MTL Rocky Mountain High - Peak 1 - Upcoming Trek
Good evening! I can't say enough good things about this project. Hands down one of the best applications in crypto. Metal Pay is on its way to being a great project fundamentally. This chart and project have convinced us that it's time to pack our bags and head out onto the trail with Metal. Let's get Rocky Mountain High rockin full Metal jackets...
Before we start trail blazin, ideally we want Metal to get above the 100 EMA to activate this trade. With a nice close above the 4h we can enter with a stop below the 100 with a target above the 200 EMA. Assuming BTC behaves, we should be able to make it up to Base Camp fairly quickly. Work your way between camps my friends and enjoy the trail ahead!
Base Camp - 1111 (lucky elevens!)
Targets:
Camp 1 - 1225
Camp 2 - 1315
Camp 3 - 1390
ime Frame:
Short Term (within 1 week)
Remember to take profits at targets and ladder buy on the retrace. Don't FOMO! Wait for the ideal price to come to you. We can gauge good buying prices in shorter time frames utilizing our Stochastic indicator. Trades are all based on BTC being flat or increasing. Most decreases in BTC lead to Alts following suite. If BTC falls it is recommended to exit alts to reduce the potential risk involved after the volume we've been experiencing.
Enjoy the adventure!
May your stack see blue skies and brighter days!
- CK
Join us on Telegram!
Telegram Chat - t.me/rockymountainhighchat
Telegram News/TA Channel - t.me/rockymountainhighnews
Disclaimer: This is not meant to be trading advice but rather for education and analysis of the cryptocurrency markets.
Before we start trail blazin, ideally we want Metal to get above the 100 EMA to activate this trade. With a nice close above the 4h we can enter with a stop below the 100 with a target above the 200 EMA. Assuming BTC behaves, we should be able to make it up to Base Camp fairly quickly. Work your way between camps my friends and enjoy the trail ahead!
Base Camp - 1111 (lucky elevens!)
Targets:
Camp 1 - 1225
Camp 2 - 1315
Camp 3 - 1390
ime Frame:
Short Term (within 1 week)
Remember to take profits at targets and ladder buy on the retrace. Don't FOMO! Wait for the ideal price to come to you. We can gauge good buying prices in shorter time frames utilizing our Stochastic indicator. Trades are all based on BTC being flat or increasing. Most decreases in BTC lead to Alts following suite. If BTC falls it is recommended to exit alts to reduce the potential risk involved after the volume we've been experiencing.
Enjoy the adventure!
May your stack see blue skies and brighter days!
- CK
Join us on Telegram!
Telegram Chat - t.me/rockymountainhighchat
Telegram News/TA Channel - t.me/rockymountainhighnews
Disclaimer: This is not meant to be trading advice but rather for education and analysis of the cryptocurrency markets.
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