Metal (MTLBTC) Opportunity for Profits Pt.2Just a quick update.
Turns out I was pretty accurate.
The market moved within the pattern I drew and if you went in on the support/entry zone I indicated and put a sell order on the ceiling of the triangle,
that was an easy 10%.
Congratulations on the profit if you followed my trade.
Metal
XAUUSD: Sell opportunity on the 1D Higher High.Gold is approaching a sell signal on its 1D Channel Up (MACD = 10.130, Highs/Lows = 21.9428, B/BP = 42.7360) and the RSI is next to turning overbought (RSI = 74.891). When the Higher High of the Channel is made near the 1357 - 1366 Multi Year Rejection Zone (hard selling for the past 5 years) we will go short aiming at another -1.70% pull back (based on the Channel's pull back Higher Low sequence). TP = 1,333.00.
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Metal (MTL) | 84%+ Potential Profits | FREE TRADING SIGNALPair: MTL/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Introduction
Metal is a blockchain-based system utilising Proof-of-Processed-Payments to identify users, rewarding them for converting legacy fiat currency into cryptocurrency. It is a system similar to Bitcoin but with a user-friendly interface and front-end that is similar to Venmo, Square or PayPal. Metal can act as a bridge to Bitcoin or any cryptocurrency available. Many small businesses across the world prefer to only accept cash. However, in an increasingly cashless society, refusing to accept digital and card payments can be problematic. Put simply, Metal believes cash only businesses can benefit by adopting cryptocurrency as a new new form of cash, as cryptocurrencies possess many of the same properties particularly around privacy, censorship resistance and fungibility. In order to bring digital payments into a world that utilises blockchain-based technology over some traditional banking rails, Metal expects to save consumers 4-5% on all purchases.
Technical Analysis
- 12H Closed Above HTF Resistance (Our Condition For Entry)
- Bullish "Grinding" Price Action
- Volume Increasing
- Higher Highs/Higher Lows
- Broke HTF Downtrend
Our Entry Zone
0.0000840 - 0.0000909
Our Targets
1: 0.0001008
2: 0.0001306
3: 0.0001548+
Our Stop Loss: 0.0000795
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Comment your thoughts below.
And most importantly, enjoy your day!
Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
Metal (MTLBTC) Opportunity for ProfitsThis is a small-cap market trade for quick profits.
Here I loaded up the 4h chart. We can see an ascending triangle has formed.
RSI has also formed an ascending triangle.
Next move is likely going to be a down move to hit the next higher lows.
After a downtrend, wait for a clear reversal then go in on the trade.
Just by trading within the triangle, 10% profits is possible.
Set a stop loss to minimize losses in case the pattern breaks the pattern.
If the pattern breaks, stay away from the trade.
I'll come back with an update.
MTL uptrendNice uptrend since the middle of January. Totally missed it. But it is pretty manipulated with pumps and dumps all over the way. And thats what we need. But to make this deal safe need to buy at the lowest point, preferable after the reversal. I see that point to be cross of month support and lower channel borders. Of cause if it will fall down there, but indicators show it can, unless it breakout 830 without stopping. In this case I'll buy after breakout.
MTL brewingMTL looks like its due some fun run;
respecting pitchfork lines
cup and handle forming (currently on handle)
currently inside a symmetrical triangle
low timeframe (this moment) is in a little bullflag
id aim for the resistance around 900 first, then range high and then pitchfork mean line
Metal's (MTLBTC) Bullishness Confirmed by Volume (150% PP)One of my great supporters asked recently how is Metal (MTLBTC) doing! How is it doing?
- The volume the last few days has been amazing on Binance, highest volume since inception there.
- We know that volume is one of the most important signals when it comes to confirming an upcoming move.
- With a clear recent break above EMA10, EMA50 and MA99, MTLBTC is looking really good to generate good gains in the coming weeks.
- I can see that many altcoins are waking up. This is one that you should keep an eye on.
- Targets and details can be found on the chart.
One of our active Metal (MTLBTC) trades.
Trade: Metal (MTLBTC)
BUY: Up to 0.00000820
(Original buy in: 0.00000680 – 0.00000730)
TARGETS:
(1) 0.00000895
(2) 0.00001111
(3) 0.00001911
(4) 0.00002760
STOP: Close daily below 600.
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Namaste.
Metal / Bitcoin MTLBTC, BINANCE 12H up to 31JAN19Metal / Bitcoin MTLBTC, BINANCE 12H up to 31JAN19
12H Chart, Metal (MTL) by January 22, 2019, was able to break over both the 100/200 days MA signals (1), along with an ascending movement from 45 RSI over 70 RSI surfing over this until January 27, 2019 (2), when felt and found support again on 45 RSI and over both the 100/200 MA, bounced back, stayed hovering close to the 100/200 MA signals and now is moving up, with the MACD signals about to positively pierce over the Histogram (3) heading to test the 0.0000800BTC resistance (4), which is the optimistic approach, but remember "Trees don't grow until the sky" it can find resistance and make a correction anytime. Good Luck!
12H Chart, Metal (MTL) el 22 de enero de 2019, pudo atravesar ascendentemente ambas señales MA de 100/200 días (1), junto con un movimiento ascendente desde 45 RSI sobre 70 RSI navegando sobre este ultimo hasta el 27 de enero de 2019 ( 2), cuando se regresó y volvió a encontrar soporte en 45 RSI y sobre ambos 100/200 MA, se recuperó, permaneció flotando cerca de las señales 100/200 MA y ahora está avanzando, con las señales MACD a punto de perforar positivamente sobre El Histograma (3) y se dirige a probar la resistencia de 0.0000800BTC (4), que es el enfoque optimista, pero recuerde que "los árboles no crecen hasta el cielo", puede encontrar resistencia y hacer una corrección en cualquier momento. ¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
MTL : 55% Profits Done! And Preparing For Another Strong Bounce.All our MTL short term targets are achieved within 6 days. And almost 4 of our mid/long term targets are ahieved too in just 9 days.
A total of 55.8% profits so far.
Reached : 9270 sats
Total Profits : 55.8%
Total Duration for Achievement : 9 Days
It seems a miracle to some to predict such a huge amount of profit in such market seasons and sometimes it looks like LUCK is on the back up too. As we have been saying for so long trading needs a big energy and that GUT to hodl and wait for the miracle. That is what becomes a MOMENT OF TRUTH for those who follow the discipline. To be honest 55% profits is a huge success not only in such reddish market patterns but in the healthy and mad bouncing market times too. For now MTL is consolidating and correcting it self for another bounce in the long term and still looking a good opportunity to grab some and HODL
Remember to drop your LIKES and press the FOLLOW button if you are interested by our forecast and be free to DISLIKE the post or right your COMMENT if you not convinced by the forecast. Thank you for your time to read our posts anyways. With Regards.
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
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Team TWA.
Metal - a hidden gem among oversold coins?!Not gonna lie, I haven't researched this coin. To be honest, I don't care about it's fundamentals.
This coin looks like it is potentially about to E X P L O D E.
This coin is down 97% from ATH.
Back in the early part of December this coin had an 80% rise in one day..
Volumes are rising substantially, meanwhile the trading range for this coin has narrowed significantly.
MACD has been showing bullish divergence for months, and is near the zero-line.
RSI is showing bullish divergence on the daily.
Elliott Wave theory shows a full 5 waves down with an A and B wave already complete.
This is my personal trade. I bought in at 608 and plan to cash out at NO LESS than 900 sats, unless my stop is hit.
I am expecting this trade to be very short to medium term.
This coin has A LOT of room to move, especially if Bitcoin is finding support.
Once I am in profit in this coin, I will just be moving my stop-losses up every x%. A trailing stop loss, basically.
I strongly suspect this coin will produce massive profits for those that hold longer term.
Trade is invalidated with a break below 585 sats.
The above long position is just an example. My stop loss is located just under the previous low.
Stupidly oversold:
Accumulation, anyone?
Divergences:
Closeup:
Technical Analysis Outlook - GOLD - XAU Gold Spot / U.S. Dollar Sun 13.Jan.2019
Ticker: XAUUSD
LAST= 1,287.41
Gold Spot $/Oz movement during the last few days showed a Bullish move, with a recent high price seen on Fri 04.Jan.2019 at 1,298.62.
During the next few days the price is expected to see a downward correction to 1,275.00
But as of now, as long as the price is trading above 1,275.00, its recommended to ' BE LONG ' for a targeted price of around 1,315.0 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 1,255.00
Res_2 = 1,300.00
Res_1 = 1,290.00
Sup_1 = 1,280.00
Sup_2 = 1,270.00
Gold went parabolic. I am shorting it.Hello fellow warriors (warriors only for this bet).
What a pump! Those that know no fear might want to try this.
I believe we are arriving at the end of wave 5:
Gold might have exploded up, but this does not matter to me.
Wave 5 is the extended one, typical when 1 and 3 are of similar sizes, it is typical for 5 to go to 1.618 and we are approaching this area too.
Price is topping, or is it? Might explode. But I think if it explodes it will not have much follow up.
Also, do note this:
We crossed some moving averages but it does not mean gold is bullish, look at the past it often goes above for a short time then falls below.
And when you zoom out you realize how important that level is. Plus 1300 is a psychological number.
And emmm... not sure about this but maybe it means something:
Anyway, stop asking questions, I just go against parabolic moves deal with it :p. Gold will probably fall. EW & market cycles say so. I have seen this so many times.
Risk reward probably not too high (will make avout what I risk), but the odds are high.
As for a target, as always I do not have one, we will have to follow gold once we take the trade, so for me from now to the following days.
But it will be at least 1250 (3000 points 3000$/future or 30$/contract for the poor ones if your broker has the typical setting).
There has been "bad news" for gold, weird it has not gone down, no one cares, or heard yet I guess.
I am praying we hear some big buyer say they drop gold for copper fake gold replacement.
Maybe the spike is just the initial reaction to stocks being bearish. Or it is not really correlated (like most of the time).
Out topic, my broker: "The maximum number of contracts per click (trade) for XAU/USD is 10,000." That's 100 futures :D
Not too much to worry about scaling here :D
Income-making payments. MTL/BTC analyticsBUY: 0.00007000 - 0.00007200
SELL: 0.00011100 - 0.00011200
STOP-LOSS: 0,00006950
Support: 0.00007150
Resistance: 0,00009770
Metal (MTL) is a p2p platform for exchanging fiat money for cryptocurrency. A wallet application was developed where users can carry out real-time transactions.
The main feature of the Metal (MTL) platform is its PoPP (Proof of Processed Payments Protocol) algorithm, thanks to it each network user is rewarded for any transactions within the network with MTL tokens.
First of all, it should be noted that at the beginning of June in one day (from the 8th to the 9th), the volumes dropped 10 times at once. It began to recover only in early September but did not return to the previous index, and are unstable. The November fall followed the market, on reduced volumes. This suggests that the buyers lost interest, and not about the mass sale of the asset. There are big transactions appear periodically, and the token then stays in the portfolios. The asset is characterized by sharp jumps in prices, which have no obvious connection with the news background and market sentiment. This, in combination with the anomalous fall in volumes, may indicate a possible rate manipulation. The point of entry into the asset lies within 0.00007000 - 0.00007200, slightly above the support line at the level of 0.00007150. Be sure to put a stop-loss - 0,00006950, because below this zone appears the probability of updating the minimum of 0.00005680, formed on November 20. The resistance line is at the level of 0.00009770. The zone of closing a long deal is in the range of 0.00011100 - 0.00011200.
The minimum growth potential of the token on the chart is 270%. It is worth considering that the project may be under pressure from many competitors.
[MTLBTC] Metal Round 2 [400% PP]Metal is going for a second round, this time with more momentum and potential. This is a very low risk trade.
Here is the chart:
The RSI is already on the bullish zone.
MACD is having a bullish crossover.
EMA10 being broken (confirms after daily candle closes).
Great chart structure (weekly)
Weekly chart:
Metal (MTLBTC) by Alan Masters - Trade Instructions
Buy in: 0.00000920
Targets:
(1) 0.00000895 - Target hit 28-Nov. (+27%)
(2) 0.00001111
(3) 0.00001911
(4) 0.0000276
Note: Additional targets, for short term, available on chart.
Stop loss: Close weekly candle below 0.00000565.
Capital allocation: <10%.
MORE OPPORTUNITIES WILL ALWAYS COME
This is just the beginning, of something that we had before.
More opportunities are already available.
Many more opportunities will come.
Namaste.
We Made 32% On Latest $MTL Post, We Will Buy Again!You can check that my published chart on $MTL was really on point, even at the moment the support line drawed correctly. You can check it here:
At the moment I think it's very juicy to get my first entry. 10K sats to 10500 sats is the best range.
The closest targets are 11K sats, 11.6K and 13.2K sats.
Ciao adios! Enjoy.
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
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Short-term Rally Will Occur on $MTL. Do You Wanted to be Onboad?Hello there, MTL or as it's stand for Metal / Metal Pay has release their very own app days ago and charts juicy on the buyzone after the recent pump. Sitting at my very support for retracement. Looking for target on the yellow line. If you're on board, just let me know in the comment section.
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!