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MTLBTC

MTL Rebuy Setup – Perfect Entry Ahead! (3D)MTL (Metal DAO) is currently developing within Wave C of a classic diametric pattern, based on Elliott Wave theory. This structure suggests a high-probability corrective phase that typically leads to sudden and sharp movements before a potential reversal. As of now, MTL has not yet reached the identified green buy zone, but price action is approaching it. This zone has been highlighted by analysts as a major area of interest for a potential rebuy scenario once touched, based on market structure and historical behavior. Importantly, the setup includes a clearly defined invalidation level. If the price closes a daily candle below this invalidation level, the current wave count would no longer be valid, and traders should reassess the market outlook. Until this invalidation occurs, the current count remains intact, and market participants may monitor the ongoing price action for potential bullish continuation after Wave C completes. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
MTL TRENDING NEW LONGHi Traders, I hope you all are doing well and navigating the crypto market with your best strategies. This update is for MTLUSDT. MTL is looking interesting over the next time frames and may show increased volume. That's why we're keeping an eye on this coin. $2.00 is a key confirmation zone. If the coin breaks this level, there's a high chance it could reach $2.68 Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis. Good times, everyone. This update is not trading or financial advice.
Long
by SatochiTrader
1
MTL is starting a mega trend! 1588% profitMTL looks absolutely promising! We are breaking out of the bullish flag pattern on the weekly chart with a strong engulfing candle. The bearish structure is broken, and a new uptrend is beginning. A 1588% profit is very likely if you buy this coin right now. If you want to take a profit early, you can use my first profit target in the short-term. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. About Metal DAO Metal DAO (MTL) is a utility token that currently governs the stablecoin Metal Dollar (XMD), in addition to providing tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app. Metal Pay customers who own 10,000+ MTL can enjoy 0% fees on all cryptocurrency purchases. Metal DAO's future utility includes the ability to propose new stablecoins for the Metal Dollar basket, including their allocation ratios, and the option to vote in new stablecoin issuers such as community banks or fintechs. Metal Pay was developed and launched by Metallicus in 2016. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
19
MTL looks bullishFrom where we wrote "start" on the chart, a large degree triangle is finished. The move after this triangle cannot be this small. So, according to our timing rules, if this triangle is finished, this pump was the only a/w wave, and the recent correction was b/x, and finally a bullish wave (c/y) remains. It can be pumped by maintaining the green range. Closing a daily candle below the invalidation level will violate the analysis 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 Thank You
Long
by behdark
1
✳️ Metal Bullish Bias Explained + Related To BitcoinHere we have a mixture of patterns that alerts us of a bullish bias. MTLBTC - Produced a very strong decline. A strong move to any side produces a similar reaction to the other side. - This steep decline from 20-Feb. to 22-Mar. ends in a higher low compared to Dec. '22. - A volume breakout takes place; the highest volume since February. This signal goes together with the previous two. - As these signals accumulate, prices break above EMA10. Some other pairs, not many but a few, are starting to show huge breakout on the Bitcoin side. If more pairs break bullish, this confirms that this group of Altcoins is ready for a bullish wave. It also confirms Bitcoin's higher low, regardless if the correction it produces is weak or strong. Namaste.
Long
by MasterAnanda
2
MTL : IS THIS COIN GOING TO SHOW A HUGE BREAKOUT OF 300% UPToday, 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 trend. Currently, we are seeing similar trends, with a breakdown that has been in progress for 5 hours. It's important to note that this does not guarantee a breakout will occur, and we cannot guarantee any outcomes. We are simply highlighting the potential for a breakout based on our observations. Based on our study, the coin MTL is still worth considering if it remains above 0.80. However, we do not focus on day trading for this coin, as our primary focus is on the breakout view. Do always study, and see this update only as a view For day trading The coin is currently displaying a breakdown trend on the low time frame and it would be intriguing to see if it targets $1.11 again. The key level to watch for is $1.98. The last breakout of 300% did reveal first a short-term breakdown for 10H, then broke out in 3 hours by 300%. on this chart, we see a similar pattern. Depending on the breakdown time frame, we are now at 5H. There are more views showing a similar trend, our of the basic time frame patterns.
Long
by Goldenbreakout
8
$MTL/#BTC [#Metal DAO]: BBand_Breakout Hey traders, we've identified a Bollinger Band breakout on the $MTL / $BTC chart. The price has moved outside of the upper Bollinger Band, which can indicate a potential bullish trend. The next resistance key levels are at 0.00004545 | 0.00004869 | 0.00005513 and the major support zones are respectively at 0.00003901 | 0.00003581 | 0.00002937. We may consider buying at the current price zone 0.00004392 and targetting higher levels. Technical Metrics : Current price: 0.00004392 24H Volume: 4.0464 Ƀ 24H Price change: 5.097% - Pivot Points - Levels : Resistance: 0.00004545 | 0.00004869 | 0.00005513 Support: 0.00003901 | 0.00003581 | 0.00002937 Indicators recommandation : Oscillators: NEUTRAL Moving Averages: STRONG_BUY Technical Indicators Summary : BUY - In-depth MTLBTC technical analysis on > Tradingview TA page
by Crypto2AF
✳️ Metal Looks "Shaky" vs BitcoinI have to honest with you, always... And the way the MTLBTC chart looks like is just "shaky"... Doubty , if that word exists. But there is still something that calls me about this chart... Consolidation since November, higher lows, bullish RSI... Aha! It is about the cycles, the market cycles and the chart setup, risk vs reward for a trade. If the bullish potential is there, if the market cycle is about to change, if the risk is low... One can jump with good probability of not being wrong. 15% risk is pretty good... It doesn't mean that you will win or have to win, this is the maximum that you can lose. Well defined risk. The target can be 60%, 80%, 100% or more. Low risk vs high potential for rewards. You don't have to hit them all. You just need a plan. Diversify. Learn from mistakes and in time, you, your capital, your wealth and your trades will all grow. Namaste.
Long
by MasterAnanda
1
MTLBTC: breaking resistanceMetal (MTL) is the native currency of Metal products and an essential part of the Metal ecosystem. Sending and receiving any crypto to friends on Metal Pay is, according to the team, instant and feeless. Designed to make cryptocurrency payments fast and easy, users pay zero fees when sending, receiving, buying, or selling MTL. Additionally, Metal Pay users pay substantially less fees when buying other cryptocurrencies if they also hold MTL, with 0% fees offered to anyone who holds 10,000 MTL. Created with the goal of being highly useful and advantageous to hold, MTL has fueled Metal Pay and allowed it to become one of the few FDIC-insured on-ramps to cryptocurrency in the United States. As of 8th of June 2022, Metal Pay is available in 28 EU contries allowing hundreds of millions of more people to use and enjoy the benefits of Metal Pay.
Long
by sequentialvision