Mblusdtlong
MBL / MBLUSDTGood Luck
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
MblUsd- Correction over?From the beginning of the month, MblUsd dropped hard and found support only after 75% dive in 0.01 important zone.
The drop is contained in a falling corrective wedge and this gives me reason to think that a new leg up will follow.
0.014-0.015 could be a good zone for buyers and 0.025 zone could be the target.
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