We believe it will not hold this levels as technically 255 should be considered a Lower High on 1W and as a result the 166.70 support should break into a new Lower Low:
mightytrader
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Everyone will scream, "OMG!! I wish I bought the bottom!!"
Then it will rally to the $300's or even as high as near $500 and then the crowds will begin to buy again... Then it might dump real hard from those levels.
mightytrader
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Whales are just selling off to accumulate more for the PUMP in October.
mightytrader
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It looks fine so far on the 6 & 12 hour. On the 4 hour the kumo is starting to twist green. It will PUMP.
AyKay-Trading
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@mightytrader, Could you share a print screen. I have no access to 6h and 12h timeframes. Thanks
mightytrader
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@AyKayCapital, Yeah, I will send you in your inbox.
AyKay-Trading
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@mightytrader, otherwise you can use the printscreen button on the top right of your screen and put it here between https://and.
mightytrader
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@AyKayCapital, I rarely use PrintScreen anymore. Modern OS's have much better utilities for screenshots.
AyKay-Trading
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@mightytrader, the feature on TV is interesting because it is directly stored online and can be share without sending an attachment.
AyKay-Trading
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@mightytrader, It may pump for sure but twisting green doesn't mean it will go up. But the twist (thiner cloud) is relevant as it shows less support/resistance.