So looking, at all the key indicies, there is a good probability of the market topping soon. If you take a fib retracement from the low of 2008 to the highs of 2020, before the covid crash. If you look at the 1.618 golden ratio, you will see that the markets are begining to see some resistance. Spx about to approch its 2 fib, and approaching 1 on the trend based...
4124-4128 HUGE SUPPLY LEVEL. WILL WE SEE A -100 POINT DAY NEXT WEEK? Gut feeling is strong.
Who remember 2 weeks ago I said AMC and GME will begin squeezing. Since then GME went from 70-80 to 200 and AMC from 12 to 34. Now im seeing the exact same thing. Thus im expecting another leg up for both stocks.
Dogecoins chart setup is looking like it wants to rocket. I think this is a good time to buy
I believe a crazy short squeezing is beging this week. I have been wrong plenty of times so it could be wrong again but I believe we are playing the opposite fractal as GME squeeze last year.
Nothing has changed, Im still bullish on AMC. We got rejected of major resistance at 19.90 if we can break that and not come down then it will get interesting. 19.90 was tested over 1 year ago when we had our first squeeze.
AMC is Looking to breakout of the 21 dollar level. I believe a lot of volume will be back once we break it. Im thinking it will happen this week
If we take a look at the Jan-May cycle we can calculate the amount of days it took from the first squeeze to the second. So from Jan 27th - June 2nd was 87 trading days. In that cycle, the bottom happened a few days after the squeeze. The cycle we are in now from June 2nd - now, the bottom has been placed exactly 2 times of 87 so 174 trading days after. If you...
I know the run up seems tempting but IMO dont fall for the bull trap. The volume is indicating Bears still winning.
As you may know AMC has been my primary focus of stocks that I analyse. Not only do I have shares but I believe that best and most explosive stocks have the biggest corrections before having a huge upswing or reversal. Look at TSLA it went from 300 to 180 then to 2000. GME went from 483 to 38 back to 350. SAVA from 10 to below 1 then to 146. The thing is AMC is...
Tesla performed great until Elon starting dumping his shares. I think Elon will continue to dump his shares until the hedgefunds are bleeding. This thing will fall further at least to 900. This is my bold prediction. Elon and TSLA is the market now.
I believe BTC run up from 32-38K was a fake pump. We will dump hard soon.
BTC correction not over yet. I believe a drop is coming, we will go below 40k soon...
CHAINLINK has been accumulating since may from the last high. I believe once we break this bearish trendline we could see some decent upside back to the 50s
AMC Apes still waiting for another bullish cycle. I believe the next coming weeks we will see AMC surpass the triple digits and maybe a short squeeze could occur. If you look at Wyckoff Schematic this was a double bottom and AMC will likely run fast into the last phases. It tend take long time before a big run up but when it does happen it goes extremely fast.
I dont think the correction for BTC is over expect more down side next till 35-38k
Even though AMC is highly manipulated it still follows Wyckoff. We should break out of the channel soon to the upside.
I Got 2 scenerios for today either we go and test resistance around 34 and get rejected, close around 32. My other scenario is bold and bullish. In the other scenario I see us test 45 and close around 38. Its most likely my first scenario that will play out. I believe a test to 45 is coming tommorow if it does not happen today.