Hello Traders. I hope you are having a wonderful day.
Today I want to share my thoughts on MTA. As you can see in the 4H timeframe, price broke out of the descending line and is making a pullback to it.
So in my opinion, it is a good position to open a long position.
Entry : 3.6$ Target : 5$ Stop loss : candle closes below the descending line
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on MTA and don`t forget to comment what you think. ✌
Today I want to share my thoughts on MTA. As you can see in the 4H timeframe, price broke out of the descending line and is making a pullback to it.
So in my opinion, it is a good position to open a long position.
Entry : 3.6$ Target : 5$ Stop loss : candle closes below the descending line
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on MTA and don`t forget to comment what you think. ✌
Trade closed: stop reached
