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Amc chart analysis trending up soon?(A prediction)So i see a false breakout then a clear breakout and retest of the trend line on the daily chart of amc. It bounced on retest green Friday and printed a what i like to call a flip flop candle pair today. The flip flop is when the proceeding candle is either very very similar just different color or is its polar opposite but opened and close in the same range roughly as the candle previously. You’ll see what i mean in the picture. There used as trend continuation or trend reversal indicators. I am sure there’s a more accepted term for this setup. Besides that the daily rsi is showing a hidden bullish divergence. This is when the lows of the rsi are moving higher but the price action in the lows of the candles is moving down. This is a pretty decent indicator of a potential trend reversal. This divergence started to show itself last week so i would expect solid movement up but (potential down). If we do break upwards i would then be looking for volume to come in and match the movement of the stock price. If it doesn’t, i would expect another cycle and down trend after current uptrend and new analysis needed. With all the nft and crypto hype coming in and box office numbers returning the amount of preorder tickets for the movies coming out in December is crazy high with a crazy high amount of releases coming out in December i am very bullish on amc just from a technical view. NYSE:AMC I am still learning so input would be nice. ur thoughts an opinions of my analysis are welcome. Sometimes you dont know you suck until someone tells you.
NYSE:AMCLong
by dumbmoneygorillionaire
3
Bitcoin Bullish WedgeBINANCE:BTCUSDT Leo Indicators 🦁 As mentioned in previous article, my indicators are signaling the whales are buying what retailers are selling, and the price did a rally on today. Now, BTC are has formed a bullish wedge, however it is struggling to breakout from it, a failed breakout will lead to a retest at level 53k-54k. Try to re-enter your position there, or enter long position when we break recent high. Congrats to whom has entered the position as soon as we shared!
by Kaiden999
Recycled 2017 Run2017's price action bounced off its June peak. Are we going to bounce off the August peak? We're sitting on five similar characteristics :(1) diagonal trendline, (2) 0.618 fib level, & (3) 53k massive support level, (4) August peak, & (5) 150D EMA. Timing was looking similar as well until November didn't perform as anticipated even those establishing a new high. So, if history is any indication, we're looking at a lengthened cycle that'd extend into Feb-April of next year (so far). I'm still bullish on reaching 200k+, but if we break 50k as a low here, using 2017's price action to predict our current cycle top may dissolve. Thus, I doubt we'll see below 50k at the moment... but as always, NO ONE KNOWS. So gamble responsibly :)
INDEX:BTCUSDLong
by Ungovernable
1
AUDUSD Alternative Scenario : Double DirectionToday is Full Moon >>> High Probability for AUDUSD to make turning point between November 19th untill 21th 61% AUDUSD will Bullish to reach the next target 0.76400 39% AUDUSD will Bearish to reach the next target 0.70700 Wait for Price Action to make a decision, market now likely wants to end it's flag pattern and perform a strong bearish trend if the flag pattern has been broken out with an impulsive red candle Market can also make a false break on the lower trend line in the flag pattern, can develop a huge bullish movement until next New Moon Strong Classic Support and Resistance had placed in the chart using a yellow horizontal line, where the market mostly respect to those level Fibonacci Leve l has been plotted to the chart to make it easier to understand 0.786 is the most important level and will be our moment of truth what is the next price direction 1.272 External retracement is our next target for either bullish or bearish scenario
by jaysenxavero
LIME (iMe) - moon shot, a project unknown to almost everyone!iMe (LIME) is a native messaging smart platform powered by Telegram with Crypto Wallet. The current CoinMarketCap ranking is #2937, with a live market cap of not available. 20k Followers on Twitter (followed by some crypto influencers like: CryptoBirb, Zach Boychuk, Brad Laurie etc.) 22/6/2021 listed on CMC --> very young project. Website: imem.app It isn't something special but it is good start point. They should upgrade it with more information and plans. What get my attention is sign "Powered by Telegram". We all know what is Telegram and how big it is. Next, app is very good, similar to telegram but I like it more (it is based on Telegram + crypto modifications). Partnerships announcements are made almost daily (check official telegram channel for more details, some of them: Binance Pay, NEO, CARTESI, TomoChain, Elrond, etc.). Token is listed on few exchanges: Gate.io, Uniswap, PancakeSwap, ApeSwap, DODO BSC. As you can notice by now it is available on BSC so you don't need to pay big transaction fee if you are not able to buy larger positions. Price pumped recently but M.Cap is still just around 15 million (telegram channel information). Another 10x for Telegram powered project is very possible if you ask me. Little hype, some new listing, some crypto influencers traction and 100+ million M.Cap is very reachable. I managed to buy it when it was around 0.018$, and I sold some to cover my investment at 0.20-0.26 region (obvious resistance level - first day trading close price). I'm planning to load up even more again just under 0.618 fib. retracement level. If LIME close over 0.26$ I will increase my position (if wee don't see retracement to 0.618). As next resistance and some profit taking I'm targeting 0.55$ area (430% from 0.618 and aprox. 2800% from early entry). Zoom in for a better view of the breakout and accumulation region! Keep in mind that this is very risky investment and manage your risk! Good luck all!
LLong
by Philippe_0x