Metal or MTL cryptocurrency has completed the setup to take bullish move upto 780%
Metal or MTL cryptocurrency has completed the setup to take bullish move upto 780%

By moon333 | moon333 | 3 weeks ago

$0.05 tipped


What is Metal or MTL cryptocurrency and Metal pay system:

Metal is a blockchain-based crytpcurrency system which utilizes Proof of Payments to identify users whether the senders or receivers,
The system rewarding users for converting fiat currency into cryptocurrency using MTL pay system.
It works just like Bitcoin and the MTL pay system has really a user friendly interface.
The Metal is just like a bridge to buy any other cryptocurrency.
Even The Metal pay system can be also an ice breaking thing between the people who or businuses who refuses to accep card payments system and believes in cash only transactions.


The Technical analysis of Metal coin's price action move:

https://www.tradingview.com/x/SHylWEsH/


On week chart the price action of MTL was moving within a pennant since April 2018 and now in the month of July 2019 it has left the pennant directionless without breakout or break down.

 

https://www.tradingview.com/x/SQZFMNJP/

The Moving Average Convergence Divergence turned strong bullish in Sep 2019.

 

 

https://www.tradingview.com/x/O3OJe5Kw/

RSI was oversold in Aug 2019 and now turned bullish and moving up.

 

https://www.tradingview.com/x/RsrKoF91/

Bollinger Bands is squeezed indicating that the breakout or breakdown will be soon.

 

 

https://www.tradingview.com/x/SvEuL2ZR/
On day chart 100 simple moving average crossed down the price action and lifted the price up but the price is rejected by the 200 SMA resistance now the price action is retesting the 100 SMA as support during price correction period.

In the meanwhile the 200 SMA is moving down to form a golden cross with 100 SMA which can produced bull thrust more powerful than the previous one.


https://www.tradingview.com/x/Km30xTIV/


Now back to week chart the after placing ichimoku cloud we can see that brearish cloud is turned weak and squeezed signaling that soon it will be turned bullish and green.
Lagging span of ichimoku is moving sideways beneath the priceline and it can cross up the price line soon at any time.

 

 

https://www.tradingview.com/chart/MTLBTC/pCKbBvV4-MTLBTC-a-breakout-expected-Upto-780-profit-possibility/

Implementing the Fibonacci calculatiobn method on complete pennant from the tail upto the support of pennant gives us the result that the priceline of MTL / BITCOIN can acheive the below sell targets easily:

 

1st target: 0.00027 sats

2nd target: 0.00034 sats

3rd target: 0.00040 sats

Final target: 0.00050 sats

Regards,
Atif Akbar (moon333)


moon333
moon333

Hi, My name is Atif Akbar and I share my charts as username moon333 and I am one of the worlds top authors of cryptocurrency charts on tradingview to verify you can visit: https://www.tradingview.com/markets/cryptocurrencies/ideas/ Most of times at no:1


moon333
moon333

Hi my name is Atif Akbar and I am one of the top 3 authors of cryptocurrency trading charts as per tradingveiw I publish there with my username moon333 to verify you can visit: https://www.tradingview.com/markets/cryptocurrencies/ideas/ I also publish the charts of different other assets like forex, commodities, CFDs Stocks e.t.c. Here you will find perfect predictions on different trading assets.

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