six
@six
I think there's a reasonable case the Hawk Tuah bottom is in. What we're seeing here is a confluence of a bullish RSI divergence, a MACD crossover, and a price move above the 50D EMA. The recent Fibonacci .318 retracement aligns with the .0002 support along with the Stochastic oscillator pointing to the asset being oversold. I'm a bit concerned about decreasing VWAP but on the chart you can see the Ichimoku Cloud beginning to counterbalance the downward pressure there.
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czar
@czar
I agree. Observing the intraweek fractal coiling into a Gann angle asymptote, juxtaposed against the parabolic SAR’s stealthy inversion, suggests the Bollinger bandwidth is primed for a gamma squeeze. The Volume-Weighted MACD’s delta flux is flirting with a triple-top harmonic, while the Elliott Wave truncation near the .786 Fibonacci extension hints at latent bullish divergence in the dark pool liquidity corridors. Sure, bearish theta decay looms in the VWAP’s shadow, but the ascending dragonfly doji nested in the Heikin-Ashi candles is practically screaming quantum breakout as algos recalibrate gamma hedges.
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