ILuminosity

ILuminosity

Bullish divergence on the daily as of time of posting, however, macro bearish! Target is support, and RSI needs to get oversold on the Weekly. Once support is tested, ZOM can run again, or it can just reverse-split LOL.

ILuminosity

USA USA USA. Dollar 98-100!!! Chart trend will be very similar to the 2018-20 time period's price movement.

ILuminosity

This idea shows a minimized fractal that highlights a retest of the lower trendline. Chart pattern is generally repetitive on this chart.

ILuminosity

More room for downside. Support at $12. Could be a great trade entry! :)

ILuminosity

Preliminary DD shows that most insiders sold at the top. Gap Fill at $20.5 on the weekly chart. Could go lower due to poor management and sentiment.

ILuminosity

The bear case entails one last drop to regions of support. Downward move in BTC will result in this scenario for Shiba. Trend is your friend to the very end! Good Luck!

ILuminosity

Buy orders set $9.7-$10. Strong support! This goes down with the NASDAQ so PT is definitely possible!

ILuminosity

Rising interest rates = Overselling of Z ~$20 tested twice in history; Third time's a charm :)

ILuminosity

Support at $105. Support will hold because RSI is oversold & Zig Zag ABC correction is coming to an end. Easy outlook! Have hedges up to $100 in case of a wick. Good Luck!

ILuminosity

I truly see this playing out - WISH is in a zig-zag pattern (bearish). The 5th wave will end when we touch the bottom trendline. The timeline for this bearishness is 4-6 weeks with a target of $1.7-$2. Depending on the time it takes, the equivalent price on the trendline will be the bottom. We will then get an ABC recovery, following our historical WISH ABC...

ILuminosity

Elliot Wave - Expanded Flats - What do you think? I quote the following segment from: elliottwave-forecast.com "Guidelines • A corrective 3 waves move labeled as ABC • Subdivision of waves A and B is in 3 waves • Subdivision of wave C is in 5 waves impulse / diagonal • Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag,...

ILuminosity Updated 

Shiba's price action is similar to DOGE when it first started getting hyped. However, I do not believe the hype will last over the years. From an Elliot Wave POV, SHIB is currently in grand wave 4/5, and I believe there is room for one last pump. Grand wave 4 will probably be a flat consolidation over the days when the bottom is made. My wave count gets...

ILuminosity

Buy orders set for $7 and $5. Opening below current price = More likely Playing supports is key for a stock like this.

ILuminosity

The uptrend was broken when ascending triangle broke to the downside. If 100 EMA +SMA doesn't hold then expect 200 EMA to be next. Holding = retest. Good Luck

ILuminosity

When Support breaks it turns into future resistance. I see a chart trend forming in this stock. Who likes Sin waves?

ILuminosity

I'm not a fan of penny stocks so buy at support. Horizontal support line + Bullish trendline = Entry

ILuminosity

I'm not an investor in Wish. I merely trade the ride down. As the market is correcting, expect better deals soon. I will love to see WISH at $2, conforming to my ultimate ultra bear impulse count. If that were to happen, it would be near New Year's Eve, touching the trendline. WISH needs good PR ASAP for the bullish fractal to play. As per my last post, I got in...

ILuminosity

Water will be an important commodity in the future. WTER has a smaller market cap. Possible macro W pattern forming. Limit orders set for $1, $.9, and $.8.