MTLBTC trade ideas
rejected at the breakout update on $MTL, got rejected at the breakout from the descending triangle.
Currently retesting EMA50, Both RSI & MACD bearish...
UCTS showing a sell signal on the daily. Volume decreasing.
If EMA doesnt hold we should aim for lower trendline of the triangle... #MTL
$MTL set up ideabuying some MTL here
consolidating on this support after breaking this resistance
next leg up can be massive
Yuge Metal pump incomingMetal has hella room to retrace from its all time high. Seeing the recent 60-200% pumps on certain coins and the alt season right around the corner MTL is prime for a pump, I personally have my sell order at .0002422 but smaller targets include .00014/ .00016/ .00019 Anywyas this is not financial advice and if we see movement it should be within the next 3 days max but i would not be suprised to see it break local resistance in the next couple hours.
Metal (MTC) something really BIG is comming! 100% to 250% profitBINANCE:MTLBTC
BITTREX:MTLBTC
Let's take a look at the weekly and daily charts in MTL.
Weekly:
+ Both possible long-term downtrends have been broken in recent weeks.
+ The price has already exceeded 20MA and is currently serving as support.
+ The volume has been the bigger since 2017.
Daily:
+ Large bullish divergence already confirmed at the MACD between June and December, the MACD is in a strong uptrend even with the price walking sideways and has already surpassed the 0 line continuing to point upwards.
+ RSI is in a strong uptrend as well as MACD.
+ Large volume accumulation pointing out that some great upward movement is about to happen in the coming weeks.
+ 20MA has already crossed over to the 50MA and both are about to touch and cross to 200MA.
+ The price is above 200MA and should break in the next few days.
Need I say more? This is one of the clearest reversals I've seen in the last few weeks, I expect big profits on this call, lets ride it?
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MTL/BTC Looking BullishDaily Chart for MTL/BTC showing signs of strenght, with a lot of volume and trading above ema 9 1d, found good support and almost no resistance until 1150 satoshis.
Metal (MTLBTC) Opportunity for Profits Pt.2Just a quick update.
Turns out I was pretty accurate.
The market moved within the pattern I drew and if you went in on the support/entry zone I indicated and put a sell order on the ceiling of the triangle,
that was an easy 10%.
Congratulations on the profit if you followed my trade.
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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Comment your thoughts below.
And most importantly, enjoy your day!
Crypto Eye Team
------------------------------------------
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.
Is MTL Actually DeadI've read countless times that MTL is a dead coin and company, and while that maaaay be true, there is definitely something up right now. Just look at this volume, and whats more, our Buy/Sell pressure indicator is saying that bears have been losing momentum for a while now Confirmation of bullish action should come if MTL can break the read down trend line.
METAL - Testing Resistance, Looking to Break OutA lot of volume at the moment. Let's see if MTL can break through this resistance.
$MTL revving up $MTL just getting started:
On the daily:
- Kumo breakout impending, chikou not far behind, waiting on kumo twist
- Ridiculous volume during the past weeks
- Alts pumping
- Setting high targets ala ARK.
Metal (MTLBTC) Opportunity for ProfitsThis is a small-cap market trade for quick profits.
Here I loaded up the 4h chart. We can see an ascending triangle has formed.
RSI has also formed an ascending triangle.
Next move is likely going to be a down move to hit the next higher lows.
After a downtrend, wait for a clear reversal then go in on the trade.
Just by trading within the triangle, 10% profits is possible.
Set a stop loss to minimize losses in case the pattern breaks the pattern.
If the pattern breaks, stay away from the trade.
I'll come back with an update.
MTLBTC with crazy huge potentialsHello guys MTLBTC is warming up for huge crazy moves, guys act on this gem before it fly.
Kindly follow the suggested Buy zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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Thank you
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
MTL uptrendNice uptrend since the middle of January. Totally missed it. But it is pretty manipulated with pumps and dumps all over the way. And thats what we need. But to make this deal safe need to buy at the lowest point, preferable after the reversal. I see that point to be cross of month support and lower channel borders. Of cause if it will fall down there, but indicators show it can, unless it breakout 830 without stopping. In this case I'll buy after breakout.
MTL brewingMTL looks like its due some fun run;
respecting pitchfork lines
cup and handle forming (currently on handle)
currently inside a symmetrical triangle
low timeframe (this moment) is in a little bullflag
id aim for the resistance around 900 first, then range high and then pitchfork mean line
