Metal Starts To Generate Profits | Round 2 | 70%+ Next!

2 нояб. 2019 г.

Our last chart for Metal (MTLBTC) was shared in late September, on the 27 to be exact, and five (5) targets were hit for 80%+ of profits... You can see it here:

A retrace took place after we hit our targets, which is normal, and now MTLBTC is starting to move again... Let's take a closer look at the chart:

• We can clearly see Higher Highers (HH) followed by Higher Lows (HL). The uptrend is confirmed.
  
  
• We can also see how the price drops after each peak (purple lines/falling wedge) just to jump back up and reach higher each time.
  
  
• The indicators also continue moving higher and both are now on the bullish side. The MACD is curving up with momentum and the RSI is above 58.
  
  
• Today MTLBTC is moving above EMA100 on low volume. Printing such growth on low volume with this setup is a bullish signal. On a bearish chart, it would be bearish and indicative of an upcoming drop. But on a bullish chart, this low volume growth points to no-pressure from sellers, so the pressure is going to show up at higher prices.
  

Feel free to ride this wave with us all the way to the top.

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Namaste.