I am expecting one of my larger bags (riot) to hit about 20$ before the next correction. Riot and Mara have been on absolute tears lately. My theory that Bitcoin related stocks precede Bitcoin price action has been proven true the past few weeks. A correction to the dashed red would be optimal, although Riot likes to overreact in each direction. A more bearish...
Coin has been on an absolute tear lately. I got into the stock around 40$ spot earlier this year and held the entire time. I am expecting a decent pullback here at this important fib level. 205$ would mark a full retracement from the march 2022 swing high. I expect a pullback at least to 140-160$ region since the stock is up 444% this year. I wont be shorting this...
Dio is consolidating well on the 4 hour between two major fib levels. I have flipped my Sol into this token and RNDR since Sol is so overheated. This token definitely has a strong community and I expect it to rocket again soon. The local demand is pretty small but a fib lines up with the bottom of it creating more support. Another test at .08 looms.
3ull has heavily corrected over the past few weeks offering up an opportunity. The fib levels have been fairly respected so far on this newer token. I believe the time is now for those who missed out on this tokens first major run up. The most recent red candle wick tapped the demand from a previous run up. I expect the token to make some major moves once avax...
Solana was never a fundamental long hold for me. I earned most of my Sol for free through airdrops including Jup and Acs which I immediately swapped to Sol and staked. I am selling all of my Sol as we approach this .886 fib. The token is WAY over heated and very due for a correction back to below 90$. I plan on taking the proceeds into RNDR and DIO (mostly RNDR...
AKT on strong momentum attempts to flip this important green fib into support. The teal line is monthly resistance that was recently overtaken. I like profit taking into the cosmos ecosystem as I can easily move to many other chains on chain without CEXs, I expect this token to continue the overall momentum. I marked my next two price targets from historical price...
Super broke out on contraction as expected, this token did have a fakeout on the 4 hour. Do remember longer term time frames are always better, this is why leverage is dangerous. I expect the token to hit both of my dashed green targets this year. I have been covering this token since the first major momentum swing and those who got in when I did are up 4.6x in...
A closeup of the rndr inj shorter term relationship. It appears that INJ profit takers like to take profits into RNDR and vice versa when RNDR is overheated.
RNDR broke out from a contraction ive been following towards my bullish target of 5.4. It seems that INJ and RNDR are inversely correlated these days. Expecting INJ to correct as RNDR pumps here.
Rose is a project I started DCAing at the peak of the last bull run. I did heavily average down on the play, I am still at a net loss but this token has recovered substantially. Between staking and this momentum I think this investment will play out nicely next year. Hopefully we get a little cool off to finish the handle formation. Rose approaches a pretty...
Near approaches long term monthly resistance from a very long time ago. The first fib which I drew on the weekly chart approaches. This token I have not covered on TV, it is a smaller holding I bought way back in the bear and it looks to finally be moving. I prefer NEAR tech wise over Solana but its much smaller and riskier. I think the token tests the teal line...
This is why trading higher timeframes is better than short. The 4 hour chart was looking very bearish a few days ago then we broke to the upside. I expect my dashed target soon on this high momentum token. A nice dip into demand for that strong candle we saw. We are seeing volume expansion here, and RSI is touching the moving average on a strong reversal, 73 cents anyone?
Sofi does not have a ton of price structure until around 11$, the next target is 14ish around the almighty golden fib. Finally bulls have overtaken the bears, but the stock is still heavily shorted. We might see another bounce at 9.2 on top of the megaphone pattern I have tracked for months but I think the bullish trend remains.
Shrap is looking to reverse, the supertrend last time it flipped bearish on this token lasted about 3 days. We are about that point, and the EMAs are looking to even out. A downward trend is noted with heavily dropped volume. I do not expect the token to fall below the red dashed line for long but it is possible. More likely would be a retest of the light blue fib...
If you have followed along we played the first gap pretty nicely on FTNT. The supertrend has flipped bullish here and we have volume and RSI. The stock is a few dollars from the start of the larger gap which is a 22% price movement. 3-6 month calls is my preference, I am debating on the strike price but will definitely go for a high open interest setup that will...
I knew there was something odd about Riot and Mara pumping so hard today while BTC went sideways. I think there is a lot of insiders buying those two before the impending BTC pump. This cup and handle is formed enough and a god candle to 48-50k is impending on ETF news. Maybe I am being hopeful but I have a feeling the Christmas pump is about to start.
As expected alts have corrected heavily and I felt the need to add a second blast zone. This area offers much more support on two prior double tops. Stay safe out there gang.
Dio has been in a corrective phase for a few weeks forming a standard wedge. This fourth attempt to break structure has flipped the supertrend to bullish. This could be another washout but given the previous momentum I think we might see another run at the green fib here. My short-term target is .065, these tokens tend to not really care if BTC corrects and the...