looks like we have more to this leg still. We might have seen the low on that wick down to sub $196. but It looks like the wave has more in it and the volume is bearish.
So our 52,700 target was hit and we are now at the next target of 54K. White energy is running out but the volume says we have buying and more to come from this wave.
Bullish on LTC/USD and have a target of $255
2nd most valuable car stock in America is at a bargain right now for under $45. hold this to a target of $60
Look how high the white energy is and the only times it gets that high we have moved 5,500-7,000 dollars each time! Also we are on target to hit the .618 fib at $52679. after that we shouild see an ABC and then i think another 12345 to a new high. the 2 big red volume candles we saw that never pushed price down is their classic move before a big run or a breakout....
Looking super bullish and everything says we are heading back to the golden Fib the .618 which also makes sense with the inverse Head and shoulders.
i lined up the white energy with the candlesticks so you can see the lack of energy on the last wave.
Took profit on my short this morning on the plunge to 47400 and jumped back in at 48650 short with 25X because there is huge clusters at 48685 going long and the order books on all exchanges were being spoofed at that level...so they have no intentions of letting it close above 48450 on the 1H. 46,400-600 is the next target. Stop loss is a close above 49K on the...
The 12 million loss is nothing to be concerned with. This stock should see new highs in this next coming quarter when we find out who their major Japanese auto manufacturer is revealed! Autonomous driving is a hot sector to have in your portfolio. I got some of this in my 2-5 year folio. I could see this stock going to the $4 range if we break the $6 price on the daily.
if we close above 46200 on the 1H or higher it will be a signal to go long but if we don't then we should be looking for a short entry as close to 46200 as possible.
Wave 4 looks like it will be shallow likely and then I'm expecting the next target to be 59,400-500
Unless we break 56K with a strong close on the 1 hour or higher I am staying short.
This wave is massive and the pressure is incredable so this looks like a game stop thing to me! I am sure that someone is driving this puppy and it wont stop anytime soon! the wave of volume is just starting so 50K in the next few hours and then a rest maybe and then another pump to 55K or maybe higher.
Looks like wave 2 is getting done and we are in for some exciting stuff this week!
Red line has massive resistance at 39K so I predicted a bounce from this zone 2 hours ago in my VIP room. Big money is being loaded and I dont think it is to drive price up. I have been watching that they want to drive the price down but had to go back up to hunt shorts.