MTL at the moment broke falling wedge, and now is forming 2 figures: a bull flag, with the future transformation into a bearish flag, which will give MTL impulse for correction, to the newly formed support located in the area 34k sats. up to 40k sats., which is not strong enough to keep a large sales flow, so I advise you to leave a stop loss, which we also...
I see a correction coming for MTLBC . As you can see, I pointed out the correction hitting A. 1% earners cashing out, then booming after the weak hands sell. Hold on to this for a few days, see what happens.
Long AF on this thing. Being that MetalPay will be a fiat gateway for crypto, there has been lots of speculation that whatever entity/MM controls the liquidity of Metal, certainly measures their spread in USD; thus it is more accurate and insightful to weigh Metal against USD than BTC. Renko chart to eliminate volume noise to simplify chart Clearly price is...
Platinum testing lows from the recession. I highly doubt it breaks those levels unless there's something special about the platinum market that I'm unaware of. It's showing signs of Wyckoffian Accumulation, so I'd look for it to go sideways for a couple of weeks. It's currently at the bottom of the TR (Trading Range) looking as if it's testing for any additional...
Interesting, on the elliot there are always 9-11 days between the bottom and the top inside the descending triangle
MTL Marketing role: filled Conseus: next week Alpha updates: nice updates Version 1.0 (23) Mainnet: ? bittrex relisting:? waiting for: PoPP testing app realease over the summer GENERAL Blockchain week new york: 13 may always good soars after the event technical: differents failed breakouts, still in accumulation zone between lv 0.618 fib (5.67$) and lower...
MTLBTC currently in equilibrium, and so far has respected the upward green trend-line and has a clear break-out level defined at 6000. A break above this level would easily meet the 7500 and 10000 levels, and a break below 5000 would be bearish and would send it down to as low as 2500.
Hello all, hope you are all having a great day! Markets are starting to turn bullish, especially alt coins! Lots of alt coins have have started breaking out or have broken out from their accumulation levels. MTL was one that has been in accumulation for many long months, and has finally broken out of its tight consolidation... I see a bullish 20/50 day...
Pennant on the half hour chart..
higher. Excellent risk/reward levels of 1:4, 1:6, and 1:8 in a well defined channel up. Hasn't been affected by the recent pumps in many other tokens and may not be on many radars. While the daily volume looks good, if you look at shorter time frames like the 4 hour chart, you'll notice some odd behavior here in the volume, which you don't see on other...
Reasons to buy using a STOP LIMIT order to BUY when prices cross the consolidation zone: 1. Valid break-out pattern with a clear consolidation zone 2. Increase in volume prior to break out 3. Long accumulation period 4. High return on investment (121%) with massive 6.6:1 risk/reward Enjoy. Disclaimer: This is only my opinion, make of it what you wish. It...
Seems like a good opportunity to make a small buck. Enter in the support(lower) line, sell the entry at upper (resistance) line. Let the rest ride.
MTL now in correction B wave - waiting 7.7% bounce from current level.
The basing phase for Metal (MTL/BTC) has patterned out a very nice looking symmetrical triangle that divides well into ABCDE waves. This took nearly four months! Since Time is not a reflection of sentiment, unlike price; it can't be projected very well. However, the breakout into wae 1 seems solid and the current minor sideways action should end soon for wave 2....
watch for a reversal in this range.
A Fundamentally and Technically strong coin, Metal has a working product currently testing in the alpha phase. The product could be released publicly in a beta at any moment which would accelerate the breakout in price. Metal has broken out of the accumulation zone is making a run up to resistance, this time around I'm expecting the price to breakout. 2-3x potential.