As you all know, MTL is not performing well from last 6 weeks and according to the Chart patterns, Ascending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
Market/ BTC CRASH
Happy Trading :)
If you like my idea, please...
- Metal MTL Rank #184, Volume 24h $327,375,718.
- On the chart we can see a bullish flag, which is currently breaking out!
- New All Time Highs very soon.
- Target is 1:1 fib extension, RSI is prepared for the next pump.
- we had 3 years of consolidation in the rectangle / head and shoulders pattern.
- For expected duration of the trade, probability, stop...
We are looking at Metal (MTLBTC) on the long-term timeframe (weekly)... Let's see what we have here!
Prices are moving above EMA50 for the first time ever.
There was a failed attempt to break this level in March 2020, we are trying again after 1 year.
Prices closing and staying above EMA50 can lead to really massive growth LONG-TERM.
We have 1700% potential...
"Metal (MTL) is the native currency of Metal products and an essential part of the Metal ecosystem. Sending and receiving any crypto to friends on Metal Pay is, according to the team, instant and feeless. Designed to make cryptocurrency payments fast and easy, users pay zero fees when sending, receiving, buying, or selling MTL.
Additionally, Metal Pay users pay...
MTLBTC (Metal) is starting to recover slowly...
Here we have the "v shaped" bottom pattern and also the candles moving back above MA200, EMA300/EMA200.
We also have a bullish RSI, above 50, which is really important when we are seeing these types of moves take place.
If we see similar signals but with a weak RSI it can signal that the price can easily...
MTL's volumes are neutral and there are no high buy or sell volumes for now but now it's moved up to the hot coin list on Binance and might attract some attention.
If you're into opening long position, wait until the price crosses the resistance area and then after the closure of the first 4H candle, open your long positions and aim for those 3 TP areas on the...
MTL has come down to the EMA200 after losing the EMA100 support. Approximately 24% bearish move and a good short opportunity.
If today's candle closes below the EMA200 we can expect a bigger bearish movement.
Hope you enjoyed it!🍻
if u look on the chart on weekly n daily time frame u gonna see that its already above 50 EMA which is good indicator, it just went down cuz btc made +8% green yesterday.
for me I believe that BTC wont continue to go up, so its season to have coins/btc where we make bitcoin.
MTL/BTC has the potential to make 8x from here to reach 0.00049 sat
Im holding for next...
(yet very new in cryptospace and tech analysis so take this with a grain of salt).
My guess is that we will see the next fib line this summer.
a little featback for a noobi like me would be great!
messy chart but msg gets across
broken out of downtrend on btcpairing
OBV trendline touches have historically been the spot to buy
rsi bouncing of longterm trendline
this one gets a markup soon
looks pretty good