revilo1987

revilo1987

THe chart was analysed like wyckoff would do when a range occours. There is a inner selling strength which was absorped from buyers.

revilo1987

The ranges are getting smaller and smaller. So I am thinking of bullish accumulation because of the volume, but the Angles of Decline tell another story. I think one last accumulation sheme is necessary.

revilo1987

the chart tells the story: after the move under 90 a inner strength selling biuld in the head area.

revilo1987

The chart tells the story -> inner (bottom) strength shows a possible buying absorption.

revilo1987

Seems like the Cryptos took to much Liquidity. This is the second VPOC in the row and a wedge formed. Keep in mind that we are still in the decline chanel !!! But the oportunities are strong for a strong but stepped upward movement.

revilo1987

A upward-wedge is forming after a strong decline.

revilo1987 Updated 

About 2 month ago the stock went all the way up out of a small zone. It was heavily shorted then. The strong zone was opening at around 0.8 USD. This is the strongest tradet point (volume) on the chart. I think it will settle today and go up tomorrow, because now it was a Shorting-of-the-Thrust because it went under 0,8 USD and returned upwards. Next week the...

revilo1987

Will the Top at 2.65 USD be tested or will it go down to 2,0 USD (Volume Point of Control) first? The most analysts aim for 7.5 USD for end of this year. With the cancer therapies in their portfolio it will be there a lot earlier I think.