Looks like we are back on the uptrend support with Metal. A coin which has been on this strong and visible uptrend since the 3rd day after being listed on Bittrex. Metal has strong fundamentals, a clear and visible uptrend channel which we are on the bottom of also a good buying point. When we look at similar cryptocurrencies such as MCOBTC we can see the visible volatility, and frantic movements caused by the pumping of the coin. I think this is mostly due to things such as bears and bulls fighting to take over each time. With Metal it seems as if a core % of the holders are bullish, and we get small retracements for the most part. This is a coin we have traded already for some nice profits and I'd assume we will continue trading it. The owners of MTLBTC also met up with Richard Branson, so I think we may see something interesting in the future. If you are looking for a long hold this would be a buy position, if you are looking for a simple swing trade sell the resistance. Metal also seemed strong with growth during most of the recent market downtrend, this let's us know that there are people with bullish interest for Metals Future
Previous Chart & Trade made by our premiums for 50% Trade
Previous Chart & Trade made by our premiums for 50% Trade