MTLUSDT trade ideas
METAL PAY BAT FORMATION - GOOD ENTRY FOR LONGThe Bat Pattern is a 5-point retracement structure. It has specific Fibonacci measurements for each point. D is a zone where price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA is less than a 0.618, and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618.
MTLUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The futures contracts for MTL will begin at 7:00 UTC and it has the potential to break above the resistance line drawn and go toward its TP.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Interesting⚡️There is one more interesting idea for today, wolves🔥
Symmetrical triangle on MTLUSDT crypto pair.
There is a bullish sentiment on this instrument.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
So follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".