Are we coming to a pivot today?? Dollar to go down? Risk Assets go up? We are about to see the fundamental catalyst for the next 1-2 months ARE YOU READY? CHEERS
Powell on Wednesday will tell us what will happen. With CPI at 6.8%, Powell will either be hawkish or dovish. Possible outcomes 1. He is hawkish and talks about tapering (NEGATIVE) 2. He says the CPI print was not as bad as they expected, therefore they will not change anything. (POSITIVE) Cheers friends, I love the markets!
DO i NEED TO SAY MORE No, because the chart speaks for itself
MATIC has a huge announcement tomorrow, Dec. 9th I've been bullish on this for a long time! Should be a big one for the med-term now that leverage is cleared from crypto market. Comment if you have any questions!!
Atlas on Solana is looking good again at 12-13 cents! Great project for exposure to NFT gaming and Metaverse. This has been talked about by many people in the industry. Continues to be a good coin to play.
Punt one here. everything looks great This should be the test before a move up
Flash crashes like 2013 pre-parabolic move or 1987 equities. I'm betting on a V-shaped Recovery. Market structure is fine until 40-42k is lost. I'd like to see us keep stair stepping up back to ~54k by Sunday weekly close. The Main Portfolio is buying SOL and ALGO over the course of the next couple weeks I personally bought ETH SOL AVAX MATIC DOT and others
Deviation at Lows! Consolidation and coiling above deviation! Coiling up under the major trendline! They have relentlessly shaken out as many people as possible. I'm assuming we won't see the significant move back up to 69k until next week, but the next couple days should see 60k+ TIME WILL TELL IF you can't handle the price movement, buy and hold. IF...
At a $1B Market Cap, REN is setting up nice Everything is setting up, its nice to have some of these smaller coins. J-Powell and Janet Yellen on their last day of testimony. -The fight about the word "transitory" push-pull drama -The bill is "paid for" -"stop printing money" -more welfare in the forms of child tax credit and childcare subsidies -another four...
MICRO CAP COIN Going Long here. chart looks good total altcoin market cap looks great.
MSTR released their most recent purchase of bitcoin. They spent $414.4m with a price of 59,187 As long as we close strong above 58k, We should be seeing ATHs within a couple weeks. A clean break out above 60k, and its pretty much locked in stone. I bought BITO 1/27 and MSTR 12/17 calls I have dry powder for a longer consolidation just in case.
Key support on the weekly is around $4,000 I don't see us losing this level on a sustained basis. With the new week, we could see a spring setup below 4k, and immediately trade up within a day or two in order to get liquidity. The lengthening cycle hypothesis is starting to cross my mind more now that it is nearly December and we are not in price discovery. It...
The Sandbox, which I own LAND in, is going parabolic. Since Zuck went full META, this has been one of the best performing plays. I've been in since around $0.80 I can see the Sandbox going to at least $40B Market Cap, which is about $32 a coin. This is when you start slowly taking profits if you were in pre-meta announcement
Key trendlines and demand zone on Solana I'd like to see an SPF or deviation around 185-195, possibly below the zone to get traders to short
Bitcoin is the moon tide in the ocean of crypto. Everything depends on it's pressure. Up or Down. If this is a deviation at the range lows on the HTFs, I'd say this is a level to buy. (or an accumulation range) Since the Dollar (DXY) is up the past couple weeks, it may be causing some of downturn in crypto. The chop is tough, adding to altcoins is the move.,...
We are sitting below demand that could turn into a selling (supply) zone. I'd like us to get over, retest 60K, and move higher into price discovery. My bias is that this was another (3rd) accumulation range...which means we go higher. If we go down to 53k, Market structure would not look as bullish, which I'd start thinking that the cycles are...
We are holding the Demand Zone of 58-60k Key ranges are posted. Long setup from 60k, 63k is the key level to get over for bullish structure. IF we dump below demand, look for a short on the retest. TP 53k
Here is a good short term long scalp I will be taking this trade SL at 63600