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If alts and memes are your thing then this is for you. I wanted to update my old TOTAL3ES tweet, but X is not helping with the search option. So I am sharing the one I used at the academy to warn people, when we were trading at the WP resistance (Chart II).
So to those learning Ichi from my posts this is a good chart to share. As you can see we got a Red cloud, price is under it. Recently the Chikou also got under the Kumo. The Tenkan/Kijun are together which means they are not under duress, but in balance, telling you this dump is not forced. Pairing that with the trend line, we can deduct things might not get better here, so unless something shifts. I would simply be careful right now with this chart, and the implications of it.
Patience... Observe without attachment.
Let the structure reveal the move. 👺