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$RKLB Monday is a big day on the chart for $RKLB. It is looking to confirm inside the channel (closed on it Friday), break above the diagonal resistance, and also get above the EMA50 (orange). A close of $50+ would achieve all that. EMA10 very much pointing up now.
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$BTC a constructive close right on the EMA10 and comfortably above the SMA20. However, a small CME gap has been left at $89.4k. A quick sweep down to fill this gap, maybe as low as $88.7k (liquidate longs), would be healthy and remove a lot of the downside risk IMO.
BTC3.12%
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$BTC dump and take out leveraged longs. Rush up and take out some leveraged shorts. Leverage longs jump in at $90k again (LOL) and would you look at that, they have been cleaned out again. This liquidity hunting will stop at some point but for now, its the prevailing move.
BTC3.12%
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These hype posts are all well and good as long as you are happy to provide some reasoning behind the targets and be held accountable for the calls. Otherwise, like Dr J Rould said, they are just engagement farming. Continually check the calls from those you follow 🧐
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$BTC I am not a fractals guy at all. However, the correlation between price action and Stoch RSI from late June / early July and the current correlation between the price action and Stoch RSI is incredibly similar. - Capitulation style low - Strong recovery - Consolidation -
BTC3.12%
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A lot of chatter about $OPEN over the weekend and the chart looks interesting. After recently breaking out of a medium term triangle, $OPEN finds itself at a decision point on a short term triangle too. The EMA10 EMA20 and EMA50 are coiled tight between $7.23 and $7.40, with
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$CAN hasn't been able to string back-to-back closes together above the EMA10, which is needed. However, perhaps more importantly here is a close above the SMA20. As you can see, it is providing strong overhead resistance for $CAN at the moment. With a strong base being formed
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A bit of a weekend pump on $BTC again, which haven't been all that trustworthy of late. However, this one has come earlier in the weekend as other recent pumps have come late Sunday. Price is back above the key downsloping trendline. Will be interesting to see if we get any
BTC3.12%
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$CIFR still looks strong and better than many other miners here. EMAs are in bullish alignment and price came back to the EMA10 on Friday and had a strong bounce. The Stoch RSI has seen another %K over %D cross. $CIFR rejected at the key $19.61 again, a level I have talked
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My feed has been full of people complaining about $ASST, and it is sad because I have cautioned about this over the last month. Anyone pushing $ASST over the past month has been hyping for engagement, without acknowledging how the market is now viewing $BTC holding companies.
BTC3.12%
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$PATH after spending a lot of the day above $18.70, it is no surprise at all to me that is closes on this level. It needs to convincingly break it on Monday. But I don't think it will. With the Stoch RSI still at 100/100 on the daily, I believe $PATH is coming back to $15.20.
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$CAN Weekly Is Holding, Forming a Higher Base💪 A lot of people disheartened with $CAN and thinking it will do nothing from here, and that may well be the case. However, if we zoom out to the weekly, something significant has happened with $CAN. After dropping the $0.90 level
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$ONDS Massive Weekly Close and the stock is just getting started 🚀🔥 $ONDS gets the weekly close above $8.10, after rejecting it the previous 2 weeks. And wow does this weekly chart look good! A couple of things stand out and the first one is pretty obvious, the volume. It
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Which of these companies is most likely to be added to the S\&P500?
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Update on these coiling charts 📈 $BITF looks ugly, has completely blown out the bottom. Needs a close above $3.13, but that feels very unlikely here. -15% on the week and losing all the short-term moving averages. $CIFR looks fine. Down to the EMA10 for a bounce, up to the
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$BTC got to hand it to MMs, damn they're good! Liquidated the leveraged longs at $90k just minutes before the PCE data was released, which ended up being positive. That is clinical execution.
BTC3.12%
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$ONDS if momentum continues and the market has a risk-on rally with $IWM breaking out (looking more and more likely), then $ONDS can go a lot higher! $11.70 is the major level and breaking that also unlocks the next move higher 👀
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$LUNR I have said for a while now, break the resistance at $9.56 and it should rip, given the moving averages were so tight and it rejected at that same level so many times. On Tuesday, I shared that there was no room left in the wedge so Wednesday was the decision day, and sure
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