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MTLUSDT trade ideas

MTL/USDT What's the next Move for MTL ?? Down or Upward ??Yello Paradisers, Attention Paradisers! #MTL 💎 MTL is currently exhibiting a parabolic trend, but it's at a critical daily resistance level. Historically, MTL has faced multiple rejections at this point, leading to a downward move. 💎 Given that MTL hasn't shown any corrective action since its rally from $1.1, this could be an opportune moment to anticipate rejection and enter a short position. 💎 However, if MTL successfully breaks through the daily resistance with substantial volume, it might be wise to buy after the asset retests the new support level, as this could signal a continued upward trajectory. You have two entry options: 💎 Short Position: You can enter now, with the bearish scenario being invalidated if MTL breaks and holds above the daily resistance level of $1.61. 💎 Spot Buy: Wait for MTL to break the daily resistance and close above it before entering a long position.
by MyCryptoParadise_Nathan
8
MTL going LONGMTL has dropped over 10% in the past few hours and it’s a beautiful thing. I'm suspecting a possible bounce around the 1.33 to 1.34 range, and if indicated, will catch a long trade from there. My TA is plain and simple. Price was pulled down, level by level, in order to revisit and correct the market imbalances that developed over the last couple of days. Lucky for us, the momentum of this retracement created a whole new group of imbalances on the downside that I anticipate will drive price right back up. From this level (1.33-ish), the new FVG's are now closer, and in my opinion, more likely to attract price to the upside. This is how I'm set up. Entry: 1.33 - 1.35 TP1: 1.467 TP2: 1.535 TP3: 1.629 Stop: 1.29 If price continues down, I may short to 1.22
Long
by NurseTrade
MTLusdtMTL short set up. Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions.
Short
by Kentaruchan
MTL Buy TradeHere is My Study On ANKR. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast