MTL-BTC Long Trade PlanCommodity : METAL
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 2-4 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 14% to 63%
Prospective Loss : 19%
RRR : Between 0.75 and 3.24 depending on TPs
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
MTL
Daily Bullish Signal $MTL $MTL #MTLBTC $BTC #BTC (17 April)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
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My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the direction I drew. I will always try and practice until PERFECTION is MY OWN
$MTL Reached a strong support zone at ~1005sats$MTL Reached a strong support zone at ~1005sats
This could be a good entry level IF (BIG IF) we found in the upcoming days signals of bounce/hodl of this level
Volume decreasing (could be exhaustion on the bearish side)
Both EMA50/100 could act as support too
Set alerts & ⏳
#MTL
MTL/BTC - ready for big gains?MTL/BTC looks to be in a good potential buy area with a tight s/l.
Target 1: 0.0001640
Blue triangle indicates the current range. Anything falling outside of the triangle is considered a breakout.
Green box is buy.
Green line indicates t/p.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
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Golden Cross For MTLAs we can see clearly on chart, orange line (50-day Moving Average) crossed green line (200-day Moving Average), which is called "Golden Cross" in literature.
RSI Momentum seems bullish as well.
I'm expecting a nice, satisfactory bull run from $MTL.
Not an investment advice, please do your own research before investing.
Metal Profits (Keeping It Easy) This is just straight up chart.Metal Profits (Keeping It Easy)
This is just straight up chart.
I saw Metal (MTLBTC) earlier and the signals were a bit mixed, but I still decided to buy some of it.
It is starting to move and it looks like it might do a strong impulse up. EMA100 is the main target if it follow the same path other altcoins are following.
The RSI is super bullish and the MACD shows plenty of room left available for growth.
Feel free to hit like to show your support.
Namaste.