Moon_Rocket_Capital

Moon_Rocket_Capital Updated 

𝐁𝐓𝐂 𝐇𝐀𝐒 𝐅𝐋𝐀𝐆𝐆𝐄𝐃 𝐀 𝐁𝐄𝐀𝐑𝐈𝐒𝐇 𝐃𝐈𝐕𝐄𝐑𝐆𝐄𝐍𝐂𝐄 𝐎𝐅 𝐓𝐇𝐄 𝐃𝐀𝐈𝐋𝐘 𝐂𝐇𝐀𝐑𝐓 - 𝐀𝐑𝐄 𝐖𝐄 𝐀𝐁𝐎𝐔𝐓 𝐓𝐎 𝐂𝐑𝐀𝐒𝐇? For 6 months, this rising channel has given a strong framework for BTC to regulate it's growth. However, we are now flagging 3 consecutive higher highs on price; with 3 lower highs on RSI. So surely, we are about to crash - right? Unfortunately it's not so simple. If it were,...

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𝐅𝐀𝐀𝐍𝐆 𝐢𝐬 𝐚 𝐬𝐥𝐨𝐰 𝐛𝐞𝐡𝐞𝐦𝐨𝐭𝐡; 𝐛𝐮𝐭 𝐢𝐬 𝐧𝐨𝐰 𝐚 𝐠𝐫𝐞𝐚𝐭 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐟𝐨𝐫 𝐛𝐮𝐲 𝐢𝐧𝐭𝐨 𝐢𝐭? The blue lines show the short term channel that has been forming over the last 6 months; and we are on a collision course with the bottom of the larger 2 year channel. The RSI is at a low point, which has traditionally signalled a bounce as well. Whether adding exposure through tech ETFs,...

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𝐁𝐔𝐋𝐋𝐒 𝐅𝐈𝐍𝐀𝐋𝐋𝐘 𝐋𝐈𝐆𝐇𝐓 𝐀 𝐅𝐈𝐑𝐄 𝐔𝐍𝐃𝐄𝐑 $𝐂𝐆𝐂. After volatility pushed the price below the channel, we managed to close largely within the expected channel range. Blue lines represent +/- 3 deviations; suggesting that the recent drop could be a whipsaw reaction to the overly bullish push last month. This is still a GREAT setup for upside potential.

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𝐓𝐄𝐒𝐋𝐀 𝐇𝐀𝐒 𝐑𝐄𝐂𝐎𝐕𝐄𝐑𝐄𝐃 𝐁𝐀𝐂𝐊 𝐈𝐍𝐓𝐎 𝐓𝐇𝐄 𝐂𝐇𝐀𝐍𝐍𝐄𝐋! A 30% correction in price seems to have shaken out enough hands to bring willing buyers back into the fold. Last week, we suggested that a break of the falling resistance was a good indication of the trend turning back bullish, and now that has occurred we can be - cautiously - optimistic about a return to 'normal'...

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𝐍𝐂𝐋𝐇 𝐇𝐀𝐒 𝐑𝐄𝐓𝐄𝐒𝐓𝐄𝐃 𝐓𝐇𝐄 𝐌𝐈𝐃𝐃𝐋𝐄 𝐎𝐅 𝐓𝐇𝐄 𝐂𝐇𝐀𝐍𝐍𝐄𝐋. It looks like we have seen a good solid breakout on NCLH. The price crashed below $27; however the daily never fell below the mid point of the channel. Volume is also holding strong, so bulls should take interest because there is a LOT of upside still left in these stocks...

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BTC has crossed back over the middle of the rising channel. Hope you bought while the getting was good. #crypto

Moon_Rocket_Capital

𝐓𝐒𝐋𝐀 𝐀𝐮𝐭𝐨𝐩𝐢𝐥𝐨𝐭 𝐬𝐭𝐮𝐜𝐤 𝐢𝐧 𝐫𝐞𝐯𝐞𝐫𝐬𝐞? Obviously by now we have broken below the channel, though the yellow circles shows that we have a history of breaking the channel but a further continuation. But for now, the channel should be respected and position size reduced at the break. The rising blue line is the -4 deviation on the rising channel. The falling blue ...

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𝐂𝐎𝐔𝐋𝐃 𝐂𝐆𝐂 𝐁𝐄 𝐌𝐎𝐑𝐄 𝐒𝐓𝐈𝐂𝐊𝐒 𝐓𝐇𝐀𝐍 𝐁𝐔𝐃𝐒? The price as closed below the rising channel; however $30 horizontal support is yet to be touched. Given where the RSI is at the moment, and with that support - it should be reasonable to expect a recovery bounce is due. Alternatively, a close below that key support is going to create some selloff pressure.

Moon_Rocket_Capital Updated 

𝐇𝐀𝐒 𝐓𝐇𝐄 𝐓𝐄𝐒𝐋𝐀 𝐓𝐑𝐈𝐏𝐋𝐄 𝐓𝐎𝐏 𝐂𝐎𝐍𝐂𝐋𝐔𝐃𝐄𝐃? 2 weeks ago, we questioned whether TSLA was about to enter into a sharp pullback. Now that the price has fundamentally returned to the lower bounds of the channel, it is the perfect time to ask a new question: Is Tesla Dead? The answer is: Of course not. That being said though, it is important to understand that we are...

Moon_Rocket_Capital

ZIL has consistently shown support at the -1.5 point in it's rising channel over the last 6 months. This is the tightest downside falloff of all the majors; though it's unclear how long this can last. For now, it's nicely positioned to a lot of upside potential. #crypto

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XVG looking ready to turn the corner after touching the bottom of the rising channel. #crypto

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MONA is sitting nicely in the lower portion of the rising channel. This is well worth watching, and if you are an aggressive trader - it may even be worth taking some additional risk here... #crypto

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Is $DGB a deadcat bounce or the beginning of a trend? It's too early to say - though more aggressive traders could find a significant win here if they are willing to take the additional risk. For me, I'd prefer to wait. #crypto

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Much like $ETH , LTC seems to need a little more room to move in; so the channel has been extended to +/- 2.5 deviations. Similar overall pattern to the other major crypto charts - so we should expect the little brother of BTC to move in sync. #crypto

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ETH came perilously close to the cut line @ -3 deviations; but this is why we give these trades room to breathe. ETH has been slightly more volatile than BTC, so a +/- 2.5 channel seems to be a stronger bounds for this chart. Lots of upside here if it plays nicely. #crypto

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BTC starts the week & month off with a nice healthy bounce off the bottom of the channel. Did you buy? #crypto

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𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐋𝐎𝐎𝐊𝐒 𝐅𝐎𝐑 𝐒𝐔𝐏𝐏𝐎𝐑𝐓. Bitcoin continues to follow the rising channel nicely, capping out a little below the top of the channel before entering into a sharp retracement. Despite a lot of the rhetoric going around social media; BTC has been increasingly controlled in it's behaviour in recent weeks. This is vastly more likely to be a buying opportunity than...

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𝐈𝐒 𝐍𝐎𝐑𝐖𝐄𝐆𝐈𝐀𝐍 𝐀𝐁𝐎𝐔𝐓 𝐓𝐎 𝐒𝐄𝐓 𝐒𝐀𝐈𝐋? Since the start of COVID, NCLH has seen it's value halved. During it's recovery phase, $30 has been a point of rejection on 2 previous occasions. With today's close above $28, the price has come from a much higher base, which should - in theory - give a much higher chance of finally breaking through the resistance. This isn't...