MTLBTC trade ideas
Metal Bullish Map (100% Mapped With Fib. Extension)MTLBTC (Metal) is starting to move.
On the chart above I am sharing with you our fib. targets, this is where the waves will peak, the magenta dashed and grey dotted lines.
The different trendlines (purple lines), will help you determine Metal's path.
These lines will also work as support and resistance levels.
The indicators here are bullish and the whole chart setup is giving out multiple bullish signals.
Our main target for Metal (MTLBTC) is sitting at 0.00006884 with 100% of potential profits.
This is a mid-term target.
Thanks for reading.
Namaste.
MTL/BTC - Altchica predicts it will go UP!MTL has struggled to break the 200SMA. As we can see, there have been 2 previous failed attempts directly at the 200SMA. We have broken back into the support zone which is known to inject a large buy volume. I expect another push to break through the 50MA and .618 FIB making a 3RD attempt at the 200SMA. Target 1 will be this 3rd hit at 3912 sats. This may form a triple top in this zone and push directly to target 2 above 5000 sats. Target 2 is a long hold 2-3 weeks+. I would consider taking partial profit again at T1.
Possible entry zone: 2800-3080 sats
MTL - short term trade, chasing for 5th waveMTL had nice 5 wave move up and since then, it went down almost to double bottom. But we got impulse reaction, and currently I think we have finished 4th wave and we should go up to 3300 satoshis to finish 5th wave. I have bought at 2778 satoshi, stop loss at 2617 satoshi.
Metal Gains Momentum, 150%+ Easy TargetMetal (MTLBTC) is now gaining momentum after moving pass 0.00003360 or EMA100. Prices are now challenging MA200 and looking ready for a strong bullish move.
Expect to see something similar to what we saw in late September, the only difference is that now prices will move even higher.
Enjoy the profits as they come.
Remember to set your sell orders on target beforehand...
Make sure to have a plan before you trade.
This is Alan Masters.
Thanks a lot for your continued support.
Namaste.
LONG - MTL - Trading OpportunityHoping for a bounce of this strong support, this hidden bullish divergence may assist us on our purpose.
Entry: 0.0000256
Target 1: 0.00002789
Target 2: 0.00002989
Target 3: 0.00003268
SL: 0.00002449
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#METAL | End Of Landing !Entry : 0.00003005 - 0.00002921 - 0.00002780
Target 1 : 0.00003279
Target 2 : 0.00003763
Target 3 : 0.00004338
Target 4 : 0.00004800
Target 5 : 0.00006027
Stop loss : 0.00002455
Risk/Reward : 17%/110%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
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#SpotTrade | $MTL / BTC | @HashedPlutusSignal Info: Metal | Rank: #162 | Exchange: Binance | Direction: LONG
Status: Limit Entries Set
Analysis: Metal has remained passive since its rapid rush of over 150% in about 9 days back in late September this year. The price returned to the long term flat top wedge. The smaller inner wedge has been broken several times before, each leading to substantial gains.
Just yesterday, we made contact with the bottom trend-line, and the price spiked 15% in response. Now we have a chance to get in right where we want!
Current Price: 372sats
Entry: 3725sats
Take Profit: 4285sats, 4680sats, 5565sats
Stop Limit: 3490sats (-6.47%)
Metal picking up steam after reversalMetal just came out of a falling wedge a few months back with massive accumulation and the green volume candles have been all over the place ever since (check 4H window). The RSI has been registering higher lows showing a reversal. The OBV also confirms the elevated volume since the past several weeks.
This is a 17 million market cap which just announced the launch of their own crypto exchange. This should increase the adoption of its native coin MTL.
Note: This is not financial advise. Please do your own research.