Sunday Prep 10/31 - $BKKT Different Timeframes Lining up NicelyRecent SPAC that is in a VERY interesting sector; digital assets. Momentum is not dying so far on the name and as crazy as it may sound, I can see this one getting REALLY wild if this trend holds. I’m looking for 2 different areas. The first is that 32 level which lines up with the 61.8% fib level as well as Thursday’s HOD. If that area doesn’t hold, the next area that has my interest is 30. As well as it being a psychological whole number, it’s also a pretty important long trigger from Friday’s intraday action.
Notice how the fib levels remain very similar whether you use the after hours data or the regular trading hours. Just something worth pointing out since different market participants will be using different timeframes for their analysis, it’s nice to see them line up.
