dawsonMoonshot

dawsonMoonshot

I really like this token, but until bitcoin and the greater crypto market can find its legs, BINANCE:CAKEUSDT (the native token for everyone’s favorite DEX) is likely to struggle and at least retest the $1.50 level.

dawsonMoonshot

NASDAQ:ABNB Doomed: Stock to $50 (-50%) Occasionally in your career, you get a really clear signal. The technicals, fundamentals, and narrative all line up perfectly. I dislike this company, its business model, and the fact that it enables even more Boomers and private money to take family homes off the market. The hosts are adversarial, controlling, and almost...

dawsonMoonshot Updated 

After an epic run NASDAQ:NVDA appears to be testing its uptrend from April (green line), we could see a bounce but with the gaps present in the chart, I see a cheeky short to previous support around $100 (white line). RR is low, this is just an attempt to feel out this contrarian take.

dawsonMoonshot Updated 

While we wait to see this larger triangle (in white) play out, I see an interesting potential short on Coinbase. It looks to me that despite an arguable crypto bull market, Coinbase might need to retrace and set some new bullish technical structure -- perhaps an inverse head and shoulders, or bull flag -- before moving up later this year. Momentum indicators also...

dawsonMoonshot

COINBASE:AEROUSD Finance (by request): This altcoin is an AMM for BASE ( NASDAQ:COIN ). We rejected from the $1 level at the channel bottom as anticipated. This month I hope to see us set a higher low, against the $0.40 cent bottom in July (blue half-circle, around $0.55), ready to re-test the $1 level by the end of the month, assuming CRYPTOCAP:BTC can find...

dawsonMoonshot

Medium bullish take: OANDA:XAGUSD is trading around the $30 price level for the first time in years. Is there a trade here? Could we see $40 by EOY? Let’s draw some charts: We're trading in a Bullflag at the $30 level Triple top, we're not quite ready to hold above the level Find nearby price targets Establish long term support lines Use momentum...

dawsonMoonshot

Love TVC:GOLD , stocks, real estate? Well I'm about to make your day. TVC:DXY is strolling into historic resistance at 115. On the WEEKLY timeframe, we have two conjoining forces: A major resistance from the '85 high of 160 (in yellow), and a triple top high of 118 during the early '00s(in yellow). We're also riding the bottom support of 104 in our current...

dawsonMoonshot

After some over performance in early July we set a Bullflag last week around $65k. Don't get shook! This time last year, in 2023, we had a long period of consolidation March-October (in white) before rising above the $30k level. This year, summer of 2024, we're rhyming. Bearish? CRYPTOCAP:BTC needs to lose the $60k level and hold us below it for at least a...

dawsonMoonshot Updated 

Binance token is poised to smash through its recent ATH of $700. Rivaling NASDAQ:NVDA YTD performance- with none of the momentum risk. This company is extremely well positioned for the bull run and has been basically up only since resolving the CZ verdict. Most Americans retail investors are unaware of this company or tone deaf to the opportunity. New charts this week!

dawsonMoonshot

After breaking our series of lower highs we've pumped and are beginning to form a Bullflag @ the $BTC:65K level. This gave us a clear technical entry and a nice RR, price target. Medium Bullish take: We trade in this pattern through the week, let the momentum indicators rest and then retest the $70k price level by the end of the month. To flip Bearish we would...

dawsonMoonshot

TVC:GOLD is at all-time highs but remains significantly undervalued. This is evident both in the price action on our charts and in the changing geopolitical landscape, which impacts our financial tactics and the price action we expect to see in the coming years. Fundamentals : We must consider the actual and increasingly perceived risks to USD currency hegemony...

dawsonMoonshot

Quick CRYPTOCAP:BTC price action on the weekly chart. Technically speaking, we're looking to set a local low. Fundamentally, we are suffering from FUD around Mt. GOX coins and other institutional holders, like Germany. It’s only a few days worth of aggregate volume but the specter of a dump is spooking the market and encouraging the bulls to wait. To me,...

dawsonMoonshot

Precious Metals bulls: Platinum may be a sleeper. Gold and Silver strength makes the Platinum setup very juicy. Platinum looks set to break its chains and begin its move to retest the $2200 highs from years ago. Given geo-politics and inflation expectations, the bottom may be in.

dawsonMoonshot

CRYPTOCAP:PEPE technicals are very bullish. One of our DAO contributors shared this TA with us... "Volume could be higher but unless Bitcoin drops significantly, a CRYPTOCAP:PEPE 2x is almost baked in. This is just an idea to consider with no date on this price target, but given the previous price action, before July wouldn't surprise me."🚀

dawsonMoonshot

Redmane: They are over extended on homes built and going to be forced to sell at a loss with rates climbing and people's buying power dropping. Dawson's notes: 1) Zoom out we're in a large channel with good support at $27 (yellow) 2) The 21 day ATR is between $40 and $33. 3) Price is right against resistance at the $38 double top, which is also the midpoint of...

dawsonMoonshot Updated 

Bulls look strong this morning, we're cresting and over-performing the falling wedge top ~$36k(purple) . 4H momo remains bullish I think we'll see price repeat the bullish structure from the beginning of June (blue circle) up to $38k, as called before. $45k mid-July seems ripe

dawsonMoonshot

After an Earth shattering charge to 45c, $doge is at a decision point with Bullish momentum. IMy Fib is from $0.10 -> $0.44c. We have some sell pressure coming in but I see this tasty long ~60% confidence and >2RR

dawsonMoonshot

bear case; continues down the channel bull case; it breaks 15m structure holding support from 4h lows and move up