mpd

mpd

In my view we're still in a bullish cycle but in the short term bearish trend is not over so current retracement will stop @101k target where bearish shor term trend will restart to test 65k before massive bullish reverse to new ATH @137k where bull cycle will finish and a long term bear cycle will start.

mpd

In my long term chart BTC is performing 4th correction wave of a 1-2-3-4-5 bullish elliot pattern targeting 135k in autumn. From 135k I expect a sharp correction to 34k target in 2026 then the bullish trend can resume to final target 171k . Currently I see a retest of 101k then a correction to 67k area before resuing main bullish trend to target 135k area.

mpd

In my view BTC is performing 3rd wave of a 1-2-3-4-5 bullish elliot pattern targeting 100-101k area. From there I expect an A-B-C correction to test 67-68k area (2021 peak) before resuming bullish trend to final tp 137k.

mpd

In this chart I show my SPX long term view from covid recovery to about 2030. SPX is moving in a big rising wedge, I think that on the long term prospective we're still in the 3rd bullish wave targeting 6440 area. From there I see a retracement (4th wave) to 4800 area before last bullish 5th wave to 7400 area. From 7440 I see a sharp bearish retracement , the...

mpd Updated 

In my updated view we can see a retest o 5995-6000 area before dump to 3340 where last bullish leg will start to new ATH @6444

mpd Updated 

IN my view SPX could retest 5900-5910 area before new bearish leg to 5230 area where last bullish wave will start to final tp 6444

mpd

BTC could retest 101k area before dumping to 67-68k area in May. I see a retest of 2021 peak that could become a support to the last bullish leg to a new ATH @ 137k

mpd

In my view in the first days of 2025 we'll se a new ATH @ 6144 then a correction to 5651 area before last bullish wave to 6430 that will close the SPX bullish cycle started in 2020. In 2025 a massive market crash will dump SPX to 3400 area

mpd

In my view Avalanche will grow targeting 0.382 fibonacci retracement level from ATH to ATL

mpd

In my view SPX will reverse @6068 area to target 5650 area where bullish trend will restart to new ATH @6222 where I expect massive crash in 2025 to 4900 at least , in extension we could test 3600 area

mpd

In my view after a rebound to test 0.382 fibonacci level @5958 SPX will fall to test 5677 area then last bullish leg to 6222 in feb 2025 before massive crash

mpd

As explained in the previous post I expect BTC hit 35k area before 100k so I remain bearish about BTC tp1 61k area then after a rebound to 72-75k I expect a bearish leg to 35 k , stoploss above the channel upper trendline

mpd Updated 

BTC is moving in a rising wedge, everybody expect 100k target soon but in my view current bullish move from 15k area represents only wave #1 of a long term bullish move and could stop at around 83k area where a massive bearish move colud lead price to lower chennel trendline @ around 30k before restarting bullish trend to target 150k

mpd

SPX is targeting 5978 1.4 fiboncci level I expect about 450pts correction to 0.786 fibonacci level before bullish trend restarts to target 6260 area in 2025

mpd

BTC is moving in a rising wedge , if broken it could test 60k area before resuming the bullish trend to target 93k in march 2025

mpd

While DOGE daily candle is still ultra bullish in my chart appears a likely cup and handle pattern so we could expect a strong retraacement to 0.11-0.13 area before resuming bullish trend targeting .027 (minimum target) 0.36 (max target)

mpd Updated 

In my view SPX is now forming the head of an inverse head and shoulder pattern targeting 5990 in mid november

mpd

I expect a retest of ATH maybe a new ATH @ 74,2k before crashing to 55-58k area then bullish trend will restart to test 89-90k area in 2025