first range didnt sustain breakout. second range followed through just to the break. third range the follow through and went past the breakout. this range is passing the breakout. The confirmation of new trend is clearer now while requiring less volume than ever before to sustain
spx6900 had lots of bottom buyers who were holding. then price hit a brick wall, market maker stopped dumping/suppressing and everyone positive upnl compounded into a god candle. everyone wants fomo parabolas. its the compounded upnl god candle that makes it
volume can be rigged. can sell to market maker and price goes up manifesting the market structure that was alreadt going to happen. pvp buying isnt the only thing pushing price up
closest its ever been to a proper higher low. higher timeframe higher low to run through the three sell areas that created three corrections in the WXYXZ. impulse, correction, impulse.
the higher low confirms once the high breaks. higher lows holding, needs to rebreak broken highs on lower timeframes. current price looks like a pullback since its flatter than the impulse.
I like this one. part of the weird new era memes like maxxing and 67. Has mlg like structure. tight stop loss. accepted in a dexsceener meta category. Maybe 250mil
feels like it doesnt have the supporting structure to break. maybe the recent higher low is enough but it feels too far. at what point do you wait for the higher low or do you create it
chart looks like mlg, trends like 67, can pull maxxing audience and rally like chill guy. take the best from each and run with it. its not that cringe because its that simple. so its accepted. cant try hard because it doesnt even try