DIA/USDT printing Livermore"s accumulation cylinder 💥Hello tradingview army, I hope everyone is doing good and taking care of themselves 😇
Lets talk about DIA/USDT today, As you can see in the chart DIA is trading in broadening wedge which is nothing but Accumulation cylinder of legendary trader jesse livermore
Right now price is in a accumulation zone , if price go as a pattern we will able to see a massive parabolic rally in DIA/USDT.
Thats all from my side , thank you !!!
DIA
Disney on the dailyDisney is looking prime for a push back to highs with tailwinds of news flowing in. Park reopening's are a bright spot in the push back to a bit of pre-pandemic normalcy and looking optimistic with strong streaming numbers continuing to reinvent the mouse.
Technically we see Disney holding a macro uptrend even through recent market chop and a nice hold of the 50 SMA. Overhead resistance looks to begin near the 20 SMA and continue into the shaded zone where we have influx of volume creating areas of buyer side resistance. Today was a nice day to solidify a continuation to the upside, but as always overall market volatility can be a major factor in continuation of movement.
In Moes we got in 2 days ago.
Time for the mouse to give a little back from those outrageous ticket prices.
DIA 175% in profit ..what next ?DIA / USDT
i shared an idea here 28 jan i told about potenial double bottom and great chart...well the price respected Analysis and hit all targets giving us around 175% profit 🔥
You can see previous Analysis here :
Then what next ...
The grey area in my chart is the potential next accumulation before next leg up
I don't say buy blindly we should see retest here and some consolidation and Bullish signs before re-entry With a smaller position if that happens... i think we can see new bullish wave here to price discovery mode
Keep your eye on it
Good luck 🍀