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
MTL / BTC Flag forming. Have some more consolidation to do but we're sitting on the bottom right now it seems.
As long as we hold support.
MTL - Strong support running into decending resistance...Something has got to give! Good coin, focused on mass-adoption.
ICHIRAKU SPECIAL: METAL (LEE) CUP AND HANDLECup and handle formed on MTL, price and volume surge confirm it. Things are turning bullish fast.Target should be .0032.
Metal - MTL Trend Reversal??So Metal is a project that is new to me. It is a recent token off of Ethereum, and apparently they are alpha testing their system with a small group of holders and members of their chat community. Their website has an allstar team from all kinds of industry leaders in their various fields. To be honest though, I still need to research them a lot more before I decide if this is a coin to hold long term, but in the meantime, things looks up for MTL assuming Bitcoin doesn't do anything crazy again.
I usually don't like tons of indicators on charts, but for this one, I saw many signals pointing in the same direction.
1. Fast (9) EMA has caught up to price and is now acting as support. Slow (30) EMA is getting there and is currently a resistance line. A crossover looks imminent.
2. A slight RSI divergence as well as double bottom both hint at trend reversal and upward price movement.
4. MACD, still in bearish territory, but there has been a crossover of signal line and histogram is positive.
Possible that MTL will move in a new direction. I've bought a little to get my toes wet.
Let's see...
www.metalpay.com
MTLBTC on BTRX $5.50 USD Target08/03/2017
MTL can break out to $5.50
-Two levels of support
-Trading above the ichimoku cloud
-Stoch RSI turnt up showing strength recently
-Upcoming fundamentals expected.. Wallet release in August/September
-240,000+ in revenue waiting for Metal use case
