I remember when people told me that wasn't an ultra-high volume shakeout on $U from $40's down to $18. 🍵🐸 Next expected move could be an impulse wave back over that mSOS (major sign of strength) area as a true SOS (sign of strength). Then, expect a retracement to re-test supply (upper part of the range) and hold VWAP. Holding VWAP and accepting the range thus induces a mark-up event which can push $U into the $100+ range. Not bad analysis huh? You're welcome!
Free WyckoffsShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.