buy order filled, please put tight stop loss, lets get it fam
We have been ranging close to 2 months now, broke down of the ascending triangle, now formed a descending channel in the range with 3 support levels, S1 being the major support and bottom of the range, we are also oversold on the daily and the weekly time frame!
Added to my watchlist, has some interesting random spikes, someone wants to pump this hard imo.
Stochastic is basically oversold on low mid and high timeframes, we have formed a very strong support level, the Bollinger Bands are getting really tight,I am expecting a massive breakout soon
If the diamond patterns plays out, there is your potential target :)
penetrating that diagonal resistance, thoughts are still the same, since previous post.
Oversold most TF descending channel, looks like we have had close to 19 days worth of accumulation within the channel, watching this to see if we can break out, would enter on confirmation, if rejected, feel free to take a position bottom of the channel with a nice SL
Potential Inverse Head And Shoulders, targeting around $480
I would put limit orders around S2 and S1, Sushi has potentially bottomed, sell into resistance levels. Bullish after R1 flip
Would like to flip resistance into support
zooming on the 4h TF, we are potentially forming a ascending triangle, would love to break out of it which could trigger a break out of this range finally!
Declining volume and ascending channel can break out, if it does not you can see the support levels for entries and sell into resistance levels.
Perfect example of a Dollar Cost Averaging, nice setup here, falling wedge broken out, I would DCA to buy on the retest and support level and DCA to sell into the resistance levels.
zig zag perspective, we are still in this range, honestly when we get out of this range I think I am going to pop a bottle or something Bottle with popping cork please note we are getting very oversold on the weekly timeframe!
readjusted my diagonal white dashed trendline, as you can see we got rejected on resistance, BUT retested the ascending triangle nicely, looking to reclaim that support level now!
bounced nice, I would like for us to get above the 55 EMA and the trendline where I have labeled the box