Range: $173-$98 Breakout from $138 to $300 by August.
RSI never exceeds RSI 90. Pattern is consistent across entire historical time-frame. Currently at RSI 62 ($173) and heading toward RSI 90 with limited price movement which signals a divergence. Trend is short. Range is $183-$118 in the next 5 days followed by a move to $80. My strike area is $89.
Most TA is calling this pattern a triangle. I see a rising a rising wedge or bear flag. Thanks to @Rocky Outcrop for taking the time to comment .
Price analysis thru April 2020.
Theta trend in a bear/panic market. Price will break support of $130 and dip down to $100, possibly. But my gut says buy at $110. All things said, we don't break $200 -- much less $300 -- in 2020.
See history for context and all that other great stuff.
ABCD pattern is obvious across 2-3 weeks of price action. RSI indicator suggests static trading between $135-130. Meanwhile, volume and supply suggest no new buyers at this price point; and lack of volatility suggests no meaningful profits being taken i.e. no sellers at this price point either. A decisive move above or below this price range (read: $160 or...
RSI says we're headed for sell off of $5-10. Pattern says we're headed toward $100 on the sunny side. Suggested buy range is $105-$110. Things get bullish among talks of Alt-Season in June.
See previous post for ABCD pattern to $110-$100. RSI suggests evidence that price will drop ~ $10.
• Price should breakout by EOD Saturday. • ABCD pattern would suggest a much-awaited short that finds bottom between $110-$100. Fib .618 then suggests a decisive trend reversal at $103 at which point price should break $200+. • Sell between $138-$140 over the next 2-3 days. Don't get greedy. Sub $100 is a pipedream. • Bulls will be feverish in April. ...
Quick bump due to QE, but this will be gobbled up at open and we know it. Liquidity will be huge to the market. Watch a methodical short sell down to $75.
Breakout in Aug when kids finally go back to school.
Elliott correction wave following dead cat bounce from last week's global market collapse. Strong support at $117 and $130. If price can break resistance at $111, I predict a sell off following CDP liquidations. Buy under $90. Last low before breakout will be $30. A like costs you nothing. Thanks! NOTE: I have no experience. Take everything I say with a grain...