I open my short here. Waiting since 2y for this moment. Log-scale. Above the long trend log line!
Chart showes RLC-Dominance against Alts. Regarding the open gap, which normally gets closed the RLC-Dominance needs to rise 475% to close it.
"Wicks and tails want to be eaten" - One of the oldest trading rules. I do not claim $7843. However,,, lets eat the wick a bit and we are all fine. IMO - There are some (more) % to make. Fundamental imo this is one of the best projects out there. Data centers are growing exponentially!!!! There is (theoretically) real need. Lets see some real adoption.
Aurora Cannabis (ACB) reached accumulation zone. Price reached a price where it became to risky to go short. After short comes accumulation followed by long. I'm not a Aurora costumer however I believe the legal market just starts to grow now.