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Pelosi

⚡️ #BTCLIVE - 02/08 ⚡️⚡️ #BTCLIVE - 02/08 ⚡️ 70:30 Bearish:Bullish At the start of the day I would have been more split in the decision between bull:bear sentiment. Although with the announcement of the WBTC and WETH hacks along with Pelosi visiting Taiwan that may come to nothing - but with everybody already so on edge I feel this will knock the markets on a wider scale at least on the short term. With so little information it is easier to assume the worst. Bearish Scenario Breaking down below the 20DEMA at approx. 22.5k will likely see a bigger drop to the lower long term range at about 21.3k - where it will be make or break as breaking down can see a longer term bear flag form and then it will be blood on the streets again with sub $20k back on the cards Bullish scenario With a new smaller CME gap set up at 23.7k and the weekly pivot filled along with a potential bounce off the 20DEMA we can see this scenario play out although it is likely we will need to bullish news to fuel this which there really isnt atm. If we do break up and break out of the range at $25k onwards then the higher CME gap at $27.3k is the target here. Volume is descending and we are consolidating in the short term right now so the next move is going to be quite big and fast
by Kryptochristian
1
$RBLX Roblox gap close and go ? Roblox has caught some attention after reports showed Nancy Pelosi (greatest trader of all time ;) ) purchased JAN 23 $100 Call options back in DEC. I like it because it appears to have completed it's downtrend , although not yet confirmed, since closing the NOV gap and putting in a higher low so far. With heavy resistance at $95, bulls aren't out the woods yet... lot of supply above. Technically there is major BULLISH divergence on the CMF indicator implying smart money is buying the dip. With a decent VP void above an idea would be : SHORT TERM - trade up to the $95 resistance LONG TERM - Follow the Trade Guru Pelosi and go Long leaps JAN $100 Calls, then sell shorter term calls against it on the up days (diagonal spread) Fundamentally their revenue is projected to grow to almost $5B in 2024 and the average analyst PT of 11 analysts is $117 a share (well above the current price of $89 a share). Let's see !
NYSE:RBLXLong
by FriscoTrades
5