In my opinion the second wave of Elliott has started in the weekly time and I think the $ 10 resistance will be broken and it will go up to the my targets. tp1:10$ tp2:15$ tp3:22$
MBOX have shifted from market structure at 4.500 area, it by default supposed to retest 70-88% of FIBO level of that pump that broke the structure. That level is 4.400 area. Lets hope that market respects our setup. USE SL below 4.079. Please like, comment and follow me
Mbox has great potential and longer term it can reach very High For now I am focusing on structure to play upwards to the recent HH, since it created a demand zone price floating above that, Once it break ATH I will continue to hold and invest towards $100 NOT A FINANCIAL ADVISE
mbox is good ...... mbox == stop hunter ........ mbox == uptred ........
Since the last analysis of our friend Parisa from MBOX, the price has grown by more than 20%. The rest of the targets are marked on the chart. Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @Ar_M_An_4 📅 31.Oct.2021 ⚠️(DYOR)
Over the last 2 months the price has been moving down inside of a descending triangle pattern and is now getting squeezed inside of it. Generally this is a bearish pattern, but in bull market conditions , it often breaks out to the upside. Entry: buy now (current price) -- small position only(buying into resistance!!!) -- and/or buy at first given local pullback...
The price tested swing level (3.478) and reclaimed higher levels. I'm still not sure about the upper trendline, you could possibly draw it in a different way and get a different narrative, but I decided to go with the assumption that the price DID NOT break the trendline. Entry: -- explained on the chart -- Targets : TP1: 4.478 TP2: 5.518 TP3: 6.614 TP4:...
hello ,as you can see on the chart MBOX has reached the resistant zone , if it can break this zone we could see higher prices that mentioned on the chart. Invest in the future...
MBOX is on a corrective pattern from wave A-B. Wave B = 50%, 61.8%, 76.4% or 85.4% of wave A as per Fibonacci Ratio Relationship on Elliott's wave principle TP 1 : 43.75 % TP 2 : 59.14 % TP 3 : 81.82 % Thiis is not a finincial advice. It's just a Idea. Happy Trading.