DaveTradesLive

DaveTradesLive

APLD has reached within the 61.8 & 78.6 fibonacci retracement levels of current buy structure on 4 hr cycle. Based upon the strong buy rates & recent bullish activity, as well as the buy rates building on Nasdaq index, I see this retracement as a perfect discount for a long call options trade setup for 30 DTE contracts. Long equity positions are being held...

DaveTradesLive

Strong buy rates indicating we have another solid bounce approaching into end of Jan 2025/ next FOMC meeting, to take price to 302$ target level. Great setup for a long call options trade for 30-45 DTE duration. Expecting additional volatility after peaking above 300 so will look for discounts once again before seeking entry on calls for Sept. Weekly and monthly...

DaveTradesLive

Technical analysis indicating "measured move" buy setup on higher timeframes I expect price to advance from current 88-93k buy zone (consolidation structure on 4 hr tf) back to new highs above 109k, which was previously noted as tp1 (with anticipated near term consolidation in low 90k range). It's possible we have one more retest of 88-93k levels after reaching...

DaveTradesLive

Forecasted price action shown on chart. Several liquidity levels delineated as bullish & bearish targets. Both bulls & bears get to eat this holiday season as the market prices in less cuts to Federal funds rate in 2025. Classic holiday chop... Expecting gap fill at 210-212.6 zone before final breakout above 230 resumes for progression to new all time highs...

DaveTradesLive

more volatility ahead as market digests decreased Fed funds rate cuts in 2025. buy target at 90$ AFTER we fill the gap on 15min chart near 71.2-71.5 level imo.. looking to trade this setup via 80$ strike call option contracts for 1/10/25 & 1/17/25 expiration dates after 90$ is reached, still anticipating additional volatility back down to 65-68$ range one...

DaveTradesLive

updated analysis on most recent price action indicates a strong buy sequence to 3.1-3.3 range to occur over this next wk, TO BE FOLLOWED BY the FINAL (aggressive) retracement to 1.5 -1.6 zone!!! **if we get any dips in price to 2.15-2.2 range BEFORE running to 3.1-3.3, it'll remain a buy opportunity imo until 3.1-3.3 is reached... I'm expecting the final...

DaveTradesLive

Recent short attack will likely be a two-part process. Expecting strong buy wave to 17-18.5 zone near term before renewed aggressive selling down to next liquidity target zone at 10.4-11 level. There exists a small gap at 9.95-10.05 which may be targeted by shorts. Unsure if it gets filled during market hrs or during extended session. Planning to go long...

DaveTradesLive

Diamond reversal pattern on CLSK…crypto miners from MARA to RIOT and others all showing strong buy rates per my algo. Expect breakout to new relative highs within next several sessions. Looking for a move to 18-20$ before 12/13 on CLSK in particular. great play for in-the-money options play imo

DaveTradesLive

Cycles analysis indicating near term resistance to form at 2.5-2.8 levels, to be followed by retracement to 1.50 zone as the FINAL discount buying opportunity before price explodes to 7-10$ range in early Q1 2025. Analysis for longer term indicates we may run to 100$ sometime in 2026 based on broader buy cycle and the current comprehensive overhaul of...

DaveTradesLive

Bitcoin now fully in bullish breakout sequence on monthly and weekly timeframe. Aiming for advancement beyond 100k to 105-109k zone before additional possible consolidation. Would not be a reason to sell but rather to add more! RISK IS NOW SOLELY TO THE UPSIDE imo. After we clear above 125k on weekly and monthly, I don't think it'll be long at all until it...

DaveTradesLive

explosive move preparing to occur. expecting 10-14x from current price. this is as easy as it gets when you have convergence of so many bullish market forces, both technical on BTC and macro-economic from the Fed. expecting targets to be reached by end of q1 2025. lets wait & see!

DaveTradesLive

title says it all. few understand the strength and speed at which this is going to make a 10x move. likely far more than 10x towards the end of the current new bull cycle. AI-related coins are garnering increasing attention from traders and investors. I personally like the team and project. something to look into if you haven't yet done so. lots of strength in...

DaveTradesLive

with BTC having confirmed the breakout to a new buy cycle on the monthly tf, we finally have this darling ready to move higher. weekly setup shows full retracement to nearly the bottom of the prior buy structure. breakout above .80 will confirm progression to 1.20 as TP1; once 1.20 is surpassed, I believe the fundamentals and potential of this company will...

DaveTradesLive

sell cycle appears to have been completed. short vol ratio data suggesting we will resume higher soon. expecting recovery of 2.10 level by q1 2025, at which point the first portion of profits will be secured.. the rest would be held speculatively to 5$-10$ ranges. lots of bullish macro-economic narrative developments as well to fuel the rally higher.

DaveTradesLive

strong cumulative volume delta signals buyers remain in control after this selloff. all these sell orders getting heavily bought up. I'm looking for continuation higher into end of Oct to 588 target. After that, I'll be vigilant for another pullback to 578 zone before we go higher to 591 and onward to 605 primary weekly cycle target

DaveTradesLive

Cycles analysis indicating one more final liquidity sweep down to 42-45k likely by end of Nov 2024. After that it’s off to continue the bull cycle with primary target on monthly cycle being 1 million!! The time window for affordable bitcoin is quickly closing!!

DaveTradesLive

Looking for the price levels shown to function as turning points on the next buy & sell waves for this ticker. Trading calls & puts as appropriate at those levels. Using ITM option contracts given the lower liquidity & wider spread values. Most of my contracts are 3-6 weeks out from expiration. Share your thoughts!!

DaveTradesLive

Structurally I'm looking for rejection at 147-149.8 range. Look for renewed selling action below 144 to confirm. Still seeing additional unwinding of the yen carry trade as highly likely over subsequent days & weeks. Targeting 136, 131, and 126 handles on weekly structure as we approach Q1 of 2025. Particularly as the US Federal Reserve is pressured to cut rates...