Crypto Primed?
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
July 8, 2025
Market Action
QQQ – Tight day above the 10ema. We continue to trend
Bulls want to see us continue to form a range or push off the 10ema
Bears want us to break below the 10ema sharply
Daily Chart of the QQQ.
IWM – inside day, good action after yesterday’s bar
IBIT – Another tight day just at the pivot. Watching for expansion
Trends (4/4 Up) – Based on the QQQ
Shortest – 10 Day EMA – Above
Short-term – 21 ema – Above
Intermediate term – 50 sma – Above Rising
Longterm – 200 sma – Up – Above Rising
Groups/Sectors
Deepvue Theme Tracker
Deepvue Leaders Heatmap
S&P 500.
Leadership
TSLA tried to push higher. Gap continues
PLTR tight day off the 21ema
NVDA tight day in range
META In this range
HOOD downside reversal, on watch for follow through down or pos expectation breaker
MSTR set up here in a short flag on lower volume, watching for a push higher.
CRWD tightening
Key Moves
SOUN breakout
Setups and Watchlist
KRMN watching for a pop through the 21ema
CRCL watching for reconfirmation higher
LIF watching for a range breakout
COIN watching for a range breakout
HIMS watching for a 21ema breakout. On guard for follow through lower
ALAB pop through the 21 now watching for a range breakout
INSM watching for a range breakout
Today’s Watchlist in List form
Key Names
NVDA, TSLA, META, PLTR, MSTR, CRWD UBER HOOD
KRMN CRCL LIF COIN HIMS ALAB INSM
Focus:
MSTR CRCL HIMS ALAB
Themes
Strongest Themes: BTC, Miners, Software, Cyber, Nuclear Power
Market Thoughts & Focus
Tightening action, expecting expansion soon.
Anything can happen, Day by Day – Managing risk along the way
Recent Trade Lab Reports
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