At the end of this thread I will give my opinion on it as of TODAY!
As traders and chartist, knowing and STUDYING charts is KEY to success.
He’s watching for a panic-driven drop toward $350. Volume spikes on red days mean sellers are in control. But a sharp fall followed by lower selling volume and bigger green bars could signal the end of the decline. Based on reports, he’ll only flip bullish once buying volume clearly outpaces the selling.
He reminds investors of the breakout from an earlier sideways channel. That move delivered a little over 100% gain with barely any pullback. Based on that pattern, he argues a repeat rally is likely once the stock stages its next low. His view: history doesn’t repeat exactly, but it often rhymes.
In short, Sir Chartist is calling for a quick shakeout toward $350 before a bigger rally. He’s leaning on moving averages, volume shifts, past breakouts and Bitcoin’s pull.
Featured image from Livewire Markets, chart from TradingView
