MTL
MTL LOOKS BULLISH (BUY SETUP)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the MTL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MTL RESULT!!!BYBIT:MTLUSDT.P
Wow. this trade was everything i expected i am very proud of this outcome i took my patience and held on too watch these playa bottoms form! it was just a matter of time until i took a shot at this one and after the last spike from the 3rd through to the 6th was that sweet swing.. the volume came through and seen that double bottom forming on the 1HR and took my shot! thats all! win or lose it dont matter! im interested in the best setups. Time to reflect with my wife and find the next best trades i got my eye on. ill be sure to go through these ones tomorrow. ROAD2AMILLI
Mtl Find order and Chaos will followAight guys this is my last or penultimate post for the next few days maybe 2 weeks depends, Posting your trades and updates and stuff I did not realize was so much work. I will update trades in progress however.
Just took a long in mtl
Mtl is going to swing High, holding 1.0203 support, resistance shall soon be broken.
MTLUSDT#
i expect there will be a correction move we have very important and strong support zone and we are in over sold area MACD is showing bullish RSI showing bullish EMAs is neutral ZELMA is showing uptrend-move Ichimoku cloud is neutral Fib retracement is showing bullish Accumulation distribution is bullish buy and hold it to the next targets at the chart
✳️ Metal Bullish Bias Explained + Related To BitcoinHere we have a mixture of patterns that alerts us of a bullish bias.
MTLBTC
- Produced a very strong decline. A strong move to any side produces a similar reaction to the other side.
- This steep decline from 20-Feb. to 22-Mar. ends in a higher low compared to Dec. '22.
- A volume breakout takes place; the highest volume since February. This signal goes together with the previous two.
- As these signals accumulate, prices break above EMA10.
Some other pairs, not many but a few, are starting to show huge breakout on the Bitcoin side.
If more pairs break bullish, this confirms that this group of Altcoins is ready for a bullish wave.
It also confirms Bitcoin's higher low, regardless if the correction it produces is weak or strong.
Namaste.
MTL CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the MTL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✳️ Metal Hits New High As Soon Bitcoin RetraceAs soon as Bitcoin went a minor retrace, Metal (MTLBTC) moved up strong and hit a new high... This is the same signal I used in the past to predict additional bullish action for Bitcoin.
When Bitcoin drops, everything drops.
When Bitcoin drops but the Altcoins grow, this is a signal that Bitcoin is only going through a retrace before additional growth.
This is great news... Enjoy the profits!
Namaste.
MTL : IS THIS COIN GOING TO SHOW A HUGE BREAKOUT OF 300% UPToday, we conducted a study on a certain coin for the upcoming time period. We observed an intriguing connection between a previous breakout of up to 300%, as depicted in the accompanying image, which occurred within a 3-hour period.
Upon further examination, we noticed that a trend had been present for 10 hours prior to the breakout, indicating a breakdown trend. Currently, we are seeing similar trends, with a breakdown that has been in progress for 5 hours.
It's important to note that this does not guarantee a breakout will occur, and we cannot guarantee any outcomes. We are simply highlighting the potential for a breakout based on our observations.
Based on our study, the coin MTL is still worth considering if it remains above 0.80. However, we do not focus on day trading for this coin, as our primary focus is on the breakout view.
Do always study, and see this update only as a view
For day trading
The coin is currently displaying a breakdown trend on the low time frame and it would be intriguing to see if it targets $1.11 again.
The key level to watch for is $1.98. The last breakout of 300% did reveal first a short-term breakdown for 10H, then broke out in 3 hours by 300%.
on this chart, we see a similar pattern.
Depending on the breakdown time frame, we are now at 5H.
There are more views showing a similar trend, our of the basic time frame patterns.
MTLUSDT 4HMTL is an Ethereum token that powers Metal's products and ecosystem. Metal is a payment processing application that offers its users the ability to convert their fiat currencies into cryptocurrencies and vice versa.
At the moment, it is transiting the median of the Keltner Channel, inside a triangular formation that will probably break upwards since the MTl is 85.72% below the historical maximum.
the asset circling above the Ichimoku cloud demonstrates a clear command of the complyers being confirmed by the RSI which is clearly exhausted from selling forces. The price of Metal has increased 27.64% in the last 7 days, it has retreated, but I believe it will break the upwards trianule.
Here are the supports and resistances in the 4H:
Main support levels : 0.998 / 0.912 / 0.843
Main Resistance Levels: 1,158 / 1,297 / 1,578
MM200: 0.910
$MTL/#BTC [#Metal DAO]: BBand_Breakout Hey traders, we've identified a Bollinger Band breakout on the $MTL / $BTC chart. The price has moved outside of the upper Bollinger Band, which can indicate a potential bullish trend. The next resistance key levels are at 0.00004545 | 0.00004869 | 0.00005513 and the major support zones are respectively at 0.00003901 | 0.00003581 | 0.00002937. We may consider buying at the current price zone 0.00004392 and targetting higher levels.
Technical Metrics :
Current price: 0.00004392
24H Volume: 4.0464 Ƀ
24H Price change: 5.097%
- Pivot Points - Levels :
Resistance: 0.00004545 | 0.00004869 | 0.00005513
Support: 0.00003901 | 0.00003581 | 0.00002937
Indicators recommandation :
Oscillators: NEUTRAL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- In-depth MTLBTC technical analysis on > Tradingview TA page
✳️ Metal Looks "Shaky" vs BitcoinI have to honest with you, always... And the way the MTLBTC chart looks like is just "shaky"... Doubty , if that word exists.
But there is still something that calls me about this chart... Consolidation since November, higher lows, bullish RSI...
Aha! It is about the cycles, the market cycles and the chart setup, risk vs reward for a trade.
If the bullish potential is there, if the market cycle is about to change, if the risk is low... One can jump with good probability of not being wrong.
15% risk is pretty good... It doesn't mean that you will win or have to win, this is the maximum that you can lose.
Well defined risk.
The target can be 60%, 80%, 100% or more.
Low risk vs high potential for rewards.
You don't have to hit them all.
You just need a plan.
Diversify.
Learn from mistakes and in time, you, your capital, your wealth and your trades will all grow.
Namaste.
MTL CAN GO DOWNHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the MTL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Metal (MTL) formed bullish Gartley for upto 38% moveHi dear friends , hope you are well and welcome to the new update on Metal ( MTL ) token with US Dollar pair.
Previously we caught a nice pump of MTL:
Now on a 4-hr time frame, MTL has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
MTL - Falling WedgeA falling wedge can be plotted on MTL on this Weekly timeframe
This falling wedge is also accompanied by a strong double bottom along the horizontal bottom line
I have placed some bars patterns indicating how falling wedges should break out in a bullish fashion
MTL/USDT LONG SCALP SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this MTL/USDT trade setup.
MTL looks good here. Breaks out from the falling wedge like structure in 4hr time frame. Expecting a good 10-15% rally from here. Long some now.
Target1:- $1.074
Target2:- $1.112
Target3:- $1.148
Target4:- $1.198
SL:- $1.02
Leverage:- 10x
If you like this idea then do support it with like and follow.
Thank You!