After the pot stuck bubble popped we've been stuck in some long complex correction most likely a WXY. If this counts correct we're nearing the end of this correction. It seems everytime ACB makes a major move it first forms bullish divergence on the 6 hour (2 or 3 touches )
I will be waiting for this divergence to form or if we break outta the downward trend line with volume and close above.
I will be waiting for this divergence to form or if we break outta the downward trend line with volume and close above.
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We're seeing the 6H form bullish divergence.Nota
If the support doesn't hold at $4.50 or the meme support doesn't hold at $4.20 our last two areas of support would be the end of the gold box $4.05 then last resort is $3.50. I'm seeing many bearish charts on Tradingview and Twitter pointing towards 3 dollar range. This makes me think we won't get to see $3.50 if everyone is waiting for it.Nota
tradingview.com/x/gXRBT3d19Nice bounce on the 6H RSI trendline. 55 ema coming down. Breaking above could give us chance to run a little.
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I'm sitting on my hands. Waiting for confirmation of some sort of trend reversal even if its on a LTFNota
Will try to find a new count for ACB.this idea is invalidated obvioulsy. No trade to take yetDeclinazione di responsabilità
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.