With main confluence from MACD , Stochastics, RSI and MTF EMA's, I am expecting a run to 69.28. Momentum looks to be rising on the Daily, but if you look closer on January 26th we see divergence on the MACD indicator (Orange). While price reached a low at that time, MACD has been steadily rising. Price has been driven lower through this time but MACD has been...
Failure to deliver (FTD)~ When a trader of a security can not meet all of the obligations of the trade at the time of the sale. How FTD's are effecting AMC is done by Big money traders trading these FTD's between each other which continues to impose selling pressure. When a single stock is a FTD (NOT THE TICKER/COMPANY), there is a owner of that Security. When...
When it comes to CME's, common talk is price will re-trace to the gap at one point in time ( Can be sooner or later ). On this chart you'll see the various CME's in AMC but the most significant ones relative to recent price action are 2 CME's 51.55 - 51.69 (#2) 14 Cent Gap & 38.88 - 38.14 (#1) 74 Cent Gap (Empty box near MA's) Market open Monday should retrace us...
Excepting a breakout to 13.986. We are downtrending currently but I see this playing out 2 ways. First: Simple way, We continue the dip no lower than the current low we have for the green lined pattern and have a test at the P.T. OR Second (Likely): We see the bottom to the trend at around 12.747 and begin an ascending triangle pattern play out into the night...
This Chart has been a work in progress but let me tell you, the process has been great. Price has hit Pt's but now we begin to get close to the Squeeze. We have hit a very important line of Resistance (LoR). 52.06 was a LoR that I see started back in the symmetrical triangle that was prevalent when price wanted to touch the Upper or Lowe lines of the symmetrical...
We hit the first target guys! Onto our next pool of liquidity and then a retrace from 50900 to 50260. We are in a pattern right now and we are looking at higher numbers in the days to weeks ahead. Look at the chart from my First prediction post below. You'll see the type of movement and retracement zones, i'm talking about. Shorts will get hammered
Total shot in the dark... but not really;) Let's just see how this goes.
So yesterday we saw a close breakout on the Technical Analysis. Unfortunately did not play to plan. What I do believe though is that we could see a bounce off of the 41.98 resistance line OR the Neckline to the M pattern seen on Monday (Blue Dotted line). With the direction going lower, let's remember that we are more than likely re tracing to a previous...
Quick little update for this week. Wednesday morning should be good. In the case we don't go back down to the downside. We should see a re-test of 46.88 and a bounce to the upside off that. In the case we do go below the resistance (46.88) to the downside, The bottom to that trend should be in the range of 46.08 to 45.31. IF we drop below resistance, what I...
Short term price movement should give us a test at 46.79 and then a break out to 53.76. Then, Retrace + Consolidation to 52.12. Finally, we wait and see what the chart tells us what the following moves could be. Side Note: Still believing in the long term approach to my AMC Prediction. This post is a day to day break down on the 30 min.
Short term price movement should give us a test at 46.79 and then a break out to 53.76. Then, Retrace + Consolidation to 52.12. Finally, we wait and see what the chart tells us what the following moves could be. Side Note: Still believing in the long term approach to my AMC Prediction. This post is a day to day break down on the 30 min.
Keeping it short and simple. Called the 48.20 Top and based on the T.A. next hit is 56.95 and then a best case scenario retrace down to 52.07. After that were looking at a tap between 73-75.27 and retrace no lower than 57. My Prediction for the tap before flight is 117.65. The charts there, take a look. Happy trading and HODL at all cost's. Don't help the...
I found Fibonacci chart to be amongst the greatest to find new reversal opportunities, When I found out the had it run sideways I immediately jumped to the Bitcoin chart to see exactly where price MACD began to drop from the ATH and began to notice the change in the pressure of the market bearing the price down after the initial first pull upward, being the...
I believe that ADA is going to have a sell of at least 17%. Using the Fibonacci Retracement indicator I can see that it may break out of the Symmetrical triangle pattern bearish, possibly down near the .236 line on the smaller Fibonacci Indicator. The triangle pattern trend lines , look to be consistent with the top (1.4850) as well as the reversal/sell off from...
I believe that ADA is going to have a sell of at least 17%. Using the Fibonacci Retracement indicator I can see that it may break out of the Symmetrical triangle pattern. The triangle pattern trend lines, look to be consistent with the top (1.4850) as well as the reversal/sell off from the A.T.H. (seen with the green trend line). My plan as of right now is to sell...
I invested in $GME and Initially when I first heard it trended massively, My instant thought was to short the stock because of the obvious overvalue of the company. I went into the situation oblivious to what was actually the WSB's community moving in on the stock. After a lot of research I learned what was going on and gained a complete understanding of the...