MTL/BTC Long! Volume, Divergence, OpportunityI zoomed very far out on this Daily chart , because I wanted to show how much buy volume has come in... Semi-Bullish divergence: Increase total volume indicator (OBV) but not a noticeable increase in price. We have had more single-day buy volume recently than in MTL's entire history. I say either this coin rises in the short term or it's as good as dead to me. But... if it's as good as dead why is someone buying it?
They have a working app, good social media presence...
I remember charting this coin several months ago, at 6k, 4k, etc. This coin can pump! If you're in, you're in. If you're out, you're out.
Bitcoin be damned.
I am not posting TPs here, but you can sell at the *not precise* resistance levels in red if you want and call them TPs. I am seeing a longer term trend here, and don't want to sell out too early.
Good luck!
MTLBTC trade ideas
MTLBTC 1D - Looking back in history!BINANCE:MTLBTC in history looking to make a run-up of ±35% with OBV looking strong and BULLISH. This is a long term perspective but it's definitely worth looking at with its state right now.
What do you guys think? Let's discuss your ideas. We
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~ Steazy - Signing Out!
“Great things happen to those who don't stop believing, trying, learning, and being grateful.”
― Roy T. Bennett, The Light in the Heart
MTL promiss more than 75% profits in mid/long term
Hello everyone. Another altcoin has a chance for starting a good uptrend - MTL -11.99% . It has been moving in a parallel channel for a while and currently is at the floor. I recommend watching it closely and wait till it gets to 1100. If it gets over it there is a good chance it will go fast to 1900-1950 as there is no resistance on the way. It is more than 75% profit. Next targets will be 2970 - 3670. To the moon!!!
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
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Telegram Chat - t.me/rockymountainhighchat
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Disclaimer: This is not meant to be trading advice but rather for education and analysis of the cryptocurrency markets.
MTL - Wedge - Looking for Breakout?- MTL has a nice falling wedge pattern forming.
- Increased Volume.
- Looking for a breakout.
- I set my buy order for .00001060
Usually, when MTL takes off, it will hit a lot of targets.
This is just a suggestion. I am not a financial advisor and you should always do your own due diligence.
MTL looks Bullish - MACD is about to Cross - Increased VolumeI like what MTL is doing but from a short-term perspective, when MTL goes off it can hit a lot of Targets fast.
- MACD is about to Cross
- Took a double bounce on the support line.
- Increased Volume throughout the Day.
This is my opinion of a buy signal for MTL. Make sure to do your research and due diligence before investing any money.
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
$MTL about to breakout (potential 500% gain)MTLBTC is a great medium - long term play with up to 500% increase. Fundamentals are great with Metal Pay release incoming (might be today!). Got my bag in the 9k zone, first target around 19-20k, second target around 26-28k short term. Medium term target, depening on BTC, will be 45-50k (500% increase by then).
[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
MTLbuy zone and targets on the chart. 'Metal Desk is Metal Desktop, the advanced version with full banking functionality, OTC and trading features, multiple currencies, key management (hardware and institutional custodial), banking functions such as loans, international wires, investment and more.' METAL PAY is coming in summer apperantly. someones buying it anyway.
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.
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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.