mpd

mpd

In my view is drawing an inverse head and shoulder pattern , the final target is 139-140k area

mpd

In my view current BTC correction will find supoprt at 0.618 Fibonacci Level, around 105k area, where bullish trend will resume to complete the bullish cycle startede in 2020 after covid crash. My final target is around 155k but I see a correlation between BTC and SPX cycle so assuming that my final target for SPX is around 7440 area and considering that usually...

mpd

USDT is moving in a rising channel , in my view current rebound will continue to target 4.87% next week then bearish main trend will resume and break down the channel to target 3.35%

mpd

In my view current bearish move represents wave #4 of a 1-2-3-4-5 pattern. Wave #4 could end next week in 19.8 area then last bullish wave could start to targt 30.4$ to cmplete the bullish cycle

mpd

In my view current short term correction could stop @ 17,9$ area where bullish trend could restart to target 33-34$ area

mpd Updated 

In my view btc.d is printing an head and shoulder pattern once broken the long term trendline the target is 51.7

mpd

In my view Brent is printing bearish wave #2 that will stop @53.3 area where bullish wave #3 will push price at least to 190$. FInal tp could be 262$ area

mpd Updated 

Looking at long term chart in my opinion chainlink will grow to 0.236 fibonacci level @41.6$, I don't think it can go beyond that target in this bullish cycle.

mpd

Looking at chainlink-btc monthly chart and the fibonacci levels I can see a long term bearish move completed and a long term accumulation phase, so I expect a big bounce in the next 2 months

mpd

In my view current correction could stop in 5800 area where bullish trend could resume to target 7445 area in November

mpd Updated 

In my view after a deeper retracement to 0.618 fibonacci level , about 16.3$, Link bullish trend will resume to target 30.4$

mpd

BTC Dominance is moving in a descending wedge in my view will fall to 41-42% in next 2/3 months starting altcoins massive bullis trend then reversal

mpd

BTC is compressing in a falling channel: in my view in the short term it could retrace at least to the channel mid line (around 104k) maybe to the channel lower trendline (around 97,5 - 97,8k). Once the channel will be broken BTC will reach final bullish cycle target in the range (132,109k - 132.700k) , then bearish cycle will start in autumn

mpd

Looking at the long term chart starting from the covid crash we can see 2 impulse of average 2650 pts and two retracement, so from the trump crash to 4800 we could see one last bullish impulse of around 2650 pts to target 7450 in autumn. Now I expect a retracement to 5965-5970 area before last bullish impule

mpd

Avalanche could be still bearish: in case of BTC to retracement 95k area Avalanche could retrace to 14,39$ area then a bullish move could start to target 38$ in october.

mpd

BTC is moving in a falling wedge once broken my final target is still intact @133k but in the short term we could see a retracement to 94,5k . So my plan is to buy BTC in case of 94,5k or in case of bullish continuation , to buy BTC once falling wedge will be up broken.

mpd

In my updated view brent long term bearish trend has not stopped to 58$ area I expect in the short term a fall to 48$ area then the reversal my targets are 171$ and 234$

mpd

In my view next month will be bullish for SPX, I expect a test of 6444 area (1.6 fibonacci extension from bullish trend started in 2020) then bearish market will start and push SPX to 3800 area.