MTL / BTC LONG (7.8 Risk/Reward)
Aktualisiert
Very exciting project. It is a payment processor that returns 5% back in crypto currency MTL -1.32% -1.32% for all transactions received/sent. Beta of metalpay app releasing by the end of March. They are waiting for regulators to give the green light, and are aiming to be available for common US bank accounts in all 50 states by the end of summer.
I've been talking a lot about MTL -1.32% -1.32% , and I was hoping to post a very straightforward trade for those following along. MTL -1.32% -1.32% looks to be painting a bull pennant with a measured move that lines up with key resistance and support zones from the larger triangle formation. While it is early and the pennant may be invalidated, there is a clear zone for stop loss and high upside to give a very nice risk:reward. I tried to make the entry and stops similar to where I would put them for myself. Happy trading!
I've been talking a lot about MTL -1.32% -1.32% , and I was hoping to post a very straightforward trade for those following along. MTL -1.32% -1.32% looks to be painting a bull pennant with a measured move that lines up with key resistance and support zones from the larger triangle formation. While it is early and the pennant may be invalidated, there is a clear zone for stop loss and high upside to give a very nice risk:reward. I tried to make the entry and stops similar to where I would put them for myself. Happy trading!
Anmerkung
Bullish pennant mentioned above:Anmerkung
Progression of pennant, chance of entry due to bullish falling wedge pattern:Trade ist aktiv
Anmerkung
Trade geschlossen: Stop wurde erreicht
Breakdown of any bullish formation on short time frame. If we hold above 52k sats, I will be bullish mid term, and will post a followup trade.Anmerkung
Invalidated. New Trade!
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.