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MTLBTC trade ideas

MTL to 32.5K sats for a true bottomHere MTL has broken the daily trend, retested from the downside and is making progress towards a new bottom to reverse from. The recent low is unlikely to support it again. A close under 42k is likely to lead to an acceleration towards the bottom setting up a strong reversal into a new trend. The next logical call for the bottom is at the Fib line near 32.5k around the all time lows on this chart, although there are scenarios where the price falls even below this low level. For all the Bearish indications on this chart MTL is one of the better projects in crypto with all of its major catalysts in the relatively near future. Therefore this is a chart to watch. My suggested entry occurs after the formation of a strong reversal on the candle on the daily chart, although starting a bag of MTL at 32.5k satoshi can only work out well in the long run.
Short
by CricketScores
MTL in symmetrical triangleWe have got a coin that didn't increase that much with the recent Bitcoin upward movement and it has been in a symmetrical triangle formation almost 5 months. Now MTL has slowly increasing volume , neutral RSI and MACD indicators. Aroon indicator is close to cross bullish and give us a nice signal in the near future. We can wait until it hits the dynamic support line of this triangle or buy now and wait for it to move upwards or buy the breakout of symmetrical triangle(It is up to you how you trade). I am personally waiting for it to hit the lower line of the triangle and buy if it manages to bounce from there however it might just straight go up to the resistance line for a breakout possibility. So we just need to watch how MTL moves and buy when it looks like a good opportunity.
Long
by Crypto28
$MTL Bottomed Out$MTL sitting on a long term support (common theme). Has some additional supports below it but its pretty dead. No volume. Not a consensus sponsor. Attending as attendees and taking meetings set up via twitter. The best I can say about MTL is that it is bottomed. Doesn't get much lower than this (until it does). But volume has dropped off significantly and I'm looking for capital for Consensus sponsors with strong fundamentals. I think the coin is going up but I have no love of $MTL here. Crowded space and no reason to think MTL wins. Free and friendly discord, check it out using my profile link.
Long
by Tilt101
1
Buh, MUH FAKE VOLUME!!!!!So, check this worthless piece out. I've been hearing a lot of whining such as "Buhh, muh triangle!" "buuhhh, it was supposed to break out" "buuhh, that volume looks fishy!". Well, I got news for those sweet pants: NOBODY WASHES VOLUME LIKE THAT IF THEY PLAN ON IT GOING DOWN LONG TERM. This has got to be one of the most epic accumulations I have seen EVER. What, the bots just buy and sell their own orders? F-NO! They are sucking up all that sweet cheap MTL nectar all the way. And yes, they are savage; ensuring everyday turds are capitulating because they are impatient. Why? Because the TWITTER OG's, that's why. Every scummy twitter OG is shilling, or has mentioned, this total piece of crap. Man, I can't wait until Richard Branson and Virgin make this their OFFICIAL currency. *By twitter OG's, I mean people who are definitely out of their league on this one, somebody much bigger than those turds is accumulating this. (I'm looking at you BLOCKCHAIN ROBOT GUY and CRYPTO RAND PAUL THE LIBERTARIAN) Anyways, it's going to pump. And by pump, I fully expect this hot piece to get back to 10+$ or, in satoshis...2Billion.
Long
by XUser2112
3
METAL MTL ----Not done yet!---Hello all, hope you are all having a great day! Markets are starting to turn bullish, especially alt coins! Lots of alt coins have have started breaking out or have broken out from their accumulation levels. MTL was one that has been in accumulation for many long months, and has finally broken out of its tight consolidation... I see a bullish 20/50 day crossover on the daily which has confirmed an uptrend break! Also, all ichimoku resistances have been cleared (I did not add ichi to keep the chart less cluttered)...I am currently seeing two major hurdles for METAL.. 72k sats which is the first target to take profit zone...horizontal resistance... 82k sats which will be the .618 FIB resistance. Still clear for much more room for growth, but we are looking at a 40% gain! from 59k sats. I got in at 52k sats so this is a short-mid term swing for me. I hope I have helped you give a clearer picture. I will update the chart in case something else changes, or if targets can be moved up! Thank you all, Alfredo
by UnknownUnicorn1121585
8
Metal (MTL) AnalysisOver the past couple of calls, support and resistance levels as well as oscillator divergences have led me to quite substantial profits. In this chart, I’m combining those signals with price action understanding and the Ichimoku Cloud indicator as confluence to long MTL/BTC. More specifically: Imminent breakout of bullish symmetrical triangle. Price taking the path of least resistance through the Kumo Twist. Bullish MACD and Tenkan-Kijun Crosses. OBV oscillator printing higher highs whilst price trades sideways; price will soon reflect the greater volume that has recently poured in. Price retesting strong daily resistance which will be broken sooner rather than later. Great fundamentals ( metalpay.com ). As price approaches 8k Satoshis, expect an aggressive advance; no consolidation back in late October will show at least half of the blue box’s range covered in a short period of time. Cheers.
Long
by danielbelfort