Good R/R in a Long-friendly context (SPX-Crypto correlation)
Scalp and Swing version of the Short. 50/50 probability (almost seems to obvious) but good R/R with a close invalidation.
Typical $BTC f*ckery. If you know, you know.
Intro: VYGVF is the OTC US stock of the Canadian VYGR stock. Voyager is the biggest US crypto broker you've never heard of . Mobile-first, best execution, commission-free, etc. It has great fundamentals and a good market position. They also have a lot of momentum , with an analyst report (Buy) and the acquisition of the retail business of Circle (Goldman Sachs)...
Sister trade to the VYGR (Canada) Long News: Buy rating by Benchmark (Today 2/10) FA: Company is immensely undervalued. TA: iH&S play (if the sell wall gets bought out) Moonshot situation imo. Buy and Hold for the 5x - or Scalp for x2 imo. High risk (small cap/ pennystock-ish) / High reward - with tremendous upside potential.
FA: Vastly undervalued company - Great pick for the trader who wants exposure to Crypto (high Risk/high Reward) TA: Obvious Inverted H&S on the daily (about to breakout imo) News: Benchmark analyst Buy Rating on the VYGVF (US OTC equivalent) - with target of 0.50USD = 0.67CAD Note: I've been accumulating prior to today's Buy Rating just based on FA/ TA.
There is no Alt Season without $Doge. Considering there are whales out there that need you to believe Alt Season is coming, so you can buy their bags at the top. Therefore $Doge gonna pump - sometime soon. Dips are for buying.
Part2 Great R/R - Market overreacted - maybe? Let the weed $hitcoins do their thing in a few months. Besides $1.66 sounds cool.