benjihyam

benjihyam Updated 

NASDAQ:AAPL is starting to look like a really great short opportunity. As you can see from the chart, the bullish trend that started in 2020, broke down in 2022 and hasn't been able to confirm support above it. We confirmed resistance on that trend line in August and now looks like we're going back to test it one more time. I'd imagine this time, it won't break...

benjihyam Updated 

With the rejection of $21, NYSE:PLTR looks set to fall to new lows. I think it's likely that we're going to sweep the lows at $8 and keep falling from there to a final target of $1-2. This will likely take place at some point in the back half of 2024 and should present a great buying opportunity once it gets down to those levels. Let's see what happens over...

benjihyam Updated 

LSE:GST has been in a downtrend since the beginning of March, I think we could see one last exit pump up to the two resistances higher before continuing down. If you can time this properly, looks to be great gains in a short period of time.

benjihyam Updated 

First off, this is a high risk move because of my competing thoughts w/ BTC having a big move lower soon. But as you can see from the chart, price has formed an inverse head and shoulders and is in the process of breaking out. Should price be able to sustain above the trendline, then it's likely that we see the upper resistance get hit. I think the move would...

benjihyam Updated 

I know everyone is bullish crypto, but the NASDAQ:COIN chart doesn't look that hot. You can see that price moved up over the trend line, formed a small timeframe head and shoulders, broke down, and now has retested the trend line today. I bought some puts before market close. Before we move higher, I'd expect price to come down to touch the lower support...

benjihyam Updated 

If you've been following me for a while, you know that I've been warning of a crash for some period of time, and now I think we're within weeks of that playing out. I've largely been bullish for the past year, with periods where I thought things might fall, but now all of my upside targets for BTC have been hit (minus GETTEX:54K which is still possible) and...

benjihyam Updated 

I still think we hit the same upside levels but think we take a different path to get there than I originally thought. I've been anticipating a big move down before we hit the top, and I still think it happens, but I think we go to different price levels and it happens in a different timeframe than I previously thought. Everyone thinks the trade is going to be...

benjihyam Updated 

Updating my analysis with some additions of some key levels to watch for as price makes it's way higher. I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels. Even though price seems to be forming a H&S top, I'm not sure that we break down here. I think the most likely scenario is...

benjihyam Updated 

Originally I was thinking that we'd see a move to the $480 support after testing the highs, however, because we haven't fallen yet, the chart no longer supports that view. Instead, I think the most likely scenario is that we fall on or after Wednesday 5/29 back to the low $500 area, then we go back to test the highs at $530. The retest of $530, will setup the...

benjihyam Updated 

I'm updating my recent chart on BTC because we haven't fallen to new lows yet which makes that GETTEX:54K outcome less likely. I think the most likely path from here is to continue higher until May 29th, the pivot on the chart. I think the most likely price level we test is that $72k-73k level. Then we should see a pretty large dip after the 29th down to the...

benjihyam Updated 

LSE:ORCA has broken out of it's downtrend and has now retested the falling wedge as support which leads me to believe a big move higher is coming in the near future. I could see the move taking us up to the $4 or $5 resistance before consolidating and having one last leg lower. Should be a good trade though. I've entered at $2.37. Let's see how it plays out.

benjihyam Updated 

Judging off of sentiment, I think most people believe that Google will miss earnings. Based off the chart, I think there's still one leg higher that likely starts on a reaction to earnings. I think what's likely is we get a retest of support tomorrow and a low into earnings, and then we see a positive reaction after earnings that starts the next leg higher up to...

benjihyam

The structure of the chart leads me to believe that we could see a large drop down to the lower support before the move higher gets started. If we do get down to the lower support, then I think there's a 10x long opportunity up to the resistance in the $20s. Let's see how it plays out over the coming weeks.

benjihyam Updated 

$VARA has broken out of it's downtrend and has been consolidating on top of it's trend line. I lean towards a big move higher from here. Once $VARA breaks the $.15 level, we should see continued upside. I've marked off key resistance levels to the upside, let's see how high we go.

benjihyam

I think NASDAQ:BAND could be one of the better performing coins this next cycle. While it hasn't really made a move yet, because of the bullish narrative of ETH, I think this coin finally has it's run. Once NASDAQ:BAND can break above the $2.65 level, it looks set for new highs.

benjihyam

While Ethereum looks bullish over the longer term, price would need to break above the two lines of resistance for the chart to stay bullish. If price rejects here, we risk a double top which would send price back to the low $2000s. I'm leaning towards a rejection as the base case here as sentiment is pretty extreme to the bullish side. Let's see what happens...

benjihyam

NYSE:AMP has been in a downtrend and consolidating for a long time and looks like it's set to finally break out. Once we see a breakout of that first resistance, clear skies ahead to the final resistance at the top.

benjihyam

I think Defi on Ethereum is about to have a comeback. As you can see from the chart, we're about to break out of a long-term downtrend. If we break above the trendline, price should skyrocket higher. Think we're likely to see price move up to the $437 resistance level and possibly higher than that. Let's see what happens when price breaks up above the blue line.