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MTL USDT PERPETUAL

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MTLUSDT.P trade ideas

Metal DAO (MTL) about to print a 2500% move?On the above weekly chart price action has corrected over 90% since early 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Support and resistance. Look left. Price action has now confirmed support on past resistance. 3) A weekly life cross prints. 4) Lastly, price action has exited a bull flag. The extension measures a 2500% move to target. Is it possible price action continues to correct? Sure. Is it probable? No Ww Type: Trade Risk: <6% Timeframe for long: This month Return: 2500%
by without_worries
24
MTL/USDT is on the verge of a big breakout!🚀 MTL/USDT is on the verge of a big breakout! 🚀 The MTL/USDT trading pair is showing promising signs of a potential breakout as it nears a critical resistance level. 📈 If it manages to break through, it could spark a strong bullish rally, driving prices higher. 🔥 💡 Here’s what to watch for: - Key resistance levels: A breakout above this level could signal the start of a new bullish trend, paving the way for significant upward movement. 🚀 - Trading volume: Keep an eye on buying volume, as a surge could indicate growing market interest and support for a breakout. 📊 - Market sentiment: Pay attention to overall market trends, as they may influence the strength and continuation of the breakout. 🏦 👀 Stay tuned: This setup could provide a great opportunity for traders looking to capitalize on a potential upward trend. However, always remember to trade responsibly and manage your risk. 🧐 ⚠️ Disclaimer: This is not financial advice. Always do your own research (DYOR) before making any investment decisions.
Long
by Crypto-By-Ghazi
Metal Grew 9,770% Against Tether (USDT) In 2021, Peaked In MarchConsolidation since November 2022, that's almost two years old. The upper trendline (blue) of the widening channel has been challenged three times, perfectly. Metal (MTLUSDT) just tested the lower trendline and so far it holds as support. This trendline being tested produces a long-term higher low and the stage is set for the next bullish wave. The last major peak for this pair happened 3.5 years ago and we are ready for a new one. We are ready, the chart is ready, the market is ready. It will take some time to develop but look at past history... It will start to go slowly up but surely, as it has been doing already for years. Then, without warning, it will start to grow strong. It is interesting to note that Metal peaked in March 2021. This is much sooner than so many other pairs. Again, this is awesome/great. We can enjoy pairs like this one with thousands of percentages of points of growth (this one grew 9,770%) and then enjoy another one and another and another one; on and on and on. Long-term higher low leaves the doors open for a new All-Time High... We are talking about $27 as the next target, or, ~2600% potential for growth. I don't know how high it will go. We don't know if it will hit a new All-Time High or not. But it is going up... Cryptocurrency is going to grow. The Altcoins are going to grow. We are going to grow. We are growing now. And we are ready for more. We are only getting started. Welcome... And thanks a lot for your continued support. ... I am having so much fun... Namaste.
Long
by AlanSantana
1
Strong buying interest for MTLMTL is holding the support area at $1.33, indicating strong buying interest at this level. The price is attempting to bounce from this support, suggesting that buyers are stepping in to defend this area and potentially drive the price higher. This bounce attempt is crucial as it could signal the start of a new upward movement. The key resistance area to watch is $1.54. This level acts as a barrier where selling pressure might emerge, potentially hindering further upward movement.
by MonoCoinSignal
MTL TRENDING NEW LONGHi Traders, I hope you all are doing well and navigating the crypto market with your best strategies. This update is for MTLUSDT. MTL is looking interesting over the next time frames and may show increased volume. That's why we're keeping an eye on this coin. $2.00 is a key confirmation zone. If the coin breaks this level, there's a high chance it could reach $2.68 Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis. Good times, everyone. This update is not trading or financial advice.
Long
by SatochiTrader
1
Long Trade Position MTLUSDTTest your analytical skills in the tradingview simulator with virtual money to become a professional. In spot trading, I will specify the entry points, loss limit and profit limit for you! The conditions for entering the trade are as follows, when you notice that the market trend is rising and at least two green candles close above the entry point within fifteen minutes, you can enter the trade from the beginning of the third green candle. Be patient and don't rush to enter! After the price reaches the first target, take your loss limit below the first profit limit so that if the price reverses, your trade will be closed with profit. Repeat the above strategy to continue the price targets shown on the chart. These exercises will make you experience profit and loss with virtual money in the real market and improve your analysis and personal strategy. Know your fear and greed and gradually control them so that your business becomes profitable and you suffer less loss.
Long
by imhashemi
MTLUSDT.4HThe 4-hour MTL/USDT chart provides a view of the market's movements along with RSI and MACD indicators to gauge momentum and trend strength. The RSI is at 54.21, which indicates a slight bullish bias as it is above the neutral 50 mark but not yet into overbought territory (above 70). This level of RSI suggests a moderate amount of buying momentum. The MACD is just above the signal line, also indicating mild bullish momentum. However, it’s close to the zero line, so the upward momentum isn’t particularly strong at this point. Price action is currently between the first level of support (S1) at $1.731 and the first level of resistance (R1) at $2.323. The presence of the second resistance (R2) at $2.452 indicates that this is a significant area to watch if R1 is breached. Similarly, if the price were to break below S1, the next significant support lies at S2 at $1.529. For a trading strategy based on this chart, I would monitor for a potential breakout above R1 with increased volume, which could signal a move towards R2. A fall below S1, especially with significant volume, could indicate a potential short opportunity or an exit signal for existing long positions. The importance of risk management can't be overstated; setting stop-loss orders around S1 could mitigate downside risk in the event of a price reversal. The strategy would also include being vigilant for any signs of a trend reversal indicated by the RSI or MACD diverging from the price movement.
by MarsSignals