Metal - a hidden gem among oversold coins?!
Not gonna lie, I haven't researched this coin. To be honest, I don't care about it's fundamentals.
This coin looks like it is potentially about to E X P L O D E.
This coin is down 97% from ATH.
Back in the early part of December this coin had an 80% rise in one day..
Volumes are rising substantially, meanwhile the trading range for this coin has narrowed significantly.
MACD has been showing bullish divergence for months, and is near the zero-line.
RSI is showing bullish divergence on the daily.
Elliott Wave theory shows a full 5 waves down with an A and B wave already complete.
This is my personal trade. I bought in at 608 and plan to cash out at NO LESS than 900 sats, unless my stop is hit.
I am expecting this trade to be very short to medium term.
This coin has A LOT of room to move, especially if Bitcoin is finding support.
Once I am in profit in this coin, I will just be moving my stop-losses up every x%. A trailing stop loss, basically.
I strongly suspect this coin will produce massive profits for those that hold longer term.
Trade is invalidated with a break below 585 sats.
The above long position is just an example. My stop loss is located just under the previous low.
Stupidly oversold:
Accumulation, anyone?
Divergences:
Closeup:
This coin looks like it is potentially about to E X P L O D E.
This coin is down 97% from ATH.
Back in the early part of December this coin had an 80% rise in one day..
Volumes are rising substantially, meanwhile the trading range for this coin has narrowed significantly.
MACD has been showing bullish divergence for months, and is near the zero-line.
RSI is showing bullish divergence on the daily.
Elliott Wave theory shows a full 5 waves down with an A and B wave already complete.
This is my personal trade. I bought in at 608 and plan to cash out at NO LESS than 900 sats, unless my stop is hit.
I am expecting this trade to be very short to medium term.
This coin has A LOT of room to move, especially if Bitcoin is finding support.
Once I am in profit in this coin, I will just be moving my stop-losses up every x%. A trailing stop loss, basically.
I strongly suspect this coin will produce massive profits for those that hold longer term.
Trade is invalidated with a break below 585 sats.
The above long position is just an example. My stop loss is located just under the previous low.
Stupidly oversold:
Accumulation, anyone?
Divergences:
Closeup:
การซื้อขายยังคงดำเนินอยู่:
Oh, yeah.
Forgot. D:
Breakout of a descending channel, with a subsequent successful re-test for support.
Let the games begin.
Forgot. D:
Let the games begin.
ความคิดเห็น:
The channel held and we've moved up!
This is my current count :)
This is my current count :)
การซื้อขายยังคงดำเนินอยู่:
S/L moved to entry point at 608.
LET 'ER RIP!
LET 'ER RIP!
ความคิดเห็น:
Hidden bearish forming in the 4h unless we break this resistance
ความคิดเห็น:
Looks like an A&E double bottom tho.
This would surely produce a great rally.
Stay tuned, friends :)
This would surely produce a great rally.
Stay tuned, friends :)
ความคิดเห็น:
TA Porn
ความคิดเห็น:
After checking the trend lines on the daily, I think we MIGHT have a breakout :o
ความคิดเห็น:
While this is technically a bearish pennant, volumes have been exponentially rising, and the RSI is massively bullishly diverging.
This coin is gonna M O V E
This coin is gonna M O V E
ความคิดเห็น:
Not entirely positive here, but we may be having a breakout.
Note the same volume seen on THIS daily candle so far is almost equal to that of the previous one which produced a bearish doji.
This looks legit:
Current count:
Note the same volume seen on THIS daily candle so far is almost equal to that of the previous one which produced a bearish doji.
This looks legit:
Current count:
ความคิดเห็น:
Metal has so far flipped extreme resistance into extreme support.
On the 6h, we have wicked twice to 650 but as soon as we've gotten there, buyers have showed up. If MTL can hold 650 sats and enough buyers are present, we should see a nice rally in coming days :)
On the 6h, we have wicked twice to 650 but as soon as we've gotten there, buyers have showed up. If MTL can hold 650 sats and enough buyers are present, we should see a nice rally in coming days :)
ความคิดเห็น:
ความคิดเห็น:
I just realized. That screenshot is outright porn.
We broke the descending resistance line, which was re-tested for support.
Now we're confirming an Adam and Eve double bottom.
If this holds .. omg.
We broke the descending resistance line, which was re-tested for support.
Now we're confirming an Adam and Eve double bottom.
If this holds .. omg.
ความคิดเห็น:
Threw on the TTM squeeze indicator just to see what's going on.
Sure 'nuff, this coin has had the living crap squeezed out of it for months.
The past few weeks however? The very time in the history of this coin we have had an uptick on the weekly for the TTM squeeze.
Looks like it is still getting squeezed but this time it looks to be an upward squeeze.
Only time will tell.
Sure 'nuff, this coin has had the living crap squeezed out of it for months.
The past few weeks however? The very time in the history of this coin we have had an uptick on the weekly for the TTM squeeze.
Looks like it is still getting squeezed but this time it looks to be an upward squeeze.
Only time will tell.
ความคิดเห็น:
Highest sell volume since July on the TWO WEEK, yet we're producing a bearish hammer. Prior to this hammer we had a bullish inverted hammer, and a bearish morning star.
This signals potential equilibrium to me.
I've also noticed that when a coin has multiple doji's or hammers in a row, it usually has an extended and violent move.
This is beginning to look a lot like Christmas..
This signals potential equilibrium to me.
I've also noticed that when a coin has multiple doji's or hammers in a row, it usually has an extended and violent move.
This is beginning to look a lot like Christmas..
การซื้อขายยังคงดำเนินอยู่:
ความคิดเห็น:
We need a higher high on the 1h RSI and soon.
ความคิดเห็น:
ความคิดเห็น:
Count looking amazing so far :D
ปิดการเทรด: ถึงเป้าหมายการทำกำไร:
Well, it's been a while since I updated, but we hit our target. FAST.
WAY faster than I thought we would.
Unfortunately, I screwed up my trade, but this was an easy 50%.
Congrats to anyone who tagged along ;D
WAY faster than I thought we would.
Unfortunately, I screwed up my trade, but this was an easy 50%.
Congrats to anyone who tagged along ;D
ความคิดเห็น:
By the way, for what it's worth, I believe this coin is probably only just getting started.
ความคิดเห็น:
UPDATE!
Weekly bullish divergence.
Look at those volumes :O