Get started

Squeeze

ETH SQUEEZE !After todays BTC sell off returning us to the range of the previous ATH , many alts have started to warm up and show volatility ! ETH was first of the major alts to start running having a 10% gain during mid-day (utc) while now sitting at -0.5% near the end of the day (utc)! While many alts look set to rocket , eth dosent join that list for me . It had a 20-50 ema cross and now the 20 ema slopes down to attack the 200ema . Potentially price will look to get stuck between these two points until BTC gathers steam or manages to consolidate for a long enough period of time ! Ill continue to monitor ETH on a higher time frame due to its extremely bullish outlook however for the next few days i struggle to see any new ETH ATH's . -Oliver :)
by ollie_oz
$GME: "Weaponized Commodity Markets" Could Mean Another SqueezeAs crude oil sits in a very vulnerable position, Putin has come out declaring it could head to $100 and while China contemplates the scale of a potential Evergrande bailout, there's a serious potential risk here that the inflation trade will continue thus leading to another squeeze out of GME which has been an efficient barometer for inflation since it's grand squeeze in January. However, it isn't just the movement of liquidity that could benefit the prospects of GME. If sky-high gas prices are here to stay, another stay-at-home windfall could push GME back into the 200 pivot or even beyond as reopening vacation plans get shelved.
NYSE:GME
by Fox_Technicals
1
ADAUSD Breaks Pattern and SupportImportant things to note: BTC is pushing forward with the exception of taking liquidity here and there. ALT pairs are getting wrecked. It has yet to pullback but I believe it is coming. ADA has broken the flagging pattern which is not good. Bull Flags are quite reliable, this signals more pain to come. The newest support 2.15 was broken. The next support is 2.03 The last would be the diagonal trendline. I mentioned the vol squeeze I saw could go either way but likely bullish to due to the patterns. However, now we have a broken pattern. ALTs will bleed. Keep cash on hand and stay liquid right now. ADA will fair better than most alts. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. So I talked a bit yesterday about the ALTBTC pairs not looking good. Well they are getting wrecked today. This is due to liquidity flowing from alts to BTC like it normally does. In the past when we have seen this, the move was dramatic, and produced lows of 60%. I do not believe this is going to be the case this time, especially for ADA. I mentioned previously that the squeeze we saw could go either way but bullish was likely, however now we have a broken pattern, so expect the downside. There was pressure, but no one can determine if it is upside pressure or downside pressure until a pattern breaks or a move to a price target begins. I had a feeling this might happen so I told everyone to set alerts on the trendlines and supports (I hope you did). The flag broke and now we have a break on the newest support. Stay liquid and keep cash in hand. This will likely produce good buying opportunities at support. If we lose 2.03 the last support would be the diagonal trendline. Whatever might happen, do not worry too much, I believe this will be short lived. Do not get spooked. Again, I believe the alt pump will happen sooner than most people believe. BTC will continue to move upwards taking a small amount of liquidity here and there. Again, I believe the altpump will occur after the BTC ATH and the following pullback occurs. Anyways, I will continue to watch ADA and update you all accordingly. Thanks again everyone, and try to relax, you will be fine. I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSD
by mysticalwalrus
72
$APRE next small cap pop!!!! From a technical standpoint we are looking pretty strong as we closed about the 9-day AND the 26-day moving average with high buying pressure whicks which is interesting Now from a company perspective standpoint we are most likely to first get approval on, this would be like the most expensive drug I have EVER heard of! In other words MEGA MEGA profit potential for APRE. So basically this would make more money per patient than any other drug in the ENTIRE cancer industry.
NASDAQ:APRELong
by Ubaidy100
ADAUSD TARGET REACHED! Cup and HandleImportant things to note: We got a great short squeeze from BTC creating upward momentum. ADA has broken through first resistance. My price target was touched perfectly before moving upward. A strong basing pattern (cup) was formed. If a handle forms next major of 2.52. I have charted my minor price target. Resistance levels are the same. Support is noted on the chart. So, do you think we are in a bullish trend now? Well, from the sound of all the salty bears, you can guarantee we are! My long on BTC paid off well! BTC has squeezed the short set to exp today creating upward pressure which is what we see now. ADA on the other hand, smashed through resistance and touched my price target perfectly. Now we have had a strong basing pattern form (a cup), and I would like to see an handle form creating a major target of 2.52. I also have a smaller minor target on the chart (if we do not get the cup and handle). The resistance levels are noted, but like I said before, I am not worried, I am just sitting back at the moment charting price target. Also, shoutout to my follower that called the 2.06 retracement! Great job. And shoutout to my other follower that mentioned crypto being influenced by the price action of the dollar. 100% Agree, great job! That feels pretty good! The momentum will increase the more low level resistance levels are broken. I hope you are all ready for the ride because these next few months are going to be insane in terms of price gains. hope to see many happy people these next few months! I will continue to watch ADA and update you all accordingly. I will be putting out my ADA summit recap post this weekend! Stay tuned and thanks again for all of the support! I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
30