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MTLBTC trade ideas

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
Potential 100% gain, Fractal event happened on Aug 31Simple price projection Stop loss is identified as of right now is somewhere between 930-938. It appears that this coin is finding its bottom. We now in a broadening triangle, which means we still need to have abc pattern to get somewhere moving. IT does not have to be the ABC pattern that i have identified, but it might we already forcing and A-B now, and soo will have a C wave. Fractal event has occurred on Aug 31, so that is good, means that trend reversal is possible. Other Fractal Dates are: Dec 11, Jan 2'19, Jan 17'19, Feb'19 Good luck everyone ;) **LEGENDS** BLUE = Bear/Resistance Yellow = Bull/ Support ~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/ If you want your coin to be analysed, JUST ask. If you got a question, ASK away! And please keep those Stop losses in place! Fractal dates are moments of interest, where price and time collide to create oscillation. These fractal events are identified as dotted vertical lines. Thank you, Ajion
Long
by Ajion
3
[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
MTL/BTC it reached the bottom?After huge dumps in May, Metal seems to regain some strenght. Volume is steadly increasing, and it seems like that curve would go upwards eventually. ----------------- DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss. If you like my charts, follow me on Twitter or Steemit.
by Voytech
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
Hard Metal RocksI've been in this trade since 920 and now moving my SL as close as volume isn't suporting further grow and proves my concerns. From that point it may test resistane at ~1020-1035 and fall back to ~980-990 without any fighting before taking another chance for its next target at 1150. That will be approximately 17% profit. Be carefull as this coin is only reversing and is still in downtrend on day chart. If it goes below 980 wait for the next target ~930-940 to hit. If go below forget it.
Long
by WiseAnalyze
My $1k to $100k Challenge: Day 43 - Trade #46 MTLHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. After 43 days and 44 completed trades: Wins: 19 Loss: 25 Balance: 0.1541 B USD: $ 1034 *Some trades may be pending and not yet included in my stats There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow. CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge. If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart. Alright, here we go with Day 44 trade #46 I invested 0.072 B into MTL. I bought 722.89 @ 996 satoshi My Sell targets are: T1: 1044 5% T2: 1093 10% T3: 1144 15% I will sell 33% at each target. After a target is hit, that will become my new SL. SL: 919 In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all. I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey. Your comments, agrees and disagrees are always welcome and appreciated. Thanks for stopping by and have a great day!
Long
by redking75
4
INVERSE H&S -MTL/BTC 15M (9 AUG 2018)Chart: It seems that a wild inverse head and shoulders appeared! -Light blue line will be the guide I am using for the break in trend to sell if targets are not met first. -Orange line will be target #1 for securing profits. -Yellow line will be target #2 for securing profits. -Purple line, a close below this line more than likely represents a failure of the pattern to launch. RSI: Orange line showing that this is a support/resistance level. STOCH: Showing signs of wanting to hold a support around the 20 mark. 30 MIN AND 1 HR CHART: Showing us some signs that this will be a weak reversal and not to expect a long run. Optimistically, we can look forward to a completion of Elliott Waves and then look forward to moving somewhat sideways. Entered Trade: 0.00001286 BTC -Initial Stop Loss: Close below purple line Target 1: 0.00001360 BTC (orange line) -New Stop Loss: 5 min close below the light blue trend line Target 2: 0.00001381 BTC (yellow line) Remember, don't drink and trade...always ask someone to hold your beer first! DYOR and goodluck!
Long
by NeoTidus