So yeah that 13% drop was kinda rough and although I'm not worried about it as the market is still to grow I don't wanna be stuck on a long sideways trend when I could be finding other rockets. So here is a better idea of what's going on right now. My main point is watch if this thing bounces off the SMMA and the volatility will swing into buyers favors.
I thought I would summarize the information I gathered on the AKT Market. Looking like another very clear trendline bounce with the current doji placement on the 1 day chart, as well as the heavy hard red SMMA Bounce and uptrending then going back to a Yellow line bounce.
I thought I would once again share another idea since my last post was very informal and un-summarized as well as took down due to lack of descriptive chart.. lol... so in hopes this one does not get took down I have put allot of detail into it for you all. I don't believe I left out a single detail of my analysis so I doubt I will have much update talk. Best of...
Previous Doji reversal didn't do much to the resistance now the second low Doji took off with momentum. I see extreme momentum to reach a 30-40%. This is not financial advise only technical analyst details.
No need to explain if you have experience in trading
After researching the current bull phase market I have calculated my expectations on the bull run between (Wen 6th -> Wen 13th). No signs of fallout in sight at these targets. Market is still expecting huge increases with no signs of stopping with the current Volume State. RSI is flipping for another Bull Run at current Dip. Not Investment advise trade at your own risk.