


Cocococo2
As you can see on the 4 hour chart, ether broke to the downside of the symmetrical Traingle. Next level of support is the $1850 level, which is under the 20 week moving average. If $1850 breaks down more downside is very probable. $1300 would be the next level to watch.
Btc as seen in the chart has broke out of the rising wedge it formed. Creating a head, in a head and shoulders formation on the one day. With the 50/200 about to do a death cross. If the head and shoulders formation plays out the measured move is around 27,500 from the neckline to the top of the head. Ultimately I feel btc goes to the 21k range just a slow process...
As you can see in the 4hr chart AMC is in a symmetrical triangle, where a breakout tried to take place but couldn’t get past the $62 resistance. Volume has been decreasing. To me this is a 50/50 trade. Getting above $62 puts a measured move squeeze to $110. Breaking the bottom of the triangle around $52, amc could fall back to $40. I’m just observing in the...