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
-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
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