Dear CCC Holders,
I know there are many brilliant chartist here, but I got really excited looking at the CCC chart and decided to share with those who are interested!
Chart, CCC 241110:
Looking good.. Breakout coming?- ADX indicates that buying strength is still not that strong giving into selling depths. However, notice that ADX have been lingering below both directional indicators (DI+, DI-) for over a long time, nearly two months. If ADX crosses both DI's from below to reach strong buying strength at ADX 25+ we could see a re-rating within our midst with a more supported buying strength
- STOCH and Williams confirming uptrend
- Short term trend indicator, the SAR Parabolic tweaked green for the last two days, indicating that we are now in a ST uptrend (note, always been in the LT uptrend for many months now heheh..)
- MACD turning, did not break '0'
- Boilers (hehe) tightening to choke out sellers, observe the last two brown rectangles, notice that on each occasion the boilers tightened we witness a breakout
- Third consecutive triangle breakouts following a long term uptrend channel
- Holding well to Fib Support levels around $0.072, and primary support at $0.068
- Majority of indicators aligning with the stars.
Looking great from a TA perspective! All the best to all holders!
Good night.
LM
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