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...
💬 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...
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...
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...
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
This is in supplement to my BTC pairing idea which I published earlier. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!