A review of a previous gap trade on Hood, this one played out VERY well after that small bear flag. I try to mark my entries with dotted greens upon first posting trades to be transparent. I am looking to possibly enter hood again before earnings but I need to do some more charting first. Here you could see marked a 5% downside and 17+ % upside, this is the risk...
I think we just might have another leg here for a bull flag extension past a few targets.
Here we are, back to the prior momentum trend line, strongly above the golden fib. Will BTC be rejected at the next fib, or will we just blow on past 50k. -Bullish Thesis: Election year, btc etf, spx going to 5600 (obnoxious). -Bearish Thesis: BTC has never not had a harsh correction right before the halving in its history. We are WAY up from the lows....
SOL looks just like avax but a little weaker. I expect it to get back to the prior momentum trend line and continue onward. An altcoin rally has started and gaming is going to be a major theme. Sol will continue to do well, I just prefer avax over it fundamentally, and sei. I do have exposure though from selling my first bag of myro a few weeks ago. My first...
AVAX is back to the prior momentum trend line after the washout that alts saw. The token is one of my top 5 holdings and my strategy for this run is to take lots of my small cap profits into AVAX. I also plan on holding the majority of my stablecoins on the chain since they have native USDC. My medium term price target is 55$ right before the golden fib. There...
This is another visual of the 3 impending price targets I have marked for the short-term. I still expect super to lead the gaming run, we may be right at the start.
BTC approaches the bull trap idea I have been theorizing for weeks. I am eyeing daily OBV heavily here as well as Bollinger bands. It is very hard to tell where we go from here but we have never not had a 30-40% correction leading into the halving. The correction would be a healthy reset for a prolonged impending bull market. I am not shorting just yet, and if I...
Coin had a rather rapid washout landing in the middle of my two downside price targets. Thankfully I didnt short during my last short post as BTC pumped right afterwards. My dead cat bounce theory has not yet been rejected but it is getting there. I would need to see full bodied daily candles above 48k to feel like the upward run continues without a correction....
SUPER hit both price targets in one day, the next range I am looking to is 98 cents to 1.02$. I will be selling 10-20% of my entire long-term position in that range. I do still expect super to lead the crypto gaming run, that could be now, but you should never be afraid to take profits. This was a risky bet for me to average into so heavily during the first wave...
This is a weekly chart I have been publishing for over a year now, back before the handle was even starting to form. On the very long term picture BTC is clearly bullish, even if we flush down to 28k that will complete the handle for launch time. I am uncertain if my dead cat bounce will play out but my bags have been packed with long only spot mining...
MARA right back to the trend line just like that, this is what makes options on this stock so lucrative the vega absolutely crushes. I think we see as high as 26-28$ before my dead cat bounce theory on BTC ruins the party. The golden will appears to be an inflection point on a lot of my holdings right now, this emphasizes how important it is as a momentum...
If BTC can confirm some dailys in this range my dead cat bounce theory will have been disproven. I will be the first to say that I am not always right, and trading/investing relies on validation or invalidation, we are still in the bull trap zone. My bags have been packed so I will be happy either way.
As the market reverses, AKT is a clear leader of the larger market cap tokens. AKT pushes once again for the golden fib and reaches for the previous trend. I love to see this kind of reversal on one of my larger holdings. AKT is a top 5 holding for me fighting with Pendle on a day to day basis for that spot. I have the token staked and plan on holding it for this...
COQ displays the famous 3 white shoulders pattern which is usually the start to a bullish run, memes are hard to track but I do expect this thing to run. My two short-term price targets are noted. I have not sold any since my entry as I want to give this narrative an opportunity to run. With memes I never enter large positions and I always sell half at a 10x no...
3ull presents a horizontal channel of consolidation. The wedge I hoped would play out did not. You can see I am still way up from my initial entry, and I did take profit a while back when I stated I did, seems like a long-time ago now. i will continue to hold this bag until the next obvious gaming run, likely lead by SUPER.
PYPL had decent earnings but guidance was light and the market did NOT like it. I am re-evaluating if I want to keep averaging into Jan calls for next year. I still think the company is undervalued relative to the cash flow metrics they present. This formation completely fell apart but this may be a washout.
Sofi has been brutally beaten by short sellers once again, the stock simply cant catch a break no matter how well they perform these days. I still believe this is manipulation, but there is a light at the end of the tunnel, multiple days of consolidation right on the FIB is bullish imo. The supertrend flipped bullish to boot.
HD is one of my current core holdings that I averaged into during the crash last year. I have always liked the company fundamentally, and even have had success trading options on the stock as well. HD is above the golden fib (strong momentum) and has risen despite market turmoil. Even though tech is the favored sector right now HD has continued to rise. There...