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MTLBTC

[MTLBTC] Metal's Profit [620%+ PP]Metal (MTLBTC) hit bottom on the 22nd August and has been in an uptrend since. Several signals are pointing to additional bullish action coming soon. Let's take a quick look, and trade for profits. We have several signals to look at here: On the left side you have the daily chart. You can see the MACD on the bullish side and the price on a clear uptrend. MTLBTC is now trading above EMA10 and EMA50. RSI is bullish and moving up with good momentum after coming out of oversold. Huge increase in volume, this is for the daily time frame (TF). On the weekly TF (right hand side) volume is extremely high as well. The highest volume since this token was added to Binance back in 2017. You can tell by looking at the last green bar at the far right. Clear bullish crossover on the MACD. RSI and STOCH are both oversold. If we go back to our hammer candlestick trades/learning, we can be reminded that an oversold RSI and STOCH after producing a low, creating a hammer at a bottom of an uptrend, followed by a strong bounce with good volume, all support bullish growth; which for us means green money. Yes I talk about money all of the time, that's because I recognize its importance as a tool to be used in this reality. A tool that can help us better exprese ourselves and allows for more growth, freedom, security, opportunity, choices and comfort in our lives. Money is good. Be grateful for it, accept it and be wise spending it... Let's continue with the trade. Metal (MTLBTC) trade by Alan Masters Buy in: 0.000106 - 0.000116 Next support: 0.0000920 MTLBTC Targets for Alan Masters: (1) 0.000148 (2) 0.000153 (3) 0.000181 (4) 0.000198 (5) 0.000244 (6) 0.000312 (7) 0.000414 (8) 0.000516 (9) 0.000628 (10)0.000836 Stop loss: Close weekly candle below 0.000830. Capital allocation: <10%. THANK YOU! Thanks again for reading. Thanks again for the amazing and continued support. Thanks a lot for following Alan Masters. All I wish is for you to make more than a living trading these coins. Namaste.
Long
by AlanSantana
6
MetalPay giving 40% of the tokens to usersMetalPay (MTL) is a payment system that enables users to transfer fiat or cryptocurrency peer-to-peer, using just a phone number. It is similar to the PayPal and is available to the US users. At the moment it is fart from reaching mass adoption although MetalPay team is making steps to increase the use of MTL token. Yesterday it was announced that Metal will be giving away $18 Million, equivalent in the MTL tokens, to their users. This is a 40% of the total token supply, which will be distributed through the MTL proof of processed payments mechanism. The reaction to this announcement was a 14% drop in price against the Bitcoin. The price dropped from 10,500, down to 9,000 satoshis, where it rejected the 88.6% Fibonacci support. But, at the same time, this fall in price could simply be the trend following of the Bitcoin, which today fell by 4.4%. After the support was rejected cleanly, a correctional move up started. MTL/BTC gained back 11%, reaching today's’ high at 10,000 psychological price. Such a precise bounce off the Fibonacci support level might imply that there is more room for upside correction. Metal token can be heading towards the key resistance at 10,500 satoshis. This is the price where most trade volume has occurred over the past 3 months and also the level where price broke below the uptrend trendline. The key resistance should be an important price level to watch in the near future. If MTL will rejected it, range trading or a downtrend continuation can be expected. But the daily break and close above might be interpreted as the first signal of the beginning of the bullish trend or at least a stronger correction to the upside. On the downside, daily break and close below the 9k satoshis level will invite more short-term sellers, which are likely to push the price down to 8330 satoshis support or even lower. Support: 1. 0.000090 2. 0.000083 Resistance: 1. 0.000105 2. 0.000114 3. 0.000121
by CryptalDash
3
MTL Rocky Mountain High - Peak 1 - Upcoming TrekGood evening! I can't say enough good things about this project. Hands down one of the best applications in crypto. Metal Pay is on its way to being a great project fundamentally. This chart and project have convinced us that it's time to pack our bags and head out onto the trail with Metal. Let's get Rocky Mountain High rockin full Metal jackets... Before we start trail blazin, ideally we want Metal to get above the 100 EMA to activate this trade. With a nice close above the 4h we can enter with a stop below the 100 with a target above the 200 EMA. Assuming BTC behaves, we should be able to make it up to Base Camp fairly quickly. Work your way between camps my friends and enjoy the trail ahead! Base Camp - 1111 (lucky elevens!) Targets: Camp 1 - 1225 Camp 2 - 1315 Camp 3 - 1390 ime Frame: Short Term (within 1 week) Remember to take profits at targets and ladder buy on the retrace. Don't FOMO! Wait for the ideal price to come to you. We can gauge good buying prices in shorter time frames utilizing our Stochastic indicator. Trades are all based on BTC being flat or increasing. Most decreases in BTC lead to Alts following suite. If BTC falls it is recommended to exit alts to reduce the potential risk involved after the volume we've been experiencing. Enjoy the adventure! May your stack see blue skies and brighter days! - CK Join us on Telegram! Telegram Chat - t.me/rockymountainhighchat Telegram News/TA Channel - t.me/rockymountainhighnews Disclaimer: This is not meant to be trading advice but rather for education and analysis of the cryptocurrency markets.
Long
by MrMystic
[MTL/BTC] METAL COULD BECAME GOLD [ 100-500% POTENTIAL PROFIT ]#MTL / BTC ( Binance ) Buy Range : 0.000101-0.000103 Stop Loss : Below 0.000095 ( Day trading ) Target 1 : 0.000198 Target 2 : 0.000305 Target 3 : 0.000510 WEEKLY CHART - MACD rising and near to cross ( Positive ) - RSI shows oversold and trying to point up slowly ( Positive ) - TD sequential shares a 9 with a good volume behind ( Positive ) DAILY CHART - MACD going up and shares good ( Positive ) - RSI downtrend has been broken ( Positive ) - Ema 20 support price action ( Positive ) - MA50 need to be broken to confirm reversal ( Negative ) - CCI remains Green ( Positive ) 4H CHART - Bottom retested at 0.000085 ( Positive ) - After bottom reached sideways and accumulation started ( Positive ) - Some good volume action ( Positive ) - MACD crossing and sharing good ( Positive ) - CCI turning into green ( Positive ) - Candles over moving averages ( Positive ) - Ichimoku cloud broken and is below candles ( Positive ) CONCLUSION According to different indicators, some altcoins started to share some nice setups two/three weeks ago....But, Bitcoin still on downtrend making very hard to trade altcoins in this bear market. Any kind of breakdown of Bitcoin could invalidate any technical analisys aboit any coin making useless any coin overview. Also, lack of real buy pressure makes harder to hold longer positions because traders will be taking profit so fast. MTL is not free of general market overview and any bad scenario for Bitcoin could make bleed this coin again. However, last month has been "good" on MTL like accumulation scenario and it already ignored any market fluctuation sharing some positive signs of If you like Fundamentals, this coin got a lot of work behind ( you can develop by yourself ). Also, some rumours about to got relisted on Bittrex ( where it reached x30 price against bitcoin than now ) I have no doubts that MTL will fly on a bull market and this position is very interesting to invest. Good luck
Long
by MikeCryptoSignals
Metal (MTLBTC) is primed for lift off as big money accumulates..Metal Pay ( BINANCE:MTLBTC ) was delisted from Bittrex and saw the price get smashed to an all time low. They are one of the most undervalued projects in the space in my opinion as they've been hard at work with one of the most functional apps for crypto. After having seen their iOS update at Consensus first hand with the CEO, I can confirm it's legit. TECHNICALS : We've got an MA cross over on a short time frame. Inverse head and shoulders forming. Rising RSI with a swing low failure. Massive volume moving in on the daily. FUNDAMENTALS: Metal Pay release within 3 weeks US launch in 39 states, EU soon (Word is they've received approval for money transmitter license.) UX design by ex-Apple employee ATH at 300k, x30 from here Bittrex relist once app launches MTL ticker change Building Metal ecosystem (Vault, Desk, Crumbs, Pay, Merchant) CREDIT: DominatuX10 for tweet on MTL news. Thanks for reading.
Long
by jacobcanfield
2