There is not much I can say other than one more day at least for strong bullish movement on this one to complete a three green soldier advance in my opinion. Then I will look for a spinning top and get myself some short term put options.
Lets hope it doesn't happen. Not sure anyone else sees HS this far out but its fun to play fortune teller. DYOR
Some points to consider. #1 This is a symmetrical triangle topping a bull flag it can go either way although in any normal market conditions it should continue bullish. #2This stock has only 30 some odd share holders which means most of the company is own by a small group of people and there isn't a whole lot of people to dump this on. #3 anything can happen...
Probably safe just playing the dip and rip game here in this downward channel. We probably won't have another breakout until after earnings call (or a mass exodus) but by then we might be knee deep in a recession. Play safe and DYOR.
ACB has had a day of incredible bullish movement. However, we have not yet broken the channel. It is a good time to take bets. I personally don't think the news is enough to break resistance however the volume speaks otherwise. Green Arrow = movement if resistance broken. yellow = short term bearish and long term bullish outlook Red = Bearish with unknown...
High expectations or September for this one. Probably overbought as the supply outweighs the demand so I've read. Looking for major support.
As the chart progresses and makes moves against prior predictions I've changed to a more hopeful outlook. Don't take this as financial advice. This is a beginner practicing and looking for constructive feedback.
That bull run was TOO SHORT. It makes sense that BTC needed a retest in order to have one final wave. I believe we are still a few months out from the bull market. the previous ATH of 5,000$ was not retested and that doesn't sit well with me. A see a lot of evidence of 5k retest happening sometime Nov before maybe a diamond reversal pattern. I'm no pro so...
Hopefully a more realistic view than all the hopium addicts out there.