MOBOX | All-Time Low & Volume Signal (1,100% - 2,600% Potential)Good night my fellow traders, today is Saturday and another amazing chart just came to my attention.
Look at how MBOXBTC has been going down since late 2021, the end of the last major bull-market.
By December 2023, after two years of continued bearish action, trading volume starts to rise. This is the first signal...
The bearish trend continues with lower lows for many months and in August 2024 a new All-Time Low is hit, and volume rises even higher. At this point, we see the highest buy volume since November 2021, almost three years ago.
As soon as this strong purchase volume comes in, we start to see some bullish action. A potential reversal of the trend can happen here. MBOXBTC can go from a downtrend to an uptrend. From lower highs and lower lows, to higher highs and higher lows.
Growth potential is huge.
The uptrend can last a few months just as it can last an entire year or more. We have no historical data for this pair, so we cannot make an accurate prediction. What can be said is this, based on the available data; up we go next.
Namaste.
