samfanderson1597

samfanderson1597

It looks like this boy is a bit overheated. Don't think it goes straight down but rangebound between 650-680 by EOY.

samfanderson1597

Support @ 13.75-15.50. I kinda like this as support cause some dude in my intern group likes the stock.

samfanderson1597

I personally think we restest lows at ~78-80 on LTC before the end of this week. Feels like a dead-cat bounce and once we close below yearly VWAP it should confirm the full retrace to range lows.

samfanderson1597

I know we are going to 0 with haste, but I thought it may be beneficial to just zoom out. If we distill the crypto market structure into a binary bullish or bearish framework, I think we can better analyze whether we should buy the dip or not. When bullish, TOTAL1 should form a series of higher highs and higher lows. When bearish, TOTAL1 should form a series of...

samfanderson1597

This is just a general idea of determining which altcoins provide the best exposure to a rise (or fall) or the broader crypto market. These are all of the currencies offered on the Rollbit platform and also traditionally have the most trading volume as altcoins. This chart specifically looks at the % Change in price of each crypto YTD. An interesting observation...

samfanderson1597

I think we are in a couple parallel channels that decide the fate of altseason. TLDR: We could go up or we could go down. If we break and hold above 410B on the Total 3 Chart (total capitalization of largest 100 cryptocurrencies except for ETh and BTC), then we pump another ~25% to the upper yellow box. If we break below 350B in the next couple weeks on Total...

samfanderson1597 Updated 

Built this indicator using a 377-period daily linear regression on the BTC Chart. Then, I measured the % difference between the price of BTC and the value of the linear regression. In theory: you should buy the dip and sell the rip. But how to know when? I think that whenever BTC trades at a ~34% premium to its 377-day linear regression, then it may be due for a...

samfanderson1597

The shanghai merge pump. One for the history books for sure. Personally, I think this rally is looking a bit fragile. Would like to short with low leverage down to 1,525 based off two previous quarterly points of control between 1.5k and 1.55k. Unsure of whether this comes to fruition, but I think the way it looks.

samfanderson1597

This is a thesis based purely on Quarterly VWAP's. I think we previous quarter's Point of Control down at 22.5k before this whole bull market goes into pull swing. Probably wrong on this take but euphoria is pretty high right now. Considering a 5x short position with large amount of stack.

samfanderson1597

Green - least likely, dead cat bounce out of these range lows for the next 1+ week Yellow - More likely, just consolidate over the next week as equity market continues to chop Red - Most likely, just dump to the range lows from january and then consolidate there

samfanderson1597

I think we dump to 19k. Simple as that. Too many comfy longs despite powell telling you day after day that he will tag your stops. Funding still neutral anyways. Seeing a head a shoulder set up if we get a dead cat bounce. currently favor purple path but tbd.

samfanderson1597

Yellow: Dumps to 21.6k Orange: One last exit pump to 23.4k before dump to 21.6k Purple: Liquidation cascade for shorts after holding above 23.4k

samfanderson1597

I think we dump to 18.0-18.2k by the end of January, then we rally to 22.2-22.5k by mid February, and finally dump to 14.0-14.2k by the end of February. Some "chopsolidation" to start the year and liquidate as many people as possible. Confident that we bottom between 7-8k before EOY.

samfanderson1597

BTC will bottom between 11.5k & 12.5k in March-April of 2023. This is based off a average market cap since inception of BTC that has historically signaled the BTC bottom in 2019 & 2020.

samfanderson1597

I'm a buyer < 0.06, anything above and I will probably lose money on this. Most likely no leverage on this but the max would be 5x. Best of luck to all dogecoin investors on the path to $1 or 0 -- no in-between.

samfanderson1597

Nice pump today from our favorite unprofitable pump & dump that happens to be an nft company based out of hong kong . . . aka TKAT. 1.65 appears to be the generational bottom that a few intellectual (lucky) interns managed to buy at. Now that we have pumped, the only question that remains is where do we dump? I think there are 3 potential for TKAT looking towards...

samfanderson1597

Daily FVG's at 27.3k and 28.6k. I think we fill those before more significant downside. In addition, my favorite trade is a CME gap fill trade. CME gap is up 10% at 29.1k. I think we fill that if any dovish sentiment from the Fed this week. I think we should at least see a small bounce in SPY this week.

samfanderson1597

CME gap still untapped down at 28,750 on BTC. A lot of Fair value gaps being creating on this derivative led rally. Gonna short this right here as a 30-min tf rsi bearish divergence is showing up.