Mbl
Binance: MBL buy / long H4Binance: MBL buy / long H4
Entry: below 0.013
SL: H4 close below 0.012
TP: 0.015 - 0.016
MovieBloc is a decentralized movie and content distribution platform. It aims to create a transparent revenue share, audience data, and equal screening opportunity for content creators.
The viewers will have access to various contents, and get rewarded for providing curation and marketing material to the ecosystem. The project has raised ~$4MM via private and public token sales, and is founded by Chris Kang, Jeffrey Jin, and Peter Kim.
The MovieBloc ecosystem consists of three layers: .Bloc, Market, and Fundraising. .Bloc is a decentralized community layer connecting all participants, Market is a layer where content and talent can be traded, and the Fundraising layer supports and incentivizes content creators.
The MovieBloc platform runs on the Ontology blockchain, with its utility token MBL being a OEP-4 token. It is used for all payment-related services, such as premium content, translation, and within the MovieBloc ecosystem. Besides payment for services, the MBL token is also used to reward users for reporting illegal content and reviewing films.
MBL EXPECTED RETURN 400% OVER THE NEXT MONTH Hello everyone,
*MBL is likely to rise more than 400% over the next month.
*Moviebloc's MBL market cap is just $50 million.
*BTC is expected to do V-shaped recovery
methodology
first, before I present my analysis let me briefly introduce my methodology. the price is represented by white candlesticks , the top chart is 12H candlesticks while the bottom chart is 6H candlesticks . the set of technical indicators on the price is composed of 9 price moving averages of the following lengths (16, 32, 64, 128, 256, 512, 1024, 2048, 4096). At the bottom of the top chart, in orange is the 365 moving average of 12H price change in % (multiply that number by 2 and it gives the average % daily return over the past 6 months). finally, at the bottom of each chart, the black area represents the volume moving average (the volume is related to BINANCE exchange).
technical analysis
the first step in analysis we need to calculate rate of return, an easy way to do that is by calculating the average % daily return over the past 6 months (the number in orange multiplied by 2) which is around 1.56%. On this rate MBL price is going to multiply 17X times by year end, in other words a conservative $0.15 price target by year end and it will still be less than a billion dollar market cap.
next step is to analyze the volume . the volume in the top chart shows no selling activity, while the volume in the bottom chart shows volume surging with buying activity not with selling activity. this indicates that hodlers are not willing to sell because they know the value of their asset.
finally, the price analysis shows that MBL after a double bottom (the analysis is related to the bottom chart) is very likely to revert towards its longer term moving averages around $0.0155 in the near future, that's 80% expected return over the short term.
if you like my idea pls support by like, comment, and share
thanks
Mostafa
MblUsd- Correction over?From the beginning of the month, MblUsd dropped hard and found support only after 75% dive in 0.01 important zone.
The drop is contained in a falling corrective wedge and this gives me reason to think that a new leg up will follow.
0.014-0.015 could be a good zone for buyers and 0.025 zone could be the target.
🆓MovieBloc/USDT Analysis (8/4) #MBL $MBLThe 0.02$ zone is an important support zone of MBL and the Whales will not want to push it down below this zone.
The buying force is coming into MBL and it is heading to 0.025$ and 0.033$ zone in the next few days
📈BUY
-Buy: 0.0195-0.0205$. SL B
-Buy: 0.0245-0.0255$ if A. SL B
📉SELL
-Sell: 0.0245-0.0255$. SL A
-Sell: 0.032-0.034$. SL A
♻️BACK-UP
-Sell: 0.0195-0.0205$. SL A
-Buy: 0.0155-0.0165$. SL B
❓Details
Condition A : "If 4H candle closes ABOVE this zone"
Condition B : "If 4H candle closes BELOW this zone"
📌Triangle MBL#MBL/USD
📌Triangle MBL
🔹Analytics: active at the support line, already tested the level several times, I consider it a safe entry with a short stop behind the support line, breaking the counter-trend will have a good effect on the upward movement. It is also worth paying attention to the RSI.
MBL Flag Formation
#MBL $MBL
Looks like obvious Flag formation to aim $0.006986
Macd shows new trend has just started
SL is below trend line
Please read this first !
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Regards
Tuesday trade⚡️Long time no see, wolves🔥
There is an ascending triangle on MBLUSDT crypto pair.
There was a slight bullish movement before and now it may be a confirmation of continuation trade.
According to Elliott Waves theory Wave D is done and price is heading to the Wave E. However this triangle may be a circumcised and break the level earlier. Possibly the price is really close to the breakout now..
So follow the chart and look for the best price to enter carefully.
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And always remember: "we don't predict, we react".