Metal/Bitcoin - lets see some actionWhen trading alts we all know the one and only goal is to outperform its pair. Here we see METAL with solid support, bouncing the lows higher and higher up. Even with significant sell pressure keeping prices down, we can hope that the consolidation of the two resistances will provide a breakthrough for the bulls.
If we see the breakout push METAL back to .382 or .618 we can expect to outperform BTC in the short term - assuming its unlikely that BTC will rise 100% or 200% in the coming months (and if BTC were to rise that dramatically - I think we all will be MUCH happier anyways).
MACD is getting stronger - looks to break above 0 and maintain it
Not advice - DYOR - Donovan Mitchell should be the NBA ROY
*Delgado*
MTL
MTL Price Recovery?Looking at the past several month's decline in MTL prices coupled with the recent increase in trading volume and value, it seems possible a price recovery may be taking place.
In the graph, the plotted lines show what a complimentary incline for the past several months of decline could look like.
MTLBTC - looking for entry at retracement ..MTL finally started to get volume.. looking for entry at .618 level.. hoping to get one leg up .. I am hoping BTC downtrend doesn't effect MTL directly or indirectly.. Happy Trading
PS: MetalPay app launching 31rst March 2018.
Please hit "LIKE" to support..
Thanks!!
MTL is ready for bull runMetal was delisted from Bittrex, but it will go back to Bittrex, so this can cause many people to start buying it. Volume of Metal is increasing and it can hit support soon so I will wait and my buy zone is 0,000380 to 0,000400. My target is 0,00056, but I think in long term it can reach also resistance at 0,0006.
Possible HS pattern on $MTL.ENGLISH : There's a possible head and shoulders pattern forming on Metal's chart. Target would be the signaled region around 0.0004. If the HS pattern fails, MTL could go very bullish, as we are on an important region when we take a look at major downtrend lines.
PORTUGUÊS : Existe um possível padrão de ombro-cabeça-ombro em formação no gráfico de Metal. O alvo seria a região destacada por volta de 0.0004. Se o padrão OCO falhar, MTL poderia valorizar bastante, visto que estamos em uma região importante quando nos atentamos a linhas de tendência de baixa importantes.
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.
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
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
METAL MTLMTL has serious accumulation happening last few days/weeks and I believe its gonna move upward movement.
Its previous peak 300k sats at bittrex but now it got delisted in bittrex because they dont have product yet
and it cause MTL to drop to 40k sats.
but good thing MTL is going to launch METAL Pay this March 31 which is humor said it will going to relist to BITTREX after they launch their product.
New website also on MARCH 31
As you can see in the chart, Its gaining good momentum and waiting to breakout to start a uptrend channel with a solid volume confirmation.
it stablish good support around 370-420.
This is not a trading advice but i'll bet MTL gonna blow this coming days.
Buy zone 400-450
Sell zone 720,860,1100,1420,1748,2057