MBL / MBLUSDTGood Luck
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Mblbtclong
MBL/USDT (New Key Support)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 the breakout or retest of new support
-The upside potential is up to 3000-3200
-Bearish side, close below 1800 will lead down to 1500 next support
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