If it wasn't for the volume and oscillators I wouldn't be able to tell you what is happening here.
Mobox (MBOXUSDT) hit a new All-Time Low 19-October.
The ATL session ended as a Doji.
The ensuing two sessions are green and pushed prices above EMA10, indicating that the ATL Doji can work/signal a potential reversal, but that's not the main signal.
We can see high bull volume early October and low bear volume as a new low is hit.
This is coupled by a strong bullish divergence with the RSI and MACD.
These signals together tells us that a reversal can take place anytime, or that the 19-October low can be the bottom of this bearish wave.
I hope this answer your questions, your interest in this pair.
If not, just leave a comment... And you might want to follow.
Thanks a lot for your support.
Wishing you the best now and always.
Namaste.
Mobox (MBOXUSDT) hit a new All-Time Low 19-October.
The ATL session ended as a Doji.
The ensuing two sessions are green and pushed prices above EMA10, indicating that the ATL Doji can work/signal a potential reversal, but that's not the main signal.
We can see high bull volume early October and low bear volume as a new low is hit.
This is coupled by a strong bullish divergence with the RSI and MACD.
These signals together tells us that a reversal can take place anytime, or that the 19-October low can be the bottom of this bearish wave.
I hope this answer your questions, your interest in this pair.
If not, just leave a comment... And you might want to follow.
Thanks a lot for your support.
Wishing you the best now and always.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
Related publications
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.