MBOXUSDT trade ideas
Is a Massive Bullish Breakout for #MBOXUSDT Around the Corner?Yello, Paradisers! Are we on the brink of a massive bullish rally for #MBOXUSDT, or is a pullback lurking around the corner? Let’s dive deep into the price action!
💎 #MBOXUSDT is displaying strong bullish potential as it hovers above a crucial demand zone at $0.1529. We've been tracking #MBOX closely, noting its movement within a falling wedge pattern often a precursor to an imminent breakout. The next key level to watch? The internal minor resistance at $0.3367.
💎 Should #MBOX maintain its strength around this resistance, we could be on the verge of a significant rally, mirroring past explosive market moves. A successful breakout above the critical resistance at $0.3367 could pave the way to even higher resistance zones, potentially propelling the price further.
💎However, caution is paramount! If the momentum falters at this critical demand zone, we may witness a pullback toward the lower support area, between $0.1256 - $0.1162.
💎Stay sharp and keep a close eye on the #MBOX price action. A daily close below this demand area could invalidate the bullish scenario and signal further declines.
💎Remember, Paradisers, the market can turn swiftly! Patience, vigilance, and strategic moves are essential to staying ahead in this game. The next few days could be make-or-break, so play it smart and keep those emotions in check.
Consistency, discipline, and sound tactics will keep you in the winner's circle. Stay sharp and trade like a pro!
MyCryptoParadise
iFeel the success🌴
Mbox uptrend move BINANCE:MBOXUSDT
Mobox in accumulation around fundamental value on weekly
Possible Targets and explanation idea
➡️Weekly timeframe would be good to see sweep liquidity and close W fgv
➡️Test fundamental value of coin (last line on Take profit indicator)
➡️Take profit line and exit line market at this current moment
➡️Its a lines where you can take profit withdraw initial deposit 100% and leave free coins
➡️Next targets is road to 2$ full fill of M fvg
➡️Nobody can know the timing for this
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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MBOX BULLRUNFIBO was not built from the very peak in order to get more “conservative” goals for the coin. Main goals on the chart. More than achievable. I keep it together with the CAKE coin. I carried out an analysis on it a year ago. All according to plan. I’ll explain why they are achievable:
1. Zone 18-27 is the global accumulation zone for ANY coin.
2. Huge accumulation of this coin by the BINANCE exchange, almost 2/3 of the coins are owned by BINANCE
3. Partnership with DWF LABS in December. For those unfamiliar with DWF, Google will help.
4. BYBIT futures on the coin and huge volumes have recently entered without practically an increase in the price of the coin.
5. Release of new games, etc., changes in tokenomics.
Conclusion Binance is actively accumulating GAMEFI coins GALA MOBOX and others from which I conclude that the bullrun trail may be under the auspices of GAmeFI, the previous ones were DEX and DEFI
Goals: 4.4$-7.2$-11$. It may go higher, but I’ll start fixing it after the 2nd goal. I take Capa into account, but I don’t think it’s the main one because they are rocking coins with a trillion supply, so I think that Capa is for us. The market maker is wondering what to download. At least MKR at least BONK. I believe that the CAKESWAP team is behind this project. Similar style of running TWITTER, the same reduction of tokenomics, partnership with CAKE. Why does not it grow? Weak hands throw it away.
I’m looking forward to the alt season this year (global. Because some coins have already pumped up quite well) autumn winter. It will come when BTC dominance is 40% and below this will be the peak where everything needs to be fixed
MOBOXMobox is in a 3-peak model, this is the daily chart, Mbox is a good token but perhaps this is not the time for gameFi or NFT, but it will be soon, when the cash flow rotates and creates a trend - P2E , although the price has escaped the falling wedge, it is still necessary to wait and see if BTC increases or the sideway creates conditions for alcoint, then Mbox will jump to 1.1-1.2$, anyway the safe buying zone is Current price, spread evenly 0.18 -0.2 $ DCA
MBOX buy setupMBOX has a good ascending structure. We have a good demand area, if the price pulls back to this demand, we can look for buy/long positions in this demand.
By maintaining the demand area, it can move towards the specified TPs.
Closing a candlestick below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
MBOX: when will it breakout from this channel?This is an old bag to which I added over the last year because my plays in this cycle are mostly GameFi and AI + some old blue chips. Perhaps I was a bit "too early" on GameFi because now there's a ton of new projects out there which are catching more hype but MBOX has already different working games and a big community. Moreover it is under Binance's wing. So this should pop up at a certain point.
The blue line is my avg. entry price, I chose not to lower it anymore because I had bought too many when I was too early so to lower further I needed too much money which I invested into new projects.
Anyway: if you want to invest into GameFi and you're interested in something which already works this is a good choice. I think GameFi and cryptogaming will be HUGE.
As you can see weekly volume has been rising as well as OBV and BB are tights. Chances of a breakout are now higher, once this happens that resistance has to be cleared.
Daily chart could be a cup&handle, if this is the case it should breakout this time:
Good luck and let me know what you think about this project