Lanmar

Metal has upside against eth and btc

Lång
Lanmar Uppdaterad   
BINANCE:MTLBTC   Metal / Bitcoin
I am buying Metal.

I always look at alts in relation to btc and eth. Why trade your btc or eth for an altcoin unless the alt has more upside?
Kommentera:
two possibilities, namely against Ether (BTC upperbound trendline is not as questionable)

trendline misplaced

or

retest

As it stands, I am in favor of trendline misplaced. However I do see a breakout as imminent in the near future as my first chart shows with the arrows
Kommentera:
Will update my targets for conversion back to eth/btc
Kommentera:
2/3rds profits will be taken at the following prices:

1/3rd will have a trailing exit stop
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