METAL and Freestyling with Moving Averages. MTL/BTC
MOVING AVERAGES= blue7, red 21, yellow 77, white 243
How to freestyle on a Fibbonacci using Moving Averages, We are looking at a Doge and everyone knows a Doge turns itnto the McDonald's Golden arches or it's like a cup of joe upside doen lol. So Here is were the 243 line comes in. If it drops below that and if the 77 drops below the 243, than we are in for a long recovery. Lets hope itbounces and corrects.
I love Metal I was lucky enough to spot it hitting the Bittrex exchange at 3 am EST and for the next 7 hours I bought and sold about 20 times because IDK what it was. I have been trying to catch it ever since. I have never seen an ICO with a team like theirs. They have admins from Visa, Amercan Express, Apple, etc.
The CEO wants to eventually solve the Cannibis/Marijuana issue between the Dispensaries and the Federal Banks. If anyone knows that situation than you know that there is big $$$. So a great company Yes. Can it recover? IDK?
But my money is on yes and I think this is great to watch.
MTL
40% return with METAL COINMetal coin is on a correction phase of an uptrend. Limit order as described (with a stop loss in place). Target when it reaches upper channel as shown. GL.
MTL/BTC potential run to $15-$18 USD or in BTC .004Fundamentals:
-Metal alpha closed wallet testing screenshots were released and they look very impressive.
-Soon they will begin on boarding their clients as there have been over 140 signed agreements for medicinal marijuana companies to implement Metal for payment processing. This alone will generate over $200 million in revenue for Metal right off the bat.
-Strategic partnerships including banking agreements have been announced and we can expect something great to come out of Metal because of this.
-Again, MTL shines in a time when it's a bloodbath for most alts.
Technicals:
-Lots of respect on trend line
-New market cycle after going sideways for a bit
I believe we will see $15-$18 USD MTL in September. A recent run up to $13 was only a teaser. Stay tuned and be sure to keep an eye on this coin.
Looks like a top 10 crypto coin coming in 2018.
Decision time for MTL Does it continue in the downward channel, or does it respect the upward trend support line and breakout of the bull flag? I'm betting on a breakout. Fundamentals behind this project are strong, and I don't see the price getting lower than this ever again.
MTL - Metal Pay bullish falling wedgeOversold on the 4h, meeting resistance at channel support, descending wedge pattern playing out
MTL to the MOONPrice broke out the triangle earlier than expected, thanks to wolf. Volume of breakout looks good, and now a flag is forming. Measured move would be upside to 336k sats. RSI shows oversold... we going to the moon.
Also possibility of a descending triangle, but not too serious.
MTLUSD Long current $13.39 8Sep17MTLUSD Analysis - chance to double your money.
Beginners: good trade for beginners to dip their toe into trading cryptocurrencies, as its priced low @ $13.39
Risk Reward: 2.36:1
Hope that helps.
Sean Vengan, Professional Cryptocurrency Trader and Trading Educator
MTL/BTC METAL! Buy before its too late!One of the better setups I have seen in a long time. Strong crossover of conversion and base line. This is signaling towards a higher price in metal. The overall bias has been bullish and I believe this is ready for take off. This can easily double in a short duration. It has been an extremely stable alt. Great short and long term investment.
MTL / BTC Flag forming. Have some more consolidation to do but we're sitting on the bottom right now it seems.
As long as we hold support.
MTL - Strong support running into decending resistance...Something has got to give! Good coin, focused on mass-adoption.
ICHIRAKU SPECIAL: METAL (LEE) CUP AND HANDLECup and handle formed on MTL, price and volume surge confirm it. Things are turning bullish fast.Target should be .0032.
Metal - MTL Trend Reversal??So Metal is a project that is new to me. It is a recent token off of Ethereum, and apparently they are alpha testing their system with a small group of holders and members of their chat community. Their website has an allstar team from all kinds of industry leaders in their various fields. To be honest though, I still need to research them a lot more before I decide if this is a coin to hold long term, but in the meantime, things looks up for MTL assuming Bitcoin doesn't do anything crazy again.
I usually don't like tons of indicators on charts, but for this one, I saw many signals pointing in the same direction.
1. Fast (9) EMA has caught up to price and is now acting as support. Slow (30) EMA is getting there and is currently a resistance line. A crossover looks imminent.
2. A slight RSI divergence as well as double bottom both hint at trend reversal and upward price movement.
4. MACD, still in bearish territory, but there has been a crossover of signal line and histogram is positive.
Possible that MTL will move in a new direction. I've bought a little to get my toes wet.
Let's see...
www.metalpay.com
MTLBTC on BTRX $5.50 USD Target08/03/2017
MTL can break out to $5.50
-Two levels of support
-Trading above the ichimoku cloud
-Stoch RSI turnt up showing strength recently
-Upcoming fundamentals expected.. Wallet release in August/September
-240,000+ in revenue waiting for Metal use case
