After a big move up in late 2020 we have been cooling off for awhile, believe shorts are covered and whales have started accumulating again. I see lots of people shorting the 5-6$ range which is not all in the red. This is good for those that know what will happen. The pattern i see on the daily as shown but also the weekly is a falling wedge which is a bullish...
HERE ARE THE TREND LINES -BOUNCED OFF LAST RETRACE .786 -HOLDING THE .5 FIB VOL DECREASING WITH PRICE BULLISH
bouncing of the .618 upward channel Bullish engulfing LIKE IF YOU LIKE FOLLOW for alerts :)
Making this quick for scalpers enjoy if you got it:) title has my targets
LIKE IF YOU LIKE We got rejected at the heart line of this up trend. Depending on how strong the bulls are we could come down past my PURPLE resistance line and bounce of the .618 fib retracement. If we do break the purple line expect a trap (yellow)move that falls really quick and then rips to the upside. I have been seeing more trap move on smaller TF. Makes...
Look at my last analysis to see the same pattern. Looks to me we have broken out and are bouncing on strong supports.
starting to double bottom off the .5 fib and upward channel. :)
Looks like a bull flag. hit my trend line on point and nailed the short. Looking for longs, price could dip more and then rip up like it just did. This could also play out like the bottom 6 months ago where the price double bottoms or gets really close to it before having our next big pump. but it is coming...like if you like
Each bottom has 2 wicks followed by a bullish engulfing candle. This isnt 100% until it break up. -JUST A PREDICTION- -LIKE IF YOU LIKE-
we look to be in a rising wedge that is usually bearish imo the way this looks, these types of patterns fall hard once the support line (in yellow) is broken. wave coming down mfi coming down stoch is red with rsi coming down vwap confirmed below ======short tf f out of it and its all our gov and banks fault this country is slowly dying from corruption don take...