MBLUSDT
MovieBloc MBLUSDT - Bull flag+35x return by the end of the year!- MBL is a low cap coin (443 rank) on coinmarketcap.
- Currently the price is breaking out of the bullish flag!
- Also we can spot an ascending triangle forming right at the bull flag.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- 35x return by the end of the year!
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- Impulse Elliott wave completed successfully.
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 (MBL) - April 21Hello?
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(MBLUSDT 1W chart)
(1D chart)
We'll have to see if we can climb above the 0.017612 point for support.
If it falls between 0.009420-0.012236, you need Stop Loss to preserve profit and loss.
In order to continue the uptrend, it needs to rise above 0.022956 and gain support.
The next volatility period is around April 25th.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
📌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.