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Lanmar

Metal has upside against eth and btc

Long
Metal / Bitcoin (BINANCE:MTLBTC)  
Lanmar Updated   
BINANCE:MTLBTC   Metal / Bitcoin
Chart Patterns MTLBTC MTLETH
4
2
chartpattern mtlbtc mtleth
I am buying Metal.

I always look at alts in relation to btc and eth. Why trade your btc or eth for an altcoin unless the alt has more upside?
Comment:
two possibilities, namely against Ether (BTC upperbound trendline is not as questionable)

trendline misplaced
snapshot

or

retest
snapshot

As it stands, I am in favor of trendline misplaced. However I do see a breakout as imminent in the near future as my first chart shows with the arrows
Comment:
Will update my targets for conversion back to eth/btc
Comment:
2/3rds profits will be taken at the following prices:
snapshot

1/3rd will have a trailing exit stop
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