Had to add this to my watch after noticing so many traders following it and looking for an entry. I am targeting this green zone for a reversal. Although the sell off has been quite harsh its really not surprising given the parabolic move. after the break from the longer term base. Price often falls back to the break out point due to the vacuum created when...
SHORT-TERM: heavily oversold, bounced off a major support with 1hr bullish divergence. Honestly, the target on this one is subjective, I just put it under a gap fill. (Not financial advice)
After a 500% run since the last “Go” flag mid October, price has come back from the highs near $60. The GoNoGo trend has reflected this with paler aqua bars. Price is now at levels where we saw a clustering of market activity in November and December. We will look to see if this level provides support. The GoNo Oscillator is currently riding the zero line and...
you can see the similarities on the candles i circled, this has clearly found a top in my opinion. we should dump even harder here before the next leg up. id be looking to enter in around 15 with a tight stop. but be careful ! ive seen lots of pump and dumpers surrounding this ticker on other websites. good luck :)
FUBO retraced about 42.35% from the previous swing high and is now finding support on the 21-ema. It touched the 21-ema yesterday and again today. It is now sitting on the .5 fib retracement and finding resistance on the 14-ema. Additionally, the stochastic RSI is starting to curl up, which is a sign of change in momentum.
This doesn't mean it couldn't go lower...
Elliot: Fubo is retracing and just had his first A leg of the major ABC down. Now it's time for a B leg with an ABC up before the leg occurs C-wave.
Ficonacci: The Long trade starts at the 50% of the Fib retrace what happen to be a minor support from a previous minor resistace in the uptrend.
Besides that it is gapping down and oversold in various of timeframes.
