LLD065 — TUESDAY TECHNICALS: The Reversal Signal cover art

LLD065 — TUESDAY TECHNICALS: The Reversal Signal

LLD065 — TUESDAY TECHNICALS: The Reversal Signal

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Welcome back to LLD Daily, brought to you by DailyDominanceNow.com. Tuesday, November 25th. Technicals. Yesterday, we broke below $1.00. We hit $0.98. We tested the $0.95 support. And today, we're back at $1.02. That's a reversal. That's the market saying: the breakdown was a dip to buy, not a breakdown. That's weak hands panic selling and strong hands buying the dip. But here's what matters today: we need to understand the technicals. We need to confirm the reversal. We need to identify the next move. WHAT JUST HAPPENED: Yesterday, we broke below $1.00 and hit $0.98. That was panic selling. That was weak hands exiting. That was the market testing conviction. Today, we're back at $1.02. That's a 4% move upward in one day. That's a reversal. That's confirmation that the breakdown was a dip to buy. Here's what this tells us: 1. $0.95 support held – We tested $0.95 yesterday and held. That's bullish. That's confirmation that the support is real. 2. Weak hands are gone – The panic sellers from yesterday are gone. They sold at $0.98. Now, strong hands are buying. 3. The reversal is confirmed – A move from $0.98 to $1.02 in one day is a reversal signal. That's technical confirmation. 4. The narrative is intact – Liberland's thesis hasn't changed. The macro picture is still supportive. The tailwinds are still present. We just had a dip to buy. THE TECHNICAL PICTURE AT $1.02: Let's look at the technicals: Volume: If yesterday's breakdown to $0.98 happened on low volume, that's bullish. It means sellers were not aggressive. If today's recovery to $1.02 is happening on high volume, that's very bullish. It means strong hands are buying. RSI: Yesterday, at $0.98, RSI was deeply oversold (below 20). That's an extreme oversold condition. That's a buy signal. Today, RSI is likely reversing upward from oversold. That's a bullish reversal signal. MACD: The bearish crossover from earlier in the week is likely still in place. But we're watching for a bullish reversal. If MACD crosses bullish today or tomorrow, that's the signal for the next move up. Moving Averages: Are we back above the 50-day moving average? If we are, that's bullish. If we're still below, we need to break above it for confirmation. Support and Resistance: - $0.95 – Held yesterday. Now support. If we break below $0.95 again, the reversal is false. - $1.00 – Broke yesterday, recovered today. Now support. If we hold $1.00, the reversal is confirmed. - $1.05 – Secondary resistance. If we break above $1.05, we're back in the consolidation range. - $1.11 – The weekly high. If we break above $1.11, we're in a breakout. THE REVERSAL CONFIRMATION: Here's how we confirm the reversal: Step 1: Hold $1.00 – We're at $1.02. If we hold above $1.00, the reversal is confirmed. If we break below $1.00 again, the reversal is false. Step 2: Break above $1.05 – If we hold $1.00 and break above $1.05, the reversal is accelerating. That's confirmation. Step 3: Break above $1.11 – If we break above $1.05 and then break above $1.11, we're in a breakout. That's the next move up. Step 4: Target $1.20 – Once we break above $1.11, the target is $1.20. That's the breakout level we've been waiting for. Right now, we're at Step 1. We're holding $1.00. The reversal is being confirmed. WHAT THE REVERSAL MEANS: This reversal has several implications: 1. The $0.95 support is real – We tested it and held. That's confirmation. The support structure is intact. 2. Weak hands are gone – The panic sellers from yesterday are gone. The remaining holders are strong hands. That's bullish for the next move. 3. The dip was a buying opportunity – For those who bought at $0.98, congratulations. You bought the dip. For those who didn't, the next opportunity is at $1.00 or $0.95. 4. The narrative is intact – Liberland's thesis hasn't changed. The macro picture is still supportive. The tailwinds are still present. This was just a test. 5. The next move is up – If we confirm the reversal by holding $1.00 and breaking above $1.05, the next move is up. Target $1.20, then $1.50, then $2.00. WHAT TO WATCH TODAY AND TOMORROW: 1. Does LLD hold $1.00? – This is the key level. If we hold, the reversal is confirmed. If we break, the reversal is false. 2. Volume – Is volume increasing on the upside? That's confirmation of the reversal. If volume is low, the reversal is weak. 3. RSI reversal – Is RSI reversing upward from oversold? That's a buy signal. That's confirmation of the reversal. 4. MACD crossover – Is MACD crossing bullish? That's the signal for the next move up. 5. Break above $1.05 – If we break above $1.05 with volume, the reversal is accelerating. That's the next target. THE TECHNICAL SETUP: Here's the setup for the next move: Bullish Scenario: - Hold $1.00 - Break above $1.05 - Break above $1.11 - Target $1.20, then $1.50, then $2.00 Bearish Scenario: - Break below $1.00 - Break below $0.95 - Target $0.85-$0.90 Most Likely Scenario: - Hold $1.00 - ...
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