Support and Resistance Trade Set-Up on MTL/BTC [Quick Updates]Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
We can see the confirmation here on the support level for MTL, allowing us to go in a LONG trade position here. This simple support and resistance set-up will give us the opportunity for a nice clean scalp trade, with around 6% profit.
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I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
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Disclaimer!
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MTLUSD
MTLUSDT formed bullish Gartley | A good long opportunityPrevious Harmonic Move:
Previously I have posted chart where the price action of Metal token had formed big bullish Cypher on weekly chart. And at that time the price action was moving in the potential reversal zone of this harmonic pattern. And at that time I was expecting soon it will move up from this buying zone. And finally it took powerfull bullish move and produced more than 64% profit.
Another harmonic move:
Now this time on very short term 2 hour based chart the price action of MTL has formed another bullish harmonic pattern and this time it is bullish Gartley. And this is another awesome opportunity to earn more profit.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: $0.2789 to $0.2763
Sell between: $0.2810 to $0.2861
Stop Loss:
The potential reversal zone area which is up to $0.2763 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea, I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
When Buy MTL?Hello traders,
After 200% pump in a few days, MTL is correction from the last uptrend moviment, how far this correction go, was it just a pump and dump?
We have yanother level of fibonacci to be tested, which combines with an important support level and it may have bulls in this area,
If this fibonacci level and this support does not hold the price up, we will only want to buy in the minimum region, at this important support level.
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Best regards, Sandro and Gustavo.
BULKOWSKI DBL BOTTOM PERFECT SHORT MTLBTCREMEMBER TO ALWAYS SET STOP LOSSES!
TP1 8165
TP2 8952
STOP 5344
TP 1 & 2 respectively with fib retracement -- great short opportunity
Disclaimer
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; ( iii ) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; ( vi ) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; ( vi ) renewal of the Company’s current customer, supplier and other material agreements; and ( vii ) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Peace & LOVE
-@a1mtarabichi
#METAL | End Of Landing !Entry : 0.00003005 - 0.00002921 - 0.00002780
Target 1 : 0.00003279
Target 2 : 0.00003763
Target 3 : 0.00004338
Target 4 : 0.00004800
Target 5 : 0.00006027
Stop loss : 0.00002455
Risk/Reward : 17%/110%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
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MTLUSDT hitting the $0.35 and EMA 50 support | Upto 33% expectedBy the grace of Allah the most high my previous chart of MTLUSDT:
has produced more than 64% profit.
Now the priceline of Metal / Tether US got breakout the $0.3500 resistance and now retesting this resistance as support in the meanwhile the price action is also hitting the 50 moving average exponential support.
This support should be used as stop loss in case of complete candle stick closes below this support.
MACD is strong bearish and stochastic is close to oversold and in bear cross.
We can wait for MACD to turn weak bearish and for stochastic to give bull cross for buying signals.
I have used Fibonacci sequence to set the targets:
Sell between: 0.4074 to 0.4681
Regards,
Atif Akbar (moon333)
Metal Pay- MTLUSD - Great Buying Opportunity-350% Gains ExpectedMetal Pay MTL - MTLUSD Great Buying Opportunity Coming Ahead -
350% Gains Expected! - Don't Miss This One.. :)
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been conformed.
Target Profit Range - 0.43-0.86
TP 1 - 0.43
TP 2 - 0.56
TP 3 - 0.73
TP 4 - 0.86
Buying Zone! Long Position
Early Entry Trigger Point - 0.23 -.026
Ideal Entry Trigger Point 0.16-0.19
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point 0.341 you can still make 26.5% profit till TP1 is reached, however there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like and follow , If you like my analysis :)
METAL - Possible Reversal Area, Early EntryTaking a look at MTL's daily BTC chart, I like the set up we have in the making. MTL had a great break from its falling wedge, gaining ~250% from its lows. Since that high, the price has hit the .618 retracement level and is finding support on a previous key level of significance. The price appears to be rounding as our lower lows are getting closer in distance, which is suggestive of a possible reversal in the near future. The daily MACD also shows support. But in all fairness, I would like to see a more evidence of a bullish crossover suggesting that this support level will hold. I think with the daily MACD so close to the zero-line, we could see a significant bull run on this next wave. If you look at all previous times the MACD crossed the zero-line, there were strong bull runs. This would be an early entry with the potential for substantial gains. I've set some areas of resistance, which I think would make good target areas. They're color coded in terms of likelihood of being hit.
MTLUSD formed bullish cypher | Upto 124% expectedPriceline of Metal / US Dollar has form a bullish cypher pattern and entered in potential reversal zone.
From here the price action can take bullish divergence to hit the sell targets soon insha Allah.
I have defined targets using Fibonacci sequence:
Buy between: 0.415545 to 0.321635
Sell between: 0.517022 to 0.722366
Regards,
Atif Akbar (moon333)
MTL/USD BULLISH BREAKOUTI believe Metal MTL has reached i'ts bottom and is now ready for huge pullback 0.6 - 0.7.
Looking at the chart we can see on all timeframes huge increase in buy volume resulting in a significant rise of the price.
Also looking at the VWAP(Volume Weighted Average Price) Indicator we can see the price is constantly above the white line which tells us we are in an uptrend.
Lastly we have MACD crossed over the signal line which is bullish.
We are currently at the ATH in the last 2 days, with huge volume and buy orders pushing this price to the resistance level of 0.52
After the resistance is broken in the next few days MTL should attempt 0.8 resistance.
Metal's Weekly Chart Looking Very Bullish!I like what I see here on the weekly chart.
1) Massive bullish divergence since August on MACD and the MACD indicator just just broke through overhead resistance
2) OBV is going through the roof
3) RSI is in coming out of the oversold range, but is still low at 34
4) Price is potentially breaking out of a long-term falling wedge
5) 40x off its all-time high
Hopefully this won't be railroaded by a Bitcoin collapse. But if BTC can remain stable, Metal might be ready for a bull run of its own.
Mtl is one of coin that possible will make pump soonMtl is a very good to make pump soon after the pump on the dlt and phx so I will explain now every thing in the chart
We have a small triangle in green color The triangle has been broken to the top
We have another triangle in green color but it's biggest than the first one and I see it will broken very soon
We have an Our positive abcd form in yellow color has been reaching the bottom 597 and is expected to rebound price violently
targets have been placed on the chart in red color
And the buying volume in it is very very big
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