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MTL

Hard Metal RocksI've been in this trade since 920 and now moving my SL as close as volume isn't suporting further grow and proves my concerns. From that point it may test resistane at ~1020-1035 and fall back to ~980-990 without any fighting before taking another chance for its next target at 1150. That will be approximately 17% profit. Be carefull as this coin is only reversing and is still in downtrend on day chart. If it goes below 980 wait for the next target ~930-940 to hit. If go below forget it.
Long
by WiseAnalyze
My $1k to $100k Challenge: Day 43 - Trade #46 MTLHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. After 43 days and 44 completed trades: Wins: 19 Loss: 25 Balance: 0.1541 B USD: $ 1034 *Some trades may be pending and not yet included in my stats There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow. CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge. If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart. Alright, here we go with Day 44 trade #46 I invested 0.072 B into MTL. I bought 722.89 @ 996 satoshi My Sell targets are: T1: 1044 5% T2: 1093 10% T3: 1144 15% I will sell 33% at each target. After a target is hit, that will become my new SL. SL: 919 In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all. I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey. Your comments, agrees and disagrees are always welcome and appreciated. Thanks for stopping by and have a great day!
Long
by redking75
4
$MTL THIS TIME IS DIFFERENT Idk how many times I have to get my pee-pee slapped before I learn but.... I’m thinking about re-entering $mtl - Blockfolio says its down about -86% but it’s more like -94% since its not accounting for Bittrex data - ICO investors are still up 12x, meaning there’s definetly still room to go down - Binance has turned off the volume machine, so volume is irrelevant since we don't know the real numbers - Most people have capitulated, including me... - currently sitting at post initial listing price - Momentum is pretty bullish - Upcoming release, and recently released previews bringing bullish sentiment.... Only if the team can actually follow through with what they put out we shall see what happens, I don't care about the project anymore so ill dump immediately if the trade goes south
Long
by talaenyx
MTL - Oversold and UndervaluedLooking at the 4-hour chart for Metal, I find it hard to believe it is this cheap. The price action is in a falling wedge pattern as it approaches the yellow support line of a triangle. You can see bullish divergence on the MACD and in its currently oversold state on the RSI, I am anticipating a nice jump from this falling wedge. If you are not familiar with Metal, it's a project that hopes to bring crypotcurrencies to the masses. How do they do that? Well essentially Metal is like Venmo, but for crypto. Users can have a bank account on Metal allowing them to purchase, send, receive cryptocurrencies with ease without the hassle of using a crypto-fiat exchange. You will also get a debit card with your Metalpay account so you can use Metal for everyday purchases. This is key for usage and adoption as most merchants that do not accept crypto as payment yet. Plus earn 5% on purchasing, sending, or receiving Metal. They also recently acquired Crumbs Technologies with the intention of utilizing its micro-investment application within their payment processing platform. I like this project and the team. If they get listed on another big exchange or relisted on Bittrex, I would expect a big jump in price in volume. Minus any BTC collapse, this price is a steal.
by jpbrown1023
3
MTL/BTC What about alts?MTL at the moment broke falling wedge, and now is forming 2 figures: a bull flag, with the future transformation into a bearish flag, which will give MTL impulse for correction, to the newly formed support located in the area 34k sats. up to 40k sats., which is not strong enough to keep a large sales flow, so I advise you to leave a stop loss, which we also revealed using the ATR oscillator. When MTL will start falling, we will monitor it's behaviour, namely, the oscillators RSI and Stoch. RSI. A favorable outcome described on the chart, where by RSI I indicated the next bottom, and on Stoch. RSI approximate trajectory. The Sell Zone determined combining levels of Fibo. and got the following goals: 48k-51k-55k sats. What about fundamental: The thing is that there are no interesting events on this platform, but maybe I'm missing something, so I'm waiting fans in comments! Therefore, we conclude that this currency is not as promising as many others, which is obvious. The idea was published for asset holders.
Long
by BillCharison
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