Holding BTC still and looking at dips. No shorts yet! Here i give some thoughts on channel trading and show how i think its likely alt season is beginning while we consolidate on BTC
Buying doge before the doge godfather Elon starts getting behind it again. First resistance zones shown in red. It's been lagging somewhat these past few weeks so we can expect it to catch up soon based on TA as well.
Nice support at 273 no reason to be afraid of the parabollic move when adding
Prior weekly high on ETH (shown with red arrow) has not yet been hit. This is at 2142. Eth is looking to mirror and catch BTC and i think here still represents good value as we have not yet taken out the prior high. Add to ETH longs here at great value below 1900 as we are consolidating at this green line of support. It's all been BTC news so add here before the...
Mana is a great real use crypto heavily backed as an actual currency used in decentraland where the prestigious southeby's auction house have been involved as well as big stars like deadmau5. I tipped mana a couple of weeks ago in my btc post and its been accumulating ever since. I think the SEC have this one wrong as its clearly used as a currency to buy virtual...
I like firo, low market cap and has been attracting some good volume. I think we can expect the price to at least double here and perhaps a lot more
Pepe has a cup and handle in play leading to 50% potential upside and more
Continuation from yesterdays trading video with some all round tips from me as a long term pro trader
Sorry about the noisy fan... summertime trading lol. Intra day swing trade only at moment up to 25,300. Keep your eye on the prize... resistance and support. No dreaming! I make dozens of trades a day scalping and swinging between support and resistance just like this one. After 25 years of trading that is the only way i know how to trade profitably and i do...
Slightly wide stop in case of further divergence but good low risk high reward trade on daily charts unless buy signal changes. This support area looks really good now for daily holds and profit taking on the way up.
Buying Alibaba here on the cup and handle breakout. Also downward falling wedge, looks strong sign of a higher swing low here since the bottom a couple of moths ago. Expect to retest to 120 and higher
Nice entry yesterday on gold at $1790 for me, I took the day trading profits at $1810 but have re-entered today after a nice close yesterday. Stop at around $1780. The way I see it, inflation has peaked and the dollar will sell off the rest of the year. That's great for gold as a hedge and with the fed taking a more measured approach rather than ultra hawkish...
Opening a long here in QRTEA, unknown micro cap that the big shorts Micheal Burry has just bought $10 million shares in It's a micro-cap company (market cap just $750MM) which engages in engages in the video and digital commerce via television networks and e-commerce sites. Technical's look good here for a bounce at least and i expect the weekly MACDH to turn...
As shown on chart, Daily moving averages are on a strong buy signal however weekly is still falling from overbought, trading both ways is best. I'm looking to buy in either zone on confirmation as a fakeout play of the rising wedges. 20k looking increasingly likely medium term, but nice bounce should happen sub 40k first unless equity markets crash hard and...
Nice 3 candle reversal pattern in daily charts on increasing volume (Tesla has just entered the S and P 500 today). I've been buying this since 173 looks good to hold for longer see how far up this channel we can go. 4hr chart including futures data shows the channel (possible bull flag well)
Mana price is clinging to the 9ma on the daily charts. I always plot the 9 period moving average on charts, when price clings to it in parabolic moves it helps me stay with the trend, here mana is doing the same. Hold this one, I posted about Facebook (meta) last week and we saw great day trading profits on that last week. METAVERSE stocks and crypto are your...
Buying Facebook here under the new re-brand meta. From a purely TA perspective, Meta looks great. The best signal in trading is volume and support. We can see huge buy volume came into facebook last week on the buy side at support. This gives high probability that the share will look to take out its ATH. This is a great leveraged play here which could reap...
Ok kids time for some help I know a lot of you probably panicking a lot right now thinking this could be it! I'm so overexposed in my longs! The bears have it aarghhh. Calm the hell down. Btc is well known for its volatility, its for this reason that I kept my stops at 57.7k at the swing low on the daily chart and didn't yet raise them. Quite amazingly we have an...