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Bitcoin 2 Week Pattern Suggests Downside in Second Half of Nov
Bitcoin has been following a pattern of 2 weeks red, 2 weeks green since July 1st. The current 2 week candle closes on Sunday, and if this pattern continues the next 2 week candle is likely to be red. This aligns with my view that we are likely to see some downside headed into the […]Read More
QQQ Continues to Trade Sideways Below Resistance
QQQ has remained neutral since Nov. 7, trading sideways within a range below the yellow resistance zone. There’s still room for QQQ to trend up towards the resistance level around $518-519. This resistance increases over time so the price level will continue to change. I think QQQ is at risk of dropping, but likely the […]Read More
GME Starting to Rally
GME has flipped the yellow trendline from resistance into support, and after weeks of boring price action we are starting to see some upside. I have a resistance zone between $47.11 and $64.74 to monitor on the way up. As a reminder, GME tends to report very strong Q4 earnings. I think there could be […]Read More