Luna is hitting its uptrend channel's bottom :) I think it will have a bit of bounce followed by a chopping session NOT FINANCIAL ADVICE
Luna looks a bit weak (which coin does not!?) There is a high chance of breaking down the 200MA average. If the retest of 200MA fails, we can drop down to the Fib level of the last run up. Trade carefully and with responsible stop-loss :)
!! Not a Financial Advice !! In the last post (linked below) I explained why it is important to regain the weekly uptrend. I have seen crazy numbers about AMC. The exchange reported short interest sits above 20% for the past days, the utilization is almost 100% (all the shares that can be used to short the fook out of AMC are already burrowed out) and the...
I am pretty sure that the drop is because of some short-sellers being smart and short the crap out of the stock minutes before the earnings announcement. let's see how it plays out :) 0 or 1 :)
If we push a bit more, we can get back on the weekly up-trend and that will bring more attention to the stonks. Congrats to all who surviving through rough times ;) You are the Chimp. To da moon!
!! Not a Financial Advice !! FTMUSDT The last published idea is still in play. Although we overshoot over the first leg of Elliott Wave, we are coming down and preparing for the third leg. I can imagine the CPI report by fed on 12 Jan will bring us down to the buy zone. There I will add more fuel to my rocket :) I think the CPI report will be nothing burger...
We closed Friday at the local support pf 14600 and went through it like a knife through butter down to the next major support at 14400. If we do not hold that there is a high chance we dive into 14000. A Pattern that keeps repeating is that we see green candles in premarket, fooling average Joe that the dip has ended, average Joe buys in, and in the second half...
If we don't bounce at the support we are FOOKED! I am personally in DEEP SH!T
From the looks of it, Cardano (ADA) is going for its next Wyckoff cycle.
We are at a decisive point....hitting the 200MA line...something that has not have happened for almost 2 years... I am sad about this :( the market is highly volatile and everyone should be cautious! I would gladly welcome a reversal to the high side as soon as possible!
!! Not a Financial Advice !! I am a simple trader if I see it holds the Weekly downtrend and rebounce from it I will go in for a little swing trade. I might fail miserably. Please note CPI report is today and things can get very volatile!
!! Not a Financial Advice !! Our beloved ape stock, AMC, is respecting the weekly up-trend so far. We are below all the moving averages and our only support at this point is the weekly up-trend. In the short term, I expect a bounce back to the 0.5 FIB level of the latest run. As usual, it is almost impossible to apply TA to a highly manipulated and shorted...
!! Not a Financial Advice !! DOT Finally break out of the trend. Waiting for a retest to add some to my bag. Hopefully, not just to be holding the bag :) This could also be a small swing trade. Do your own DD bros :)
!!! NFA !!! Hediges activated shorts again as we approached the 200MA on 24H. I would expect a slight decline to $26~$28 range, but we will continue to the upside in the coming weeks... Hedgies heavily rode on omicron variant to drive apes out, but apes have developed some wrinkles after all this foookery. #ApesTogetherStrong I am Long since January on AMC. For...
!! Not a Financial Advice !! I hate to say this, but to my limited understanding, TQQQ and QQQ might be long term bearish. I think we are going to form the right shoulder. I have long positions and I pray for dear lord of stonks that we can see $165+ again so I can pull out :)) FIB Extension also confirms this. What is your opinion? Please let me know in the...
!! Not a Financial Advice !! Today was a bit of relief as the market pulled up after Wednesday's bloodbath. TQQQ Has major support in the $140 area, local support of around $145. Strong resistance around $155 is between us and a sweet profit at 0.5 FIB level in the chart around $170.
!! NOT A FINANCIAL ADVICE !! AVAX, We are at the lower side of the current descending channel. There is a chance to move up-side and get rejected at the top of the channel. For a quick swing, a position from $90 to $100 might be worth trying. As long as we hold the overall bullish support things are looking good long-term. If we break below the support line...
!! Not a Financial Advice !! We are exactly on the weekly support. I hope for a bounce. The options market looks bloody. kind of hard to predict the short term. One thing is for sure, that the short sellers are really happy to ride the FUD and rely on fed minutes to drive paper hands out. Regardless, I am holding to my shares and my conviction for a better...