MTLUSDT trade ideas
Metal Pay | MTL1W chart MTL.
Flag pattern
Price inefficiencies
General Market bottom
For future use.
Metal (MTL) formed bullish Gartley for upto 3100 huge pumpHi dear patrons, hope you are well and welcome to the new update on Metal ( MTL ) token.
On a monthly time frame, MTL has formed a big 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
On the Long run We ought to understand the market by now it's all favor in the side of bullish trend
Long on MTL/USDTFor today we have prepared the following trading idea:
Trade with x10 leverage
Long MTL/USDT
➡️Entry: 1.3497
✅Targets: 1.3777(50%) - 1.4095(25%) - 1.4429(25%)
❌Stop Loss: 1.3067
MTLUSDTMTLUSDT have down speed less than up speed about 20%. It is high possibility have one leg up. Target profit in chart.
MTlhi there,
watch for short if break out happend.
targets and stop loss is placed in the pic.
good luck
MTLUSDT - SETUPPrice hovering at a strong support, any breaking down will invite bears to take short positions. Price already break the trendline and restested. So trade accordingly.
MTL Scalp to 1.6Another short explanation.
Bearish divergence forming on the 15m and a double top from the 6th June. Currently in a strong supply zone and i expect to be rejected from this area.
Set a tight stop loss as Funding is very negative and could trigger a short squeeze above the supply zone.
Mtl/UsdtMtl on the 1D, I've seen others post it's looking bearish which I'm not seeing but as ever tight stops
(I should also say TP's within the box as in this market things are not always getting to target)
📊 MTL is showing potential. Is it real?Hello, dear TradingView members.
This idea is an MTL analysis.
MTL has made a 9% ascending move in the market. Let's analyze the two bullish and bearish scenarios.
RSI crossed the border to 75 and showed overbought signals, and now it has pulled back into the range. Usually, when this happens, the price pulls back down. But since the price is moving on a support/resistance area, we might experience consolidations here. However, in this case, RSI is trying to move back up because there are no sell volumes.
Scenario one:
A breakout:
If the price touches the support and pulls back up and hits the first resistance, it might touch the second resistance I've shown on the chart as a target.
Scenario two:
A fake-out:
The price will move a little while on support and then fall back down below the support level.
The Bollinger Bands are still wide, and the middle band has helped the price as a dynamic support zone.
The Speedometer indicator shows Neutral volumes on the market for MTL on a 1D interval.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
MTL/USDT LONG 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 bullish here.
MTL is breaking out from the ascending triangle pattern. Expecting a 50-60% bullish move from here. Buy some now and add more in the dip.
Entry range:- $1.48-$1.52
Target1:- $1.72
Target2:- $1.94
Target3:- $2.16
Target4:- $2.38
SL:- $1.40
Use low leverage 4x-6x
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
MTL - Buyer appeared, time to long✈️If you look at the last spike in volume and at a candle, you can clearly see that somebody started pushing the price up. I expect a short accumulation near red VWAP, followed by break out of the level
⭐️ BTC locally bullish
⭐️ Market is in panic
⭐️ We are in the end of formation
⭐️ Buyer appeared
⭐️ Had a trap for bears
⭐️ Volume at bottom
⭐️ Over VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
rr=3.84bearish nen star pattern + divergence RSI + breack out and pull back parallel channel + head and shoulders in formation
tp : last pick
MTLUSDT Wants the demand zoneThe price is creating a falling wedge on 4h timeframe and now the market is testing the support. We could see a new bearish impulse until 1.5.
How to approach it?
IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
rr=2.37bullish anti-shark pattern + divergence RSI + prralel channel breakout and pull back
tp : last pick
MLTUSDT analysis - 06.05.22entry triggers: ewt 1-5(a-e) in diagonals/wedges
entry: market price
tp 1: 1.812
tp 2: 1.851
tp 3: 1.925
tp 4: 2.023
tp 5: 2.134
tp 6: 2.248
sl: 1.635
lev: 5x
Breaking below 1.652 might invalidate the trade, at that point there isn't much to go on with(data).
As always, trade with due diligence!
