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without_worries
Jan 17, 2024 10:35 PM

Metal DAO (MTL) about to print a 2500% move? 

BINANCE:MTLUSDT1W
Metal / TetherUSBinance

Description

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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%

Trade active

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Support on past resistance confirms.

Comment

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GRM support now confirms.

Trade active

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Going up...

Comment

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Going up tis time for sure!

Trade active

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Support and ResistanceMultiple Time Frame AnalysisTrend Analysis
Comments
Golvest163
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hi. i think price will go higher. my view at least 135$ this year. why? because 3 month chart is ready to go the same situation was with Doge. from 100x up to 300x range of 3 month chart rocket. lets see this year
rlamichhane394
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Going down😁
hgrong
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@without_worries
bqhdd8htwg
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Timeframe for long ?)))
hgrong
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@bqhdd8htwg i think not long now i ;)4)))
szilardinho
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What you thinking brother? 1.3-1.7 accummulation zone to 2.3-3.5 TP1
MyCryptoParadise_Nathan
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better to invest 25% of position for now
hgrong
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short signal 🤣
without_worries
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@hgrong, no less than 10x
hgrong
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@without_worries Ich liebe deine Ideen, bis auf das Gold , gesund bleiben
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