HODOR - Weekly support, needs to stay strong
We are on a clear support level. The weekly 12 ema. Its clear because we can see 3-5 weeks testing this level and bouncing. However, the bounces have not sustained. While I love the idea of HODOR from game of thrones keep that door (12ema) locked down and a lovely idea of seeing a support bounce to new highs here......the walkers made it through.
And according to all the volume nodes, the most trading has been buying at lows. What do ya know.
See the blue squiggles, with the larger volume spikes at the bottoms (blue circle) of these big moves.
My green line is another potential spot of some support/consolidation. Ideally, IF we break down through HODOR's door, we see some big buys initiate at my next support down, marked with the green squiggles and blue rectangle.
Just in time for the LEAP competition as well.
And according to all the volume nodes, the most trading has been buying at lows. What do ya know.
See the blue squiggles, with the larger volume spikes at the bottoms (blue circle) of these big moves.
My green line is another potential spot of some support/consolidation. Ideally, IF we break down through HODOR's door, we see some big buys initiate at my next support down, marked with the green squiggles and blue rectangle.
Just in time for the LEAP competition as well.
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