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VRTX Attempting a Bullish Breakout
VRTX has formed a bullish breakout above this light blue trading channel. VRTX is trying to flip the light blue trendline from resistance into support. I would monitor for support around $450, if the support level doesn’t hold VRTX can break down to the lower end of the channel around $350. Follow me on social […]Read More
PEPE Trading Near Resistance
Recently Coinbase and Robinhood announced that they are finally listing PEPE for trading. I think this listing usually causes a lot of dumb money to flow into the asset so I would be cautious here. PEPE is trading near resistance around $0.000022290. I think the likely scenario is PEPE does experience some upside for about […]Read More
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