MTLBTC trade ideas
MTL/BTC ScalpMTL just below middle of higher value channel and just touching middle sub value channel.
MTL support is aligning and net buy volume is adding up. I'll let price come to entry and also add support above.
Quick scalp opportunity - SL3.5% be mindful of volume spikes.
MTL in compression, decision in a week or so...MTL is in a huge compression triangle. I suspect it could break down because of the ichimoku cloud on top. Let's see, it's on my watchlist :)
metal bulls coming metal is ready to launch theyr app speack at San Francisco event (wich they are sponsor) and chanche theyr office soon
MTLBTC-Daily-Symmetrical triangle potentially confirming uptrendMTLBTC on the 1D chart is looking absolutely juicy. As consolidation into the apex continues, we see declining volume tightening as it prepares for its move up. The symmetrical triangle is indicative of a continue uptrend, of which MTLBTC has been in for a few months now. Purple zone is the desired breakout/breakdown point, while the pink zone is the potential price target. 600 satos is a potential resistance point. Watch for the RVGI signal line to cross.The fundamentals, namely the Q1 release of the Pay app, along with aggressive marketing, new whitepaper, and a new website, all coincide with the consolidation of the triangle.
A Bear Gartley on MTL/BTC housesym tri+gartley observation...
Disclaimer.. This is not a trading/investing advice!
MTL preparing for some upwards movement?What do u think? Could MTL be preparing for some upwards movement. Looks like support is in the area. Lets see
MTL at the bottom of Ascending TriangleMTL has held up super strong in this recent whatever you want to call it that we are in. I keep coming back to it for trades and even miss out on it when I think to myself its too risky.
We are bouncing off the bottom of this ascending triangle and still within the alternative which is a channel. I think we could hit the top of this triangle that we have moved into as MTL has performed very well. Lots of manipulation on this coin though and wash trading to boost volume. I don't think the whales will let this fall below the channel.
MTLBTC TRYING TO BREAK RESISTANCEThis is my idea about MTLBTC, at the moment it was hit twice on the resistance line @0.00053 BTC. As you can see in my TA, MTL will hit resistance again and break it to the target 1 and then target 2 (Long Strategy). For those who follow this strategy, please allow some time for this trade to develop. Thanks.
Buy range: 0.0004 - 0.00044 BTC
Target 1: 0.00055
Target 2: 0.0007
Stop Loss: 0.00033
MTL-Price running into apex nicely, hopeful for a breakout.Simple prediction that MTL is poised for a breakout at the end of this apex. App is due for release end of Q1 2018, so fundamentals will get better.
Metal: New Website and Release of Metal pay app in March,Good project.
High volume
in deep.
i will look for 1.618 fibonacci level. i don't use stop loss, if it goes back i buy more.
MTLMTL has held up tremendously throughout this little dip we've experienced being relatively stable for the most part compared to other coins that have dropped substantially, MTL has maintained its upward channel. While currently mid channel, this could go either way.
Purple dotted lines are daily trends
MTL looking strongMTL has several trends on different time spans that have really impressed me...
You can see a KT cross (blue over teal lines) on the Ichimoku cloud as price action continues to ride above the cloud. MTL has their app still yet to come out... could this be the build up??
More to follow...
*Education purposes only*
MTL UPDATE TIMEFRAMEAnd here's sentiment/timeframe analysis with technical analysis update on MTL
This timeframe analysis is my most common Sentiment analysis I usually follow. this sentiment is my own formula how to trade.
and it never failed me so far.
my most profitable trade few months ago that I use this formula is Emc2,Nxt,Waves and ETC. and so far I maximize all my profit.
As a trader we should always to know when to enter and exit trades i do techical analysis and yes i know where to enter my trade
but i notice that i dont know when to exit my position based on timeframe. thats why I make a feasibility study that im going to share you guys very soon.
about timeframe/sentiment analysis.
Beat the inflation with metalization ! You must have to follow @CRYPTOBANGer in twitter he will provide you with the best set ups...
Today I will not buy those extra $100 in beers for the weekend. This weekend I ill buy some metal... so at the end of the year I can buy a lot of beer !!!
My Alt Season Bags I will be posting all my altcoin picks now, and I will start with metal (MTL).
This one is on a slow and steady uptrend, but just buy it mostly out of fundamental reasons.
Metal PayMe release this Quarter, and once it is released, they will talk about re-listing on bittrex.
It dumped so hard because of the delist, so I am thinking it will pump quite nicely.
Target: 3-4x from my buyzone.
Reminder: I might be biased, I own this coin, bought it at 0.000381 BTC.
