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OTM

Is BTC Going To 70k By EOY? Here's What I think. Good afternoon traders, I hope everybody's week is off to a good start! So, I was perusing around the markets looking for my next play and I came across BTC's weekly chart and I couldn't ignore this gem. I think that we are sitting in the short term bottom of BTC and that it's very likely that we will see another rally into the end of the year. That being said, I know that the markets are crazy right now due to recent events, inflation, etc. However, from a pure TA standpoint I think that this is an absolute layup when partnered with BTC backed stocks such as $MSTR and my personal favorite $RIOT. We can see that we are beginning to cup in the weekly and hovering around our established support levels (typically indicative of an incoming uptrend and EMA cross).The circles on the RSI highlight a pattern that I've noticed. As you can see the last 3 times RSI entered this level it rallied the following days / weeks. Could be a coincidence but I figured I would explain my thought process. I've noticed that $RIOT tends to almost always correlate very closely with BTC's movements even on a daily basis and we could grand slam some cheap calls down the road with them if we can see a similar pump to what we saw in Feb. - Mar. 2021. I will be looking to load up on cheap OTM calls on both of these stocks both within the Jan 20th 2023 options chain. (This is my opinion only, not financial advice. DON'T copy me) Thank you guys for all the support so far, and let me know if you'd like to see more of my ideas within the crypto space as well. -Flippa.
BITSTAMP:BTCUSDLong
by Premium-Flippa
Safe OTM Call?I love OTM calls because I do not have a tone of money to invest and they are basically low risk & high reward. By low risk I mean you can only loose the small amount of money you put in while the return could be double or triple your money. Using TA software like tradingview & their algorithms/scripts created by TA geniuses has been my biggest success. What is your favorite script? Comment below Mine is Divergence+ which offers insanely accurate buy and sell signals based on divergence & also shows divergence in the form of a shadow. The Kurotoga cloud is also one of my favorites because it shows an accurate support/resistance level. It is most accurate on higher time frames. Check out this call for Restaurant Brands to hit $65 a share. I'll let you do the analysis Comment your thoughts below
NYSE:QSRLong
by Myantman101