MTL made a bullish divergence on higher time frame after hitting the last low and in progress of 5 wave advance. Immediate targets for wave 5 termination are Blue lines, but could advance much higher ! You may want to exit partially and hold 20% of position aiming for over 150k sat.
does this trade hold as long as mtl stays above 43000?
edwardcryptoamos
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@cycler, Since MTL being delisted at Bittrex by Jan 12th, I recommend to exit as soon as you are in profit!
cycler
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@PAHMAD1339, half of my entry was 32000, the other half at 6500, so I broke even, no probs.
edwardcryptoamos
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@cycler, May want to wait for couple of days, I expect MTL to rise just before Jan 12th. Wait to exit Then.
cycler
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@PAHMAD1339, i sold at 50'000, so I'm not sure if buying back in is a good idea, even though its 20% lower than my sell point. thanks for replying by the way, Its just impossible to nail every single trade. the other trades of yours I've followed have made this loss look very tiny! just made 150% on bitbean, I love the bitbean!
tarunjain909
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I was aiming complete position above 170K :P
But it seems i should change the sells i placed . Thanks Mr Ed.