Partisia- Good buying opportunity at these pricesLike the entire crypto market, KUCOIN:MPCUSDT didn't remain indifferent to geopolitical tensions and dropped, reaching a low of 0.2.
However, the coin quickly rebounded and is now trading above the support level of 0.3 again.
In my opinion, this decline is not a lasting one but rather an emotional one, and the current prices are very attractive for buying.
In conclusion, I will once again add to my Partisia bag, with my target remaining unchanged at $1 per coin.
Also, short-term traders could see a good buying opportunity with the target at 0.45, representing a quick 50% gain
Partisia
MPCUSDT Cup and Handle formed! Strong BUY!!The MPCUSDT, Partisia Blockchain's token, eventually formed the Cup and Handle (C&H) pattern on the 4H time-frame that we described on our last analysis and today hit the 4H MA50 (blue trend-line) again for the first time in almost a week. Notice how the 4H MA100 (green trend-line) has been supporting the Handle ever since it emerged.
This created MPC's first 4H MA50/100 Bullish Cross and what's left to confirm a new rise is for the 4H MACD to form its first ever Bullish Cross above the 0.000 level. What is also interesting and we certainly want to see it materializing for the long-term, is for Partisia to close the current 1W candle in gains. A green 1W candle this week would be the 2nd one in a row. That would create the necessary conditions for a sustainable bullish reversal towards Resistance levels 1,2 and 3.
From a fundamental perspective, there is a lot of movement and news: the Parti Wallet (MPC Wallet Chrome Extension), partnership with TPC Ventures and many more that you can catch up on their Twitter updates.
Overall out short-term targets of 0.5750 and 0.6900 are intact. Long-term, the sky is the limit.
Stay tuned, this Gem is really an exciting one! We couldn't be more thrilled with its long-term potential!
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MPC - Bulls Already In Control 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 According to our latest analysis, M PC rejected the $0.3 round number and subsequently broke above the last major high in red. Therefore, the bulls have already taken over.
📉 MPC is currently in a correction phase, retesting the red structure.
🎯 For the bulls to regain control and initiate the next upward impulse movement, leading to a continuation towards the $0.525 resistance, a break above the last minor high in orange at $0.42 is required.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MPCUSDT Don't miss this Cup & Handle BUY opportunity!The MPCUSDT, Partisia Blockchain's token, has started to make a bullish reversal as it held its 4H MA50 (blue trend-line) as Support and started today its strongest 1 day rally since its first trading day.
The pattern that appears to have prevailed is a Cup & Handle (C&H), which technically leads massive bullish reversals on market bottoms. Even though 4H is a rather short-term time-frame, we can expect a similar behaviour. Our Targets remain 0.5750 and 0.6900, exactly on the Resistance 2 and 3 levels respectively. Technically it can even go as high as the 3.0 Fibonacci extension, before the next short-term pull-back.
Overall we are very bullish on MPC, a great token on a project with very promising potential. It is worth being a long-term holder as the fundamentals are one of the most solid we have seen on caps of this size.
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MPC - Shift In Momentum In Action 📉📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 MPC has been overall bearish trading within the falling channel in red.
📦 Currently, MPC is hovering within an Accumulation Phase between $0.3 round number and $0.36 major high.
📈 For the MarkUp phase to start, shifting the momentum from bearish to bullish, a break above the last major high in red at $0.36 is needed.
🎯 In such a scenario, a movement towards the $0.525 resistance would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MPCUSDT Strong BUY on this RSI Bullish Divergence!Partisia Blockchain's capped-supply native token, the MPCUSDT, has attracted significant attention lately and since its listing last week, it has already started to develop key technical patterns that offer strong trading opportunities, while at the same time expanding fundamentally.
** Technical Analysis **
MPC has been trading within a Channel Down pattern since March 20 with the 1H MA50 (blue trend-line) - 1H MA100 (green trend-line) range as its Resistance Zone. Technically we would expect this trend to continue but the 1H RSI has formed Higher Lows while the price is on Lower Lows, which is an underlying Bullish Divergence.
As a result, we expect the price to break above the Channel Down soon and target initially the 2.0 Fibonacci extension at 0.5750. The absolute confirmation signal would be a candle closing above the 1H MA100, which gave the last two significant rejections.
Beyond that, if the price breaks above Resistance 1 (0.5915), we will buy again and target a continuation on Resistance 2 (0.6900).
** Fundamental Analysis **
The token's exciting future isn't limited to just the technical part. Partisia Blockchain’s most significant contribution to blockchain technology is secure multiparty computation (MPC). MPC protects data not only when it’s stored or communicated but even when it is processed. This security allows individuals and organizations to control their private data while allowing others to use it for specific purposes.
Since last week, we are getting very important announcements and developments from the team in Partisia's attempts to reshape Web3 with MPC technology and se new standards for blockchain security. Key partnerships, incredible milestones, competitions and listings on multiple exchanges gives us extra reasons to be so bullish on this true gem!
We are buying it now that it is still early!
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MPC - Wait For The Bulls 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📦 After finding support around the $0.5 round number, MPC has been hovering within a narrow range.
📈 As long as the $0.5 support holds, we anticipate a movement towards the upper bound of the range at $0.7 , which would also be a strong supply zone.
🏹 For the bulls to confirm medium-term control, a break above the red trendline is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MPCUSDT Is Partisia Blockchain the next security crypto gem?Partisia Blockchain's (a Web3 public blockchain built for trust, transparency, privacy and sub-second finalization time) listed its MPCUSDT token on multiple exchanges since yesterday. The buzz around it is strong so we took a look at its price action and discovered a potential crypto gem behind it.
** Technical Analysis **
The best time to buy such a token is at the very beginning. And what better pattern to utilize than an Inverse Head and Shoulders (IH&S) right from the very start.
As you can see, the price just broke above the initial Lower Highs trend-line, which is about to test it as Support, and we can see a Channel Up already emerging (dotted lines). What better formation to accompany that, than a Bullish Cross between the MA50 (blue trend-line) and MA100 (green trend-line).
As long as the RSI holds its Higher Lows trend-line), this is a buy opportunity. In standard technical IH&S fashion, the pattern targets the 2.0 Fibonacci extension from the Head, which is exactly at 0.7500. That would be +80% from the bottom and +40% from the current level, indeed excellent for short-term profit.
** Fundamental Analysis **
But MPCUSDT isn't just here for the short-term. We view this as a long-term project that has the capacity to reach the leaders of the industry.
The MPC token derives its name and fundamental principles from multiparty computation technology, a technology that maintains data encryption across all states, ensuring the protection of underlying information and enhancing user control over their data. At its core, the MPC token functions as the cornerstone of the Partisia Blockchain’s security mechanism. The token is staked to all nodes within the network, ensuring the ecosystem's integrity and reliability.
Some key points on MPC:
- It ensures transparent elections by safeguarding voter data through privacy-preserving on-chain voting. It enables pattern recognition and analysis on secret-shared data, particularly suited for large datasets requiring privacy. This fusion drives unprecedented growth in privacy-preserving AI models, crucial for collaborative machine learning without revealing individual datasets. MPC guarantees secure computations at the edge, essential for IoT security.
- In DeFi , MPC addresses financial inclusion and scalability challenges, emphasizing compliance and interoperability. Partisia Blockchain’s quantum-resistant MPC solutions safeguard data against quantum threats, potentially integrating into quantum technologies. MPC shapes decentralized identity solutions, granting individuals control over their digital identities.
- In healthcare , MPC facilitates secure collaborative research, expediting breakthrough treatments while safeguarding patient privacy.
As the crypto market continues to navigate the complexities of privacy, the integration of Partisia Blockchain into major trading platforms marks a significant moment for the community. It serves as an acknowledgment for projects that are innovative and tackle today's challenges in the fields of privacy and security.
The interest on privacy-focused cryptocurrencies has only just begun and the listing of the MPC token serves as a strong reminder and this is a great opportunity for long term investors looking for crypto gems to position themselves early. We are as bullish as it can get on MPC!
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