BINANCE:AVAXUSDT.P appears to have bottomed out on both 4hr and 8hr chart with multiple wicks dipping into a strong support zone in the 14-15USD range, which is also coincides with the 6hr support zone seems to conclude a Elliot Wave pattern towards downside.
Schaff Trend Cycle switched to bullish with bearish volume dropping, potential long opportunity if the...
Potential long opportunity, as Natural Gas seems to have hit the swing low on the 4 hr chart in the same support zone as the previous swing low around 22-Feb.
There is positive momentum and price towards upside and end of bearish Elliot wave end(5).
Also, PSAR shows buy entry and price deviating away from the bearish trendline towards upside.
Prefer to wait out...
Natural Gas CAPITALCOM:NATURALGAS printed a higher high on the 1hr chart and appears to be bottoming out on the 4hr chart while breaking the bearish trendline, potential long entry opportunity
Long entry after next Higher (Swing) Low confirmation
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CAPITALCOM:AMC showing signs of bottoming out at the 4hr chart and at the end of an Elliot wave to the downside, potential long opportunity for a run up from 4.2 to about 7.2 (Fib swing levels) during the next few weeks approaching the APE>AMC conversion vote.
Need to be careful though, as AMC is prime target of shorts.
