Lingamfelter

Lingamfelter

Is a double bottom more of an actual literal bottom? Wouldn't a double bottom be 4 curves?? ok jk -- but am seeing a double bottom here....or a single bottom...or just a bottom... happy trading

Lingamfelter

heres what i'm seeing from an uptrend channel and a wedge perspective. i'll play whatever direction it gives me, (bull v bear) but it's lookin like a stalactite rn...play ur way

Lingamfelter

i don't really have comments except to say anomalies are always worth investigating...

Lingamfelter

i've been watching this...it struggled to get over the last resistance from the prior pivot low point. then it finally blasted over and pulled right back. looks like a battle if this c/h is to play out -- it surely won't be a quick push. but the drop below 30k was met w a giant nope nope candle - buyers came in strong. also, that may correlate w the "sprimg"...

Lingamfelter

h/s marked w yellow. height in purple. cloned height to match target range bc easier than calculating. neckline purple. entry just above horizontal breakout alarm line. target estimated to approach prior s/r line around 1.47. if it plays out, should reach range of yellow lines. tbd...

Lingamfelter

overall dj picture incoroporating long term trendline, upward channel, megaphone pattern, and post-covid market manipulation/fed bubble. megaphone drawn to incorporate the most candles, not necessarily tail vs body or green vs red - just the most overall consistent touches. not a prediction of any sort. but poss lower end around may 2024, around 50% correction.