mptrading74675

mptrading74675

I don't know how high this can go but after an abc correction and rejection from key support this is worth a trade. I would scale out though and definitely do not expect Shib to reach 1 ct.

mptrading74675

Almost the same picture in the daily as in the two-hourly timeframe. Short-term target could be $ 0.75 - 0.90, mid-term target for next year could be $ 2.75.

mptrading74675

It's going to be choppy in the next days, most probably. The blue line is just an example of the possible price action. A breakout is likely in my opinion, however the short/long ratios at bitfinex (etc.) for all cryptos are rather low. So nobody knows what gimmicks these exchanges have prepared to stop out the leverage trader.

mptrading74675

The first chart shows the Russell 2000 compared to the S&P 500, hence the stength of small cap stocks. Digibyte is just an example but you see a similar picture in many pennystocks, cryptos and small cap stocks.

mptrading74675 Updated 

I evaluate XRP as a digital commodity unlike most youtubers/influencers/etc. that evaluate it as a security by market cap with predictions of $ 4 - 10 (short wave five -> possible though). So $ 250 (candle shadow) is my best educated guess, just the time horizon is difficult/impossible to predict. But it will most likely not happen next year. Once the trading...

mptrading74675

I mentioned that I'm bullish on commodities, not only lithium. The oil prices are going higher as I assumed and will most likely continue and possibly even reach a few hundreds in the next ten years. This chart is pretty illiquid - especially in the beginning - and difficult to analyze but I looked at the big picture and I conclude that the smart money...

mptrading74675

Roughly 7,8 k is the short term target for ETHUSD. I see many green lights and a high relative strength. The same counts for the altcoin market cap (CMC data). Even the same cup and handle pattern with breakout and re-test is visible. Many cryptos could go wild from here, especially the "late boomers".

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If btc gets rejected at resistance, 56 k is likely in my opinion. The altcoins could make higher highs in btcs wave b as btc-dominance is in a short term downtrend.

mptrading74675

The first head and shoulders is confirmed and backtested. The target of $ 1.40 could lead to confirm the second head and shoulders of a higher timeframe.

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Perfect breakout for Stellar with a slight re-test and continuation candle. Target is $ 1.60 which means price discovery and higher prices if the target gets reached. This would also confirm the macro cup and handle depending on the future breakout price action.

mptrading74675

Digibyte is a long term buy and hold and my favourite crypto and unlike Dogecoin it's the real peoples coin, whereever that false narrative is coming from that an inflationary fiat-like crypto-currency like Dogecoin should be the crypto of the folk as inflationary fiat-money and the central banks are the way to exploit the working class and small/mid-sized...

mptrading74675

Dash is lagging behind the market as we all know. Looks like the grey area is a good time to buy. Orange should be used to take out the initial risk and any levels above should be used to scale out.

mptrading74675

$ 125 +/- is an area of confluence where wave five could come to an end. The a/d based on daily price data is showing a strong uptrend. We need to be patient though, in my opinion.

mptrading74675

Tilray is showing divergences at a zone of confluence. I analyzed the price/volume relation in every timeframe for a long time and I'm impressed again and again. One of my all time favourite long term trades. Let me know your long term price goal if you have one! The last weekly candle is forming a potential hammer which shows rejection from the support zone.

mptrading74675

The relative price strength is cooling down but the rounded bottom shows it's most likely getting stronger soon.

mptrading74675

The chart shows it all. The target at 17.5 is my best educated guess based on linear measurements.

mptrading74675

Crude oil confirmed this megaphone pattern which has a technical target at around $ 85. That target would break a 13 year old downwards sloping resistance. First Cobalt could follow the commodity market for a lucrative wave three but be careful with this pennystock as further correction (double three) is possible.

mptrading74675

People not liking IOTA makes me wary. Weekly close above $ 2.50 gives confirmation. $ 10 in 2021/2022 for wave five is likely, in my opinion.