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degen chad 🎩🤫Ⓜ️
@degen-chad
$MOXIE chart update: The pennant failed to play out and Moxie traded sideways out of the lower end, below the apex. We did not get a flush to the blue line. From there, it cleared above both of the pennant line extensions forming kind of rounded bottom, which is bullish. Bullish scenario here, is to clear the purple horizontal, build support, above that line and then send higher. An alternate path is an initial rejection at the purple horizontal forming a bit of a cup and handle. Bearish case is a throwback to the blue horizontal, which I think will be strong support, and won’t lose it by more than a wick. There are some big fundamental catalysts coming up next week. I think up is more likely than down. I’m giving it about a 70% chance of going higher over the next several days.
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Inga
@girl-ua
Thanks for your analysis, I really like how you analyze the market, as Im learning different types of analysis now too and it is useful for me😃 Next week they promise good news and Im waiting for growth Moxie) and for now we see a great price to enter) 33 $degen
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degen chad 🎩🤫Ⓜ️
@degen-chad
Nice! What charting style/methods are you exploring?
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Inga
@girl-ua
I have already learned technical analysis, indicators, fundamental analysis and now I have started to study Smart Money. Smart Money is a very cool way, but it is difficult for me and I don't understand everything, I need more practice 😄 What do you usually use when analyzing the market?
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