Worth watching and paying attention to the overall theme for the last 2 days which is easy if you ignore the fake out. Puts are printing.
Near term levels and trendlines I'll be watching and playing if looking for entry and exits on crypto plays and or related BTC stocks.
If we open Red and deeper into this correction your week will most likely look something like this and these are the lines i'd be using to try and get In/Out Open/Close etc. prior plays and or create new ones.
I'll be looking for something like this to begin playing out in the morning. I began buying some calls on the trendline intraday Friday. We will see how it goes. I don't think we go back to up for long just yet. I'll be looking to begin reloading PUTS on those up lines given.
Possibly looking for something like this from the Bullish scenario for the close today and start of next week but then sell-off into #CPI . I'll be watching for something like this to play pops from now until Sunday night.
If your day trading options (spy) these are the levels and what's been working for me. Same overall chart lines given last week just on 15m. That diagonal seems to be in play i should have posted it earlier, but it was pure speculation and maybe starring to long at the screens i thought.
Still playing out. Target one was hit within range. Overall plan still playing out. Remember when plan was 1st given was BEFORE XRP news and before other Binance FUD
We are still trading within the upward bullish setup. However, you should continue to watch this diagonal resistance I've been playing the last few days. It has been quite the payday/especially within playing intraday options. Keep watching these setups. We may be in topping process, and this is the rollover.
Still in play/stay the course. Just keep watching the levels given for most reactions. Directions can change on a dime but so far so good with the plan given.
This is what I've been using to trade intraday for the last 2 weeks and its worked GREAT for me. This is more of my own personal chart for trading through the day but thought i would share it in hopes that it helps someone.
There have been several key moments in the past weeks that have changed the trajectory at times. There have been XRP Wins and there have been moments of FUD. BUT yet the scribbles are still doing their thing. Plan is still taking shape and doing what we thought weeks ago.
Still going as planned don't let the NOISE confuse you. Remember we have been WAITING for this. The charts gave us these ideas WEEKS ago.
Possible scenario to start the week. I'll be watching for something like this and or to make a deviation plan from it once invalidated. My overall bigger picture HTF idea still remains that its heading down towards a more major support level for the next few weeks.
Typical weekend scam pump? Looks to be hitting trendline resistance. Unless you get some sort of confirmed breakout above I wouldn't be getting into longs based on this early green this morning. Though I would LOVE to be proven WRONG and have this take off as i have plenty enough longs myself on proxy plays to make it great. I just don't see this really going...
Playing into major OLD support areas. Currently paying I think around 8% dividend. So much upside potential. I really think you later get an A.I. narrative as well as more transformation into an all-inclusive media and Tech company. I think there is still a lot more to be done with store fronts as well. Could easily see them becoming a bigger player later in...
Disney is becoming quite an enticing looking Buy IMO (NFA), Even though i prefer typically being more of a Degen #degen and playing with things of HIGHER RISK this is beginning to be hard to not BUY MORE of( I've already been trading it for 3 weeks). Though maybe not as hard to ignore as NYSE:VZ lately. I think that Disney has a LOT of future possibilities to...
This is what ill be doing. Not to say that i have not also been buying these lower/smaller/more shallow dips as well and especially with mining stocks flipping them intraday. But in the bigger picture this is more of what you should be looking to swing trade. I'll be buying more aggressively as we touch into these marked areas.
Through all the noise/FUD/Drama you see that simple yellow scribble is STILL in play. I gave you this plan/scenario prior to the PUMP. Prior to so many news events. Yet it still does the same thing as we predicted. Nothing has changed. Stick with the plan.