MTLUSDTHello Traders,
As we can see that MTL is moving within the range and got rejected from the top because it is not able to break the resistance, currently it is making a double top so we can open a short position here.
MTLUSDT trade ideas
MTLUSDTMTLUSDT just enter into the bullish trend breaks the last LH.
There is no sign of reversal from here trend is potentially going upward.
We wait and watch for the breakout of last HH>
MTLUSDTBearish Divergence shown in RSI after that trend is break last HL and make LL. we buy here at CMP.
SHORT TERM SCALPThe information I share on this platform is based on my personal opinion and experience, and should not be considered as financial advice. You are responsible for your own investment decisions and should always do your own research before making any trades. I do not guarantee the accuracy or validity of any data or analysis I provide. Please use your own judgement and caution when following any call or signal I post. #imo
NOTE:
25% PROFITS AT EVERRY FIBONACCI RETRACEMENT LEVEL.
USE ISOLATED (FOR CRYPTO EXCHANGE)
USE CAPITAL RATIO (5 - 10 % OF YOUR CAPITAL)
DONT FOMO (FEAR OF MISSING OUT)
If you want to trade crypto successfully, you need to follow some basic rules. One of them is to use isolated margin for your trades. This means that you only risk a fixed amount of your capital for each trade, and you don't borrow more than you can afford to lose. This way, you can avoid liquidation and protect your account balance.
Another rule is to trust the process. Trading is not a get-rich-quick scheme, but a long-term game that requires patience and discipline. You need to have a trading plan and stick to it, regardless of the market fluctuations. Don't let your emotions get the best of you and don't chase unrealistic profits.
A third rule is to use capital ratio for your trades. This means that you divide your capital by 10 and use only one-tenth of it for each trade. This will help you diversify your portfolio and reduce your risk exposure. You can also adjust your position size according to the market conditions and your risk appetite.
Finally, a fourth rule is to avoid FOMO (fear of missing out). This is a common psychological trap that makes traders enter or exit trades based on hype or panic, rather than logic or analysis. FOMO can lead to overtrading, poor decision making, and unnecessary losses. You need to be confident in your own strategy and not follow the crowd blindly.
By following these four rules, you can improve your chances of success in crypto trading and enjoy the benefits of capital ratio.
MTL's Rising Symphony: A Dynamic Hourly AnalysisExploring the hourly ebbs and flows of Metal (MTL), the driving cryptocurrency of the Metal Pay platform, reveals a captivating dance of numbers and trends. Currently stationed at a respectable $1.504, MTL recently graced a high of $1.549. This apex coincided with the upper Bollinger Band, suggesting an ephemeral overbought episode.
The Fibonacci retracement reveals key support and resistance markers. The initial 0 level support hovers at $1.328, providing potential stability in case of price withdrawal. Meanwhile, MTL has deftly overtaken the 0.5 and 1 levels at $1.391 and $1.453 respectively, signalling the persistence of bullish momentum. A slight obstacle may be encountered at the 1.618 Fibonacci level, positioned at $1.53. Yet, the ceaseless bullish fervour could ultimately catapult the price to the formidable 2.618 Fibonacci level at $1.655.
The market dynamics, as depicted by the oscillators, enhance this narrative. The Relative Strength Index (RSI) and Stochastic Oscillator, teetering at 65 and 73 respectively, suggest that buyers may be reaching their saturation point. This intimates that a minor price correction or a consolidation phase could be around the corner.
Despite the volume oscillator indicating a recent decline of 13%, hinting at possible market consolidation, the On-Balance Volume (OBV) marker stands strong at a hefty 422 million. This suggests that significant buying pressure persists, reflecting a broader bullish sentiment. This duality in trading volume and buying pressure underscores the complexity of the market's current state.
Further fuelling this bullish spectacle is the Moving Average Convergence Divergence (MACD) value at 0.026. With the MACD line perched above the signal line, the bullish trend appears to retain its vigour, fuelling speculations of further price ascents.
The sturdy 9% gain registered by MTL over the last 24 hours amplifies the positive aura surrounding the coin. However, the inherent volatility of crypto markets necessitates a meticulous scrutiny of these indicators and a level-headed approach to trading. With this dynamic interplay of factors at hand, MTL's journey promises to be an intriguing watch.
MTL 40 %+MTL potential move up 40 %+
MTL always make final squeze .
I set sell oreders 2.1 $ and above
✴️ Metal DAO | Reminder/Last Call (Thanks For Your Support!)This one will be quick/short because I already gave you a chart for Metal DAO (MTLUSDT); It is about to go up.
This pair is trading above all of the moving averages while many of the others are trading below and still breaking bullish.
When you see a pair above EMA200, EMA300, MA200, etc., the doors are always open for fast, strong or sudden growth.
This is the case here and yesterday we had a full green candle close.
It can move anytime now.
✔️ Thank you for reading.
✔️ Thank you for always coming back.
✔️ Thank you, thank you, thank you... Truly!
✔️ Thanks a lot for your continued support!
Namaste.
MTL LONG - Daily Pumpsdaily pumps following to 4h trends
MTL has important levels to play at now
my prediction is what the CHART shows
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
36% fall will happenhello guys 3 different method used to figure it out it will fall. if you think it's not, open a long position 😄😉
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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
MTLUSDT has nice liquidity This upward momentum was met with a substantial rejection, indicating a potential reversal or pause in the bullish trend. Currently, the market is testing the daily key level around the $1 area, which holds considerable importance for price action.
The presence of liquidity below the $0.96 level suggests that the market may seek to fill this liquidity gap before potentially continuing its upward trajectory. This behavior aligns with Plancton's rules,which traders often reference to identify potential trading opportunities.
Based on this analysis, a short position could be considered as there is a possibility of a price decline or a pullback from the current levels. However, it is crucial to conduct further analysis, consider market sentiment, and use appropriate risk management strategies before making any trading decisions.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
MTL at a MAJOR bottom! BYBIT:MTLUSDT.P
A beautiful entry at the bottom here we caught a beautiful double bottom on the 1HR the rest is history.
If you are interested on how i plan my trades DM me.
Entry - 1.0100
SL - 0.9548
TP - 1.3098
MTLUSDT SHORT PRODICTIONcoming to the end of a descending triangle with bearish divergance should drop to that level
Can you become richThe downward trajectory has ended
Penetrating the downtrend and closing above it with good quantities and liquidity
It will be a strong bounce on the currency
MTLUSDTshort idea on MTLUSDT.. have two supply zones to pick from and final take profit at targeted low.
MTL will go mental. Ready?MTL will be mentally up in the next few weeks, are u ready for the madness?
Mock Up Price Action for MTL I'll Be Tracking | Near Term (1D)Mock Up Price Action for MTL I'll Be Tracking | Near Term (1D)
- Alright folks, we've had our short squeeze impulse pump up.. Now its time to go down
MTL TO THE BOTTOM!!!like was before, this also manipulated ! so it has confirmation for BEAR TREND!
RSI = DEATH CROSS ( TF 1D)
RSI = TF 4 H weaknes buyyer
so what you think??
