IBIT is breaking out alongside BTC (obviously) this will be my new way of trading BTC, I have been waiting for this for years. If you look at my BTC chart this is the same idea. My plan: Bought shares of IBIT at open, will sell covered calls around 100k BTC Long call spreads Jan 2025 60/65$
BTC is attempting a breakout here on the four hour. My 100k target remains by next Wednesday. With IBIT options now live we have even more attention on this sector of the market. I have planned accordingly. BBWP is expanding, and stochastic RSI has reversed. My plan: BITX Spot shares to sell at 99k IBIT shares to sell covered-call as we approach 100k IBIT 60/65...
Avax is looking to break this range on this upswing as candles ride the EMA. Although the weekly stochastic is fairly high the BBWP is extremely low reading a low volatility. I would look for a surge of volume on a break for conviction. I say we at least test 43 in the coming two weeks depending on the surge.
ONDO broke a key resistance here at 98 cents. If this can retest a handle will be made for the huge cup which projects to 1.4$. The stochastic and BBWP have a lot of leg room here, RWA related tokens are on fire. I am adding.
BTC is at a pivotal fib range here and usually things that go to 90 like to climb to 100 for good measure before a correction. I added a fib extension here and you will quickly notice how nicely these fibs line up, this often happens in price discovery of an asset. The golden fib, "golden ratio" or 1.618/618 is noted here as a rejective area. The weekly stochastic...
I am long LNTH here, the company simply has outstanding revenue and earnings growth. They have Moat in the sense that they hold key radiologic products that are needed for a variety of patients. The pump and dump looks like a hedge fund, also with RFK taking health seat I believe the overreaction is apparent for many healthcare companies. The weekly stochastic RSI...
ONDO is my third pick for 2025 and I have started buying into this high, I do not care if the price drops by 20-30%, I cannot afford to miss this wave and these three I have identified as major players for the next year or so. I will add HEAVY if we get to around 80 cents, otherwise enjoy the ride and do not overthink.
OM is an absolute monster and I missed my entry. I will enter hard into this token if we get close to 2$. This token is hugely outperforming BTC and I expect this continue, this one one of my three picks for 2025.
Sui has decoupled from the regular crypto market and BTC. It is important to look at BTC pairs when evaluating what may or may not pump for alt season. While I may be entering on a huge pump and into highs, if you plan on holding for a few months to a year plus 15-20% moves mean nothing. I am starting my position now as I have identified this token as a mover...
As the BBWP heats up, I bet we print a red 95% sell signal soon. TSLA has produced two gaps in a row on the daily. I expect at least the most recent one to fill which I highlighted in the rectangle. No fundamentals have changed, this is pure and cult like hype. TSLA is probably my most profitable stock in my Hood account YTD, where I trade purely TSLL for...
I am working on learning this new indicator BBWP (courtest of Krown and Caretaker). This utilizes moving averages and momentum indicators. This indicator expands on bollinger band width. A 95% read on this means that the width is greater than 95% of lookback history, the opposite is true for 5% reads, this is great for spotting momentum shifts, and a broader view....
BTC is poised for a test at 80k very soon (next 10 days). I believe this will happen as the asset hits the prior momentum trend line (purple). I am working with a new indicator that Krown uses and I do like the layout and setup, its a more clear and helpful version of the stochastic RSI I use. We note a cross on this indictor and zoomed in both moving average...
MELI I have been watching for a long time. This dip is a great opportunity, the stock was testing a long-term channel breakout, now it falls to the median. Their earnings are heavily misunderstood. I believe they purposefully kept EPS down to invest in their long term payments business, they needed cash collateral for risk on debt they services, this debt is high...
Adding to my SUPER bags here as I consolidate some losers into winners. I am taking some AVAX, SEI and ROSE into Super today as it consolidates between these two fibs. Tokens that are lower lowers on the monthly vs. BTC likely will not move much compared to trending tokens. Super is my largest gaming bet, and now after these additions my largest altcoin holding....
BKGN has rather quickly hit the golden fib, a rejection candle arises. The stochastic and daily RSI are overheated. I expect a pullback to 4160. This would be healthy for future reasonable growth. Volume is also falling on average. The 5 EMA is also vert far from current price, the stock needs to revisit. I have seen many a titan reject at the golden ratio...
Hims is a position that has a lot of controversy but I am bullish. Lots of volatility rewards the patient. I have added a daily demand zone as we approach earnings and the conclusion of the election. We have already seen a very strong bounce from the buy zone and I have played my cards accordingly. I love seeing the stochastic RSI this low leading into earnings....
I love these demand zones for dip buys, you'll usually note that mostly wicks touch these but candle bodies closing within are usually great opportunities, or a sign that a longer time frame demand needs to be looked at. We see a very bottoming stochastic RSI here, and a completely loss of the 5 day EMA. My plan: Sell aggressive pivot point CSP here around...
BTC needed this reset imo, this will cool off the momentum indicators on the monthly and weekly as we run into elections. My plan here is to set limit orders within the buy zone indicated by the rectangle. The horizontal channel is forming and the blue 5 EMA is likely to be lost for a day or two, this is bullish consolidation. My plan: 1-2 days of bearishness...