Metal
GOLD - Wait for the possible bottom + possible H&SGood weekend everyone,
Gold as i've said on previous ideas is not ready to take off toward 1400 zone yet, and for that we must wait the proper opportunity to buy it.
Weekly timeframe we can see the price failing to create a new HH and now we have a bearish engulfing candle removing all the progress from 3 weeks past, all this added to a hidden bearish divergence on RSI.
Daily timeframe we have a possible (not confirmed yet) H&S formation, price did a good selloff and now rejected 50ema as resistance, bearish sign .
H4 we had a huge sell off movement and now i expect some consolidation period before another big movement.
Personal strategy: wait for the bottom for a big RxR opportunity to long
Optional: Its possible to short aiming ~1275 on lower timeframes after pullback + rejection, its risky.
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
SILVER - Bearish behaviourGood weekend everyone,
WEEKLY:
As we can see on weekly timeframe, silver is been on a big descending triangle since 2016 and failed to break the descending trendline 7 times so far.
If you check the last weeks volume up-wave, its decreasing, maybe there is no interest on buying silver yet? The price closed the week below 50ema weekly.
DAILY:
After the rally upward, silver failed to keep creating new HH (chech RSI bearish divergence) and HLows and now is struggling around fibo retracement zone.
4H
Ok see these last green candles on the yellow circle? low volume say : no demand.
So overall, silver looks bearish so far and a break below current low can trigger a short opportunity with good RxR targeting the bottom of the big triangle, first support zone would be around 14.65 usd.
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
Palladium - Short term top?Good weekend everyone, lets look at Palladium, a metal similar to platinum and very used on eletromechanics system like relays, also used on OIL industry as a catalyst.
This metal has been on a very long term rally upside that never seens to stop, but, nothing go up or down forever.
This week candle closed as a bearish pin bar and as we can see the volume is getting smaller and smaller, now, of course i'll not trade based ONLY on a simple pin bar, and since we are at ATH we dont have previous resistances to analyse =)
Daily chart is where im looking forward a short opportunity, if the price break and close below orange line i may short with good RxR targeting fico retracement zones and weekly 50ema.
The low volume on last wave say that maybe the demand is slowly decreasing, maybe its too expensive now our beloved palladium ?
And now we have a beautiful RSI BEARISH DIVERGENCE which give us confluence to try this one.
Anyway remember, trade AGAINST the main trend is always dangerous and the main trend for palladium right now is BULLISH, thats why always trade with proper money management.
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
Platinum - Double/triple top Good weekend everyone,
Quick look at platinum OANDA:XPTUSD ;
WEEKLY:
As we can see on weekly chart (right on top) platinum is on a downtrend since 2016 and show no bullish signals so far, again rejected the descending trendline.
DAILY:
On our daily chart (bottom) we see that ~875 usd level has been a strong resistance level, tested 4times now and was a previous support before (green up arrow).
What do we have now? A double/triple top for platinum and a bearish RSI divergence.
4H
We see the decreasing volume on the last up-wave and now we are slowly approaching oversold zone and rejected 50 ema as a support , therefore we might see some pullback on the next hours (after market open of course =] )
Strategy:
Sell outright with S.L above 880 usd level aiming 820 zone and further 785 usd level or keep an eye on shorter timeframes after a likely pullback to happen and then short when the best opportunity presents itself.
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
Metal Profits (Keeping It Easy) This is just straight up chart.Metal Profits (Keeping It Easy)
This is just straight up chart.
I saw Metal (MTLBTC) earlier and the signals were a bit mixed, but I still decided to buy some of it.
It is starting to move and it looks like it might do a strong impulse up. EMA100 is the main target if it follow the same path other altcoins are following.
The RSI is super bullish and the MACD shows plenty of room left available for growth.
Feel free to hit like to show your support.
Namaste.
Short Sell on XAUUSD - H4 ChartH4 chart below resistance
Up trend Broken and tested
Price can possibly price could reach Resistance 2 (1320)
Stop Loss: 1325.00
Sell Price: 1310.00 - 1315.00
TP 1: 1265.00
TP 2: 1245.00
MTL showing a lot of strength!!!MTL showing tons of buy-side pressure as selling was gobbled up on the down move this morning
Thanks guys!
Metal (MTC) something really BIG is comming! 100% to 250% profitBINANCE:MTLBTC
BITTREX:MTLBTC
Let's take a look at the weekly and daily charts in MTL.
Weekly:
+ Both possible long-term downtrends have been broken in recent weeks.
+ The price has already exceeded 20MA and is currently serving as support.
+ The volume has been the bigger since 2017.
Daily:
+ Large bullish divergence already confirmed at the MACD between June and December, the MACD is in a strong uptrend even with the price walking sideways and has already surpassed the 0 line continuing to point upwards.
+ RSI is in a strong uptrend as well as MACD.
+ Large volume accumulation pointing out that some great upward movement is about to happen in the coming weeks.
+ 20MA has already crossed over to the 50MA and both are about to touch and cross to 200MA.
+ The price is above 200MA and should break in the next few days.
Need I say more? This is one of the clearest reversals I've seen in the last few weeks, I expect big profits on this call, lets ride it?
Please if you liked to leave your like, it is very important to me and you will be helping to build a strong crypto community here in tradingview.
God bless.
MTL/BTC Looking BullishDaily Chart for MTL/BTC showing signs of strenght, with a lot of volume and trading above ema 9 1d, found good support and almost no resistance until 1150 satoshis.
Metal (MTLBTC) Opportunity for Profits Pt.2Just a quick update.
Turns out I was pretty accurate.
The market moved within the pattern I drew and if you went in on the support/entry zone I indicated and put a sell order on the ceiling of the triangle,
that was an easy 10%.
Congratulations on the profit if you followed my trade.
XAUUSD: Sell opportunity on the 1D Higher High.Gold is approaching a sell signal on its 1D Channel Up (MACD = 10.130, Highs/Lows = 21.9428, B/BP = 42.7360) and the RSI is next to turning overbought (RSI = 74.891). When the Higher High of the Channel is made near the 1357 - 1366 Multi Year Rejection Zone (hard selling for the past 5 years) we will go short aiming at another -1.70% pull back (based on the Channel's pull back Higher Low sequence). TP = 1,333.00.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
Metal (MTL) | 84%+ Potential Profits | FREE TRADING SIGNALPair: MTL/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Introduction
Metal is a blockchain-based system utilising Proof-of-Processed-Payments to identify users, rewarding them for converting legacy fiat currency into cryptocurrency. It is a system similar to Bitcoin but with a user-friendly interface and front-end that is similar to Venmo, Square or PayPal. Metal can act as a bridge to Bitcoin or any cryptocurrency available. Many small businesses across the world prefer to only accept cash. However, in an increasingly cashless society, refusing to accept digital and card payments can be problematic. Put simply, Metal believes cash only businesses can benefit by adopting cryptocurrency as a new new form of cash, as cryptocurrencies possess many of the same properties particularly around privacy, censorship resistance and fungibility. In order to bring digital payments into a world that utilises blockchain-based technology over some traditional banking rails, Metal expects to save consumers 4-5% on all purchases.
Technical Analysis
- 12H Closed Above HTF Resistance (Our Condition For Entry)
- Bullish "Grinding" Price Action
- Volume Increasing
- Higher Highs/Higher Lows
- Broke HTF Downtrend
Our Entry Zone
0.0000840 - 0.0000909
Our Targets
1: 0.0001008
2: 0.0001306
3: 0.0001548+
Our Stop Loss: 0.0000795
Don't forget to hit that like button and give us a follow , we really appreciate it!
Comment your thoughts below.
And most importantly, enjoy your day!
Crypto Eye Team
------------------------------------------
DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
Metal (MTLBTC) Opportunity for ProfitsThis is a small-cap market trade for quick profits.
Here I loaded up the 4h chart. We can see an ascending triangle has formed.
RSI has also formed an ascending triangle.
Next move is likely going to be a down move to hit the next higher lows.
After a downtrend, wait for a clear reversal then go in on the trade.
Just by trading within the triangle, 10% profits is possible.
Set a stop loss to minimize losses in case the pattern breaks the pattern.
If the pattern breaks, stay away from the trade.
I'll come back with an update.
MTL uptrendNice uptrend since the middle of January. Totally missed it. But it is pretty manipulated with pumps and dumps all over the way. And thats what we need. But to make this deal safe need to buy at the lowest point, preferable after the reversal. I see that point to be cross of month support and lower channel borders. Of cause if it will fall down there, but indicators show it can, unless it breakout 830 without stopping. In this case I'll buy after breakout.
MTL brewingMTL looks like its due some fun run;
respecting pitchfork lines
cup and handle forming (currently on handle)
currently inside a symmetrical triangle
low timeframe (this moment) is in a little bullflag
id aim for the resistance around 900 first, then range high and then pitchfork mean line
Metal's (MTLBTC) Bullishness Confirmed by Volume (150% PP)One of my great supporters asked recently how is Metal (MTLBTC) doing! How is it doing?
- The volume the last few days has been amazing on Binance, highest volume since inception there.
- We know that volume is one of the most important signals when it comes to confirming an upcoming move.
- With a clear recent break above EMA10, EMA50 and MA99, MTLBTC is looking really good to generate good gains in the coming weeks.
- I can see that many altcoins are waking up. This is one that you should keep an eye on.
- Targets and details can be found on the chart.
One of our active Metal (MTLBTC) trades.
Trade: Metal (MTLBTC)
BUY: Up to 0.00000820
(Original buy in: 0.00000680 – 0.00000730)
TARGETS:
(1) 0.00000895
(2) 0.00001111
(3) 0.00001911
(4) 0.00002760
STOP: Close daily below 600.
-----------------------
Remember to hit LIKE.
Namaste.
Metal / Bitcoin MTLBTC, BINANCE 12H up to 31JAN19Metal / Bitcoin MTLBTC, BINANCE 12H up to 31JAN19
12H Chart, Metal (MTL) by January 22, 2019, was able to break over both the 100/200 days MA signals (1), along with an ascending movement from 45 RSI over 70 RSI surfing over this until January 27, 2019 (2), when felt and found support again on 45 RSI and over both the 100/200 MA, bounced back, stayed hovering close to the 100/200 MA signals and now is moving up, with the MACD signals about to positively pierce over the Histogram (3) heading to test the 0.0000800BTC resistance (4), which is the optimistic approach, but remember "Trees don't grow until the sky" it can find resistance and make a correction anytime. Good Luck!
12H Chart, Metal (MTL) el 22 de enero de 2019, pudo atravesar ascendentemente ambas señales MA de 100/200 días (1), junto con un movimiento ascendente desde 45 RSI sobre 70 RSI navegando sobre este ultimo hasta el 27 de enero de 2019 ( 2), cuando se regresó y volvió a encontrar soporte en 45 RSI y sobre ambos 100/200 MA, se recuperó, permaneció flotando cerca de las señales 100/200 MA y ahora está avanzando, con las señales MACD a punto de perforar positivamente sobre El Histograma (3) y se dirige a probar la resistencia de 0.0000800BTC (4), que es el enfoque optimista, pero recuerde que "los árboles no crecen hasta el cielo", puede encontrar resistencia y hacer una corrección en cualquier momento. ¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
MTL : 55% Profits Done! And Preparing For Another Strong Bounce.All our MTL short term targets are achieved within 6 days. And almost 4 of our mid/long term targets are ahieved too in just 9 days.
A total of 55.8% profits so far.
Reached : 9270 sats
Total Profits : 55.8%
Total Duration for Achievement : 9 Days
It seems a miracle to some to predict such a huge amount of profit in such market seasons and sometimes it looks like LUCK is on the back up too. As we have been saying for so long trading needs a big energy and that GUT to hodl and wait for the miracle. That is what becomes a MOMENT OF TRUTH for those who follow the discipline. To be honest 55% profits is a huge success not only in such reddish market patterns but in the healthy and mad bouncing market times too. For now MTL is consolidating and correcting it self for another bounce in the long term and still looking a good opportunity to grab some and HODL
Remember to drop your LIKES and press the FOLLOW button if you are interested by our forecast and be free to DISLIKE the post or right your COMMENT if you not convinced by the forecast. Thank you for your time to read our posts anyways. With Regards.
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
You can give us your feed backs and suggestions on our effort in addition to this your questions here in trading view or in our telegram channel by the same name togetherweaccumulate.
With Regards.
Team TWA.
MTL-BTC Trade PlanMETAL LONG TRADE
Chart is self explanatory I think.
Accumulation zone is mentioned along with Stop Loss and TP Price Points.
