Algo_Edge

Algo_Edge

Update to the idea shared a couple days ago. Our liquidity indicator was calling for longs on SMCI and we are now getting that play-out as its breaking above 800.

Algo_Edge

BTC offering a decent risk reward here post CPI. Its retested its H4 200 EMA which is fairly respected on the pair. Our premium indicator has also shown a reclaim of support.

Algo_Edge

PEPE looks interesting for bids before FOMC. Perhaps we get a scam FOMC wick and then some recovery. PEPE lead the market out of its latest correction and we would expect it to continue to be an out-performer if the market sticks this move. Our premium indicator is also printing a dark blue long candle on the daily (the candle hasn't closed yet), and the H4 trend...

Algo_Edge

AMC coiling here near a key moving average after pullback from its initial move. Our premium indicator has giving 2 blue continuation signals + GME looks to be in a similar position. Besides the risk of how volatile this name is, this play also has significant overnight risk. A realistic stop on the position is around 15-25% meaning the sizing has to be very low.

Algo_Edge

GME is the most talked about name in the market at the moment with the roaring kitty saga. We have it on high watch. Our premium indicator nailed the initial move and gave two blue continuation bars which captured the last move. Although we believe the "squeeze" is likely through, we will be watching for another continuation setup to punt over the next week.

Algo_Edge

SG was a textbook continuation setup that we took last week. SG had a massive reaction to earnings in early May and had been flagging ever since. Our premium indicator printed a blue continuation bar and then the next day printed a continuation arrow. This combination of technicals with SGs relative strength compared to the rest of the market gave us the...

Algo_Edge

Our market structure indicator is showing a new bullish trend on STX after a 50% pullback. One of the better looking altcoin setups in the market.

Algo_Edge

My favorite crypto trade at the moment, long Sand short Gala. Both metaverse plays, Sand has clearly been the stronger performer. Gala is the worst coin in crypto IMO. The weekly chart looks poised for all time highs, and since it’s long short you avoid broader crypto risk.

Algo_Edge

Near Looking spicy, potential 200 EMA retest on 1H

Algo_Edge

MetaVerse trend has been in a strong downtrend. 4H trend looks to be reset with a sweep of the previous highs and rejection. 4.5 RR play. I am cautious though with FOMC we could see a lot of volatility. Personally not going to take any positions until later tonight.