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Mtlbtclong

METAL - Possible Reversal Area, Early EntryTaking a look at MTL's daily BTC chart, I like the set up we have in the making. MTL had a great break from its falling wedge, gaining ~250% from its lows. Since that high, the price has hit the .618 retracement level and is finding support on a previous key level of significance. The price appears to be rounding as our lower lows are getting closer in distance, which is suggestive of a possible reversal in the near future. The daily MACD also shows support. But in all fairness, I would like to see a more evidence of a bullish crossover suggesting that this support level will hold. I think with the daily MACD so close to the zero-line, we could see a significant bull run on this next wave. If you look at all previous times the MACD crossed the zero-line, there were strong bull runs. This would be an early entry with the potential for substantial gains. I've set some areas of resistance, which I think would make good target areas. They're color coded in terms of likelihood of being hit.
Long
by jpbrown1023
MTLBTC formed bullish Shark | Upto 11% profit possibilityPriceline of Metal / Bitcoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Price action is getting bounced from bollinger bands support. Volume profile is showing less interest of traders at the end of PRZ level and MACD is turned weak bearish but Stochastic is oversold and did not give bull cross sofar so for secure trade we can wait for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00004495 to 0.00004390 Sell between: 0.00004631 to 0.00004886 Regards, Atif Akbar (moon333)
Long
by moon333
MTLBTC after hitting the support indicators are turning bullishPriceline of Metal / Bitcoin is moving within a wedge and hitting the wedge's support. This support should be used as stop loss. The price action has hit the strong support of 100 simple moving average and likely to fail breakdown this support. Volume profile is showing less interest of traders here. Stochastic has given bull cross from oversold. MACD is turning bullish . RSI is already oversold. I have used Fibonacci sequence to set the targets: Sell between: 0.00005284 to 0.00005870 Regards, Atif Akbar (moon333)
Long
by moon333
1
MTLBTC a breakout expected | Upto 780% profit possibilityThe MTLBTC is moving within a pennant and now arrived at almost end of this pennant. Since Nov 2019 the pricline has found another support above the pennant's support and hitting that support at the moment. The bollinger band is showing sideways movement since Nov 2019. Stochastic is oversold and already has given bull cross. The MACD has given weak bullish signals. The price action is gearing up to hit the sell targets soon insha Allah. The sell targets are: 1st target: 0.00027 2nd target: 0.00034 3rd target: 0.00040 Final target: 0.00050 Regards, Atif Akbar (moon333)
Long
by moon333
2
MTL/USD BULLISH BREAKOUTI believe Metal MTL has reached i'ts bottom and is now ready for huge pullback 0.6 - 0.7. Looking at the chart we can see on all timeframes huge increase in buy volume resulting in a significant rise of the price. Also looking at the VWAP(Volume Weighted Average Price) Indicator we can see the price is constantly above the white line which tells us we are in an uptrend. Lastly we have MACD crossed over the signal line which is bullish. We are currently at the ATH in the last 2 days, with huge volume and buy orders pushing this price to the resistance level of 0.52 After the resistance is broken in the next few days MTL should attempt 0.8 resistance.
BINANCE:MTLUSDLong
by cryptomazzi
6
Daily Bullish Signal $MTL #MTL #MTLBTC #BTC $BTC (3 May)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
Long
by CryptoStation