NYSE:AMC clear distribution playing out. Question is if it can hold the monthly key level (red) l. If not, watch out it may go all the way down to 12.90. Need to break green down trend for a sign of accumulation. But also, if it breaks back into the daily and 4hr, it can be a sign of reversal but it needs to hold that 4 hr level. Shout out CottonCandyTA, I'm...
⭐Bullish Descending Pattern for over 9 months (Target of this pattern is 72$) ⭐Bottom trendline support bounced the price 4 times with significant volume (Previous1400% gain, strong level of resistance) ⭐Strong bottoming signals on the MFI (Last time this happened a 1400% move occurred ⭐14.8$ Support confirmed by VPVR node + 7.86 Fib + Trendline + Volume ⭐A break...
⭐4H chart huge falling wedge ⭐Target of the falling wedge is 34$ ⭐7.86 Fib level mounted as support (17.5-17.3$) ⭐20$ Resistance confirmed by EMA Ribbons and large VPVR node on the daily chart + 4h ⭐4H MFI bullish divergence, primed for a large bounce ⭐Strong bottoming signals on the daily chart, TD-Sequential red 9 + Vix Fix indicator. We barely wicked below the...
⭐AMC is in a huge falling wedge starting from 30$ ⭐Breakout of the falling wedge give us a target of 30$ + ⭐17.5$ Support needs to hold with significant volume ⭐MFI strongly oversold (Bullish Divergence, icoming?) ⭐Volume is lower than before while price is dropping (Bullish) ⭐Vix Fix Indicator strong signal of a bottom ⭐Ichimoku Cloud is green, which could...
we got rejected at 33.80$ where we got shorted by short sellers , now we have a last line of support to confirm the reversal which is above the 17.77$, if we hold we going to see an accumulation phase to test the first resistant around the 20.80$.
⭐20$ Support must be held (Ema Ribbon support), previously this level was a huge level of resistance causing a 3 month consolidation. 20$ is also a large VPVR node that needs to be respected for bullish continuation. 20.9$ is the 7.86 Fib which is a good long term retracement zone. ⭐TD-Sequential red 9 which often indicates a bottom ⭐Looks like the MFI is...
⭐Broken out of 9 month falling wedge with a 6 month engulfing volume ⭐Broken out of monthly Ichimoku Cloud resistance ⭐Broken out of EMA Ribbon resistance at 20.8$ ⭐Vix Fix indicator shows for the first time in 13 months a strong signal of a bottom *WARNING* This thread is not financial advice. I am not a financial advisor. Thank you for reading.
⭐Bottomed out and closed above the Ichimoku Cloud (22.7$) and we succesfully mounted the long term retracement zone (.786 Fib) ⭐Short term resistance levels, 23.5$ (Ema Ribbon) 24.4$ (EMA Ribbon) ⭐Watch for a break of the 0.5 Fib (25$) with good volume ⭐1H chart bullish divergence on the MFI ⭐Vix Fix bottom signals on 1h confirmed with buying pressure ⭐1H falling...
AMC Short Term - We look to Buy at 21.31 (stop at 17.60) Preferred trade is to buy on dips. 50 1day EMA is at 20.00. We have a 61.8% Fibonacci pullback level of 21.09 from 12.90 to 34.41. Trading volume is increasing. Previous resistance, now becomes support at 21.00. Our profit targets will be 34.41 and 43.15 Resistance: 30.00 / 35.00 / 40.00 Support:...
A huge rounded bottom has been spotted on AMC. ⭐Neckline Resistance (30$) The 30$ level is a huge level when it comes to options. 33.5k Volume and 21k Open Interest. ⭐Short term rejection (25.35-26.5$) 7.86 Fib (25.35$) ⭐This rounded bottom pattern is valid due to its touchpoints being supported by large buying-volume. ⭐Once 30$ Is broken we face resistance...
AMC broke out of a large bull flag. The price target of this pattern is 72$. We have also broken out of the Ichimoku Cloud which is a sign of strength. This movement is confirmed by engulfing volume. We have mounted the 20$ level with significant volume (.786 Fib) It is also a large VPVR node making it strong support. We also mounted the .618 Fib at 25.7$...
we started our squeeze the moment we broke from our ascending line on the 22th of march at 17.77$, yesterday we tested our resistant at 25.50$, and we got rejected with 2h candle, then over come it, now it's out support the 25.50$ , we need to hold above it to confirm the bullish conniption till the 33.87$. the 20.80$ should be the last support or bottom for us...
Looking for wedge breakout that has been forming since early June 2021. Impulse move coming near you. Has retested both sides of that wedge multiple times. Now looking of a breakout. Could go $100+... Not financial advice!
we had a breakout yesterday from our descending line , and closed above it , now to confirm the bullish continuation to the 25.50$ level, we need to hold above our current support which is the 17.77$, and the first test will be around the 20.80$, which we already test it in the premarket . a bonus in TradingView coins (up to 30$) tiny.one
AMC has been trading under a deschending pattern for almost a year. This pattern has sent AMC to the largest VPVR node at 14$. AMC has not managed to close a daily candle below 14$. This is a good sign due to the significance of this large VPVR node. The 14$ level is the largest zone of liquidity that needs to be respected for the bullish continuation of AMC. If...
It was a long time ago AMC closed a daily candle above 20-21$. This level is significant because it is currently holding us in a downtrend. The last 2 trading-weeks we have formed a double at the 21$ level which has caused a retracement to the largest VPVR node 14.90$. This level bounced the price once again and support was held. We have successfully broken the...
The market has been wild for the past couple of months. The economy is looking really bad which has caused the S&P 500 + other indices to retrace. This has brought selling-pressure to AMC causing it to trade in a large downtrend. Finally this downtrend has been broken. We made a quick push to get rejected by the 21$ level. This is a significant level for AMC due...
Nothing has changed, Im still bullish on AMC. We got rejected of major resistance at 19.90 if we can break that and not come down then it will get interesting. 19.90 was tested over 1 year ago when we had our first squeeze.