We are looking at Metal (MTLBTC) on the long-term timeframe (weekly)... Let's see what we have here!
Prices are moving above EMA50 for the first time ever.
There was a failed attempt to break this level in March 2020, we are trying again after 1 year.
Prices closing and staying above EMA50 can lead to really massive growth LONG-TERM.
We have 1700% potential...
MTL is moving up strongly after making a false break under the 4$ zone, and now it has a big change to move up to 5$, 6$ zone or even 9$ in the next few days
-Buy: 3.9-4.1$. SL B
-Buy: 4.9-5.1$ if A. SL B
-Sell: 4.9-5.1$. SL A
-Sell: 5.9-6.1$. SL A
-Sell: 8.6-9.0$. SL A
-Sell: 3.9-4.1$ if B. SL A
-Buy: 3.4-3.6$ if A. SL B
-Buy: 2.0-2.2$ if...
MTL has recently has huge news that they are applying to the COC to be a national bank.
This has already lead to a breakout and a retrace and there's more headroom from here it looks like on RSI.
Going to be a crazy couple of weeks!!!! 🚀🚀🚀
Mtl is currently in symmetrical triangle wait for the breakout then we can see it's upward movement to the next resistances
Let me know your thoughts in comments
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Congratulations to everyone who grabbed my previous called. Coming up on the last TP quite easily.
Extending out would be wise here. Massively bullish fundamentals with their national bank endevour...
ENJOY YOUR PROFITS BROTHAS AND SISTAS!
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.
If you enjoy my FREE Technical Analysis , support the...
Buy in the area of 0.355 - 0.287
1 - 0.435
2 - 0.500
3 - 0.600
4 - 0.800
Stop, fixing below 0.26
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Waiting for your comment, what do you think about this?
Metal (MTLBTC) is now active in what people called the iH&S pattern.
The inverse head & shoulders do not need to be exact for me to be used as a signal.
As soon as you see the dips where the second one is the lowest point of the three, you have a reversal signal. I've seen this pattern many times before.
This is normally a bullish pattern.
Looking at other...
EngineeringRobo and I are currently bearish about MTL. IT is advisable to sell right now as the candles recenetly broke the top Bollinger Band.
If you are interested in buying MTL, Wait fo EngineeringRobo buy signals or you can buy if the candles break (open/close) the 0.316 resistance level. If you buy with EngineeringRobo buy signals, be sure to pay attention...
As of now, there are 2 SELL signals present and I don't think this is a good time to buy yet.
If you want to buy again, please wait for EngineeringRobo's BUY signals to be present or wait for candles to open-close above resistance level (0.35) for 1D.
Also, you can buy if the candles will touch the support line (0.25).
After you buy, please watch out for...