TradingView
maheswar81
Jan 4, 2018 5:14 PM

MTL is getting for 150% trade Long

Description

Hello 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.

Comment

I bought this at 70000, I will hold it as it is forming well in the triangle and going to break in few days.

Comment

Still, we are good at this trade. One can buy now also.

Stop loss below the lower triangle

Comment

I would wait for BTC to finish the rally. All our trades may spoil due to this rise.

Comment

what a shame, it was hammered heavily. I would buy here around 39000, because the price is in previous support.

Comment

Stop buying guys, Just saw this

The MTL market is being delisted on January 12th 2018 from Bittrex, that is the reason for the hammer.

Please exit - Call closed. Not worth holding because Bittrex is such a big market and delisting from there means low volume.

Comment

I request to post the information for the benefit of everyone if you see some important information like this.

Trade closed manually

Comments
greedylobster
This coin is being desisted from Bittrex (ref Bittrex market notices) - "The MTL market is being delisted on January 12th 2018."
maheswar81
@greedylobster, Thanks mate. Just saw that. That is the reason for the hammer.
whoisthelorax
@maheswar81, take a look at safex, sngls, bitshares, all of whom got delisted from bittrex. They all plunged 50%ish in value. then the traders took their metal to other exchanges and the price came right back within a week or two. (bitshares was longer i think but due to still being in downtrend)
maheswar81
@whoisthelorax, You can trade on different exchanges. We are out as of now, we can revisit.
maheswar81
@maheswar81, If you notice, 99% of our recommendations are based out of Bittrex exchange traded coins only.
dw2
@greedylobster, omg thanks you guys :)
dw2
I found the bittrex.com/status page so I don't miss it from here on in. :)
maheswar81
@dw2, Thanks for the info mate
Auwell
Why not buying now ? Metal will be relisted in Ferbuary when Metal pay comes. It's insanely cheap right now, and binance is plenly enough volume
maheswar81
@Auwell, Relisted? please share the info.
More