MSTX: The Coiled Spring
Following MSTX's descent to $60, technical indicators are painting a picture that screams opportunity.
Daily Chart:
Weekly Chart:
The CM_Ult_MaCD has bottomed out completely, and if you've traded long enough, you know what that means - upward momentum is coming, and it's coming fast.
The setup is textbook perfect. We're seeing the Stochastic oscillator flirting with oversold territory, and anyone who's been in this game knows that's when you want to position yourself. It's not just about timing - it's about recognizing the patterns that repeat themselves.
What's really getting my attention is the SQZMOM_LB indicator. Those VIX spikes we're seeing aren't random noise - they're telling us a squeeze is brewing. When this pressure cooker blows, we could see rapid upside movement that'll catch the shorts off guard.
Speaking of shorts, they've shown their hand at the $60 VWAP level. Both daily and weekly charts confirm this sweet spot, and I'm seeing all the signs of a short sweep setting up. This is exactly the kind of technical confluence that precedes significant moves.
I'm anticipating MSTX to first reclaim the $100 level, with potential to test previous highs around $175-200. The short squeeze, when it triggers, could accelerate this movement significantly. Smart money will be watching these levels closely.
The key here is patience.
Let the technicals confirm what we're seeing. When that squeeze triggers - and it will - you'll want to be positioned ahead of the crowd.
Stay tuned for updates as this play develops.
Daily Chart:
Weekly Chart:
The CM_Ult_MaCD has bottomed out completely, and if you've traded long enough, you know what that means - upward momentum is coming, and it's coming fast.
The setup is textbook perfect. We're seeing the Stochastic oscillator flirting with oversold territory, and anyone who's been in this game knows that's when you want to position yourself. It's not just about timing - it's about recognizing the patterns that repeat themselves.
What's really getting my attention is the SQZMOM_LB indicator. Those VIX spikes we're seeing aren't random noise - they're telling us a squeeze is brewing. When this pressure cooker blows, we could see rapid upside movement that'll catch the shorts off guard.
Speaking of shorts, they've shown their hand at the $60 VWAP level. Both daily and weekly charts confirm this sweet spot, and I'm seeing all the signs of a short sweep setting up. This is exactly the kind of technical confluence that precedes significant moves.
I'm anticipating MSTX to first reclaim the $100 level, with potential to test previous highs around $175-200. The short squeeze, when it triggers, could accelerate this movement significantly. Smart money will be watching these levels closely.
The key here is patience.
Let the technicals confirm what we're seeing. When that squeeze triggers - and it will - you'll want to be positioned ahead of the crowd.
Stay tuned for updates as this play develops.
Trade active
Perfect buying opportunity at $38.
Next possible low is if
BTC hits $85,000 we could see a $20-25 MSTX.
I am accumulating some shares every day.
Note
I'll add a note that MSTX has fallen out of the daily VWAP band. The weekly is not tight enough but it's well below the weekly VWAPs middle band.Note
Update 1/15/2025:
Daily Chart
Pay attention to the CM_Ult_MaCD. As mentioned in my initial post, it had bottomed out completely. We've drawn a green dot on the daily here and this indicates a momentum reversal.
This should be an exciting next few weeks.
Note
Oh, one more thing!
I forgot to mention that the daily stochastic is oversold (under 20) and is now trending back up, which indicates a potential accumulation phase is ending. There has been an agreement on the consolidated price, which I mentioned in an early post:
12/20/2024:
"The $60 VWAP level. Both daily and weekly charts confirm this sweet spot, and I'm seeing all the signs of a short sweep setting up. This is exactly the kind of technical confluence that precedes significant moves."
Note, that we are reapproaching this VERY significant VWAP level and we most likely will break through the $50 range into $60 fairly quickly. I might even predict this move could happen in less than a full market day.
12/30/2024::
"Perfect buying opportunity at $38.
Next possible low is if
BTC hits $85,000 we could see a $20-25 MSTX.
I am accumulating some shares every day."
Note, if you had consistently accumulated 1 share since 12/20/2024, you would be sitting at an average share price around $40-45.
1/15/2024:
Note, this is just the beginning. Please do not doubt yourself. This is quite literally an opportunity of a lifetime not too far distant into the future.
Cheers 🍻🥂
Related publications
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.
Related publications
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.