If the ES does not go into another round of full blown volatility then I believe we are looking at a target of that SR line.
AMC has been very good to institutional traders and those who know how to identify when "big money" get's involved. If you're holding $60.00 bags and looking for a chart to back up your "hopes and prayers"... then you've come to the wrong place. If you were "gun shy" and didn't ride these SR waves because you thought that this volatile stonk didn't follow...
Run up to T1 looking probable now that HIG has broken out of minor pullback and sustained new support. Closing over pivot will give us high probability to reach T1 and give us a free trade to ride to potential T2.
We have two large channels of support and resistance that will likely keep us sideways for the next week. Breaking the first pivot low will build a strong case for 35k.
After breaking out of SR channel GPS looks to test pivot. A break out can get us to T1 and beyond if we can break through the cloud.
AMC was finally able to break out of heavy resistance 20 days ago and continue to hold that as support. Last week it finally turned support back into potential resistance. The downside to 29 is looking on the higher side of probability while there is still a small chance that it could break 2 levels of resistance and we could be looking at the 60.00 target...
BTC had the chance to test old ATH but took our weak support and turned it into heavy resistance. This was triggered with a failed draw down. To get to the upside we have two obstacles. 1. Needs to break first line and 2. needs to pivot. Highly unlikely! The most probable outcome is that we come to test 35k again and consolidate into a new bull trend.
Diginex Ltd. is a digital assets financial services company that focuses on delivering a cryptocurrency and digital assets ecosystem. The company encompasses cryptocurrency exchange EQUOS.io as well as an over-the-counter trading platform. It also offers Diginex Access, a front-to-back integrated trading platform; Diginex Capital, a securitization advisory...
A final rejection at the .382 will present a high probability of AMC dropping to the next fib. Price target is 26.00
Testing a basic idea from past events. I believe we are on the verge of a cloud flip into a very bullish push.
AMC cannot seem to break the 62.00 resistance and volume is getting weaker. Good chance that we see a dip by the end of the week. Take profits and look for another entry around support.
It could possible over by EOW Lets keep an eye on that fat red line. Death Cross!
Company plans to wipe out 4 billion in debt by end of year. Late covid comback.
Timber
Target 6.00 by EOW
Death cross will flip on the coming weeks as BTC corrects to 40k
It was a great run, take profits and buy puts. Get ready for the 40k btc correction!