JamesLochman

JamesLochman

After breaking the uptrend in the beginning of April, AVAX has formed and dropped out of a head and shoulders bringing it to the bottom of the trading range (white) established in February. The buyback was not strong enough to bring it back into the trading range and we're seeing price decline, remaining inside the (yellow) down channel started last November....

JamesLochman

Been moving upwards within the down channel. Rejected by the cloud. If it breaks down it could make a strong move to the bottom of the channel.

JamesLochman

After hitting the first target, bounce, second target, bounce, JOE is up against the macro downtrend on decreasing volume. RSI divergence supports upward movement is running out of steam. I expect for JOE to have downward pressure and revisit the lower buy range for a retest before deciding its next long term direction.

JamesLochman

Head and shoulders on JOE micro trading range. If it breaks down it could move 15-20%.

JamesLochman

Bitcoin distribution will push JOE down and below its established trading range. Looking for a possible bounce near $1.20, then continue down to the $0.50 range. If it breaks below that it's into price discovery as the coin is relatively new and hasn't tested bear market lows. If we go into price discovery wait for a bottom and start accumulating, because JOE is...

JamesLochman

Time distribution, nearing markdown. TIME just converted most of the treasury to stables. A good sign. Messi just sold a huge chunk of his stack. A not so good sign. MEMO APY still >80,000% making people think it's safe while whales have been distributing. Dani has not sold any, but I don't expect him to for a long time.