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This weekly Gann square for $MSTR shows that price needs to flip $190 back to support for a bottom to be confirmed
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$SATL Weekly Gann square 2 options 1) Reclaim the angle next week, resume the uptrend 2) Steeper decline towards the $4 area to potentially backtest the 0.618 log Fibonacci level Given the toppy look, I'm leaning towards the second option for now and derisked my holdings on
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$HUT arrived at the Gann arc, with the upper bound acting as resistance for now A breakout would be extremely bullish and likely to enable a move to $100+, but resistance is resistance until proven otherwise, and spending some time consolidating inside the arc would not be
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Chop chop squeeze squeeze but not looking bearish at all given prior squeezes with successful 4-hour 20SMA retest. #Bitcoin
BTC1.17%
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This month's $SPX candle reminds me of November 2020. In both instances, we've had: - A steep, quick selloff - A strong recovery, followed by a small cooldown - A bullish engulfing monthly candle What do you think?
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$BTC daily, Ichimoku cloud shown Is this really the same as the last two times? You tell me.
BTC1.17%
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People need to rewire their brains to chase stocks at support, not at resistance.
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$RIOT Weekly Gann Square It'll be important to see whether the Gann arc resistance can be breached next week
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$NVDA Weekly Gann Square In theory price still has room to run until it approaches the next Gann arc around $220, which could then act as resistance. $180 as main support below.
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$CLSK Weekly Gann Square Solid week, found resistance at the angle. It'll be important to stay above the 0.618 log Fibonacci level at $12.56 next week for a chance to break this and the Gann arc resistance above A breakout of the angle + arc could signal the start of a larger
ARC1.33%
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$MARA Weekly Gann Square Breakout + backtest setup at the Gann arc, remains to be seen whether there's follow-through, given price didn't manage to go any higher than last week following the breakout.
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2022 and 2026 are also not expected to be similar regarding IPOs.
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daily Bull Market Support Band*
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I understand if people would be upset because the Bull Market Support Band backtest wasn't successful. Or if the 0.886 log Fib wouldn't hold. But neither is the case, so?
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Why is everyone so upset with $TSLA again today? So far, it's just a breakout + backtest setup at the weekly Bull Market Support Band, which provides support during bull markets. Price is also holding above the crucial 0.886 log Fibonacci level at $353.
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$SATL daily Bull Market Support Band holding as final straw for now, needs to be breached in order for a deeper pullback to become likely.
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Nobody is always right. And one should unfollow every finance influencer who claims the opposite.
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Retail sentiment is one of the best indicators! $AMD
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$SATL is looking like it's topping out for now.
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