ESPERAR LA RUPTURA
Looking at the 4-hour chart for Metal, I find it hard to believe it is this cheap. The price action is in a falling wedge pattern as it approaches the yellow support line of a triangle. You can see bullish divergence on the MACD and in its currently oversold state on the RSI, I am anticipating a nice jump from this falling wedge. If you are not familiar with...
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...
It has been many times bounce from support line to the rising channel. I am expecting another one. Enter Level: 49 Target 1: 57 (%16) Target 2: 64 (%31) Target 3: 78 (%59) Stop Loss: 45 Risk / Reward Ratio : 7.1
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...
So, check this worthless piece out. I've been hearing a lot of whining such as "Buhh, muh triangle!" "buuhhh, it was supposed to break out" "buuhh, that volume looks fishy!". Well, I got news for those sweet pants: NOBODY WASHES VOLUME LIKE THAT IF THEY PLAN ON IT GOING DOWN LONG TERM. This has got to be one of the most epic accumulations I have seen...
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...
This one won't do any wrong on long term, just check out the volume accumulation past week.. its insane.. we will see some profits on this one for sure.. Lets see how long can we keep the lion in the triangle!
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...
Obvious accumulation that has been ongoing for a long time with some kind of ascending triangle. I bought around 50k near support of the asc tri, still a good time to buy in imo. Breakout of the asc tri should lead to an insane move, I'm expecting this to happen sometime in may.
it's time for metal to enter the top 50 by mcap...
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...
Accumulating volume steadily increasing, in a major symmetrical triangle, waiting for a breaktout but this looks hard to pass up at the moment. Confluence of long term and short term fib levels is the target, also roughly the height of the triangle