BLOC
BLOC, one of the most underrated gems ! 10x short term targetWhere do I have to start?
Well.. short: it's a kind of a no-brainer. Just buy it !
Fundamentals:
Blockcloud (BLOC) is a TCP/IP archtecture where IOT meets blockchain. This company already had 10 years experience in IoT business and has more than 8M connected devices in vehicle, industry, smart home sector, edge computing and so on. Low cost, tamper proof, anti theft, real time, high TPS. The 1st blockchain platform with a superfast and efficient consensus mechanism.
We also know that IoT, 5G and edge computing will conquer the world and better to be safe than sorry.. early in the game as well, like.. now?
Technically:
Bloc has a market cap of 10B tokens, with a price level of 0.00075 usd/token. That's a 4th digit behind the comma.
Fully diluted market cap would be only 7.4M usd.
Bloc has bottomed clearly after a double bottom, a peak in the middle, EMA's turned into bullish order around Feb. this year. We had some instant spikes, which are whales buying up cheap. Atm we are having a small pullback, which is futile concerning the short term target, which imo is at least a 10 X !
First we will double shortly to 0.0012 usd, which will meet an old high and leave the old resistance zone below 0.0006 behind.
As the EMA'S, 21,50,100 are all bullish now, and we are clear above the descending yellow trendline, there's no stopping anymore.
Next target is 0.003 usd, with resistance until 0.005 usd and finally we should reach the value of the ICO at 0.0076 usd, which is exactly a 10 X from here on.
On the right chart I have magnified the chart to show the potential of Bloc on a midterm base, but not an unrealistic target..
The inverted FIB levels show we could reach easily after breaking the ATH and the ICO level.. 0.012 usd, and 0.02 usd.
Eventually there's a potential of a 50x until 0.033 usd. And this is even far from the target of 1 usd which certainly some folks have in mind.
It might be mindblowing at first sight, but nothing is impossible in this big and disruptive tech world with a rapid changing trend.
If this coin gets real practical use and will be implemented in IOT and Edge computing.. what you think 5G will add to the game?
Fasten your seatbelts. Unless you want to leave this gem and not get rich quickly.
This coin is so underrated, that it's hard to believe it's that cheap.
MOVIEBLOC (MBLUSDT) ⚠️ The One Alt Setup Everyone May Be Missing💬 MBL looks like it is gearing up for a run. There are a few things that look promising here. First, price has generally been moving up since May when it began to break its bottom range and started forming these higher lows. Second, and more importantly, the price has been grinding up in a solid and steady uptrend as highlighted in the Yellow box. Betting on a retest of upper resistance could be profitable given the current price action, while a breakout of R2 resistance could bring substantial upside but we are not concerned with anything that euphoric.
Let's look at some levels.
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Support:
S1: The S1 Orderblock is where we'll want to find support for this chart to keep standing out. Retesting above or at S1 keeps our higher lows intact while showing strength by respecting a pre-established support level. More than a wick below this level would make this chart uninteresting.
Resistance:
R1: The first point of resistance is the R1 range highs which can be seen acting as somewhat of a pivot point for price right now. Failing to break this level could be a bad look given the amount of times it has been tested, although as noted we can still find footing at S1 if needed. So a rejection at R1 that brings us to S1 before a move up is not only nothing to worry about, it is ideal for catching an entry.
R2: Our target and the most likely place to find resistance on the chart is the R2 Oderblock range at the previous distribution top.
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Summary:
MovieBloc might not be the project on everyone's minds, but this chart looks good. Front running S1 with a target just below the R2 Orderblock makes a lot of sense. Although with that said, the recent strength has us wondering if MBL won't just keep running past R2 once it gets there, only time will tell. Good luck everyone and ensure you are practicing proper risk mitigation!
Resources:
coinmarketcap.com
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BLOC/USDT (Early Signal of Trend Reversal?)BLOC/USDT
-broke outside trendline resistance
-potential triple bottom reversal pattern
-rsi is holding above 50 level
-we can clearly see a small flat area of resistance
-open buy orders only if we closed above the resistance box
-moon shot target is up to 6000
Blockcloud Hits Rock Bottom (2070%+ Target Mapped)Blockcloud (BLOCBTC) hit rock bottom at 2 satoshis and consolidation has been going on since.
We can notice the moving average lines moving lower and prices now challenging EMA10 at 3 satoshis (0.00000003).
The targets for the BLOCBTC pair have been extracted using the Fib. extension/retracement tool.
Blockcloud (D) INDICATORS
The MACD is neutral with plenty of room available for growth.
The RSI is strong/bullish and trending up.
The TVM VPVR is also favoring the bulls.
Thanks a lot for reading.
Namaste.
BLOC(CAD)/BLKCF(US) - Pennant formation Long from $2.57 to $4.35BLOC(CAD)/BLKCF(US) is looking very interesting. It has come out of a flag formation & now seems forming a pennant formation. Both the Flag & pennant is suggesting a strong upward move. So we would consider a long from current price.
* Trade Criteria *
Date First Found- December 5, 2017
Pattern/Why- Flag formation, Potential Pennant formation
Entry Target Criteria- Current label $2.57
Exit Target Criteria- 1st Target $4.35, 2nd Target $5.15
Stop Loss Criteria- $2.15
Please check back for Trade updates. (Note: Trade update is little delayed here.)