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AlanSantana
Feb 14, 2024 2:26 AM

✳️ Mobox Volume Signal | 333% Target Mapped Long

MBOX / BitcoinBinance

Description

Look at this, I will show you a volume signal but first some context.

Mobox (MBOXBTC) has been dropping since December 2021, more than 800 days or 2.2 years.


This is definitely a extreme bearish trend... It is coming to an end.

Zoom in to present time, between February 2024 and October 2023, an uncharacteristic rise in trading volume, strong bullish action in the last two days:


The uncharacteristic high volume is telling us that market players are starting to wake up. Bullish divergence with the RSI, in Feb. a lower low.

These are bottom signals; once we hit bottom, the only place left to go is up... And up we go.

Namaste.
Comments
MyCryptoParadise_Nathan
Your analysis of Mobox provides valuable context
cryptomecon
You are very bullish on BTC pairs, what about USDT pairs (same coins) could that be a sort of hedge against a potential BTC drop, doe's the math change...?
Thank you for the work you put in.
namaste
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