Mtl going to the upside ( 120% profits potential )Mtl, currently in accumulation zone, broke out from the descending pattern and now trying to make another go to breakout from the channel. If it breaks out from the 1100 sat we could see a much bigger reward than initially expected but if not it is going back to accumulation zone.
buy in up to around 0.000500 sat
Stop loss at 0.000314 sat
Take profit at 0.001500 sat
MTLBTC trade ideas
MTLBTC - Metal testing resistance, chance of breakout - Bullish!MTL has really really bottomed out.
The only way is up!
WaveTrend showing upwards
MACD pointing upwards
And is it me or the new oscillations very similar to the ones occurred during 11th - 16th december.
If resistance broken, expect the price to test 700 sat levels
MTL Could See A Change In Swing.MTL found support where it commenced a nice rally of what looks to be either a corrective wave in a longer term wave C sequence, or a possible commencement of wave 1. What triggered my eye was after it found support at its all time low, MTL rallied to create a peak, a higher trough, then a Dow confirmation peak. The retracement is a common factor as the bulls that entered in from the all time low, have had some fun and are taking profits. This sell off its what helps for the Cypher pattern, with this current downtrend being the wave 2. A Gann fan also shows some hovering between 2x1 and 1x1. The safety bet here is to let it rise from current price to the 38.2% retracement of XA , it will drop to find support somewhere along the 2/1 lone of the Gann. At this point we need the signals to line up. (Blue Circles) Increased volume, MACD cross to support, and a potent reversal candle which will commence a nice strong Wave 3. Can expect about 138.2 - 175% extension here. DYOR and please feel free to correct my work. This is my first post. Thanks
MTL - 100% Profit PotentialMTL is trading within a large ASCENDING TRIANGLE. Within that triangle, an ASCENDING WEDGE played out perfectly, bringing us back to the lower support of the overall triangle. This was the drop from the bittrex delisting FUD. Currently, we're breaking out of a DESCENDING WEDGE, heading back up to the resistance near 80k sats.
Good luck trading this - It's a great time to buy and hold MTL, especially after that Bittrex delisting news. This is trading on Binance, and should be back on Bittrex in about 45-60 days.
METAL MTL/BTC Bottom Hit 1000%+ Profit potential MTL/BTC has bottomed out and we have been through a bull trap recently
MTL/BTC all time high was: 0.00322
The bottom was: 0.00025788
From there we can divide these two numbers and get: 12.486
ATH could be possible, we have had a long period of consolidation and strong indicators for a new market cycle to start
Indicators:
- MACD= Positive divergence; Plenty of room for growth, reversal and crossover.
- RSI= Bounced recently from oversold levels, and has all the room in the world for growth.
- Over a month of consolidation.
Buy in: 0.0003800 - 0.0004200
Targets:
1 - 0.000606
2 - 0.000794
3 - 0.000949
4 - 0.001103
5 - 0.001320
6 - 0.001590
7 - 0.002401
MTLBTC METAL/BITCOIN Long time interval good profit opportunityIt looks like it is in an up trend.
I see it good unless it does not come below 593 support line.
It has a good potential in the long time interval I think.
Just don't forget to follow it step by step.
Above 593 level first target is 805 and then 976-1148. Corrections during this long time interval up movement until the blue spport zones are normal I think.
MTL in great position Bullishflag 1h chartHi Everyone, this is my first Idea here.
Mother tongue is french, hope you will understand it
BINANCE:MTLBTC has been my fav coin by far. Slow movement, and easy to trade.
After a strong uptrend movement, this night we had a really downtrend with bottom @380.
I missed the bottom, but I'm still full of trust that it will be uptrend really soon.
MACD crossing on 1h chart with strong movement
RSI oversold and low
Volume increased really high
Will fix my sell @720
My advice would be to keep an eye on this coin, and enjoy the buying opportunity to get it now.
I'm a beginner and so be carreful with my recommendations.
I would be glad to hear your advice on it.
Best regards
Simon