Let's take a quick look, and trade for profits. We have several signals to look at here:
- On the left side you have the . You can see the on the side and the price on a clear uptrend.
- MTLBTC is now trading above EMA10 and EMA50.
- is and moving up with good momentum after coming out of oversold.
- Huge increase in , this is for the daily time frame (TF).
- On the weekly TF (right hand side) is extremely high as well. The highest since this token was added to Binance back in 2017. You can tell by looking at the last green bar at the far right.
- Clear crossover on the .
- and are both oversold. If we go back to our trades/learning, we can be reminded that an oversold and after producing a low, creating a at a bottom of an uptrend, followed by a strong bounce with good , all support growth; which for us means green money.
- Yes I talk about money all of the time, that's because I recognize its importance as a tool to be used in this reality. A tool that can help us better exprese ourselves and allows for more growth, freedom, security, opportunity, choices and comfort in our lives. Money is good. Be grateful for it, accept it and be wise spending it...
Metal ( MTLBTC ) trade by Alan Masters
Buy in: 0.000106 - 0.000116
Next support: 0.0000920
MTLBTC Targets for Alan Masters:
Stop loss: Close weekly candle below 0.000830.
Capital allocation: <10%.
Thanks again for reading.
Thanks again for the amazing and continued support.
Thanks a lot for following Alan Masters.
All I wish is for you to make more than a living trading these coins.