This is solely a technical analysis post but includes some notes from last weeks Glassnode newsletter.
From a technical analysis, if you followed from last week, we posted an idea regarding a BTC long setup with BTC bouncing off the lower region of a major support level. We saw this idea did not pan out with catalyst events with the Fed announcing inflation being...
See text note on chart.
-Price has landed in a major fib level, on a major upward support channel. Seeing a LONG push up to $70k for December. BTFD!!!!!
$RBLX is looking at a average Analyst price target of roughly $114.80, with a possible fall of 10% if we are looking at the analyst rating as a reference. www.tipranks.com
There is a new channel forming which price can bounce around in if we cant break the resistance level that has been touched multiple times (see blue circles on purple resistance line).
There...
We also still have the Republican legislation bill that is still in motion, initial reports of this bill were on the 15th, but no news yet on when they expect to vote on this bill.
finance.yahoo.com
Today, noticed a 12 Put sizzle index compared to just 1.7 on Calls.. we expect to see a move down to the green buy region. When CGC announces new CEO and key...
Chip Shortage is going to have a negative affect on earnings. Going for psychological levels of $45 and $40 and a dump either right before or right after earnings (volatility crush).
After the recent SEC news that they may come after HOODs most crucial methods of gaining revenue, profit from order flow, I am buying puts towards $40. As we can see from TA, a bearish flag is forming. Looking for take profit levels shown by the percentage projection markups.
