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Metis

#METIS/USDT#METIS The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, this support at 14.73. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 18 First target: 19.78 Second target: 22 Third target: 25
Long
by CryptoAnalystSignal
SasanSeifi| Will the Price Move Towards $60?Hey there,✌On the daily timeframe BINANCE:METISUSDT , as you can see, the price encountered a correction after reaching the supply zone. After this correction, the price faced an increase in demand around the $35 level and is now trading within the important supply zone at $46. The mid-term analysis suggests that the market trend is more likely to move upwards. If the price successfully breaks through the supply zone and stabilizes above the $48 level, it is expected that the price will move towards higher levels, such as $53. After this move, there might be a negative reaction and the formation of a range zone, followed by a pullback, after which the price could reach higher levels such as $60 and even $66. From a mid-term perspective, if the price reaches the $60 level, observing the price reaction at this level can help us gain a better understanding of the future trend. If we see demand at this level, it is likely that in the long term, the price could reach its long-term target of $75, experiencing significant growth. The short-term support zone for the price is currently between $43 and $40, which can be considered. 💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions! Happy trading!✌😎 Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Long
by SasanSeifi
2
METIS is a racket (3D)METIS now seems to be in wave c of C, which is a bullish wave. The targets of this wave based on the big wave A and wave a of C can be very attractive. The time frame is 3 days, which means that this analysis needs time to be realized. The green area is our BUY area. Closing a daily candle below the invalidation level will violate this analysis invalidation level: 28.08$ For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTO:METISUSD
by behdark
SasanSeifi| Is a Bullish Breakout Around the Corner?Hey there, ✌ In the daily chart of BINANCE:METISUSDT , as shown, the price has been on a downtrend since reaching the $76 level. After this decline, the price reacted to the $25 level, entering a range between $25 and $42. During this period, the price experienced some fluctuations and relative growth. Currently, after hitting the $42 level twice, the price has pulled back to the demand zone. In this area, we’re seeing some positive movement, with the price now trading near the downward trend line. It appears that a Double Bottom pattern has formed around the $31 level, which could signal a minor upward move. If, in the daily timeframe, the downtrend line and the $37 to $38 price range are broken, and the price stabilizes above this level, there is a chance for an increase towards the $40 and $42.50 resistance zones. In such a scenario, it will be important to monitor how the price reacts to these higher targets. Should the price break through the $42 level and maintain its position above it, the next potential target could be the supply zone between $46 and $50. For risk-tolerant traders, the $36 price range could serve as an entry point. Additionally, upon a breakout and stabilization above the downtrend line, more secure entry points may be identified. The key support area for METIS lies between $33 and $31. Holding this support zone is crucial for a bullish scenario. If this level is lost, further price declines are likely. Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! If you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
Long
by SasanSeifi
2
SasanSeifi|Metis Analysis: Potential Breakout Ahead? In the 10-hour timeframe, as you can see, The price has touched the downward trend line four times and is now trading around the critical $32 level. Given the previous interactions with the trend line, a breakout seems possible. If the trend line is broken, we can expect the price to rise towards targets around $35, followed by a potential further increase to the $37-$38 range after a minor correction. To understand the ongoing trend better, observe how the price reacts to the $35 level. Key support is at $29-$28. This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Long
by SasanSeifi
METIS is Very BullishIt looks like we have an ABC on the chart. Wave B has just ended and we are now entering Wave C. We are at the beginning of wave C. Wave B looks like a triangle. We have identified two short-term targets for METIS. 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
by behdark
$METIS - Another chance to load up...SEED_DONKEYDAN_MARKET_CAP:METIS showing some weakness here, part of market wide pressure - Obviously fundamentals remain strong but there is a large gap from $46 to $66 that looks like it could get filled. Price currently hovering around the EMA 50 on the daily, trying to find support, however price action appear weakening. We may see a bounce again but I think we head lower. Over the gap on the $46 to $66 there are two supports, on at $65 and one at $50. Both would be opportunities to buy back in. However if we wick down to one or the other I suspect there will be some infill subsequently allowing a repeat entry. This is an opportunity to assess SEED_DONKEYDAN_MARKET_CAP:METIS eco project, identify your potential entries and wait.
by Flyte-X