IQ Possible Levels
Updated
This is my first chart, and wont be my last. All of my ideas are never legal advice, and I wouldn't recommend investing any money you cannot afford to loose physically and emotionally. Any constructive advice is always welcome, as I stay open minded to any possibilities. I want everyone to win!
Im going to keep it as simple as I can.
This is the Daily Timeframe
With that said, IQ looks to of hit a wall at 46.
Looking for a safe long re entry and pullback to 24 area. Although it may hit 40 again before falling lower.
Next possible Short term bounce @ 28 - 31
As it looks today, it has bounced off the 618, but I can see it consolidating until end of july maybe august.
You can also see the momentum has changed for the first time since the 21st, short term bearish.
Ill wait for momentum to change bullish before re looking at this situation. With barley any time on the market and no data, trade with caution. I believe IQ had a great future.
Im going to keep it as simple as I can.
This is the Daily Timeframe
With that said, IQ looks to of hit a wall at 46.
Looking for a safe long re entry and pullback to 24 area. Although it may hit 40 again before falling lower.
Next possible Short term bounce @ 28 - 31
As it looks today, it has bounced off the 618, but I can see it consolidating until end of july maybe august.
You can also see the momentum has changed for the first time since the 21st, short term bearish.
Ill wait for momentum to change bullish before re looking at this situation. With barley any time on the market and no data, trade with caution. I believe IQ had a great future.
Trade active
It hit a 32.6 mark, close to my 28-31 bounce entry zone, only 1$ off. (I like to be safe as possible with entry zones.) Bounced to the 36 area.The bounce could continue to 40 area before a final dip to the mid 20s. Ill personally be waiting for a bigger safe pull back to the 382 or 236 area. ($23-28)
Note
Ive added visuals for my buy and sell zones. After seeing the close today, I believe the 40 mark is still valid for a short term sell, although my bounce mark missed its fill by 1$.
The 4 hr is showing indications of a small bounce with buy signals oversold, but the 2 hr has Ichimoku crossing bearish. Im going to wait for this to play out, just wanted to update with a better looking chart.
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I spoke a tad too soon saying I missed the mark by 1$, as today it hit it on the dot at 31. Im still looking for a pullback into the 20s.Momentum still bearish but slightly changing positive.
Check out my other charts, as I think all of them are 100% playing out how I graphed, For now..
LIKE and FOLLOW for updates!
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Bounced perfectly through the buyzone at 30, looking for a bounce to sell targets above. We have some buy indications with momentum slightly changing bullish, nothing to strong.Trade active
You can see it bounced perfectly through my buy area, which I labeled over a week ago. Congrats to any shorters who benefited from the call.This graph update below will show a wedge I will be watching for, with a new quicker short term sell zone then the one above, which may take a bit longer depending how this plays out.
FOLLOW FOR UPDATES!
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Look at that perfect bounce play. Quick update, you can see the squeeze, pointing in the positive direction, with momentum changed bullish, and a few buy signals appearing on the 1 hour.
looking for the complete bounce to our first and second sell zones.
Check my other charts for other perfect calls.
Note
anyone following my chart has made quite a bit of % gains. we can see it reached my buy zone, and hit my sell zone, looking for a pull back for safer entry.Trade active
wow didnt mean to post the plug chart, it doesnt let me delete posts, so heres the chart I meant to post.Note
anyone else loving this chart from the start or what? <3Trade active
looking for one more rise to second sell zone to complete. Trade active
we have sell signals on the 4 hour, with momentum bearish. I have a feeling that wont matter and will reach my second sell zone at the least.we have 4 hour squeeze fire long a week ago.
looking for some fast consolidation.
Note
ugh.. posted the wrong chart again, and trading view wont let me delete OF COURSE. heres the correct chart.Trade active
we are now reaching our second buy bounce zone which i posted in june, with it hitting it just perfectly, although could maybe fall just a tad lower for accumulation. We have our first daily buy signals, and looks like momentum is bullish. I will create more zones once this one plays out. Theres one level below this one, near the 18$ area. So bounce plays are my ideas.
Note
I was one of the first people to chart this, and havnt updated in awhile.as you can see my accuracy is perfect, and I dont mean to burst these bullish peoples Chinese bubble, but .. the yellow tracks are possible outcomes, the buy zone is inevitable
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