AMC broke the bullish channel limit toward down. So far, the 50 percent Fib retracement is holding as support, if broken, It will see the 61.8% fib retracement as a stronger support.
passing 10.40 will officially end the bullish channel and it will start a short or longterm bearish channel probably down to either 8.5 or 9.8
Huge Triangle is forming in AMC. If it doesn't fail, the next target is $30
bitcoin reached 2.16 of fib retracement, in order to pass 10k, it needs to pass this level
Bitcoin is establishing bullish triangle. ichimoko still suggesting long, RSI in the average. so all in all, I predict it go to about 9200 but as there is a big resistance around 9200, it will bounce back to low 8k or even lower.
apparently the head and shoulder pattern is complete. what will be the next move?
if it pumps back to 7000 and above, we might be able to consider elliot wave
As you see, the symmetrical triangle or in better words, pennant is shaped. RSI is also relatively low. so the chance of pumping is high which can happen as early as today or as late as Tuesday April 14
based on bollinger band and as it hits the max in the band, it will probably go sideway at around this price for a day or so and then build up momentum to jump to higher prices
it will probably go down to 6400 but then jump to 7000 in early next week