METAL (MTL)data according to www.crunchbase.com, data measured monthly.
metal is most active in China.
MTLUSD trade ideas
✴️ Metal & EMA50 (Simple Signal)Each time Metal (MTLUSD) moves above EMA50 a strong bullish wave takes place.
We can see how this pair is bullish above EMA50.
How it trades above EMA50 and how it bounces off this level.
Currently (right hand side of the chart), this pair is ultra-bullish based on this same/simple signal. Metal moved above EMA50 and tested it as support, confirming the bullish breakout and is now growing above this level.
Just to give you an idea, the pair MTLUSD has been closing green for the past 10 days, this normally precedes a very strong bullish jump.
Taking into consideration that there was a flash crash 17-August that ended in a higher low, we can expect something similar for many Altcoins like this one.
This one is set to grow.
Each pair/project chart needs to be considered independently, separately, of course, but we can still get a picture that many, if not all, the Altcoins will grow. Several X within days....
Namaste.
Metal is trading at Key Support; 200% - 300% growth potentialBased on our previous MTL/BTC idea, which you can find down below, it has rejected the support and broke above key resistance. Currently key resistance as acting as the support, and if it holds Metal should continue moving higher.
Looking at the MTL/USD chart, price has been very inactive during past 3 months, after MTL/USD bottomed out, hitting $0.5 low. Throughout the past tree months, most trading volume has been recorded while MTL was trading near $0.7 level, where currently it is trading. This is the level of support, that might seem to be very attractive for buyers.
As long as this support holds MTL uptrend is expected to start, potentially reaching $1.7 - $1.9, and targeting 200 Moving Average, resistance area. At the same time, there are several minor Fibonacci resistance levels, that should be watched either for rejection or a breakout. And finally the $1 physiological resistance could play a very important role in the near-term future.
The RSI oscillator broke above the descending channel and corrected down, finding the support on the upper trend line of the channel. This seems to be an indication of an uptrend, although under one condition; current support at $0.7 remains respected.
To summarise, MTL is trading at the key level, which could be a decision making price. If current support will hold, uptrend should start. Break below the support could result in further consolidation between $0.5 and $0.7 levels.
Support:
$0.7
$0.5
Resistance:
$1.0
$1.9
✴️ Metal Reveals What Is Coming To CryptoMetal hit a low in November 2022 together with Bitcoin and many Altcoins.
Metal consolidated in December 2022 and produced a very strong bullish wave between January and February this year, together with Bitcoin and many Altcoins.
✔️ Metal is now growing strong with more than 3 digits in the green in just a few days... Together with Bitcoin and the rest of the market?
Big, resounding YES!
Everything will grow!
Get ready!
Be prepared!
Namaste.
METAL: Ascending Wedge with DCA PointsMetal currently trending in an AW. I've included DCA points in the event of a distribution.
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*Not financial advice. DYOR and trade at your own risk.
MTL/USD LONG SETUPI wouldn't call this move on MTL, "Impulsive". More of a slow steady grind up which I don't usually like very much. I actually had a short limit order on for $2 but I removed it thinking it could go higher and i could get my short up at $2.25 area.
I'll be looking for a 4hr or 1hr VPT to print to give me some clarification on entry with the idea to get my entry at around $1.5.
MTL - Another Giant Cup and Handle Ready to go Nuclear?Looks like MTL lives again and is very likely to put up massive gains from here.
The chart is showing a tasty cup and handle formation, with us just breaking out of the handle now.
You can't really see it on this chart because the earlier volume spike was massive - but we're getting decent volume on this breakout:
Suspect a quick retracement at some point but I would be picking up a bag of this for the long term. The last breakout gave us almost 40x gains in just 147 days.
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 :)
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.
