Crypto Theme Ready to Move?

Richard Moglen
Richard Moglen

Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue

Market Trend Status
Trend: 4 of 4 UP
✓ 10 EMA ✓ 21 EMA ✓ 50 SMA ✓ 200 SMA

Market Action

Crypto theme maybe waking up and starting trends. Mixed action still in the mega caps. The QQQ is up agains the unfilled gap. Bulls want to see us push through that. Bears want to see churning action or breakdowns.

QQQ
Up against the unfilled gap area.
IWM
Trending. Up most of the past few days
IBIT
Interesting. Popping above the bottoming base pivot after a higher low and tight area.

Trends 4/4 Up – based on the QQQ

Shortest – 10 Day EMA –   Above
Short-term – 21 ema – Above
Intermediate term – 50 sma – Above
Longterm – 200 sma – Up – Above Rising

Current View: Developing Uptrend

Groups/Sectors

Deepvue Theme Tracker
Bitcoin miners leading
DV Leaders Heatmap
S&P Heatmap

Leadership Stocks & Analysis

TSLA
Tight day below the 21ema. Watching for a reclaim
GOOG
Fade off highs. Trending
AAPL
Looks to test the 10ema
META
Follow through lower.
AMZN
Follow through down after the fade. Testing the 10ema
INTC
Reconfirmation higher. Very strong the last 3 weeks since the Dec 24 Oops reversal.
PLTR
Tight below the 21ema. Watching for expansion
NVDA
Stuck in a range the past few days. Watching for expansion through the level
MU
Slight downside reversal. Trending
BE
Fade at the highs area. Ideally builds a handle
LLY
Tight below this level. Expecting expansion
MSFT
Still just building out in this bottoming range. likely needs a catalyst to get going
RKLB
Trending, building a short range above the 10ema
SNDK
Tightening in its trend, not a lot risk area for me

Key Moves

TTMI
Strong gap and go
MRNA
Strong breakout from the bottoming base. This is not a proper cup and handle as those require a prior uptrend.

Setups and Watchlist

TLRY
More monitoring this. Very news driven. Refused to fill that gap
ELF
Watching for a bottoming range breakout into the 200sma
NAVN
Watching for a bounce off the 10ema and range breakout
INOD
Watching for a range re-breakout
CUK
Shake and recovery. Watching for follow through up
RIVN
Watching for a 21ema reclaim
NTRA
Watching for follow through up from the inside day

Watchlist & Themes

Larger Watchlist

TSLA NVDA LLY TLRY ELF NAVN INOD CUK RIVN NTRA

Daily Focus List

TSLA RIVN INOD NAVN NTRA

Universe List

AAPL ALAB AMD AMZN APLD ARM BABA BE BKKT CCJ CLSK CRDO CRS DELL FIX FLS FSLR GGAL GOOG GOOGL GRAL HOOD HUT INSM INTC LEU LMND MELI META MSFT MU NBIS NET NIO NVDA OPEN PATH PLTR QCOM RGTI RKLB RMBS SHOP SNDK SNOW SOUN STNG STRL STUB TAC TEM TER TWLO VRT MDGL RIVN SEDG TDC VCYT U QLYS NXT DDOG METC TXG ASTS CRWD FLY CSIQ RDDT ANF BTU FROG LRCX LUMN REAL UPWK VICR SANM INOD GSAT JAZZ APPN COLL ESTA SMTC DOCN TSLA DY GEV WGS AMTM EGO KSS FLNC CIFR AEIS BKV LSCC EOSE PL TVTX PARR SEI LLY HCC CLS TTAN HOUS RGEN MDB GEMI YOU HNGE TARS COCO GH NTRA LLY ATRO COIN COMP TXG AMKR PL ZIM SPHR NAVN KRYS LMND MTSI AMR

Recent Gaps

AKAM AMD AMGN AMZN ANF APPN BBAI BE CAH COHR CRS DDOG DOCN DY EXPE FLS FROG GCT GGAL GH GTX HAE HCC ILMN INTC ISRG LC LMND MEDP NET OPEN PAM PBF PEGA PGNY PLNT QCOM QLYS RDDT RIVN ROK SANM SITM SLDP TDC TWLO TXG U VCYT VIAV VICR VIST XMTR YPF AEO FROG CRDO MDB CRDO AEO PATH PL PLAB MSOS TLRY PL MU

Additional Thoughts

Crypto theme may be getting started, it still has work to do and COIN MSTR are low in their bases

Recent Trade Lab Reports

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