MBLUSDT
MBLUSDT completing final leg of Cypher | Upto 202% expectedHi friends hope you are well, and welcome to the new update on MovieBloc (MBL)token.
On the long-term weekly chart, the price action of the MBL is completing the final leg of bullish Cyhper and soon it will be entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts form 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 0.786 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 202%, and the loss possibility is 36 %.
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.
MBL MovieBloc Divergence on Daily Chart MBLBTC MBLUSDT MBLUSDMBL MovieBloc Divergence on Daily Chart MBLBTC MBLUSDT MBLUSD
MBLUSDT ANALYSISI am bearish at the moment
Buy at the support line ($ 0,000967) sell at the resistance line ($ 0,002015) or
Buy this coin when the resistance line turns to new support line or
Wait for EngineeringRobo' s buy signal and after that watch carefully EngineeringRobo' s sell signal
If you hold this coin sell at the resistance line or watch carefully this coin
Unfortunately, EngineeringRobo gave Sell 1 & Sell 2, Bear, Hell and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
Have a good trade If you want to use EngineeringRobo please dm me.
MBL / USDT is just beginning its bullish movementMBL/USDT is just beginning its bullish movement. Long-term targets are equivalent to Fibonacci levels.
MBL has found immediate support in EMA 20 with reinforcement of EMA100 in the daily period, positively crossed indicating an increase since May. It also has the reinforcement of the WT_CROSS indicator.
Long-term profit potential: 181%.
Good luck.
MBL is a good choice if you're looking for a low sats coinBINANCE:MBLBTC
The chart obviously show a test pump on 26 May 2020.
Volume becomes alive after that until now with very low selling pressure.
In my opinion, whales keep accumulating.
Entry: 16-17
Target: 28, 33+
SL: 11
Be patience
MBLUSDT ANALYSISThe candles are stuck between the resistance line(0.002521) and the dashed line. EngineeringRobo's signal showed Sell - 2, and the candles hit the resistance line(0.002521) 2 days ago. Then it started going down, so I would prefer to wait until the dashed line or pass the resistance line before buying MBL.
MBL MovieBloc 4H Chart - easy target 28/32 mblbtc mblusd mblusdtMBL MovieBloc 4H Chart - easy target 28/32 mblbtc mblusd mblusdt
MBL/USDT (New Key Support)MBL/USDT
-New key support is set at 1837 area
-The price bounce back above the 50D MA dynamic support
-But currently rejected by previous support at 2184 region
-If MBL unable to get passed this level next few days
-It will likely pull back a little and re-attempt another bull break
-The safe entry for this market is to confirm the breakout
-You can either Buy the breakout or retest of new support
-The upside potential is up to 3000-3200
-Bearish side, close below 1800 will lead down to 1500 next support
MBLUSDT AnalysisI am cautious about MBLUSDT. The candles have been slightly increasing and the candle is now almost touching the resistance line above. The candle is still below the resitance level, so it is a good time to sell it if you already have some of this coin. Engineering Robo 2 is giving a Sell 2 signal, which also indicates that it is time to sell it.
If you want to buy it, the best decision now is to wait for an open-close candle above the 0.02 level and then buy it.
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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MBL paraboilc Chart! Bullish Indicators!Hi everyone,
MBL is moving really bullish.
- Downtrendlines broken
- RSI over 50
- MACD moving up
And some more:)
This Coin can easily move 100% in days.
Trade at your own risk.
MBL/USDT (Higher Lows, Sign of strength?)MBL/USDT
-the .5 Fib area is acting as current resistance zone
-but the bulls keep making a series of Higher Lows (a sign of strength)
-12H 100ma is strong dynamic support including the ascending trendline
-moreover, if we see a break/retest of the mid resistance
-that will be a good Buy signal and your target is the recent top at 3k sat
-bearish side if the upward trendline is broken will lead to downside action
MBL/USDT (Consolidating, Potential Breakout?)MBL/USDT
-nothing has changed from the last post about this coin
-the price is consolidating at the tip of the ascending pattern
-we will likely see a breakout soon
-if this candle closes green today
-the chances of breaking up will increase
-you can enter a trade with a tight stop loss
-or you may wait for the breakout of the pattern
-it still up to you what is your risk appetite
MBL/BTC (Potential Breakout?)MBL/BTC
-price action keeps respecting the 50D MA
-making a series of Higher Lows
-a visible trendline of support for uptrend
-we can also see a strong green volume
-there is a resistance zone at 23-25 sat
-if we can clear this zone, it is a good buy or on retest
-the upside potential is up to 34-48 sat
-stoploss is determined if the candle body closes below 50D MA
$MBL - Breaking TrendlineFor safety, wait to a retest of old resistance (green line - 25 SATs)
With 2Digits coins party on Binance, it could be a gainer
MBL/USD, BAT PATTERN, ASCENDING TRIANGLE, 40 to 120% moveThis is in supplement to my BTC pairing idea which I published earlier. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!