Mhb
DOGEUSDT Two Scenario??There is two working scenarios, to ride the trend, it shows a bullish for long-term investment. Take note on 0.086 mark
For short term, if DOGEUSDT sideway along the resistance around 0.086, there is potential it will be drop until 0.055, before bounce back to gain a next bullish momentum. With RSI reaching underbought, all traders try to buyback at lower price. Potential buy back around 0.060 to 0.065.
Scenario 2, if it trend break the 0.086 resistance, a strong sledgehammer can go up until 0.125 before February 21.
Do alert on news & announcement, keep 1/10 ratio for now.
Dislaimer : Not a buying advice, just a working analysis from non-premium members. Follow if you think this idea make sense.
Trade Safe and Responsibly,
>MHB<
MHB - short term upside biasThe stock is riding major uptrend in parallel channel and currently is nearing support. With short term upside on Brent/WTI, there could be opportunity for entry. Stochastic is showing a possible reversal.
But remember, this is only for short term quick gain, and always adhere to cut loss if it break support.
R 0.455
S 0.425
Sentimen: Short term bullish Brent/WTI price
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MHB - breakout cup and handle pattern ?In H4 chart, we observed a cup and handle pattern and a possible upside with TP 0.530 and support 0.390, with EP 0.425 for breakout confirmation. In H1, MACD showing a breakout signal with good RSI momentum.
EP 0.425
TP 0.460, 0.500, 0.530
SL 0.390
RRR 1:3
With Brent and WTI making good momentum, this could gives strong upside for energy sector, and eventually MHB.
The stock is considered among leader in O&G related Equipment and Services sector with a very small float (7% float of 1600M shares) compared to heavier KNM (33% of 2750M shares). This adds more speed to MHB’s move.
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