Metalpay
Metal Pay - H&S?A potential H&S might come into play in the next hours, which could take the price all the way down to $1.10.
We're holding this uptrend since late june, right now we're testing this trendline and also a fib level.
A bounce here and a breakout from this speculative triangle should take us back to $2.00 for the short term.
Keep an eye for next move, wait for retest then long/short. Tight SL and TPs along the way.
2 year consolidation breakout on MTL / USDMetal has been trading in the 25 to 40 cent range for almost 2 years.
it's a 30 million marketcap with ~30 million $ in daily volume as of posting this.
Main resistance selling points will be 70 cents and $2.40 after this gets going.
MTL/BTC _WEEKLY, BAT PATTERN AFTER BULLISH BUTTERFLY, ABOUT 4-5XAfter completing a bullish butterfly pattern, it exploded up to test the 0.382 and then retrace to the 0.886 setting it up for the leg up for a bat pattern. However, if current bottom doesn't hold, it would fall to the 1.13 extension to form an Alt Bat pattern. The R/R with an SL looks super amazing right now.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
Metal Pay- MTLUSD - Great Buying Opportunity-350% Gains ExpectedMetal Pay MTL - MTLUSD Great Buying Opportunity Coming Ahead -
350% Gains Expected! - Don't Miss This One.. :)
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been conformed.
Target Profit Range - 0.43-0.86
TP 1 - 0.43
TP 2 - 0.56
TP 3 - 0.73
TP 4 - 0.86
Buying Zone! Long Position
Early Entry Trigger Point - 0.23 -.026
Ideal Entry Trigger Point 0.16-0.19
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point 0.341 you can still make 26.5% profit till TP1 is reached, however there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like and follow , If you like my analysis :)
Metal (MTL) -1:6+ Pullback Trade @coinselorIt is really hard for me to see a sound trade idea with a 1:6 risk-reward ratio and not take the trade. Again, not a fan of buying pullbacks but sometimes it is the right play.
Will it be right this time? I don't really care, I place the trade and forget about it.
BINANCE:MTLBTC
Market Cap:
$18,251,157 USD
2,127 BTC
MTL TURBO LONG THIS MF!! BUY NOW. SAY LESS!!This is the long of all longs.
Falling wedge, clear RSI trend touch.
Daily Ichi Hit.
Extreme upside potential.
Buy Now.
Say Less.
ALL I KNOW IS PROFIT:
Entry: 3600-3650 sats
Target 1: 3919 sats
Target 2: 4208 sats
Target 3: 4770 sats
WE DONT HIT STOP LOSSES, WE HIT TARGETS !!
Metal - Price will catchup Fundamentals soonUnlike useless protocols and projects in Cryptospace, Metal has emerged as a real business driving crypto adoption through its Metal pay which available on iOS and Android.
Metal is consolidating right now, Bitcoin baby run has lately has crippled its rise but it will be one of the big altcoin to watch out for.
Daily Bullish Signal $MTL $MTL #MTLBTC $BTC #BTC (17 April)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
======================
My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the direction I drew. I will always try and practice until PERFECTION is MY OWN
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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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.