Get started

Metal / Bitcoin

0.00000629BTCR
+0.00000001+0.16%
As of today at 06:21 GMT
BTC
No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

MTLBTC trade ideas

$MTL Hitting A Lot of ResistanceMTL is looking like its going to struggle. On the positive side we have a pretty ascending triangle and its almost broken through the 2 hr ichi cloud. On the downside there's a lots of resistance coming immediately after that. We can already see that it dipped into the 4HR Ichi and got pushed right back down. I can see nothing noteworthy for news on the horizon. MetalPay is launching in beta and will be rolling out to the US shortly on a state by state basis. But this news is overshadowed by TenX aligning with Litecoin for their app. I have a lot of concerns about MTL moving forward.
Short
by Tilt101
Metal black horse unnoticed gem rising patternCandle on chart 4H MTL/BTC are between EMA20 and EMA50. Previously had get through from descending channel. Now consolidating on bull flag along with testing resistance line at symetrical triangle pattern (red line). Golden cross occurs on RSI. Trading Recommendation : Buy on Break Target Price : 54.000 Satoshi - 61.000 Satoshi Stoploss : 48.000 Fundamental News : about to launch metalpay alpha tester twitter.com
Long
by bluebeach2010
Metal/Bitcoin - lets see some actionWhen trading alts we all know the one and only goal is to outperform its pair. Here we see METAL with solid support, bouncing the lows higher and higher up. Even with significant sell pressure keeping prices down, we can hope that the consolidation of the two resistances will provide a breakthrough for the bulls. If we see the breakout push METAL back to .382 or .618 we can expect to outperform BTC in the short term - assuming its unlikely that BTC will rise 100% or 200% in the coming months (and if BTC were to rise that dramatically - I think we all will be MUCH happier anyways). MACD is getting stronger - looks to break above 0 and maintain it Not advice - DYOR - Donovan Mitchell should be the NBA ROY *Delgado*
Long
by aledelga
Bullish Symmetrical TriangleBullish Symmetrical Triangle This chart depicts the breakout of a symmetrical triangle pattern, which is currently undergoing a retest of its uptrend line as support. I entered this trade a few hours ago buying the retest and aiming for the subsequent bullish trend, which I estimate to last around a month based on the coin's past trends. Resistance had four touches before the breakout; support had three. Strong validity to the pattern. Violence of the breakout adds confluence. Breakout occurred at ~ 2/3 of the apex, great sign. Volume also picked up in recent months. Great fundamentals too. Entry: 5660 Satoshis. Stop Loss: 4560 Satoshis: below horizontal level. Target: 8990 Satoshis: conservatively below the pattern target as well as the 1.618 fib. retracement. Risk/Reward: 3.03 (recommended to have ~ 3 R/R ratio per trade). Will be monitoring this trade closely, especially in the next few days at the expected bounce! Hit the like button if you liked the TA! Cheers.
Long
by danielbelfort
1
MTL accumulation range, approaching oversold, moon time?MTL loves surfing the waves. We just hit the 100 MA, and I think now is a good time to buy between the range of the giant orange $. It's hard to truly predict a bottom, so buying within a range, averaging as it goes lower, is a great way to play. Stoch RSI is giving a strong symbol of approaching oversold. Targets are marked with the green bitcoins. This coin also has news pending of their big APP release. Leaving a % for long term HODL probably won't hurt. As always, this is not a financial advise. DYOR. Just a simple guy and his great opinions. ENJOY
Long
by McToasty
2