Will we wick into the red zone?
This is my long term BLX chart. The basics are the curved logarithmic regression lines. Vertically the halvings are marked.
I haven't touched the full lines in quite a while, they seem to be holding up very well. Can you imagine someone trying to liquidate everyone up until 2x?
The red area looks the ultimate pain zone to me....
Resistance breakout with higher lows and higher highs recently. Company is enjoying success with expansion of its Niobe system products in France. There is a inverted head and shoulders reversal pattern.
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