Today, we conducted a study on a certain coin for the upcoming time period. We observed an intriguing connection between a previous breakout of up to 300%, as depicted in the accompanying image, which occurred within a 3-hour period.
Upon further examination, we noticed that a trend had been present for 10 hours prior to the breakout, indicating a breakdown...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the MTL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
The asset grew strongly in volume. The price formed a triangle. We observe a squeeze to the upper boundary and a false breakdown. Now there is a trade in the area of the volume level of POC. I expect a breakdown from this place. Goal - 0.895$
Hi dear friends , hope you are well and welcome to the new update on Metal ( MTL ) token with US Dollar pair.
Previously we caught a nice pump of MTL:
Now on a 4-hr time frame, MTL has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Buyback can be identified on the 4h timeframe on MTL.
Why do we have green light on this asset at the moment?
-Quarterly vwap breakout
-At the same time we are being supported by the 50 and 200 EMA
-break unconfirmed resistance
If we zoom out to the bigger timeframes, we can also see some rejections of the 50 EMA which indicates that this should be a small...
The price is creating a huge falling wedge below the weekly level at 1.06$ area
The price needs to grab new liquidity and create a clear breakout and retest the current resistance as new support
How to approach it?
IF the price is going to have a clear breakout from the resistance and retest the daily resistance as new support, According to Plancton's strategy ,...
The price is creating a big falling wedge on the daily timeframe below the weekly resistance at 1.22 where the price got several rejections.
How to approach it?
The price needs to create a clear breakout with volume, so According to Plancton's strategy , we can set a nice order
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure ->...