Multibit (MUBI) is trading at approximately $0.121, experiencing a decline of 2.75% over the last 24 hours and a more substantial decrease of 6.80% over the past week. The market cap currently stands at around $114.96 million, placing it at #406 in the market cap rankings. The 24-hour trading volume is reported at about $10.8 million.
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hey traders
as u can see we have a bullish harmonic pattern in 4H TF
also, candles still playing in Falling Wedge
also, this area is confirmed by the 4H Demand Zone
Break up the pattern will b trend confirmation for the mid-term scenario
share ur chart and leave a comment
MultiBit, a Bitcoin bridge for BRC20 and ERC20 tokens, seems to profit from the current hype around Runes and the general Bitcoin narrative, and is doing quite well despite the weak market.
BITGET:TAOUSDT Reaching a pivotal juncture that will dictate the asset's trajectory. Technical analysis of the daily chart reveals a pattern of descending peaks. Confirmation of the emerging symmetrical triangle on the D1 timeframe could signal a potential retracement to the 0.1400 price zone. The H1 chart exhibits a bullish trend, projecting upwards until the...
BITGET:MOBILEUSDT is forming a Cup and Handle pattern on the 10m chart. For this formation to be confirmed, we need to see an increase in the asset's volume. If the handle confirms, the targets are aimed at the flow zones in the volume profile and the convergence of Fibonacci projection.
Thank you for reading this update.
Depending on our study we see that MUBI has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
MUBIUSDT speculative transaction
Entry is from 0.122 and the targets are marked on the drawing
Maintaining the rising trend is necessary to achieve the goals
The highlighted areas in purple triangles look like solid dca or buy zones. I’ve given up trying to trade this. The volume and momentum seems pretty stagnant at this stage of the market. IMO these zones would be the best areas to keep picking at it. Mubi seems like a solid bridge and project but there’s lacking hype and retail momentum atm. I still think Mubi can...
Looks like a bull flag breakout and retest. Daily divergence and money flow still in play. Maybe looking to retest the 0.125 support area. Who knows, hopefully this could play out though. Could move pretty hard it seems with enough volume and interest.
4h time frame
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MUBI retested 0.085 two times and created a double bottom, which neck line is around 0.127.
We have opened positions at bottom(0.085), and the new support zone(0.127) is an opportunity to add positions, that target is 0.22. Moreover, if we use Fibonacci Extension on MUBI, the first obvious resistance is 0.345, so we can set up a trading...
Being one of the strong projects in fundamentals, daily chart of $MUBI has started showing bullish signs after a few months of downtrend. On the way to reclaim one of previous strong supports, and if this hold with the accumulation period of Bitcoin CRYPTOCAP:BTC , I am expecting $MUBI to reclaim its ATH.
I think this will end up being a BIG gainer once Alt season really begins. #Brc20 plays will continue to gain interest once normies arrive they will think they are SUPER SMART for clinching these types of ideas. Still no major #Cex IMO
Speaking of @robinhood where you at with some NEW coins.
I'm kind of surprised this came all the way back down in the 1st...
Hi everyone, it's been a long time since I last published an idea.
This is a request from a friend who everyday shouts for mu bibibibibi
Multibit (MUBI) is basically a platform that bridges BRC-20 to EVM and since recently Bitcoin has regained popularity especially its token, nft and even gaming, MUBI price shoots up very quickly.
Here my MUBI chart idea...
Real nice pattern forming here, with these potentially being the right shoulder / partial decline.
Nice reaction backtesting .1045, we could come down and fill in that wick a bit still, but shows demand, where there was once resistance.
The context is nice, a momentum shifting structure, after a long bear market, and 886 retracement, and the partial decline...
Looking at MUBI after it was brought to my attention at $0.23 I'm curious to see where it goes based mainly on the Stoch RSI. Could it see a run up by a further 400% by the end of Jan? If so, it's going to take a fair bit more publicity imo.
