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AlanSantana
Nov 29, 2018 12:31 AM

[MTLBTC] Metal Round 2 [400% PP] Long

Metal / BitcoinBinance

Description

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.

Comment

We are about to hit our second target... You can sell anytime now and secure profits. We joined early for this trade.

Thanks for the support.

Comment

For those on Bittrex:

(1) 0.00000895 - Target hit 28-Nov. (+27%)
(2) 0.00001111 - Target hit 28-Nov. (+57%)

Peak reached 0.0001279 (+81% from our original buy in).

Comment

After this very nice run we are going to have a classic retrace:


Here is our original buy in for this call
Buy in: 0.00000680 - 0.00000730 (Avg. 705)

Trade active

Trade active

Comments
tinyy4u
can i still get in at 0.0001045?
AlanSantana
@tinyy4u, It is going to go lower, wait for the price to retrace.
cryptocoachkev
@alanmasters, what do you think its going to retrace to?
MrDiamondHands
I am concerned that user AlanMasters is posting incorrect and misleading information in order to pump and dump several of the highly vulnerable altcoins. Most of his charts claim that because a recent upward movement occurred in an altcoin, that it is worth buying or going "long" on; this lacks any real technical analysis (the whole point of this site). He makes extremely optimistic claims, almost always stating that each coin is set to hit a 150% - 1000%+ profit in the near future. Shortly after his charts, the altcoin is sold off heavily leaving buyers who would have used his chart with steep losses. There are hundreds of charts in his profile that exude this same trend. I've read several comments where people complain about him posting charts after a big movement has occurred, only for the trend to reverse and plummet right after his posting. With a high number of followers, users like this are easily able to exploit the public.
MeSang
Been BH since 0.0007336, will we see these prices by end of 2019?
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