$AMC: Make Or Break
⭐AMC is in a huge falling wedge starting from 30$
⭐Breakout of the falling wedge give us a target of 30$ +
⭐17.5$ Support needs to hold with significant volume
⭐MFI strongly oversold (Bullish Divergence, icoming?)
⭐Volume is lower than before while price is dropping (Bullish)
⭐Vix Fix Indicator strong signal of a bottom
⭐Ichimoku Cloud is green, which could indicate that price is about to make a reversal
⭐Break below 17.3$ (Daily close below) = Bearish
⭐Ichimoku Cloud support 17.3$ needs to hold with significant volume
⭐50K Open interest at 60$ (When 34$ is broken AMC should start running)
⭐Break 20$ (23.5k Open Interest and gamma will start having a positive effect on the price of AMC)
⭐Breakout of the falling wedge give us a target of 30$ +
⭐17.5$ Support needs to hold with significant volume
⭐MFI strongly oversold (Bullish Divergence, icoming?)
⭐Volume is lower than before while price is dropping (Bullish)
⭐Vix Fix Indicator strong signal of a bottom
⭐Ichimoku Cloud is green, which could indicate that price is about to make a reversal
⭐Break below 17.3$ (Daily close below) = Bearish
⭐Ichimoku Cloud support 17.3$ needs to hold with significant volume
⭐50K Open interest at 60$ (When 34$ is broken AMC should start running)
⭐Break 20$ (23.5k Open Interest and gamma will start having a positive effect on the price of AMC)
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