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Squeeze

ADAUSD Breaks Pattern and SupportImportant things to note: BTC is pushing forward with the exception of taking liquidity here and there. ALT pairs are getting wrecked. It has yet to pullback but I believe it is coming. ADA has broken the flagging pattern which is not good. Bull Flags are quite reliable, this signals more pain to come. The newest support 2.15 was broken. The next support is 2.03 The last would be the diagonal trendline. I mentioned the vol squeeze I saw could go either way but likely bullish to due to the patterns. However, now we have a broken pattern. ALTs will bleed. Keep cash on hand and stay liquid right now. ADA will fair better than most alts. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. So I talked a bit yesterday about the ALTBTC pairs not looking good. Well they are getting wrecked today. This is due to liquidity flowing from alts to BTC like it normally does. In the past when we have seen this, the move was dramatic, and produced lows of 60%. I do not believe this is going to be the case this time, especially for ADA. I mentioned previously that the squeeze we saw could go either way but bullish was likely, however now we have a broken pattern, so expect the downside. There was pressure, but no one can determine if it is upside pressure or downside pressure until a pattern breaks or a move to a price target begins. I had a feeling this might happen so I told everyone to set alerts on the trendlines and supports (I hope you did). The flag broke and now we have a break on the newest support. Stay liquid and keep cash in hand. This will likely produce good buying opportunities at support. If we lose 2.03 the last support would be the diagonal trendline. Whatever might happen, do not worry too much, I believe this will be short lived. Do not get spooked. Again, I believe the alt pump will happen sooner than most people believe. BTC will continue to move upwards taking a small amount of liquidity here and there. Again, I believe the altpump will occur after the BTC ATH and the following pullback occurs. Anyways, I will continue to watch ADA and update you all accordingly. Thanks again everyone, and try to relax, you will be fine. I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSD
by mysticalwalrus
72
$APRE next small cap pop!!!! From a technical standpoint we are looking pretty strong as we closed about the 9-day AND the 26-day moving average with high buying pressure whicks which is interesting Now from a company perspective standpoint we are most likely to first get approval on, this would be like the most expensive drug I have EVER heard of! In other words MEGA MEGA profit potential for APRE. So basically this would make more money per patient than any other drug in the ENTIRE cancer industry.
NASDAQ:APRELong
by Ubaidy100
ADAUSD TARGET REACHED! Cup and HandleImportant things to note: We got a great short squeeze from BTC creating upward momentum. ADA has broken through first resistance. My price target was touched perfectly before moving upward. A strong basing pattern (cup) was formed. If a handle forms next major of 2.52. I have charted my minor price target. Resistance levels are the same. Support is noted on the chart. So, do you think we are in a bullish trend now? Well, from the sound of all the salty bears, you can guarantee we are! My long on BTC paid off well! BTC has squeezed the short set to exp today creating upward pressure which is what we see now. ADA on the other hand, smashed through resistance and touched my price target perfectly. Now we have had a strong basing pattern form (a cup), and I would like to see an handle form creating a major target of 2.52. I also have a smaller minor target on the chart (if we do not get the cup and handle). The resistance levels are noted, but like I said before, I am not worried, I am just sitting back at the moment charting price target. Also, shoutout to my follower that called the 2.06 retracement! Great job. And shoutout to my other follower that mentioned crypto being influenced by the price action of the dollar. 100% Agree, great job! That feels pretty good! The momentum will increase the more low level resistance levels are broken. I hope you are all ready for the ride because these next few months are going to be insane in terms of price gains. hope to see many happy people these next few months! I will continue to watch ADA and update you all accordingly. I will be putting out my ADA summit recap post this weekend! Stay tuned and thanks again for all of the support! I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
30
Triple bullish divergence (MTF momentum histogram) BTC (squeeze)Hello traders, Triple bullish divergence on the MTF momentum histogram, might not be now or a few hours from now but the short squeeze is coming and late sellers won’t like it. (I'll post TA with the oscillator below this post) Shorting after a multi-thousand dollar dump is never a good idea even if you think it’ll go lower because a squeeze to punish late sellers usually comes next, once buyers flip the 21 MA momentum will shift to the upside. 1) This price action is an example of why you can’t solely trade momentum oscillators, ltf has been “bottomed” for a while but had a massive red candle shortly after, the same happens to the upside when it’s oversold. Example: stoch rsi (momentum oscillator) 2) Whales know traders watch these indicators and will stop at nothing to spoof them resulting in traders getting chopped. 3) Then once they panic and give into the manipulation the market turns around and squeezes in the opposite direction, like clockwork. (this is about to happen, sellers are trapped) Please like/comment to show your support if you'd like more technical analysis from me. 👍
COINBASE:BTCUSDLong
by YurloTrades
14
IRNT: RUG PULL OR SQUEEZEIRNT: depending on where IRNT goes in the pre-market can determine which price action This bearish looking wedge we have formed is on top of a critical support zone. ~If 35 breaks, we can see a dip all the way to 22. Why? ~There is a gap to fill on the down. ranges 21.30-24.50. All previous gaps have fill on the down except this one. ~If IRNT does release a share offering like some are predicting it will, price will inevitably go down and could be another reason for the dip. ~If 44.50 is broken, we could see price action to 55 and maybe even 60 ~Note that during hours there were no call contracts past 60 bucks (interesting though may not matter) ~WSB has had huge rallies saying this stock will squeeze like there is no tomorrow. Be ready to go up and up if another squeeze occurs and don't forget to take profit when you wanna screenshot. DOWN DOWN DOWN (support zones): ~Note that these zone may provide resistance to a rug pull. The italicized zones will give the most fight. ~35 - 37 ~30.90 - 32.55 ~29.25 - 30.21 ~27.20 - 28
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by CheckMatted
5
KOSS - BBs squeezingKOSS BBs are wound tight in multiple timeframes and price is going to move soon and is setting atop nice volume-support from the March & May rips. Price is further supported by the 9-day and 50-day MAs on the daily. OBV remains pegged. Even the '50' Bollinger is squeezing hard = big move soon! Based upon chart patterns and BB indicator it will likely move up, but may have a quick fake-out to the downside first - HODL. KOSS stock price literally looks like a beachball being held underwater IMO! Not financial advice.
NASDAQ:KOSSLong
by Akksujean
3