About meI bought my first share of AMC August 2021. While HODLing I began to learn how to trade and the whole economic structure. This app and several people on other platform inspired and enlightened me to be the Trader I am today 🙌🏾
I made this a month ago. It was originally a fib speed resistance fan that I made with the ATH of 77$ and recent lows.
Then I put a fan box then removed the speed fan. Then put a speed fan on previous low at the date of previous ATH then match the fans left sided with the ATH of 77$. That have perfect accuracy
In my last post i mistakes the spy for the SPX. the reason I think we are still at uncertainty is because there seems to be a debate between the government and investors about what the rate hikes should be. With only one more FOMC meeting before fall. This is why it seems accurate to me. Especially if investors get surprised by the numbers in September.
Before, I brought up the head and shoulder on the RSI for the 1D candles. Today it’s at 65.05 on the RSI. With super bullish being considered 65+ and the head of the rsi is at 85. There’s still room for it to run before the head and shoulder is out of the picture. There is a lot of hype about the short interest that still could drive in more buyers. With more...
$DNUT has seen very good signs of strength from the support of the 20SMA. Also you’ll notice that the RSI Is holding above the 14SMA while it sits on top of the 50RSI. With this being a newer stock on the market and many years in business. We could see the company making expansive moves to catch the eyes of investors moving forward.
I see a lot of potential in...
The passed few days RDBX has been forming a head and shoulder on the RSI. But today the RSI rose above its last point but the price action stay below. With a higher RSI combined with the lower price action is usually bearish for future price action.
I made clones of the gan squares that I made from fitting a speed resistance fan from the set up of may/June and speculated $90 then down to January 2021 to $2. That I put a gann square in and cloned them. Side by side as if it were like a fractal or something. This held up to respect and if this charting is correct. This would have to be a jump off the gold...
AMC has been filling gaps and leaving behind multiple green candles in a row. The MACD on the 1D is getting some action and the 1D BOLL and IC has been broken through. What is next for breakouts of resistance would be the 1W of the Bollinger bands and Ichimoku Cloud. This and previous floors are to look out door in up coming price action.
We saw another break about day on AMC. With this momentum and technicals, it’s possible to see a move this week to the $35 floor. The 27-30$ area is in its way with not as much time spent there in price as we saw previous at 14-16 and 35-40.
On the 1Week Bitcoin resembles a possible head and shoulder. I made up a bars patters and for the time I did 1.5 years. Left shoulder and head 1 year * right shoulder 0.5 years *
We saw a head and shoulder recently but the weekly also has a good that’s possible even bigger.
This has the exact same concept as my last idea. Having ganns that span 30day, 60day, 90day, 180 day, 360, day periods. I did that because people probably have bets for those day in and around the ATH price action dates or ATL dates.