MTLBTC trade ideas
rejected at the breakout update on $MTL, got rejected at the breakout from the descending triangle.
Currently retesting EMA50, Both RSI & MACD bearish...
UCTS showing a sell signal on the daily. Volume decreasing.
If EMA doesnt hold we should aim for lower trendline of the triangle... #MTL
$MTL set up ideabuying some MTL here
consolidating on this support after breaking this resistance
next leg up can be massive
Yuge Metal pump incomingMetal has hella room to retrace from its all time high. Seeing the recent 60-200% pumps on certain coins and the alt season right around the corner MTL is prime for a pump, I personally have my sell order at .0002422 but smaller targets include .00014/ .00016/ .00019 Anywyas this is not financial advice and if we see movement it should be within the next 3 days max but i would not be suprised to see it break local resistance in the next couple hours.
MTL/BTC Looking BullishDaily Chart for MTL/BTC showing signs of strenght, with a lot of volume and trading above ema 9 1d, found good support and almost no resistance until 1150 satoshis.
Metal (MTLBTC) Opportunity for Profits Pt.2Just a quick update.
Turns out I was pretty accurate.
The market moved within the pattern I drew and if you went in on the support/entry zone I indicated and put a sell order on the ceiling of the triangle,
that was an easy 10%.
Congratulations on the profit if you followed my trade.
Is MTL Actually DeadI've read countless times that MTL is a dead coin and company, and while that maaaay be true, there is definitely something up right now. Just look at this volume, and whats more, our Buy/Sell pressure indicator is saying that bears have been losing momentum for a while now Confirmation of bullish action should come if MTL can break the read down trend line.
METAL - Testing Resistance, Looking to Break OutA lot of volume at the moment. Let's see if MTL can break through this resistance.
$MTL revving up $MTL just getting started:
On the daily:
- Kumo breakout impending, chikou not far behind, waiting on kumo twist
- Ridiculous volume during the past weeks
- Alts pumping
- Setting high targets ala ARK.
Metal (MTLBTC) Opportunity for ProfitsThis is a small-cap market trade for quick profits.
Here I loaded up the 4h chart. We can see an ascending triangle has formed.
RSI has also formed an ascending triangle.
Next move is likely going to be a down move to hit the next higher lows.
After a downtrend, wait for a clear reversal then go in on the trade.
Just by trading within the triangle, 10% profits is possible.
Set a stop loss to minimize losses in case the pattern breaks the pattern.
If the pattern breaks, stay away from the trade.
I'll come back with an update.
MTLBTC with crazy huge potentialsHello guys MTLBTC is warming up for huge crazy moves, guys act on this gem before it fly.
Kindly follow the suggested Buy zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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Thank you
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
MTL uptrendNice uptrend since the middle of January. Totally missed it. But it is pretty manipulated with pumps and dumps all over the way. And thats what we need. But to make this deal safe need to buy at the lowest point, preferable after the reversal. I see that point to be cross of month support and lower channel borders. Of cause if it will fall down there, but indicators show it can, unless it breakout 830 without stopping. In this case I'll buy after breakout.
MTL brewingMTL looks like its due some fun run;
respecting pitchfork lines
cup and handle forming (currently on handle)
currently inside a symmetrical triangle
low timeframe (this moment) is in a little bullflag
id aim for the resistance around 900 first, then range high and then pitchfork mean line
METAL - Sucker bet?Be careful if you are thinking about jumping on the Metal train to the moon. Pretty big bearish divergence on the MACD with strong overhead resistance.
