To all my fellow traders, speculators and gamblers, its been some time since my last post.
I hope you've all been well, and most importantly, bathing in huge profits :)
It seems like Chainlink followed textbook Wykoff Accumulation Schematics.
Not the most perfect schematics, notably PS ( Prelim Support) falling a little short of the soon to be Resistance...
AMC is getting to resistance as it nears previous higher support levels. It’s in the IC on the 4 and completely blew through it on the 2 hour. And on the daily it would be mid $18 to even reach the IC for rejection. It’s 100% possible to reach $20 but also the chances it testing the bottom again seems likely. We could see price action stay where it is this week...
