Metal Pay- MTLUSD - Great Buying Opportunity-350% Gains ExpectedMetal Pay MTL - MTLUSD Great Buying Opportunity Coming Ahead -
350% Gains Expected! - Don't Miss This One.. :)
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been conformed.
Target Profit Range - 0.43-0.86
TP 1 - 0.43
TP 2 - 0.56
TP 3 - 0.73
TP 4 - 0.86
Buying Zone! Long Position
Early Entry Trigger Point - 0.23 -.026
Ideal Entry Trigger Point 0.16-0.19
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point 0.341 you can still make 26.5% profit till TP1 is reached, however there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like and follow , If you like my analysis :)
Mtlprediction
MTL : Falling Wedge CreationShort term upward Elliott waves creation is possible by the following week for the pair MTL/BTC. MTL has been like most of the other crypto's for the last 5 to 6 months and even declined upto 20X in a year. Here is a short term possibility for MTL as an option for swing traders. But a breakout is expected to be in the trade for full terms. RSI is in good terms at 41 and 50EMA and 89EMA are still above the price but looking to fell down in the near term. Volume need to grow to see a breakout though.
Accumulation Zone : 6200 sats - 6500 sats
Distribution Targets :
Target 1 : 6790 sats
Target 2 : 6930 sats
Target 3 : 7070 sats
Target 4 : 7270 sats
Target 5 : 7520 sats
Stop Loss : 5950 sats
A 20% profits is expected in 4 to 5 days after a breakout and confirmation of trade.
Good Luck.
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Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
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