MovieBloc (MBL)MovieBloc is a decentralized movie and content distribution platform driven by the Korean video streaming platform Pandora TV. Anyway, MBL has formed a big triangle pattern and it seems a strong upward wave has started from the bottom of this pattern and going up. Let's see if MBL can break this triangle upward or not.
Moviebloc
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(MBLUSDT chart)
(1W chart)
The key is whether it can rise with support at 0.003058-0.004951.
Since the HA-High indicator and the M-Signal indicator on the 1M chart are passing over the 0.003058-0.004951 range, it can be seen that this is an important support and resistance range.
(1D chart)
It can be broadly divided into three sections.
1st: 0.002139-0.002571
2nd: 0.003058-0.003555
3rd: 0.004951-0.005756
Therefore, the key is whether it can rise with support in the 2nd section.
If it rises like that, it is expected to rise around the 3rd section.
If you fail to ascend, make sure you are supported near the first leg.
A full-fledged uptrend is expected to start if the price holds by moving above 0.004951-0.005756.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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MovieBloc (MBL) - July 13Hello?
Traders, welcome.
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(MBLUSDT 1W chart)
The key is whether it can find support at 0.003505 and move above 0.005606.
(1D chart)
Resistance: 0.005606-0.006271
Support: 0.003051-0.003501
If it moves above 0.004417 and finds support, I would expect further upside.
It is important to find support in the 0.003051-0.003501 range as the stochastic RSI and RSI indicators are located in the overbought zone.
If the CCI line maintains its uptrend, it will likely see a short-term uptrend.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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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!
- If you want to see more of these ideas, hit "Like" & "Follow"!
- Impulse Elliott wave completed successfully.
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
MovieBloc (MBL) - April 21Hello?
Dear traders, nice to meet you.
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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)
🆓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"
MovieBloc MBLUSDT - Ascending triangle +10000%! +100x RETURN- MBL is a low cap coin (622 rank) on coinmarketcap.
- On the daily chart we can see a huge ascending triangle - bullish pattern (5 touches + breaking out).
- I am expecting up to 10 000% (100x return) by the end of the year.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- All time HIGH 0.006 USDT - is currently the one and only one resistance on the daily chart.
-If you want to see more of these ideas, hit "Like" & "Follow"!
- MBL/USDT provides us with 10 000% opportunity, invest only partial of your funds.
- Don't miss my upcoming updates and new ideas.
MBLUSDT completing final leg of Cypher | Upto 202% expectedHi friends hope you are well, and welcome to the new update on MovieBloc (MBL)token.
On the long-term weekly chart, the price action of the MBL is completing the final leg of bullish Cyhper and soon it will be entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts form 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 0.786 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 202%, and the loss possibility is 36 %.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
MBL MovieBloc Divergence on Daily Chart MBLBTC MBLUSDT MBLUSDMBL MovieBloc Divergence on Daily Chart MBLBTC MBLUSDT MBLUSD
MBLBTC Short-Term Signal (Easy 125% Possible)Here we have a trade signal for MBLBTC.
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MBLBTC (BC)
ENTRY: 0.00000016 - 0.00000018
TP1: 0.00000025
TP2: 0.00000029
TP3: 0.00000033
TP4: 0.00000038
TP5: 0.00000041
STOP: Close daily (D) candle below 0.00000016.
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Trade at your own risk.
This is not financial advice.
Make sure to build your own plan/strategy before you trade.
Thanks a lot for your support.
Namaste.
MBLBTC - ready to moveReady to pop! Squeezing into the tip of the falling wedge, touched the retracement level at 15 SAT. Anything between 15 and 17 should be decent entry. First targets would be previous highs, after that just let it ride and don't forget to take profits along the way!
Good luck!
MBL MovieBloc 4H Chart - easy target 28/32 mblbtc mblusd mblusdtMBL MovieBloc 4H Chart - easy target 28/32 mblbtc mblusd mblusdt
MOVIEBLOC (MBLUSDT) ⚠️ The One Alt Setup Everyone May Be Missing💬 MBL looks like it is gearing up for a run. There are a few things that look promising here. First, price has generally been moving up since May when it began to break its bottom range and started forming these higher lows. Second, and more importantly, the price has been grinding up in a solid and steady uptrend as highlighted in the Yellow box. Betting on a retest of upper resistance could be profitable given the current price action, while a breakout of R2 resistance could bring substantial upside but we are not concerned with anything that euphoric.
Let's look at some levels.
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Support:
S1: The S1 Orderblock is where we'll want to find support for this chart to keep standing out. Retesting above or at S1 keeps our higher lows intact while showing strength by respecting a pre-established support level. More than a wick below this level would make this chart uninteresting.
Resistance:
R1: The first point of resistance is the R1 range highs which can be seen acting as somewhat of a pivot point for price right now. Failing to break this level could be a bad look given the amount of times it has been tested, although as noted we can still find footing at S1 if needed. So a rejection at R1 that brings us to S1 before a move up is not only nothing to worry about, it is ideal for catching an entry.
R2: Our target and the most likely place to find resistance on the chart is the R2 Oderblock range at the previous distribution top.
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Summary:
MovieBloc might not be the project on everyone's minds, but this chart looks good. Front running S1 with a target just below the R2 Orderblock makes a lot of sense. Although with that said, the recent strength has us wondering if MBL won't just keep running past R2 once it gets there, only time will tell. Good luck everyone and ensure you are practicing proper risk mitigation!
Resources:
coinmarketcap.com
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
$MBL - Breaking TrendlineFor safety, wait to a retest of old resistance (green line - 25 SATs)
With 2Digits coins party on Binance, it could be a gainer
MBL/BTC. BULLISH GARTLEY, 2X POTENTIALAfter a nice move up and significant pullback MBL has formed a bullish Gartley and retested an area of confluence for support and looks ready for its next move up. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
MovieBloc Project Overview & Fib. Levels MappedAbout MovieBloc
MovieBloc describes itself as a decentralized movie and content distribution platform. It aims to create the biggest and most participant-centric film ecosystem.
Source: Coinmarketcap.com
Website: moviebloc.io
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On the chart above we are looking MovieBloc (MBLBTC) on the daily timeframe.
The lines on the chart (grey/orange dotted and magenta dashed) are for resistance and support levels, extracted with the Fib. extension tool.
Namaste.
MBL the sleeping giantMBL has just entered the large crypto market such as bitmex in the past few days, based on the RSI, there has been an acceleration of transaction speed.
expect the breakout anytime. I share the FIBB retracement line to be a guide to all traders so that it can be a handle where entry and exit from your respective strategies.
Based on fundamentals, MBL made some positive achievements
-synergy with the KMP PLAYER application
- do an MOU with the Korean film university
-become a node for ONG,i expect there will be a big collaboration between the two later, it could be that some investors will be interested in investing MBL
MBL is still very young with a lot of great potential for MBL going forward, hopefully we can see the bright future of MBL in later years.