CAPITALCOM:AMC showing signs of bottoming out at the 4hr chart and at the end of an Elliot wave to the downside, potential long opportunity for a run up from 4.2 to about 7.2 (Fib swing levels) during the next few weeks approaching the APE>AMC conversion vote.
Need to be careful though, as AMC is prime target of shorts.
As you see on the chart we are in an uptrend. So we could have an uptrend continuity if we have the breakout with strenght the resistance line by a big green candle with a large green volume. In other hand, we could have a reversal trend if we have the breakout with strenght the vwap indicator and the support line by a big red candle with a large red volume.Thanks.
Good morning all! How are you? Good i hope! As you see on the chart we will have a big probability of an uptrend if we have the breakout with force the vwap indicator and also the resistance line by a big green candle with a large volume. In other hand, we will have a continuity of a downtrend if we have the breakout with force the support line by a big red candle...
The move today lacks volume, but will for sure lore some investors in the play. If we see consistend increase in volume in following days, we will easily tag $20+ in a matter of weeks
A trendline can be drawn showing a resistance area, which now could be considered a support area
This is a resistance / support analysis
The shift from bear to bull market is in green
Emergence of the 200MA allows an assumption of a support as it aligns above the down trend line
I would like to be able to chart patterns but when I change to a new time frame it just looks like a mess I would like the option not to carry over the patterns to different time frames and be able to recharge each time frame I'm looking at I would also like the ability to be able to choose What indicators will be on what time frames I personally use different...
* NFA *
The hedges are moving right on FIB levels. They will try hard to pushback price to $36~$35 range.
It will exactly line up with my salary day! Hedges R Fok!
* NFA *
This is a potential chart for AMC that follows a repeating fractal found on several different time frames. Break above 40 , I am bullish. If not it will be dragged down to the 1.618. Price targets is 29 for tomorrow. Bearish until AMC breaks this down trend and we see a substantial increase in volume and or break above 40. Also have a bullish scenario on a...
Fellow apes unite because we are back!
Nice long consolidation, just what was needed, now for the MOASS
All you need to do is HLOD, the simplest thing to do, law of parsimony. Can you do it?
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
If AMC continues to have these irregular movement then we can possible see $120. Also there's a gap around $38
Just charting supports and resistances that i see. I think if we dip below here we goto 36 briefly then 32ish before hopefully getting a healthy bounce. The entire market is red today, obviously we would get hit too. Crypto is down, stocks are down, and silver is way down. So just take the dips as opportunities when they present themselves to DCA . Upside targets...
I'm not about the HODL life, however I love trading volatile assets such as AMC, Cryptos and Index/Commodity Futures. Here's how I'm planning to trade AMC.
I am not sure if this is just a pump and dump or the beginning of another bull run for AMC, so I'll have to see how it reacts when it comes down to the Possible Value Area. It's good to see the volume spike,...
For anyone who is unsure what is going on with AMC, I created this chart to help people better get a grasp on it. AMC is currently in the phase following a Death Cross [50 Day MA crosses below 200 Day MA) and where Volume has depleted. So it is currently dead in the waters. Until Volume starts picking up and we get a Golden Cross , there's not much to see here....
![AMC: AMC - [BEARISH]- Death Cross!](https://s3.tradingview.com/m/MzA4nNFi_mid.png "AMC - [BEARISH]- Death Cross!")