Metal / Bitcoin
Long
Updated

Metal has upside against eth and btc

276
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?
Note
two possibilities, namely against Ether (BTC upperbound trendline is not as questionable)

trendline misplaced
snapshot

or

retest
snapshot

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
Note
Will update my targets for conversion back to eth/btc
Note
2/3rds profits will be taken at the following prices:
snapshot

1/3rd will have a trailing exit stop

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