MicDrop5

MicDrop5

Lost a key level of support and is retesting highs.

MicDrop5

Holding a key level of support and consolidating nicely for a bounce.

MicDrop5

Qualcomm consolidating at levels of support. Gap fill could be incoming.

MicDrop5

Holding a higher low. If it doesn't lose this support, it should test top of range from here in the coming weeks.

MicDrop5

The selloff in ViacomCBS by Archegos is playing out with fundamentals unchanged. Hitting a nice risk/reward at these levels.

MicDrop5

After testing the bottom of range and holding, I expect Momo to test top of range next. This is my trading plan, and how I see the chart playing out. Just one man's opinion. I am not a financial advisor, and this is not financial advice.

MicDrop5

This sell off was excessive. Here is a long idea for an entry with reasonable risk. It may still head lower, but this is a decent risk to reward.

MicDrop5

With a near perfect gap fill from levels of support dating back to June 2020, HYLN looks great for a reversal here after an extended move down.

MicDrop5

Descending wedge and oversold weekly. Decreasing volume on the dump. If it manages to break up out of this wedge it should be one heck of a pop to test the untested levels above.

MicDrop5

Keep a close eye on the key monthly level of $10,319 on Bitmex. In my opinion, if we close the monthly candle at or below that, it's likely dumpsterville. If we close above it, that shows long term technical strength. We could still test lower levels, but the close of this monthly candle will tell us a lot about the strength of this market.

MicDrop5

Just bagged some at 205 sats. Descending wedge on daly and weekly is terminating with bullish divergence one both. Tight stop loss.