Roblox problems 1. MMO Platform - Admin cannot faithfully & confidently moderate the expansive player base. Although majority of incidents will remain isolated & unheard of it's only a matter of time until a full scale youtube expose campaign runs viral through the inter webs & presents a critical flaw in the chainlink of Roblox accountability + safety. 2. The...
large risk as a MMO being a publicly traded asset.
KNC has very strict behaviour from it's respective market makers in terms of respect to most traditional technical indicators If the regression channel doesn't allow for a major move to the upside (and if bitcoin can continue ranging) I could see a tap on the fibs lowest level to initiate a move to re-test demand the local low set a few days back during terra...
bitcoin is looking to break down through support ---- but... has an interesting fractal from the move off the local bottom
dxy down - euro up (obvs) more or less tryna confirm dxy short term break down
Cutting majority in this range here (30.4k - 31k) Can definitely go higher as indicated in the fractal but I'm content cutting 60-80% of position in that range-- Given the high potential of a local low re-test at any time from a news driven event or devious mm's - rest rides add lower above last add (28.6k) Ideally hold above 29.3k while adding to keep fractal...
btc spot sells on bfx being hedged on perps in size see spot volume on bottom correlating with large contract opens on the top chart (bfx longs)
Bitcoin typically chops in a small range after a down move like that Would make sense if it gently walks itself into 1, 2 or 3 resistance line instead of driving hard to it then price can directionally pivot from there with volume 20 some odd days if price is at top of range 40 some odd days if price is at bottom of range
interesting correlation between the vix & brent crude with economic recessions & "booms" through the years
Zoomed out perspective with tech bubble - 2008 fractals precariously placed idk - lets break that wedge innit m8
SPX playbook part 1 Either chop in this wedge for a break to the upside - or total failure and we go 2001 - 2008 style widdit m8