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12 ago 2022
MDX - Prepare for a massive breakout! + Huge parallel channel
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MDX is forming a well respected descending channel on the daily/weekly chart and we are very close to a breakout!
Regarding my Elliott Wave analysis, this massive impulse wave has been completed and that's why we can expect an ABC correction to the upside.
Also we have a local rectangle consolidation, which is always very good to see at the end of the downtrend for a potential breakout trade.
The first profit target is at the strong resistance - wave (4) + double TOP, but i think we can go even higher later.
I think MDX is a great choice together with KP3R!
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
For more ideas, please hit "Like" and "Follow"!
UnknownUnicorn2537518
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Ascending Triangle
Bearish Trend Line
Bullish Rectangle
Descending Channel
Elliott Wave
MDXBTC
MDXUSD
MDXUSDT
Support and Resistance
Symmetrical Triangle
Volume
Zigzag
UnknownUnicorn2537518
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