Apollo_21mil

Apollo_21mil

Hims is finally in an unrealistic zone, I have started to sell CSP between 14-16$ here to enter a position. You will note a tap of the 50 week EMA which serves as bullish momentum support. I updated the fibs and we have a severely bottomed stochastic RSI. This should be around the pivot zone. Remember most of these setups are on weekly charts so this will not be...

Apollo_21mil

BTC production cost indicator marks the average cost to produce a Bitcoin current day (66k). A support band on this indicator is marked around 45k, these areas are tremendously strong long term buy zones on capitulatory events. September tends to start off red. I do expect another down wick on the monthly to 52-54k but we cannot rule out 45k. -September tends to...

Apollo_21mil

CLSK is shaping up like the rest of the crypto market to have a very strong pivot. I expect a test of the fib I highlighted in two weeks this is about 15$, this will completely erase this washout move. My strategy here was to collect premium with put sells on the way down. I will only start selling covered calls as we approach 15-16$. I will likely keep 20% of my...

Apollo_21mil

Per request, and update on Coin but a little more zoomed in. You will note several inflection points colliding at my price target. The previous momentum trend (purple line), the long term red resistance and a fib all around the same area. This very strong pivot along with BTC bullishness signal the move. This is where I sold all of my Coin last time. Coin tends to...

Apollo_21mil

BTC has built a support around the area of interest I highlighted (58k) that last flush destroyed tons of leverage in the market in both directions. We now look to 67k to test this channel yet again, this will be the 6th attempt. I would love to see a test, rejection to the teal fib then retest, this would make me more bullish. -Short term 67k next week whether...

Apollo_21mil

TSLA looks to break out of the wedge again, this is the second time candle bodies have closed outside of the wedge to the upside. I expect 258$ again in a few weeks with a likely rejection in this range. I believe the stock will rip to close to 300$ by end of year, I expect it to fall to under 200$ again next year. Summary: Short-term - 258$ End of Year...

Apollo_21mil

Hood had a pump out of the wedge and then dump like many of these wedges do. A massive pivot has taken place and I took advantage of this by adding to my September calls in the 14$ range. I am starting to sell covered calls against my LEAPs as well. I would love to see the 24$ target as this would be a massive swing trade for me. -I expect at least 22$ by the...

Apollo_21mil

Coin looks to have made a strong pivot after a downtrend on the mini black monday. BTC also did the same, the stock bounced right off the fib pretty nicely. With this current attempt at the golden fib and a variety of intersecting areas of interest, I expect a push to near the circled area the first week of September. -The top red resistance line has held strong...

Apollo_21mil

True to form, large volume and hot markets tend to respect fibs on longer term time frames. If you look at the 2021 swing high and 2022 swing low, you will note the golden ratio (1.618 fib) was the most recent local top for QQQ. This is how I was able to call relatively close local tops on both NVDA and TSLA. This does not always pan out, but if youre in a...

Apollo_21mil

INJ like RNDR is looking to jump over 50% in the coming 3-7 weeks if BTC can maintain a bullish posture. This looks like a huge move but remember people were able to get into a strong token at a massive discount here. I did sell 15% of my position when I luckily called the top a few months ago. -The next decision is when do I unstake 50% of my remaining...

Apollo_21mil

After this harsh and drawn out correction of many of my major holdings I have updated the fibs for the next setups. If BTC can maintain above 59.5k or NVDA can start to pick up steam again I expect this to play out in the next 3 -7 weeks. RNDR likes to really move when the market pivtots and I love the fact that two candle bodies closed above that red fib. -I did...

Apollo_21mil

I expect QQQ to retest 500 again before the end of the year and break the level before falling apart. I have had most of this chart drawn for a very long time and have long expected a correction to the intersection of the purple lines at some point. This collides with the monthly demand zone which makes sense. -In short by next fall I think this will already be...

Apollo_21mil

On the Monday scare Coin interestingly dropped right to a previously marked fib, within two days the stock has rallied right back to the golden ratio. This goes to show you how nonsense market fear reactions are, had you longed at the golden fib, let the stock dump to the green, doubled your long position and dropped your basis immensely youd be sitting pretty...

Apollo_21mil

BTC is right back into the channel on a candle body basis on the daily. This brutal wick was caused partially by capitulation but mostly by leverage, over 1 billion dollars in liquidations cascaded. At some point all of these degens will run out of money. I took this opportunity to buy AKT at my downside target of 1.9$, and I sold more puts on CLSK. We are no in...

Apollo_21mil

NVO just hit the downside price target with this recent market pullback, this momentum trend has been in effect since Nov 2022. I expect this to pick back up with a possible wick slightly lower than here. I think we see a retest to 142$ in the coming weeks. I am debating adding LEAPs on this bad boy but I think the company is overvalued, I do not fade these cult...

Apollo_21mil

As BTC continues to show weakness, likely to 52k again, I expect Sol to continue to dump to this fib again. This would be a great bounce zone. There is a chance of a bear trap at 59.5k for BTC but we will see. I am keeping some cash available to add to positions closer to 52k at this point. -I expect this 125-128$ Sol in the next two weeks -I expect a major...

Apollo_21mil

CLSK is back in the buy zone yet again as it oscillates between 15$ and 19.8$ I love to sell cash secured puts around these zones, I started doing this around 16$ and like to layer in more heavily as we approach 15$. Marathon and Coin earnings are in tonight, with BTC losing structure lets see if this is a bear trap.

Apollo_21mil

Coin has been in this rising channel for months. I did sell my entire position at 250$ but I like to use this to give me a heads up on BTC price action. I do expect Coin to possibly retest the golden fib around 200, but earnings is tonight. If Apple, Amazon, and Coin have solid earnings and guidance we could pump right out of this, the expectations for everything...