More people need to be seeing this. Damn near perfect pattern, on top of fundamentals to back up the pattern. Going very long on this.
I’m a bit shocked I haven’t seen this being talked about more
As stated in the title, the consolidation wave ABC has turned into an impulse 12345, with 5 looking to return towards supply. This could lead to a breakout, at the minimum a return to recent highs and bullish sentiment.
Roku has been in a rough bear market for the past 3 months, however as we can see there was a quick breakout of the yellow line and now retest after touching the red. We could see it continue down through the support and further down (supported by the massive weekly double top from months ago) past that, or a bounce off the yellow line and breakout above to...
As the pattern has played out perfectly over the pat couple days I believe we will see a finishing move towards .00012, in order to fulfill the initial flag pole of ~360%
Shib follows wyckoff accumulation and distribution patterns very closely. Here we can see since the price spike yesterday night we have been accumulating around this support zone. Extremely bullish, as this shows large players have begun to enter and accumulate positions at this level, even though we are up nearly 100% since the breakout. This parabolic has only...
SOFI has been on an amazing bull run after making relative lows a few weeks ago. It is currently at resistance for a larger triangle forming on the daily/weekly, however this accumulation curve and now consolidation with a downward slope looks like a perfect setup for a cup and handle. There are two likely scenarios:
1. Handle is very short, finishes...
Cool down today after yesterday’s huge bull run. Consolidation is following a falling wedge pattern if bullish sentiment continues. Otherwise, we are looking to go flat into a descending triangle, and enough bearish flow will turn this into a rejection down to 19.40. Fundamentals are very bullish and we are close to a breakout on the daily triangle, I am leaning...
