Green resistance line (validated 3 touch) formed since Dec 2021 - 1.2x more selling volume than buying around 43k, enabling longer tails. Could bounce to meet support around 42.2k or could break out, makes sense when looking at the 1h MACD and MA RSI, have to watch volume and see. If it breaks out of this, its go time baby.
LFTY has seen a downtrend range since March 21', and keeps making lower lower and lower highs. Chart may look a little messy with the VPA, but here are the notable things about this pattern:
-Both support and resistance have had 2 high touches, with the 2nd touch nearing the resistance (support has had 3 touches)
-The ellipse shows a Head/Shoulder formation, with...
Possible Bullish pennant forming on the SPY 1HR, based on the following:
-3 touches on resistance from Nov. 4th
-3 touches on support from Oct. 25th
-Higher lows, lower highs, forcing the price into a corner
The yellow lines are hotspots in VP, the first one indicating a possible convergence between it and the support of around $466. Alerts on both support and...
