Nuke it.
The share buyback is going to stop this thing from tanking.
Inverted cup and hand. Piss poor macro conditions. Below all moving averages and all indicators headed the wrong direction. Take profit at $1,900 stop loss $2,600.
Break out of a bull flag.
MACD flipping positive.
RSI go baby go.
Taking profits at $260 and $300.
Will ride the rest all the way because I believe this one is going to see institutional buying power and is still around 10% of the market cap of Ethereum.
Stop loss sale at $190
Recent hard bounce off the 200.
Breaking out of the current triangle we have been in.
RSI looks good.
MACD rolling over positive.
Sell pressure has dried up.
Take profits at $3 and cash out by 3.25.
Stop loss at 1.85 ish
NFA
This is my first post and I am new to TA so go easy but looking for some feedback. To me this looks like a juicy short on Amazon but who TF shorts Amazon lol. This is the weekly and I see a head and shoulders forming. Also, bearish divergence on the MACD and RSI. Already surrendered the 2.618 level twice. Top of the head to the neck line is approx 16%.
