nervos_ninja

nervos_ninja

I honestly think the ALTS have just been overly wrecked in the short-term. A mean reversion play is at least something I'm interested in.

nervos_ninja

If we treat this as a breakout, we can see some confluence in the golden pocket and a previous local top.

nervos_ninja

The distance in the Total3 channel from range high to range low is the exact same distance from where we are now on support to get to 1.618 fib on this move.... Interesting. Alt run incoming?

nervos_ninja

Considering AGIX has had such a great run, it would be not easy to see how we could pull back almost 60% from here, but if this neckline breaks... Well, tehnicals are tecchnicals. Confluence with a volume node as well as fibnoacci and prior support area as well...

nervos_ninja

Looks like alts will run. Get ready! :) Question is, how low will we get off this rejection?

nervos_ninja

Let's see how this plays out but it looks like a H&S to me!

nervos_ninja

Here we can see an obvious demand zone. Let's see if it gets there. We just retested on the 4 hour and it looks like supply begin dumped.

nervos_ninja

To me, this is a nice cup and handle formation. Breakout would be amazing!

nervos_ninja

I see a retrace to .618 on $CKB. After shooting up a great deal, a retrace here, and maybe a bit of a liquidity grab south of here would be a nice spot to layer in some bids.

nervos_ninja

This is just a classic bearish divergence on the 4-hour. Let's see what happens next!