TradingView
behdark
Dec 20, 2023 1:12 PM

MBL LOOKS BULLISH 

MovieBlocCRYPTO

Description

Before anything, pay attention to the time frame, the time frame is big.

MBL appears to be completing a large ascending triangle as we are now in wave E of this triangle.

By maintaining the green range, it can move towards the targets

Fixation of 1 weekly candle below the green range will violate the analysis

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

Trade active

It is still valid.

The desired drop was made and then supported from the green area. As long as it is on the green area, it is bullish.

Pay attention, the time frame is big and time consuming.

This is not the entry point, the green area was the entry point

More