LIOC

Mar 28, 2023

Market is being going through a roller coaster due to this guy!
its currently being absorbing heavy liquidity below 165, tomorrows close is vital.

pros.
small timeframes flipping bullish 1hr and below
making a small falling wedge
possible double bottom pattern
most negatives are being priced in

cons.
trading below 200DMA
previous support at 170 (descending triangle) will act like hard resistance

if you are longing make sure to DCA and buy in portions

Mar 30, 2023

Trade active

falling wedge broke upwards, 4hrly RSI bearish retest nullified, Double bottom checked!

however close above 175 is vital for a flip and 200DMA!!!!!!!!!!!!!

Apr 2, 2023

Trade active

nothing much to update.. Overhanging 200dma is a bitch!
and not to mention previous support of descending triangle. breaking above these two will confirm the up trend of counter.. to say a number 178 will be it.

Apr 7, 2023

Note

Nothing much to update overhanging 200DMA, and descending triangle support working still as resistance. But as a fact more and more a support or resistance being tested, they become weak. Candle close above 178 is a must for counter to flip.

Apr 11, 2023

Trade active

AND its done 200dma done, and 178 dusted candle closed above 181.25 !!