MovieBloc (MBL) - July 13

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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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