH, FOLLOWED BY ANOTHER TWO DAYS LATER SET THE TONE FOR A BEARISH RUN.
WE FINALLY SAW A SIGN OF DESCENT SUPPORT ON DECEMBER 8TH, WHICH WAS WEAKLY CONFIRMED ON JANUARY 17TH.
I SAY WEAKLY BECAUSE ONLY A WICK TESTED THE SUPPORT LINE, NOT A FULL CANDLE BODY.
ON JANUARY 4TH WE HIT RESISTANCE WHICH HASN'T BEEN CONFIRMED YET. WE MAY SEE THIS CONFIRMATION OR REJECTION IN THE NEAR FUTURE.
IF WE BREAK THE WHITE RESISTANCE, DUE TO THE BULLISH ENGULF PATTERNS, WE WILL SEE BULLS TAKE CONTROL UNTIL WE ENTER A NEW RESISTANCE ZONE NEAR 0.001
THIS LOOKS HIGHLY PROBABLE, SO A GOOD BUY OPPORTUNITY WOULD BE NOW UNTIL RETEST AT RESISTANCE.
PM ME FOR ANY REQUESTS. HAPPY HUNTING MY FRIENDS. HOPE THIS HELPED!
ONE DARK-CLOUD COVER ON OCTOBER 26TH, FOLLOWED BY ANOTHER TWO DAYS LATER SET THE TONE FOR A BEARISH RUN.
WE FINALLY SAW A SIGN OF DESCENT SUPPORT ON DECEMBER 8TH, WHICH WAS WEAKLY CONFIRMED ON JANUARY 17TH.
I SAY WEAKLY BECAUSE ONLY A WICK TESTED THE SUPPORT LINE, NOT A FULL CANDLE BODY.
ON JANUARY 4TH WE HIT RESISTANCE WHICH HASN'T BEEN CONFIRMED YET. WE MAY SEE THIS CONFIRMATION OR REJECTION IN THE NEAR FUTURE.
IF WE BREAK THE WHITE RESISTANCE, DUE TO THE BULLISH ENGULF PATTERNS, WE WILL SEE BULLS TAKE CONTROL UNTIL WE ENTER A NEW RESISTANCE ZONE NEAR 0.001
THIS LOOKS HIGHLY PROBABLE, SO A GOOD BUY OPPORTUNITY WOULD BE NOW UNTIL RETEST AT RESISTANCE.
PM ME FOR ANY REQUESTS. HAPPY HUNTING MY FRIENDS. HOPE THIS HELPED!
Note
STILL WAITING FOR MAJOR BREAKOUTNote
GREAT BUYING PERIOD
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