AMC is showing all the signs that a trend reversal is imminent. The descending wedge pattern has remained intact since its inception with the third (and final?) touch reacting perfectly to the structure. Volume has also been picking up recently and RSI on higher timeframes are signalling a bullish divergence. Of course, there is always the fear that earnings and...
Roku has been making lower highs for the past 130 days (since 9th sept) and is now nearing the trendline that has held its bull run for over a year. It's nearing a major decision point that could drastically alter its trajectory for the near future - either by forming new highs and reigniting bullish momentum or by breaking the trendline and crashing to below...
Unless the fundamentals of the stock (extremely strong earnings, big partnerships, etc.) change, ACB's break of the crucial support zone is a signal that the stock will continue its downtrend
Bears have been struggling to keep the price under 10K, especially in HTF's where a candle has not closed under the level. Should today's daily candle close over 10130, this could be the signal that price has bottomed out for the time being. If price closes under 10K, one should be eyeing the 9600 level for a possible area for a reversal.
The 10680-10712 level has proven to be a key area for bitcoin's direction. A clean daily close above this level can lead us to 10900, and potentially to above 11K. Alternatively, a daily close below and we should expect a drop to 10400 with a moderate chance of the support breaking and a plunge to 10200-10150,
If daily can close above ~10400 then uptrend is confirmed. If unable to breach the resistance lvl, BTC goes back into the descending triangle formation with next major support ~10200-10100