#METAL #BITCOIN #BITCOINPRICE #TRADING Profit target:
- 3067 Sats
- 3809 Sats
- 4744 Sats
- 5429 Sats
Metal
MTL/BTC What about alts?MTL at the moment broke falling wedge, and now is forming 2 figures: a bull flag, with the future transformation into a bearish flag, which will give MTL impulse for correction, to the newly formed support located in the area 34k sats. up to 40k sats., which is not strong enough to keep a large sales flow, so I advise you to leave a stop loss, which we also revealed using the ATR oscillator.
When MTL will start falling, we will monitor it's behaviour, namely, the oscillators RSI and Stoch. RSI. A favorable outcome described on the chart, where by RSI I indicated the next bottom, and on Stoch. RSI approximate trajectory. The Sell Zone determined combining levels of Fibo. and got the following goals: 48k-51k-55k sats.
What about fundamental:
The thing is that there are no interesting events on this platform, but maybe I'm missing something, so I'm waiting fans in comments! Therefore, we conclude that this currency is not as promising as many others, which is obvious. The idea was published for asset holders.
MTL/BTC - Scoop Up The Bottom!I see a correction coming for MTLBC . As you can see, I pointed out the correction hitting A. 1% earners cashing out, then booming after the weak hands sell.
Hold on to this for a few days, see what happens.
MTL/USD QUADRUPLE BOTTOM WOAH Long AF on this thing.
Being that MetalPay will be a fiat gateway for crypto, there has been lots of speculation that whatever entity/MM controls the liquidity of Metal, certainly measures their spread in USD; thus it is more accurate and insightful to weigh Metal against USD than BTC.
Renko chart to eliminate volume noise to simplify chart
Clearly price is about to spring board out of this channel, only a matter of when. I expect big FA catalysts to occur at any moment this summer, which could easily push MTL to new all-time highs. Marshall Hayner is clutch, Richard Branson is clutch, something something Facebook....
Platinum / USD Wyckoffian AccumulationPlatinum testing lows from the recession. I highly doubt it breaks those levels unless there's something special about the platinum market that I'm unaware of. It's showing signs of Wyckoffian Accumulation, so I'd look for it to go sideways for a couple of weeks. It's currently at the bottom of the TR (Trading Range) looking as if it's testing for any additional supply in the market. If it fails to supply demand, we should see a ST (Secondary Test) towards the top of the range to further define a zone of resistance.
MTL Bullish and levels of accumulationInteresting, on the elliot there are always 9-11 days between the bottom and the top inside the descending triangle
MTL TREND- bullish -bounce in red rectangle -target 4d:5$MTL
Marketing role: filled
Conseus: next week
Alpha updates: nice updates Version 1.0 (23)
Mainnet: ?
bittrex relisting:?
waiting for: PoPP testing app realease over the summer
GENERAL
Blockchain week new york: 13 may always good soars after the event
technical: differents failed breakouts, still in accumulation zone between lv 0.618 fib (5.67$) and lower resistance( 3$). Nice descending triangle
Metal make or breakMTLBTC currently in equilibrium, and so far has respected the upward green trend-line and has a clear break-out level defined at 6000. A break above this level would easily meet the 7500 and 10000 levels, and a break below 5000 would be bearish and would send it down to as low as 2500.
METAL MTL ----Not done yet!---Hello all, hope you are all having a great day! Markets are starting to turn bullish, especially alt coins! Lots of alt coins have have started breaking out or have broken out from their accumulation levels.
MTL was one that has been in accumulation for many long months, and has finally broken out of its tight consolidation...
I see a bullish 20/50 day crossover on the daily which has confirmed an uptrend break! Also, all ichimoku resistances have been cleared (I did not add ichi to keep the chart less cluttered)...I am currently seeing two major hurdles for METAL..
72k sats which is the first target to take profit zone...horizontal resistance...
82k sats which will be the .618 FIB resistance. Still clear for much more room for growth, but we are looking at a 40% gain! from 59k sats. I got in at 52k sats so this is a short-mid term swing for me.
I hope I have helped you give a clearer picture. I will update the chart in case something else changes, or if targets can be moved up!
Thank you all,
Alfredo
#MTLBTC #cryptocurrency steadily trending up, ready for a swinghigher. Excellent risk/reward levels of 1:4, 1:6, and 1:8 in a well defined channel up. Hasn't been affected by the recent pumps in many other tokens and may not be on many radars. While the daily volume looks good, if you look at shorter time frames like the 4 hour chart, you'll notice some odd behavior here in the volume, which you don't see on other exchanges. Not sure what it's caused from since it's only an observation right now.
Choppy volume:
Either way, good entry here, possibly add at the trend line test.
METAL - Buy Opportunity - 121% ROI - 6.6:1 Risk/RewardReasons to buy using a STOP LIMIT order to BUY when prices cross the consolidation zone:
1. Valid break-out pattern with a clear consolidation zone
2. Increase in volume prior to break out
3. Long accumulation period
4. High return on investment (121%) with massive 6.6:1 risk/reward
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial a
Metal in good shapeSeems like a good opportunity to make a small buck.
Enter in the support(lower) line, sell the entry at upper (resistance) line. Let the rest ride.
$MTLThe basing phase for Metal (MTL/BTC) has patterned out a very nice looking symmetrical triangle that divides well into ABCDE waves. This took nearly four months! Since Time is not a reflection of sentiment, unlike price; it can't be projected very well. However, the breakout into wae 1 seems solid and the current minor sideways action should end soon for wave 2. The remaining waves 3,4,5 should provide a 0.618 ot 0.78 retrace of the whole correction.
METAL ($MTL)A Fundamentally and Technically strong coin, Metal has a working product currently testing in the alpha phase. The product could be released publicly in a beta at any moment which would accelerate the breakout in price.
Metal has broken out of the accumulation zone is making a run up to resistance, this time around I'm expecting the price to breakout. 2-3x potential.
MTL/BTC Metal What do you make of these repeated volume spikes?Incremental Metal volumes spikes
4/6 @ 9:00 MST
4/7 @ 18:00 MST
4/8 @ 20:00 MST
4/10 @ 6:00 MST
4/11 @ 10:00 MST
4/12 @ 11:00 MST
4/13 @ 11:00 MST
The Rise of the Silver Surfer Part IIIMultiple 1-2 combinations will soon break out like a rocket. Buy anon & hodl physical!
In Venezuela you can buy food for 3-6 month with 1 oz of Silver and with 1 oz of gold you can buy a house.
Same situation in germany after world war.
At the moment there are over 43.000 applications where silver is used in chemistry, industry, healthcare and economy.
10 more applications are added every day. Silver is antibacterial so more and more stuff like clothes and
healthcare products are coated with silver.
Silver is the metal with the highest electrical and highest thermal conductivity of all metals.
So its used in every smartphone, computer, solar panel, car - in every electronical controlled device.
-> Silver is one of the first metals which is running out in 12-20 jears (depending of div. sources).
Nasa ist using colloidal silver as antibiotics for astronauts.
MTL surpass resistance and go upMACD looks good on most time frames.
We are repeating history and starting to trade above MA 50.
Do your own analysis before trading. :)
