chad.
@chad_ventures
Creator of the Meridian System | Technical Analyst covering Stocks, Crypto, Indices, Commodities & More
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No shit. 🤣
JUST IN: Anthropic says they’re highly profitable if you take out some of their biggest expenses.
If I was October
I would be very uncomfortable with so many men looking for an entry
There are people who would complain about me using the words "if successful" in the context of backtesting $73,000-$72,000 zone on $BTC.
But what else should I say, honestly?
Do I know whether price will backtest that zone and react upwards?
No.
Does anybody else on here know?
No.
So why should I leave out that there has to be a successful backtest, meaning some kind of reaction there, that confirms this level holds as support?
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A mere backtest of the 0.75 level on $BTC daily chart.
Is that all bears got?
Otherwise, a backtest of the $73,000- $ 72,000 area would still be bullish if successful.
A mere backtest of the 0.75 level on $BTC daily chart.
Is that all bears got?
Otherwise, a backtest of the $73,000- $ 72,000 area would still be bullish if successful.
Anymore questions on how irrelevant the Clarity Act is?
$ETH
The S&P-500 has now gone 27 consecutive sessions without a greater than 1% intraday band.
Crazy quiet given everything going on. Likely snaps the streak soon.
Best description of $COIN! Hahaha
@chad_ventures Coin will make sure people have white hair or no hair at all:)
Look
I don’t want to sell low either
But I need to raise cash so I can buy higher
Oh no. Jim is now ruining the whole market instead of just one stock at a time.
oil goes down, rates go lower, market goes higher...
Super noisy day tomorrow. Prepare for volatility
Holy jam packed day tomorrow.
FOMC + Rate decision on the table
$IREN still needs to break $47 for the Meridian North Star signal to play out on the weekly.
Now back at the $41-42 shelf. Will it find support there or visit the 30s again?
$IREN still needs to break $47 for the bullish Meridian North Star signal to play out on the weekly!
That's the most important level I'm watching
#Ethereum#'s next directional move has yet to occur, as the daily Bollinger bands remain extremely tight and have not yet started expanding again.
#Bitcoin# doesn't care
Healthy! bitcoin:native
JUST IN: 🇺🇸 $300,000,000 worth of crypto longs liquidated in the past 20 minutes after US Senate fails to advance Crypto Clarity Act.
$SPCX Daily chart with the chart indicator system by @chad_ventures
Unfortunately, that North Star signal on the weekly chart worked quite well on $Oil
Didn't expect that, to be honest.
$IWM losing the 1.414 log Fibonacci level, not the best thing.
Weekly Bollinger bands squeezing, so I could imagine a bit more down and then up alongside BB expansion.
Or lower bound => upper bound => baseline (blue), Cat's @cantonmeow infamous BBC pattern.
Let's see!
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$SPY weekly
arrived at the upper bound of this ascending triangle
important support for a potential bounce
Never thought that $COIN would once act like a "Safe Haven" on another "Black Monday"
$IREN still needs to break $47 for the bullish Meridian North Star signal to play out on the weekly!
That's the most important level I'm watching
