METAL (MTL/USD) Target $15.58 (254% Profit Potential); MTC/BTC Target 0.003219 BTC (5x Profit Potential)

SUMMARY

Metal (MTL/USD) is channeling within bull flag trend lines. If the a,b,c is complete, then the next clear step is for the upper trend line to be breached. MACD seems primed to support this objective and then towards $15.50 or 254% Profit Potential.

MTL/BTC belongs to the Bullish Downward Pointing Symmetrical Triangle species of Altcoin chart patterns. It has done the inital geyse breakout but a bigger geyser is expected towards 0.003219 or 5x profit from current price.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
Follow me on Twitter for Real Time Alerts!!
--
--

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**