๐ฅMBOX ๐ฅTesting a strong support ๐ฅmight see 5$ before rally ๐ฅ
๐ฅHi my Friends,
As you see on the 1D chart of MBOX
1- After MBOX Crossed the old ATH at 10.8$ and had a great bounce to 15.7$ which is the new ATH now.
2- After the New ATH normally we should have a correction but we shouldn't break down the Previous ATH Support
3- Unfortunately MBOX breakdown the Previous ATH Support at 10.8 $ and closed daily below then it continue fall down till we reach now to the most strongest support at 5.4 $
๐ฅNOW we have a strong support at 5.3-5.6 area and also we have the trendline which works as a good support as well
๐ฅ so we might have a bounce from the current support to the targets below
-- if it fails to have a bounce from here most probably will see 5$ before we start the rally
---I you are investing in that asset 3.4$ is very important for you and close daily below will be dangerous.
Targets:-
๐ข7.8
๐ข10.8
๐ข12
๐ข15.8
๐ข22.1
๐ข32.5
๐ดSTOP LOSS
Close Daily below 5$
๐ฉTrade Safely
๐ฉ---------Not a financial advise--------------
๐ฅ ๐ฅ๐ฅIf you like my idea, give like and follow to receive all updates๐ฅ๐ฅ๐ฅ
--------------------------------------------Thanks---------------------------------
As you see on the 1D chart of MBOX
1- After MBOX Crossed the old ATH at 10.8$ and had a great bounce to 15.7$ which is the new ATH now.
2- After the New ATH normally we should have a correction but we shouldn't break down the Previous ATH Support
3- Unfortunately MBOX breakdown the Previous ATH Support at 10.8 $ and closed daily below then it continue fall down till we reach now to the most strongest support at 5.4 $
๐ฅNOW we have a strong support at 5.3-5.6 area and also we have the trendline which works as a good support as well
๐ฅ so we might have a bounce from the current support to the targets below
-- if it fails to have a bounce from here most probably will see 5$ before we start the rally
---I you are investing in that asset 3.4$ is very important for you and close daily below will be dangerous.
Targets:-
๐ข7.8
๐ข10.8
๐ข12
๐ข15.8
๐ข22.1
๐ข32.5
๐ดSTOP LOSS
Close Daily below 5$
๐ฉTrade Safely
๐ฉ---------Not a financial advise--------------
๐ฅ ๐ฅ๐ฅIf you like my idea, give like and follow to receive all updates๐ฅ๐ฅ๐ฅ
--------------------------------------------Thanks---------------------------------
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