Metal (MTL) Long-Term Targets (645% Potential)These are the long-term targets for Metal (MTLBTC).
Here we are looking at the weekly timeframe.
Prices are safely and strongly trading above EMA10 with very strong indicators... This one can BOOM anytime.
Over 600% of potential profits.
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Remember to stay patient and let your strategy playout.
Based on the results, you can update or build a new one, or keep it if it works... But never jump around from trade to trade... This is a bad strategy and can lead to a losing game.
This is not financial advice.
Namaste.
Metal
Elliott Wave View: Silver Has Room for More UpsideSilver 1 hour chart below shows that the metal has ended pullback from July 13 high as wave ((ii)) at 18.85 low. From there, the metal has continued to extend higher. The rally has also broken above previous wave ((i)) high. This confirms that wave ((ii)) is already in place and the next leg higher in wave ((iii)) is already in progress. Up from wave ((ii)) low, silver ended wave (i) at 19.47 high. The pullback in wave (ii) ended at 18.91 low. The metal then extended higher in wave (iii). The internal subdivision of wave (iii) unfolded as a 5 waves impulsive Elliott Wave Structure.
From wave (ii) low, wave i ended at 19.39 high. The dip in wave ii ended at 19.23 low. Afterwards, the metal resumed higher in wave iii, which ended at 21.32 high. Wave iv pullback ended at 21.09 low. The last push higher in wave v ended at 22.82 high. This ended wave (iii) in larger degree. From there, the metal did a pullback in wave (iv) which ended at 22.15 low. The metal can extend for another leg higher before ending wave ((iii)). A break above previous wave (iii) high will confirm that the next leg higher has started. Otherwise, the metal can still do a double correction in wave (iv). While above 18.85 low, expect dips in 3, 7, or 11 swings to find support for further upside.
LONG - MTL - Trading OpportunityBINANCE:MTLBTC looking it's about to go crazy, once of the few altcoins that hasn't had much impact these past few months, and it's usually one that likes to go bananas. Every long term MA, tenkan and kijun tightly squeezing together and providing the support necessary for MTL to go into the daily cloud. Expecting a lot out of this one.
Entry: 0.00003550
Target 1: 0.00004699
Target 2: 0.00005599
SL: 0.00003319
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MTL/BTC Channel + local trending. 9 months - 5 pumps + 100-220%MTL / BTC Work in the accumulation channel + from local trend lines. Important reversal areas.
For 9 months in the horizontal channel there were 5 pumps + 100% + 150% + 50% + 100% + 220%
In real work in the channel by averaging, you can take profits from 60% to 80% of each movement.
The coin is not a "promising technological derma" for believing crypto hamsters.
Coin "perspective scam" for making real money.
I showed the logic of the work on the chart, I also have several ideas for training and articles on this topic, I won’t repeat myself.
Volatility is the quality of a trading instrument that, when used skillfully, can inflate your trading deposit to indecent sizes.
Also on such instruments, do not forget to withdraw part of the profit from the exchange after each pumping of the price. It is very important. Greed begets poverty.
In such highly volatile instruments as in any other cryptocurrencies, sooner or later the time will come for the evaporation of the object of faith of fools (the disappearance of the project). Therefore, it is very important to always cash out part of the profit.
Work the rest of the amount by increasing the working volume with a complex percentage. And from here the big next potential profit.
Remember, no matter how much virtual money you earn on the exchange, without converting into real money, your profit is always zero
A similar coin with such volatility for making real money in a short KIN time. + 111% + 140% + 80% + 160%
The work is similar. I showed all movements in advance on this coin, all in related trading ideas, I will not repeat.
Kin profit for 3 months of work + 111% + 140% + 80% + 160%.
Do not be theorists, but be practitioners. A theory without practice is zero.
Only the "weight" of your deposit matters. Everything else is "water."
I also emphasize that most of the crowd is waiting - lazy people, they have always been, are and will be outsiders. This is fuel. Do not be him.
More information about the trading and not only in my telegram channel SpartaBTC.
Gold BounceWith gold showing a low resistance path that could pull it back to the low's that we saw in the last week or so. With many analysts offering a much higher price in the upcoming months to years I feel the uptrend will still be respected.
We can see some ranging that could show a pull back to the support around 1700, if a re-test does occur, expect a false breakthrough possibility with sellers out-weighting buyers, from this I believe the trend should bull up back to the resistance. Following a possible break of resistance we could see a big bull pushing these numbers to the 1800 analysed by many, even further if enough momentum is generated from the lows, this may be slowed by some possible accumulation but Gold shows promise to fight to these highs.
USD numbers should help with this with USD being weakened at multiple times last week.
DO NOT TAKE THIS AS GOSPEL, This is my idea that could become possible. Any comments appreciated, new to the game.
GOLD USD D1 Chart Bullish$GOLD recently touched the 1302 levels, which is Week1 support. I expect a quick retracement as RSI is showing OS . If it breaks above 1311 then there is a good chance that we will see 1346 and 1365 again within 2-3 weeks.
This is not any trading advice! Just my own opinion and analysis.
Thanks
TATA STEEL BREAKOUT AND NOW TIME TO BUYTATA STEEL BREAKOUT AND NOW TIME TO BUY
& GET 1:2 RISK REWARD LEVEL AS INTRA-DAY.
AND SHORT TERM TRADING LEVEL. YOU CAN TRADE WITH OPTION (ATM) (ITM) & WITH FUTURE JUNE EXPIRY
AND FOLLOW THE STOP LOSS IF YOU GET 1ST TARGET THEN YOU CAN TRAIL YOUR STOP LOSS.
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XAG-USD silver 5.28.2020Silver has been in an uptrend since mid-March after a capitulation move. Since then it has been making continuation patterns over and over and moved up very strong and outperformed most of the metals.
Currently, it appears that it's completing another continuation pattern as a symmetrical triangle.
Momentum indicators on mid time frames look good for continuation as well.
If it confirms a break out above the pattern on high volume ( around 17.450) then it can move to 18 - 18.2 over the coming weeks as long as it holds the break out level around 17.150.
It almost offers a 5 to 1 risk to reward trade to take.