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

Komentarz:

NIce pump today, probably followed the cryptomarket and it's not just due to MBOX itself. Currently daily price is hitting the channel's upper resistance. Even the volume surge is appreciable:

here the weekly chart:

Komentarz:

As I told you the breakout for MBOX was more likely and it did happen. I hope you bought at my signal. Anyway the real resistance is still the purple area. If price bounces off that we'll see a retest of the trendline.

Komentarz:

Exactly like I anticipated there was a retest of the former channel resistance and a bounce which is currently piercing the real resistance zone.
Here at daily:

here at weekly you can notice the surge in volume but we need much more volume and a different shaped weekly candle to clear this resistance out. I think you're still in time to buy