Long
📦MBOX-- Descending Triangle
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 <like now>, 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 -- or buy if the price goes back down to 3.47
Long-term targets:
TP1: 4.47
TP2: 5.27
TP3: 5.51
TP4: 6.61
TP5: 7.35
TP6: 8.50
TP7: 10.29 (~150%)
TP8: OPEN++
Entry: buy now (current price) -- small position only(buying into resistance!!!) -- and/or buy at first given local pullback -- or buy if the price goes back down to 3.47
Long-term targets:
TP1: 4.47
TP2: 5.27
TP3: 5.51
TP4: 6.61
TP5: 7.35
TP6: 8.50
TP7: 10.29 (~150%)
TP8: OPEN++
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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.
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.