We are on 3 consecutive weekly gap ups, which is an exhaustion pattern, accompanied by being far outside the weekly Upper Bollinger Band. Daily RSI in the mid 90s and 4hr also in the 90s. This thing is going to waterfall hard. Not a short recommendation unless experienced, but definitely a time to take some off the table and have a very tight stop
$AMC has been in a downtrend pattern for the last 3 months. Red box is resistance, Green box is support. Downward sloping trend line is about to intersect with a staunch and critical support area. A capitulatory move one way or the other is imminent.
Now are at prior days POC,
if price now continues higher my first target is the 64 POC level from wednesday and then above 70 the 94 level.
Its insane make sure to place a break even stop.
Both my option and stock trades are deep in profit but any day there will be a new opportunity for LONG and SHORT trades.
Entering LONG above a blue PIN BAR and flat or SHORT...
the crypto market as a whole is looking more bullish these last 3 days, we have even got crypto related news on UK tv which has not happened in a long time.
Hopefully CKB can get the volume and push out of this triangle pattern...
If not there could be a great buy opportunity as labeled on the chart.
happy trading!!
CKB has had a lovely test and a push upwards, im woried about tommrow and bitcoin famously losing 10% by the morning...
BUT if it does not CKB could re-test the buy zone lower trend line and have a massive push to the moon.
If GRT/USDT can close the hourly above the moon barrier i can see massive gains of upto 60% as long as bitcoin plays nice...
it is trying to break out as i upload this so fingers crossed.
if it cannot break out i can see consolidation for a day or 2 around the upper support level, potentialy another retest of the legacy trend line, this would be a great buy opportuinity.
This little sucker is looking so bullish its crazy!! check out its previous trends!
potentially a great buy opportunity for some massive short term gains...
FLM has been doing very well lately, will we get a continue of this up trend or does the short term trend suggest a break out to greater price discovery?? who knows but lets find out!!
Would love to hear people comments on this one!
happy trading!!
- This chart took me for surprise.
- I see healthy accumulation happening.
- This is where I believe "smart money" is buying.
- RVN needs big volume in order to happen.
- As far as a use case. I see RVN being a pump and dump.
- I see a bottom that has formed.
Goal: 4-5x
