[MTLBTC] Metal Round 2 [400% PP]Metal is going for a second round, this time with more momentum and potential. This is a very low risk trade.
Here is the chart:
The RSI is already on the bullish zone.
MACD is having a bullish crossover.
EMA10 being broken (confirms after daily candle closes).
Great chart structure (weekly)
Weekly chart:
Metal (MTLBTC) by Alan Masters - Trade Instructions
Buy in: 0.00000920
Targets:
(1) 0.00000895 - Target hit 28-Nov. (+27%)
(2) 0.00001111
(3) 0.00001911
(4) 0.0000276
Note: Additional targets, for short term, available on chart.
Stop loss: Close weekly candle below 0.00000565.
Capital allocation: <10%.
MORE OPPORTUNITIES WILL ALWAYS COME
This is just the beginning, of something that we had before.
More opportunities are already available.
Many more opportunities will come.
Namaste.
Metal
We Made 32% On Latest $MTL Post, We Will Buy Again!You can check that my published chart on $MTL was really on point, even at the moment the support line drawed correctly. You can check it here:
At the moment I think it's very juicy to get my first entry. 10K sats to 10500 sats is the best range.
The closest targets are 11K sats, 11.6K and 13.2K sats.
Ciao adios! Enjoy.
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
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Short-term Rally Will Occur on $MTL. Do You Wanted to be Onboad?Hello there, MTL or as it's stand for Metal / Metal Pay has release their very own app days ago and charts juicy on the buyzone after the recent pump. Sitting at my very support for retracement. Looking for target on the yellow line. If you're on board, just let me know in the comment section.
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
MTL/ETH forecastThis is a simple trading analysis of the SALT/ETH altcoin trade.
Chances to reach the maximum are high.
Subwave 3 of Wave 3 should reach 0.005800 by mid-november 2018.
Then scale your buy back between 0.004250 and 0.004400 and scale your sell again at the end of wave 3, between 0.006800 and 0.007200 (second part of november).
Have fun !
[MTLBTC] Metal's Profit [620%+ PP]Metal (MTLBTC) hit bottom on the 22nd August and has been in an uptrend since. Several signals are pointing to additional bullish action coming soon.
Let's take a quick look, and trade for profits. We have several signals to look at here:
On the left side you have the daily chart. You can see the MACD on the bullish side and the price on a clear uptrend.
MTLBTC is now trading above EMA10 and EMA50.
RSI is bullish and moving up with good momentum after coming out of oversold.
Huge increase in volume, this is for the daily time frame (TF).
On the weekly TF (right hand side) volume is extremely high as well. The highest volume since this token was added to Binance back in 2017. You can tell by looking at the last green bar at the far right.
Clear bullish crossover on the MACD.
RSI and STOCH are both oversold. If we go back to our hammer candlestick trades/learning, we can be reminded that an oversold RSI and STOCH after producing a low, creating a hammer at a bottom of an uptrend, followed by a strong bounce with good volume, all support bullish growth; which for us means green money.
Yes I talk about money all of the time, that's because I recognize its importance as a tool to be used in this reality. A tool that can help us better exprese ourselves and allows for more growth, freedom, security, opportunity, choices and comfort in our lives. Money is good. Be grateful for it, accept it and be wise spending it...
Let's continue with the trade.
Metal (MTLBTC) trade by Alan Masters
Buy in: 0.000106 - 0.000116
Next support: 0.0000920
MTLBTC Targets for Alan Masters:
(1) 0.000148
(2) 0.000153
(3) 0.000181
(4) 0.000198
(5) 0.000244
(6) 0.000312
(7) 0.000414
(8) 0.000516
(9) 0.000628
(10)0.000836
Stop loss: Close weekly candle below 0.000830.
Capital allocation: <10%.
THANK YOU!
Thanks again for reading.
Thanks again for the amazing and continued support.
Thanks a lot for following Alan Masters.
All I wish is for you to make more than a living trading these coins.
Namaste.
XAUUSD: Broke the downtrend but on fundamental factors.The long term bearish trend on 1W broke last week to neutral grounds (RSI = 47.647, MACD = -20.230, Highs/Lows = 12.0065) as the global stock markets pulled back and capital abandoned riskier assets towards Gold's safety. Technically 1D is a Channel Up (RSI = 65.112, MACD = 5.900, Highs/Lows = 22.9186, B/BP = 34.8019) but we can't assume yet that this uptrend is technically sustainable until we see both stocks and XAUUSD rising at the same time. At the moment the Dollar Index is on the 50% Fibonacci on 4H indicating that it is still on an uptrend, so most likely Gold's legitimate value is much lower. A middle solution is treating the current price as a Higher Low on the 1D Channel Up and a 0.382 Fibonacci retracement on 1W (as seen on the chart) and aim towards 1,203.20, 1,194.95.
MetalPay giving 40% of the tokens to usersMetalPay (MTL) is a payment system that enables users to transfer fiat or cryptocurrency peer-to-peer, using just a phone number. It is similar to the PayPal and is available to the US users. At the moment it is fart from reaching mass adoption although MetalPay team is making steps to increase the use of MTL token.
Yesterday it was announced that Metal will be giving away $18 Million, equivalent in the MTL tokens, to their users. This is a 40% of the total token supply, which will be distributed through the MTL proof of processed payments mechanism.
The reaction to this announcement was a 14% drop in price against the Bitcoin. The price dropped from 10,500, down to 9,000 satoshis, where it rejected the 88.6% Fibonacci support. But, at the same time, this fall in price could simply be the trend following of the Bitcoin, which today fell by 4.4%.
After the support was rejected cleanly, a correctional move up started. MTL/BTC gained back 11%, reaching today's’ high at 10,000 psychological price. Such a precise bounce off the Fibonacci support level might imply that there is more room for upside correction. Metal token can be heading towards the key resistance at 10,500 satoshis. This is the price where most trade volume has occurred over the past 3 months and also the level where price broke below the uptrend trendline.
The key resistance should be an important price level to watch in the near future. If MTL will rejected it, range trading or a downtrend continuation can be expected. But the daily break and close above might be interpreted as the first signal of the beginning of the bullish trend or at least a stronger correction to the upside.
On the downside, daily break and close below the 9k satoshis level will invite more short-term sellers, which are likely to push the price down to 8330 satoshis support or even lower.
Support:
1. 0.000090
2. 0.000083
Resistance:
1. 0.000105
2. 0.000114
3. 0.000121
Palladium Bearish Deep Crab Type 2 reaction Pattern Complete!This is a long term type 2 harmonic signal. our 38.2 Fib was hit and now the price is back to the pattern completion area. from here on we can likely expect the price to target the 61.8 fib retracement of the main swing. for the entry and exit criteria of the trade please refer to the main chart. you can take this trade short once the market opens.
[MTL/BTC] METAL COULD BECAME GOLD [ 100-500% POTENTIAL PROFIT ]#MTL / BTC ( Binance )
Buy Range : 0.000101-0.000103
Stop Loss : Below 0.000095 ( Day trading )
Target 1 : 0.000198
Target 2 : 0.000305
Target 3 : 0.000510
WEEKLY CHART
- MACD rising and near to cross ( Positive )
- RSI shows oversold and trying to point up slowly ( Positive )
- TD sequential shares a 9 with a good volume behind ( Positive )
DAILY CHART
- MACD going up and shares good ( Positive )
- RSI downtrend has been broken ( Positive )
- Ema 20 support price action ( Positive )
- MA50 need to be broken to confirm reversal ( Negative )
- CCI remains Green ( Positive )
4H CHART
- Bottom retested at 0.000085 ( Positive )
- After bottom reached sideways and accumulation started ( Positive )
- Some good volume action ( Positive )
- MACD crossing and sharing good ( Positive )
- CCI turning into green ( Positive )
- Candles over moving averages ( Positive )
- Ichimoku cloud broken and is below candles ( Positive )
CONCLUSION
According to different indicators, some altcoins started to share some nice setups two/three weeks ago....But, Bitcoin still on downtrend making very hard to trade altcoins in this bear market. Any kind of breakdown of Bitcoin could invalidate any technical analisys aboit any coin making useless any coin overview. Also, lack of real buy pressure makes harder to hold longer positions because traders will be taking profit so fast.
MTL is not free of general market overview and any bad scenario for Bitcoin could make bleed this coin again. However, last month has been "good" on MTL like accumulation scenario and it already ignored any market fluctuation sharing some positive signs of
If you like Fundamentals, this coin got a lot of work behind ( you can develop by yourself ). Also, some rumours about to got relisted on Bittrex ( where it reached x30 price against bitcoin than now )
I have no doubts that MTL will fly on a bull market and this position is very interesting to invest.
Good luck
MTL/BTC it reached the bottom?After huge dumps in May, Metal seems to regain some strenght.
Volume is steadly increasing, and it seems like that curve would go upwards eventually.
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DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
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Metal (MTLBTC) is primed for lift off as big money accumulates..Metal Pay ( BINANCE:MTLBTC ) was delisted from Bittrex and saw the price get smashed to an all time low.
They are one of the most undervalued projects in the space in my opinion as they've been hard at work with one of the most functional apps for crypto.
After having seen their iOS update at Consensus first hand with the CEO, I can confirm it's legit.
TECHNICALS :
We've got an MA cross over on a short time frame.
Inverse head and shoulders forming.
Rising RSI with a swing low failure.
Massive volume moving in on the daily.
FUNDAMENTALS:
Metal Pay release within 3 weeks
US launch in 39 states, EU soon
(Word is they've received approval for money transmitter license.)
UX design by ex-Apple employee
ATH at 300k, x30 from here
Bittrex relist once app launches
MTL ticker change
Building Metal ecosystem (Vault, Desk, Crumbs, Pay, Merchant)
CREDIT: DominatuX10 for tweet on MTL news.
Thanks for reading.