So i noticed MTL has lots of volume going on KRW pair, decided to hit the chart there although i dont know any korean
Noticed that the chart is at a local key support, which is not visible on binance
Trade Setup :
Buy when local high is broken @ 4800 along with the long term trend being broken
Short term target and mid term target as shown on chart
Targets are the orange resistance ( in case not obvious )
Price&Energy doesn't like to be restricted
Money-Management is advised, trade is considered active after Trend line is broken
Brief Fundamentals :
Fake-ETH, nothing new here
Listed on coinbase
Accumulation for over a year
ELF has a nice trade setup on the Daily Timeframe
Broke the downtrend, SRSI seems topped but it was also topped the last time it bull-run
Conditions are exactly the same
Althou i dont expect it to form new ATH as the RSI is already past midpoint.
Long ELF till Green Area between The Fibs
Stop-loss < 9700 Sats
R/R ratio is between 5.7 and 7
Buy Zone is the Green Box area
Second buy zone is the breaking of the teal downward trend line
Short-term Target : Red Lines
Long-term Target : Yellow line
Stop-loss < White Line
Re-buy zone if stop hits : purple Line
Volume suddenly declined to 10% of normal daily volume bars, this indicates that whales want to keep the price at the current level for a...
Targets on chart ,Sell @ pink resistance
All the targets are void till breaking of 71k
Good Risk Management is advised
Brief Fundamentals :
MTL is an Ethereum Token that uses MetalPay's unique Proof-of-Processed Payments (PoPP) to identify and reward users by giving them back up to 5% of their transactions in the form of MTL.
No ICO ,only Pre-sale
Easy to use...
Stratis is looking extremely good on the weekly chart ,Historical support held and the volume declined on the down-move with a successful test .
Stoch just had a crossover
MACD histogram about to turn positive
Breaking of the 60 lvl on the RSI will signal a fomo bullish move
Risk/Reward is 6 for Target 1
All of these are positive signs for med-term hodl ( 1~3...
Details on Chart .
Risk/Reward is 5.5 for Target 3 .
Ardr retraced 98% of the previous bullrun and lost 85% of its price ,after such a sharp drop comes a massive price rise.Even a shit/scam coin without fundamentals will pump when met with such conditions
Tp1 is the recommended target ,Wait for two daily candles close above The red area before aiming for the...
Everything You need to know is on chart ,Just click Run button if you want to know where we are/price is.
Good Risk managements is Adviced
If you have any Questions dont hesitate to ask in the comments
As you can see in buttcash chart ,Inverted Head&Shoulders is currently forming
Buy Area : $600~685
Stop-loss < $550 ,Upon Breaking of Neckline ,change stop to slightly below the line
TP are the Red resistance lines ,give or take a couple of bucks
1st : 755~760 ( H&S target )
2nd : 845~852
3rd : 945~958
4th : 1050~1120 ( Fib 0.23 )
Final : 1550~1625 ( Fib...
As you can see in this idea ,DGB is holding nicely over the trend and Green support area.
Daily volume has declined implying selling has stopped.
The whole green area between the lines are Buy zones
Buy strategy : slow-accumulation ,buy small amounts every time it dips ,buy the rest when it breaks the teal trend-line
Their is 3 Take profit areas marked on the...
stop loss < 49.5k
Sell zones are the red lines ,higher target = longer wait
TP1 : 65~68.8K
TP2 : 75~76.3K
TP3 @golden line 83.6k
TP4 : 94.5~95k
TP5 : 100k~Previous ATH @115k
Golden line is a Critical line .breaking of that will signal a move to the next targets
This is a 3 month pattern ,that long of a duration indicates a Strong&Fast move
Fundamentals : Check
Buy zone : Check
Short-term and long term Profit : Check
News Coming : Check
Sweet R/R : Check
What more do you need to be convinced ?
Short-term Target : 6k Sats
Long-term targets : Previous ATH @9k Then 11.5k Sats as a new ATH
Stop-loss < 2400
Good Risk management is advised ,Give the Trade time to develop and don't be hasty