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MTLUSDT trade ideas

Long Trade Position MTLUSDTTest your analytical skills in the tradingview simulator with virtual money to become a professional. In spot trading, I will specify the entry points, loss limit and profit limit for you! The conditions for entering the trade are as follows, when you notice that the market trend is rising and at least two green candles close above the entry point within fifteen minutes, you can enter the trade from the beginning of the third green candle. Be patient and don't rush to enter! After the price reaches the first target, take your loss limit below the first profit limit so that if the price reverses, your trade will be closed with profit. Repeat the above strategy to continue the price targets shown on the chart. These exercises will make you experience profit and loss with virtual money in the real market and improve your analysis and personal strategy. Know your fear and greed and gradually control them so that your business becomes profitable and you suffer less loss.
Long
by imhashemi
MTLUSDT.4HThe 4-hour MTL/USDT chart provides a view of the market's movements along with RSI and MACD indicators to gauge momentum and trend strength. The RSI is at 54.21, which indicates a slight bullish bias as it is above the neutral 50 mark but not yet into overbought territory (above 70). This level of RSI suggests a moderate amount of buying momentum. The MACD is just above the signal line, also indicating mild bullish momentum. However, it’s close to the zero line, so the upward momentum isn’t particularly strong at this point. Price action is currently between the first level of support (S1) at $1.731 and the first level of resistance (R1) at $2.323. The presence of the second resistance (R2) at $2.452 indicates that this is a significant area to watch if R1 is breached. Similarly, if the price were to break below S1, the next significant support lies at S2 at $1.529. For a trading strategy based on this chart, I would monitor for a potential breakout above R1 with increased volume, which could signal a move towards R2. A fall below S1, especially with significant volume, could indicate a potential short opportunity or an exit signal for existing long positions. The importance of risk management can't be overstated; setting stop-loss orders around S1 could mitigate downside risk in the event of a price reversal. The strategy would also include being vigilant for any signs of a trend reversal indicated by the RSI or MACD diverging from the price movement.
by MarsSignals
MTL/USDT In this support area, need to bounce for continue UP!💎 MTL has recently exhibited significant market dynamics, with a notable bounce from the support area. However, it appears that the price is poised for a back test of this support level. 💎 If MTL manages to rebound from this support, there is potential for the price to resume its upward trajectory and continue towards a retest of the strong resistance area. 💎 On the other hand, if MTL fails to demonstrate strength by either failing to bounce from the support area or breaking down below it, there is a possibility that the price may descend to the demand area around 1.345. 💎 It's crucial to monitor how MTL reacts around the demand area. A successful bounce from this level is imperative as it signifies robust support. However, if MTL fails to sustain itself above the demand area, it could signal further downward movement.
by MyCryptoParadise
MTL is starting a mega trend! 1588% profitMTL looks absolutely promising! We are breaking out of the bullish flag pattern on the weekly chart with a strong engulfing candle. The bearish structure is broken, and a new uptrend is beginning. A 1588% profit is very likely if you buy this coin right now. If you want to take a profit early, you can use my first profit target in the short-term. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. About Metal DAO Metal DAO (MTL) is a utility token that currently governs the stablecoin Metal Dollar (XMD), in addition to providing tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app. Metal Pay customers who own 10,000+ MTL can enjoy 0% fees on all cryptocurrency purchases. Metal DAO's future utility includes the ability to propose new stablecoins for the Metal Dollar basket, including their allocation ratios, and the option to vote in new stablecoin issuers such as community banks or fintechs. Metal Pay was developed and launched by Metallicus in 2016. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
19
MTL/USDT I BUY SETUP✔︎📈 BINANCE:MTLUSDT SIGNAL ✔︎ENTRY : 2.099 to 2.031 🏓TARGETS : ✔︎ T1 : 2.381 ✔︎ T2 : 2.655 ✔︎ T3 : 3.165 ✘ STOP : 1.895 🚦Stop Trigger: • If you make capital management: Stop is activated when one candle opening and closing below the stop level of the same time frame of the signal. • If you don't make capital management: Stop is direct without waiting for the candle to close. 💡Risk management : • Enter the trade with 10% to 20% of your capital to reduce risk and save cash to enter other opportunities. • Sell (25% to 50%) on (T1) and don't move your stop-loss. • Sell 50% on (T2) and move your stop loss to the entry point. • You are safe now, and the next 25% is up to you. 💡Reason for this trade: This trade gives my trading system a sign of strength: • My trading system is based on liquidity and reversal zones. • When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side. The liquidity will attract the price like a magnet. • the first side that has been swept: 1- previous weekly low 2- range low • Opposite side targets: 1- liquidity void 2- range high 💡Entry setup 1- successful auction (AMT) retest voume profile VAH after failuer swing point ⚠️WARNING: • I'm not a financial advisor. • Do your own research (DYOR).
Long
by HB_Trading1
MTL looks bullishFrom where we wrote "start" on the chart, a large degree triangle is finished. The move after this triangle cannot be this small. So, according to our timing rules, if this triangle is finished, this pump was the only a/w wave, and the recent correction was b/x, and finally a bullish wave (c/y) remains. It can be pumped by maintaining the green range. Closing a daily candle below the invalidation level will violate the analysis 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
Long
by behdark
1
#MTLUSDT (Watchlist) 2-2024Support and Stability: #MTLUSDT exhibits stability above the support line at $1.3, forming Ascending triangle pattern. Triangle Formation: The price action suggests a Ascending pattern, indicating potential consolidation before a breakout. Take Profit Targets: Resistance levels are identified at $2.1, $2.7, $3.5, and $5.5, offering potential profit-taking opportunities. Positive Outlook: With the stable support and triangular formation, #MTLUSDT shows potential for upward movement. Consider for Watchlist: When we recommend adding a coin to your watchlist, it's typically due to forming a pattern, nearing a historical bottom, or approaching a strong support level. It may also show increased trading volume, reversal candles, or be in an accumulation stage. While we haven't observed a bullish reaction yet, we advise monitoring it until an optimal entry point emerges. PS: We avoid trading coins associated with gambling, prostitution, human trafficking, etc. Note: This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks. Best wishes to all, we ask Allah reconcile and repay. 🙏
Long
by HamadaMark
✴️ Metal: Already Bullish (148% - 285% Fast Profits Potential) Metal is already bullish, already moving, already growing with the fifth week now being green. Massive bullish action on a Monday is great news as it opens the possibility for additional growth. It also opens the possibility of a peak reaching soon but that is something we are already prepared for. ➖ MTLUSDT is trading above all moving averages on a weekly basis and this support range has already been confirmed. 👉 Easy 148% target next with even higher possible in the coming weeks and months; 285%. Additional details on the chart. Namaste.
Long
by MasterAnanda
3
MTL/USDT Facing on the Resistance Falling wedge. Breakout?💎 MTL's current market status has been a point of focus, especially as it confronts the resistance trendline of the Falling Wedge pattern. MTL needs to achieve a breakout from this pattern to pursue an upward trajectory. 💎 A successful breakout would likely lead to substantial upward momentum, given that the Falling Wedge is recognized as a bullish pattern, probability steering MTL towards our identified strong resistance area. 💎 However, should MTL face a rejection upon attempting to break out of the resistance, it might revert to the demand area at 1.52, to regather momentum for another breakout attempt. 💎 If MTL returns to the 1.52 demand area but fails to exhibit a strong response, merely consolidating at that level, there's a possibility of breaking below this demand area, potentially moving towards the next demand zone around 1.4. 💎 This 1.4 demand zone is pivotal, historically serving as a strong support level for MTL, typically leading to a recovery in its trajectory. Nonetheless, if MTL is unable to maintain this zone, it could signal a shift to a bearish trend, with further declines possibly in store.
by MyCryptoParadise
1