AllenPerez

Short Term Profit Potential on MTL! Buy Now!

Long
AllenPerez Updated   
BINANCE:MTLBTC   Metal / Bitcoin
Possible to earn around 45++% on MTL now!

As you can see, MTL recently spiked up, and plummeted down to around 0.000489. This is a strong support @ 0.000489, and I can see it holding because historically this price point is where the price always bounce off, I have pointed a few recent instances. As Bitcoin slowly recovers from its losses, we can see the same on other coins. So we can expect MTL to grow further.

Entry Price: 0.000489 - 0.000510
Target: 0.000777 (1.272 Fib) (Set sell point slightly below this price)
Stop Loss: slightly below 0.000489 (Support Line) OR if you can afford to, set it 0.000468 (0.382 Fib)

Trade at your own risk!
Goodluck! :)
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.