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RLUM18
Feb 5, 2018 3:01 PM

MTLBTC - Possible quick profit 

Metal / BitcoinBinance

Description

As seen in the chart, we see a double bottom formation with volume picking up towards the recent up. MTLBTC has also seen a slump for the longest time. But according to the MACD, the bulls are coming in to take control. Wait for confirmation from the bulls to break the 580 sat line. We should see a slight retrace. Buy at 580, s/l @ 500. Target is 540. Target is 850 sat.

Comment

ok boys, showtime! Get your popcorn ready.

Trade active



trade is still active, volume is picking up, two bull flags have formed and we will be making another attempt to break that resistance line. keep a close eye.
Comments
rnmss
Do you think it’s going up 700+ sat anytime soon?
RLUM18
@ranmsesmartins, quite possible, assuming that btc maintains momentum.
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