RIsk v reward on this play of 8.13. 10% stop loss - below the support. Stoch is well oversold. And we are not far off the MACD turning up and crossing over. MACD has a ton of headroom to play in.
Upside on this play is 80%. Having said that to hit the recent high is over 150% and MTA could easily blow past that.
Total coin supply of 100M. Circulating at 4.7M Mcap is 19M and turnover for 24 hours is 8.5M Given the almost 50% ration to total mcap, this coin has some attention on it.
Remember, 10% stop loss. A very healthy risk/ reward. This is a quality trade. Always manage risk. If you are in the safe profit zone, slowly and methodically lift up your stop loss to ensure that this is a profitable trade. Don't get greedy with the Stop Loss but be smart.
DYOR and enjoy the profits.
This one we will make profit and we will be very grateful. And if not, we manage risk and ensure we stay in the game.
Love and light.
Crypto Nut
Upside on this play is 80%. Having said that to hit the recent high is over 150% and MTA could easily blow past that.
Total coin supply of 100M. Circulating at 4.7M Mcap is 19M and turnover for 24 hours is 8.5M Given the almost 50% ration to total mcap, this coin has some attention on it.
Remember, 10% stop loss. A very healthy risk/ reward. This is a quality trade. Always manage risk. If you are in the safe profit zone, slowly and methodically lift up your stop loss to ensure that this is a profitable trade. Don't get greedy with the Stop Loss but be smart.
DYOR and enjoy the profits.
This one we will make profit and we will be very grateful. And if not, we manage risk and ensure we stay in the game.
Love and light.
Crypto Nut