Metalpaysme ($mtl) Long Metalpaysme is one of my favorite projects, they have a great team with even better vision and ambition. The team has been working extremely hard to bring their product, metal Pay, to market which is expected to release in Q1 of 2018. Metal pay allows users to convert Fiat to Crypto, send payments to other users and reward them 5% to do so. Currently the Fiat to Crypto space is dominated by Coinbase which charges ridiculous fees, which is why I'm so bullish on Metal. Metal will fill the void of people who are frustrated and tired of using Coinbase, which will bring a massive influx of new users who need a better system of converting Fiat to Crypto.
Chart:
Metal has been in a downward channel since Mid September and enter into an accumulation phase in November. The channel broke in December after BTC stopped curb stomping Alts, I expected the upward trend to continue and 2018 to be an amazing year for Metal. I'm 100% holding metal for a long term play.
MTLUSD
MTL is getting for 150% tradeHello Friends,
Another trade for you before we move to Private group.
MTLBTC
Notice, we are buying at low but after a breakout means momentum. Gain the momentum
Buy in range 70000-80000
Stop loss : 60000
Target : 175000
I will update you the resistance levels.
MTLBTC Long TermBottomed out, waiting for break of local swing high for safer entry.
Volume kicked in signifying bull awareness & action.
Downtrend broken.
Price crossed 25MA.
Targets based on resistance + fib levels
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MTLBTC 500%Target 1 : 98k
Target 2 : 140k
Target 3 : 175k
Target 4 : 210k
Target 5 : 260k
Target 6 : 320k
* Stoploss : 51k
Buy Metala fracture of a downtrend, an increase in volume, as well as oscillator signals say that we are at the start. I recommend fastening your belts and have patience!
Buy and HODL
MTL Low Cost Coin leaves room for large returnsMTL started off in an uptrend, then came back down. It has now hit its bottom and leaves room for growth in the crypto when it is implemented more in games and receiving rewards from payments (rewards push for use with its near-instant transactions and good backing of features). Long-hold gains.
MTLUSD Potential Target $15?This is my first time analysising a graph. Looks like it finish correction and now starting a new cycle of waves. Target $14? Again first time, so feedback would be amazing and would help me learn.
MTLBTC Long Retracement CompletionTechnicals:
MACD Supports upward movement
MTL Saw a short period of consolidation in the retracement / supply zone and is looking to break out
MACD looks like it can move up
Volume has slightly started to pick up
Fundamentals:
I think MTL is reaching a good market, as I believe one of the biggest barriers in cryptocurrency are inconvenient spendability.
I think if I were to pick the top crypto-card company, it would probably be MTL.
There's some good news coming up within the next week.
Notes:
Use stop loss 3% under fib 1 level.
Optimal buy zone for MTLUsing technical analysis, do you see what I see?
Lets not forget fundamentals for BITTREX:MTLUSD are looking solid.
MTL has the 3 key factors I look for when evaluating cryptoassets.
-A great team.
-Great technology.
-Real use case.
As merchants onboard Metal's services and more users onboard Metal's wallet app we can expect a bump in price due to demand.
I am very bullish on MTL as we close out Q4 2017 and transition into Q1 2018.
