$AMC: Reversal
⚡Bullish Divergence on the MFI
⚡Vix Fix strong bottoming signals
⚡7.86 Fib Retracement measured from the trend reversal candle (43$), this area stands as strong support confirmed by large VPVR node
⚡TD-Sequential red 8, often reverses the trend once spotted on larger time frames
⚡Big volume support trendline at 10$
⚡Liquidity zone between 7.5-10$ (Strong support)
⚡A 3D close above the 7.86 Fib signifies the reversal
⚡Later on we have resistance at the 7.07 Fib (13.5$) confirmed by VPVR node
⚡Golden pocket Fib resistance at 15.8-17$
⚡0.5 Fib + Ichimoku Cloud resistance at 21$ + 20$
⚡Watch for a break of 14.64$ to confirm bullish price action
⚡Options Chain looking healthy, an upswing is possible at these levels
*WARNING* This thread is not financial advice. I am not a financial advisor.
⚡Vix Fix strong bottoming signals
⚡7.86 Fib Retracement measured from the trend reversal candle (43$), this area stands as strong support confirmed by large VPVR node
⚡TD-Sequential red 8, often reverses the trend once spotted on larger time frames
⚡Big volume support trendline at 10$
⚡Liquidity zone between 7.5-10$ (Strong support)
⚡A 3D close above the 7.86 Fib signifies the reversal
⚡Later on we have resistance at the 7.07 Fib (13.5$) confirmed by VPVR node
⚡Golden pocket Fib resistance at 15.8-17$
⚡0.5 Fib + Ichimoku Cloud resistance at 21$ + 20$
⚡Watch for a break of 14.64$ to confirm bullish price action
⚡Options Chain looking healthy, an upswing is possible at these levels
*WARNING* This thread is not financial advice. I am not a financial advisor.
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