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METISUSDT trade ideas

#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
METISUSDT UPDATEMETISUSDT is a cryptocurrency trading at $17.57. Its target price is $32.00, indicating a potential 80%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about METISUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. METISUSDT is poised for a potential breakout and substantial gains.
Long
by CryptoWithJames
Metisusdt buying opportunityMETISUSDT is consolidating within a long-term symmetrical triangle, with price currently testing a key demand zone around $23.00, a historically reactive level aligning with trendline support. Multiple liquidity taps at this area indicate strong accumulation interest, reinforced by RSI bouncing off historical oversold conditions. This presents a high-probability buying opportunity, as a sustained hold above this level could initiate a reversal. A breakout above the triangle’s upper boundary, currently near $47.00, would confirm bullish continuation, opening the path for the mid-term target at $322.85. The measured move projection from the triangle pattern suggests a full upside extension towards the $6,774.72 final target. However, invalidation occurs if price breaks below $10.61, which would shift the bias toward deeper price discovery.
by weslad
4
METIS/USDT | 1W🩸 SEED_DONKEYDAN_MARKET_CAP:METIS ⁀➷ #MetisL2. Macro chart Another 💯 Intermediate Target - $160 🚩 Macro Target 1 - $250 🚩 Macro Target 2 - $460 🚩 Macro Target 3 - $780 - Not financial advice, trade with caution. #Crypto #Metis #METIS #Investment #L1 ✅ Stay updated on market news and developments that may influence the price of Metis. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
Long
by Nyskohuz
1
METIS Potential 30% Gains SEED_DONKEYDAN_MARKET_CAP:METIS broke out of a range since August and now did a bullish retest hitting the order block and retraced to the "golden pocket" on the daily time frame, giving me some confidence that a continuation is confirmed. I am LONG here and should expect to hit the bearish OB around at least $57 in the coming week. If we also close a daily candle above the 200 day MA, we are ready to have some big moves. Entry: $46 TP1: $53.4 TP2: $57 SL: $43 Potential gain: %23 Always use proper risk management, and nothing I provide is Financial advice. These are my own thoughts and probabilities, nothing is guaranteed. Happy trading :)
Long
by Crytomod
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
METISUSDT Key Support| Trend Change? Higher Low?In Today’s analysis -METISUSDT-rejecting from a clean Daily Resistance, now resting above its local Value Area High with a lower support projection. Points to consider ✍️ - Value Area High - Daily S/R Resistance - Point of Control - .618 Fibonacci S/R Support - Swing High Objective METISUSDT bouncing from Value Area High after first test, loosing this area will allow for lower support to be tested, an area of multiple technical confluences. Re-testing the lower Daily S/R Support will confirm a Rounded Bullish Retest, this will also tap into the .618 Fibonacci and confirm a higher low in the local up-trend. Overall, in from Bitcoin Insider’s perspective, METIUSDT is a valid long with defined risk, price action it to be used upon discretion/ management when testing lower support. ✍️
Long
by AzizKhanZamani
Metisusdt trading ideaWe identified a potential Head and Shoulders (H&S) bearish reversal pattern forming, which signifies a potential trend reversal from bullish to bearish. Should the price decisively breach the pattern's neckline downward, it would confirm the pattern's activation, with the objective target delineated on the provided chart. t is noteworthy that the formation's right shoulder may extend; thus, if the price sustains within the designated distribution zone, the pattern's predictive validity remains intact. However, a price closure above the $117 threshold would negate the bearish thesis, rendering the sell-off strategy invalid. Exercising diligence and closely monitor the two pivotal levels: the neckline and the upper boundary of the sell-off zone. Contributions and insights on this analysis are welcomed and valued.
by weslad
2