Long
MBL/BTC (Potential Breakout?)

MBL/BTC
-price action keeps respecting the 50D MA
-making a series of Higher Lows
-a visible trendline of support for uptrend
-we can also see a strong green volume
-there is a resistance zone at 23-25 sat
-if we can clear this zone, it is a good buy or on retest
-the upside potential is up to 34-48 sat
-stoploss is determined if the candle body closes below 50D MA
-price action keeps respecting the 50D MA
-making a series of Higher Lows
-a visible trendline of support for uptrend
-we can also see a strong green volume
-there is a resistance zone at 23-25 sat
-if we can clear this zone, it is a good buy or on retest
-the upside potential is up to 34-48 sat
-stoploss is determined if the candle body closes below 50D MA
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.