With Griffain showing strength in last weekends headwinds, i saw this as an opportunity to average in to Citadail.
We are close to filling in the last meaning bearish fair value gap before a test at the equilibrium. I see a push to the premium zone of the next 3-4 days as their isn't much resistance beyond the equilibrium although we will see a lot of underwater wallets offloading as we approaching the back half of the run to the premium zone from the equilibrium. There...
With some of the best AI framework in the space and an actual user base, I see the SEED_TVCODER77_ETHBTCDATA:1B market cap being defended well when you have many other projects in the space at a 1/10 - 1/4 of the market cap without open-source frameworks. A lot of larping in the space and i don't think ai16z is one of them.
Bullish Divergence is showing on standard 14 RSI. Many of the bag holders that were underwater were able to exit on the 200M push and we should see a base from around this area before ATHs.
Very clean price action over the last 2 days. Looking for a push for the equilibrium.
CRYPTOCAP:XRP is starting to curl on the 1H chart in addition to a bounce upward in the regression trend.
LSE:TRB looking to break above the $148 level with RSI entering overbought territory. We could see some more increased volatility around that level.
This chart looks primed for the potential of a cup and handle formation. Another chart that is settling in nicely throughout the Gaussian Channel and EMA 12/26. The uranium stocks seem to have a lot of bull market left for 2024.
CRYPTOCAP:ICP settled nicely along the the EMA and Gaussian Channel. This looks to be a solid short term ascending channel. Bulls are gearing up for a break past the $16-$17 range, to apply the pressure. Looking into ICP's technology, it is nothing short of fascinating in comparison to industry competitors and worth another deep dive by all investors at current prices.
NASDAQ:CGC is looking prime for some volatility as we see other cannabis stocks looking to be in control by bulls.