Hi everyone, long time since last post as i've switch my focus on just trading longer term moves and cycles. For my few subscribers that might be following along, today actually marks the first time in many years that i have sold any BTC. My strategy is to scale out of my position of BTC, and in my 2 year plan this 85k was always the first price target. I think...
Matic is breaking upward from consolidating triangle. Part of broader crypto bull market. Target for matic is 4.50 EOY. Good risk reward. Still use small allocation
Doge next bulll run following its historical path. High risk high reward. Low allocation. Doge at max allocation should make up 5% of portfolio.
Arrows and timescale is for demo only. This is an update ETHUSD long term trend. Ethereum has always been good to us and has very much played out like my last idea. However i think near term is a time for a small correction. This is due to BTC market conditions and the fact that Ethereum does not live on an island but follows the BTC god market. I expect...
At this point i think its safe to say a new bitcoin bull market has started. My previous idea mentioned that this was the most likely scenario. This leg up has been pretty powerful going higher than i anticipated, pushed by BTC ETF approval. With the Halving coming up i expect Bitcoins run up to continue, however before then it is likely we dip. I am thinking down...
My previous trade idea was tesla going down to 168. That target was reached, at this price point Tesla represents an attractive risk reward ratio for entering new longs. You can ladder your position in, and keep a tight stop below previous low for short term swing trades. Longer term this price is attractive for tesla and you can place new positions(ladder in)...
If you are not familiar with this channel take a look at our previous ideas as this is a continuation of our QQQ trade. Originally QQQ presented a great risk to reward opportunity and we entered a position in that trade. QQQ has out performed our top target, and hopefully at this point you have taken some or most of your position of the table. QQQ still...
QQQ providing a good risk reward scenario for new entries with the potential(though not confirmed) trend change. With bank failures, it seems that increases rate hikes could stress banking system and lead to more failures. Market is now pricing in a lower top on the interest rates and potentially cutting of rates by end of the year(unlikely). Short term these...
Arrows and timescale is for demo only. This is just an overview of the ETHUSD long term trend. Another bear market buying opportunity presents itself. Same as in my linked predictions from last bear market cycle, where we made 10x, ETH is now in a position to start accumulating with no stop loss. Next cycle ETH will likely hit 10k. Todays price represent an okay...
BTC looking like its going to start the next bull cycle. If your looking for new positions look for BTC to create a higher low. 25k and lower is good entry to start laddering new positions. This is opportunity to start thinking of how you going to play next bull run for BTC. The bull cycle will likely last close to two years. Presently it will likely continue...
QQQ likely to top out and take a pause in short term. If you followed my previous trade that was long your well into profit and you should take some of your position of the table.(not all)
This chart represent the true return of the snp as a % of money captured via public markets as a % of the total system. Maybe we go up and test red line
SPY looks like maybe a change in trend to bullish since most uncertainy resolved (Covid, supplychain, war, economy)
Bitcoin long term structure. Bitcoin is a scare commodity with bearer asset ownership. Bitcoin to close higher at end of 2023 most likely