MDX - Prepare for a massive breakout! + Huge parallel channel

2022年8月12日

• 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.
  
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