Metal about to go down after breaking key trendEverything is on the chart, feel free to ask any questions. For more complete analysis like that, simply follow me, I will post A LOT of analysis so you can make money with me ! :) Thanks for your support!
Metal
METAL and Freestyling with Moving Averages. MTL/BTC
MOVING AVERAGES= blue7, red 21, yellow 77, white 243
How to freestyle on a Fibbonacci using Moving Averages, We are looking at a Doge and everyone knows a Doge turns itnto the McDonald's Golden arches or it's like a cup of joe upside doen lol. So Here is were the 243 line comes in. If it drops below that and if the 77 drops below the 243, than we are in for a long recovery. Lets hope itbounces and corrects.
I love Metal I was lucky enough to spot it hitting the Bittrex exchange at 3 am EST and for the next 7 hours I bought and sold about 20 times because IDK what it was. I have been trying to catch it ever since. I have never seen an ICO with a team like theirs. They have admins from Visa, Amercan Express, Apple, etc.
The CEO wants to eventually solve the Cannibis/Marijuana issue between the Dispensaries and the Federal Banks. If anyone knows that situation than you know that there is big $$$. So a great company Yes. Can it recover? IDK?
But my money is on yes and I think this is great to watch.
40% return with METAL COINMetal coin is on a correction phase of an uptrend. Limit order as described (with a stop loss in place). Target when it reaches upper channel as shown. GL.
MTL/BTC potential run to $15-$18 USD or in BTC .004Fundamentals:
-Metal alpha closed wallet testing screenshots were released and they look very impressive.
-Soon they will begin on boarding their clients as there have been over 140 signed agreements for medicinal marijuana companies to implement Metal for payment processing. This alone will generate over $200 million in revenue for Metal right off the bat.
-Strategic partnerships including banking agreements have been announced and we can expect something great to come out of Metal because of this.
-Again, MTL shines in a time when it's a bloodbath for most alts.
Technicals:
-Lots of respect on trend line
-New market cycle after going sideways for a bit
I believe we will see $15-$18 USD MTL in September. A recent run up to $13 was only a teaser. Stay tuned and be sure to keep an eye on this coin.
Looks like a top 10 crypto coin coming in 2018.
Decision time for MTL Does it continue in the downward channel, or does it respect the upward trend support line and breakout of the bull flag? I'm betting on a breakout. Fundamentals behind this project are strong, and I don't see the price getting lower than this ever again.
MTL/BTC METAL! Buy before its too late!One of the better setups I have seen in a long time. Strong crossover of conversion and base line. This is signaling towards a higher price in metal. The overall bias has been bullish and I believe this is ready for take off. This can easily double in a short duration. It has been an extremely stable alt. Great short and long term investment.
MTL upcoming bull runMetal are testing their beta and will release soon. These news should confirm the uptrend and we will see a bull movement to 0.003-0.0032 area. But at current moment there is a local downtrend so I am waiting for entry point.
If 0.00208 resistance zone holds - enter there, otherwise enter at local downtrend break (~0.0018 I guess).
XAU/USD moves exactly as expectedThe yellow metal’s price movements in the past trading session have become increasingly easy to forecast. Moreover, the future also seems clear.
First of all, the bullion has revealed the medium term ascending channel’s borders, which help to predict when the metal will reach above the 1,300 mark. Secondly, the commodity price has reached above the 1,290 mark and touched the 1,295 level on Friday.
In the near future it can be expected that the metal’s price will surge above the 1,300 mark. However, that can be hindered, if the new weekly pivot points on Monday obstruct the surge.
GO LONG $MTL -- METALPAY POISED FOR A BULLISH RUN, BUY NOW !In case you didn't see, CNBC's Brian Kelly included MetalPay in his portfolio during his coverage of cryptocurrencies on the TV show Fast Money. The $MTL team also announced the alpha release of their new client, "We are very excited and proud to announce Metal alpha release now live as of 8.18.17." Metal is one of those coins will a growing community and a lot of enthusiasm surrounding the project. Users are reporting positive feedback regarding the Metal wallet and with institutional praise from investors like Brian Kelly, don't be surprised to see the coin moon in September.
XAU/USD set for more gainsIt can be observed on the hourly chart for the yellow metal that the bullion broke out of the descending channel pattern to the upside. Due to that reason it can be assumed that more gains are to be scored, as on Thursday morning the commodity price fluctuated just below the 1,280 mark. The 1,280 mark seemed to pose some sort of rather weak but still notable resistance.
This recent breakout, which was initially not expected, occurred due to fundamental reasons. The recent quarrels between the United States and North Korea have created a sort of run to safety. Moreover, it reversed the recent fundamental strengthening of the US Dollar after the JOLTS Jobs Openings release.
Driving Through All The MA'sGold is currently in a strong mood. Macro economics wise it is really a short, because of the strong markets. It could be debated that gold isn't just a harbor used when the sea is wild. In any market it's obvious that there is a lot of money out there that needs to be invested. So I dare to go in long on gold these days.