kewlkat

kewlkat

Heading into the season, not an ideal set up with all the over extensions we have had in the past year with the commodities market, however might as well try to make some money off the tickers. NGG23 expire on the 23rd of Jan meaning we do not want to have the trade extend past the 23rd of Dec. or all the open interest will be sucked out. In addition we need to...

kewlkat Updated 

One the one hour 50EMA about to cross the 200EMA June 24th expiration on the options should pay out. Strikes sell set ATM and a tight buy to the sell, for a call credit spread. RSI is going stagnate at neutral levels. Under the cloud still bearish on the one hour, bc Jun24 expirations only need to look at the 1hr. "Done for the day wife hope it works out" -KewlKat

kewlkat Updated 

$Luna MCAP losing steam and at least projected to go to a 9bn Luna MCAP, which you're gunna be looking at a valuation of 27$/LUNA, this target should be achieved with the current market sentiment, bearish trend line will continue to push down on the price, Bulltraps will occur around the Support lines, not much we can do but sit and wait to relook at and update...

kewlkat

Canadian fertilizer stock specializing in potash production and third biggest production of nitrogen fertilizer with food storages occurring and crop planting increasing at the moment in the northern hemisphere one should be looking for undervalued stocks in this industry. As of right now the stock has a P/E of 10.25 (undervalue) and looks to increase it's...

kewlkat

I've taken into account the last two bear markets, as being a victim myself of one of them, the highest probability of price action is this crude representation. 2014 Sucked, lasted about a year and a half, 2018 sucked too, lasted from feb 2018 to jan/feb of 2019 before any signs of relief. The bear market signal usually starts the following year after the...

kewlkat Updated 

AVAX EASY Bullishness at venue, bullishness on the chart, set up for lift on.

kewlkat

ETHUSD is peaking over just over the 200 Daily EMA which has a lot of significance on where it will go next. The fact we've breached the 200 Daily EMA while BTCUSD continues to be rejected by it speaks to two different conclusions. 1.) ETHUSD is following it's own market now and not following the BTCUSD "Supercycle" which is bullish for ETHUSD, removing itself...

kewlkat

With the current state of the world economic stage: Russia/Ukraine, sanctions, inflation, logistics nightmare.... and Russia today re-adopting the gold standard. People will be looking for scare assets to allocate to. 715 days it took to reach the last ATH with the current state of things I think the market can do it in half the time, reaching a price level of...

kewlkat Updated 

Okay not that big of a fan on precious metals however when opportunities arise, a lot can happen too. With the FED continuing to buy bonds, one must ask themselves why??? Interest on the reserve bonds will increase, rates on mortgages will increase, rates on loans will increase. Like a retail traders wet dream in coming to light, common sense everyday people...

kewlkat

Using the Wykoff theory there we have completed Phase A moving into Phase B. Key Terms in Phase A PS – preliminary support, after prolong down-move the buying begins and you can see the stock bounces with some higher volume. It shows the stock is approaching the bottom. SC – selling climax, panic selling by the public and it is being absorbed by larger...

kewlkat

BTCUSD broke the bear trend, hats off to the bulls as I got stopped out, this is why risk management is so key in crypto, you win some you loose some. This would normally in the past signify we have bottomed however the amount of sell orders at 46 and 49 are a lot. We have recaptured our previous local trend line and are now wedging between the resistance and...

kewlkat Updated 

With BTC struggling to get back over 40k we can assume that Eth is not far behind failing to reclaim 3k territory Eth will be pushed lower and lower as BTC continues to fail its 40k reclaim. Sell pressure on BTCUSD is low around 35k but high at 40k, Being in the realm of 38-39k this would be the upper price channel. If btc fails at these levels we can assume...

kewlkat

Back in the cloud "no trade zone" Feb 19th broke local trend, between the newly established bear trend (red) and the older local trend (yellow) we will consolidate in the this wedge.. Until around march 15th. At this time we will revisit a major support zone (the accumulation zone) this should provide us with some additional information where the price action...

kewlkat

BTC recently broke the "so called" bear trend on feb 4th lots of bullish Elliot wave and trend analyst were published around these days, I was not on board as I have dealt with these market shenanigans before. If you are familiar with the cloud you would know that we were under the cloud on the daily... If you said but on the weekly we weren't I'd say you don't...

kewlkat

Opening up a short position near the cloud was a risk and if I had not identified the cloud I wouldn't have pulled my SL. Thankfully I did adding more contracts in the cloud which is working out but to be honest was a dumb idea. The reason being was BTCs leg down was predictable as the cloud moved down on the daily and some of the divergences were pointing that...

kewlkat

We are still in the cloud, "no trade zone" I am still neutral especially the local trend seems to be holding and coincidently is the bottom of the cloud, I would expect more chops in this cloud zone, stay especially out of the inverse perp markets as chops will destroy your position. Above the cloud bullish below the cloud bearish. Once we have a daily close...

kewlkat

Since we are in the cloud and the cloud is typically a "no trade zone" I stand neutral on a trade here with the risk to high. This is a prefect example of the chop in the trade zone. Some key take away are we shot into resistance at getting tested and rejected (though we are in the cloud on the Daily candles), we have now broken two support levels in the cloud...

kewlkat

Quick EthUsd Short, setting up for a pull up for an entry at 2950, target 2520. The RSI shows some push back on the downward trend though that just means there will be a delay before the drop. Allowing us to open shorts up at 2950 before the price bottoms out at 2520. Be Patient these markets are chopping and difficult to read. Around Feb 17th I would say we...