For personal reference and this is for comparison only (not predicting anything). This move is both steeper and more drastic, but the current ratio of percentages is still lass than in May (at the moment at least). EDIT: the 38 in yellow should be 41 (it was at 38 yesterday and forgot to update that number)
Props to @Aevir for a really really cool and useful indicator. I stared at this damn thing for like 10 minutes lol. For personal reference
For personal reference. Just my thoughts on the recent PA. Still hodling
For personal reference. The highlighted gap is volatile territory. We'll see how this unfolds.
I've seen a lot of AMC longs kind of bummed out by the price action lately so I wanted to offer my point of view and why I'm still bullish on NYSE:AMC even as we've hit levels we haven't seen in quite a while. I've been a holder since January 2021 and what started out as a squeeze play has turned into something more. But as I see it, this price action is...
The first time around the 3.618 was relevant. Just updating it to the most recent L-H-L For personal reference.
When AMC hit 100% utilization (source: app.ortex.com ), it got me thinking about last year when it hit 100% utilization. I just wanted to compare the bar patterns and when the 100% utilization timing was related to the June run up. Not a prediction by any means. Just for personal reference.
For personal reference. Just noticed we're 2/3 of the way thru a classic reversal pattern. With RSI and MACD confirmation. Looking strong.
For personal reference. Hope this downturn is finally about to reverse. We'll see what happens
For personal reference. The "levels" could also be viewed as gaps. It appears that we're filling that 3rd lower gap. Hopefully we see a leg up into the 4th level/gap at some point.
Crypto has been in a bit of a decline since Nov 10 to say the least. For personal reference
I noticed this a few weeks ago. I find it interesting that the first day on this chart is January 27th which is when these tokens were presumably first offered. I know they talk a lot about a "recommended one year holding period" for these in FTX's literature on them. This might be significant due to the fact that the issuer of these tokens uses the underlying...
I was just curious to see what patterns (if any) might be similar between where NYSE:AMC ] is at now vs it's run up in May/June. Also wanted to compare T+21 and T+35 dates with price action from those 2 time periods as well as CRYPTOCAP:TOTAL . Some interesting similarities as well as differences. I'm curious as to how this plays out. Also keeping track of FTDs...
Just zoomed out on the crypto market as a whole. Doing my best to piece together this shit show of a market we got lol
I've been tracking the 21JAN2022 $145 calls for a while and OI has been steadily climbing and now sits at a whopping 180k. I noticed a similar trend in March 2021 with the 18JUN21 $40 calls. So that got me thinking: what kind of move would we need to reach $145 by their expiration date? So I drew a trend line from 14DEC-21DEC (yellow line segment). I was surprised...
I fixed my inverse head and shoulders drawing from the other day (the right shoulder didn't dip enough). What I didn't notice until just now is if I zoom out, the neckline intersects the ATH back in June. Interesting.... Just for reference: here's the chart from a couple days ago.
I just found this interesting. Even on smaller time frames, they're pretty much trading inversely today (which is unusual).
Possible reverse head and shoulders forming? Could also reinforce a possible reversal of recent downtrend/continuation of new uptrend. NYSE:AMC