AbTrader0

AbTrader0

I'll just put this out here. Well,,, TV wants me to put more of a description but the chart is pretty self explanatory, maybe that's enough.

AbTrader0

While crypto is hot on my brain these days, I do still trade the markets. Doing more futures now but still looking to scalp, swing or spread whatever. Looking into my crystal ball I see trouble brewing lmao. Crystal balls are for shmucks, TA is where its at. Clearer than a crystal ball, markets are trending down. I know it’s crazy, right? Markets trending down,...

AbTrader0

Just a quick note as an update to my previous BTC charts. BTC still struggling with that 200 dma but consolidation just below without a huge rejection is ultimately bullish. The pullback to the 45/44 area was not unexpected. Keep knocking on that door and it’s bound to open. ETH on the other hand seems to have broken thru the 200 dma. We shall see if it holds...

AbTrader0

So the big market move makes me look like the genius that I am,,,not! (Although I did call this move in my post a while back) . My last few posts have focused on individual tickers but as we all know the market can float all ships. BTC is still the sheriff in town and as it goes the rest come along either leading or lagging a bit. So what’s next? No oscillators...

AbTrader0

The Cardano project has been a bit of a disappointment in many ways but has always held my attention simply because of the potential. It seems the team has a hard time projecting timelines and thus has suffered from traders not satisfied with progress. I'm not as worried about that as I get the feeling they are more focused on being right than on meeting...

AbTrader0

I picked up some AXS at the bottom of the range and looking for it to break out before adding. Took a strong move up to the top of the range but could get rejected. However it is Saturday so volume not ashigh compared to the last couple of days, which was a pretty good move. Note the volume poc's clearly showing the range. Ultimately it really depends on the...

AbTrader0

But it seems to be heading in the right direction. With all the crazy wild projections, it's hard to tell but I'm kinda, sorta bullish. With all the press on the burn portal, Shibverse, new tokens, blah, blah, blah it seems the Shib Army has a lot to cheer about. But hold on there cowboys and girls, the specter of total supply, losses in wallets holding and few...

AbTrader0

What an UGLY weekly chart on the zuckaverse. Looks like an area of decent support if it holds the trend line and the weekly vpoc so a relief rally is possible. otherwise could see 150 or below. Not trading this but WOW.

AbTrader0

Still holding my little orange trend line. Fighting with that 50ma at the moment. Keeping an eye on that weekly cycle. Should be an interesting weekend but not too worried unless it gets below that Jan 24 low. Heavy blue lines are my key levels and the vpoc. Light green are just other areas of volume and interest level wise. Got my hard hat on and seat belt fastened lmao

AbTrader0

In addition to trading it, I use BTC as a proxy for the market in general similar to what I use SPY for in stocks. There are of course, outliers, but this observation occurs for the alt coins as well. Looking at the weekly chart, I was struck by the symmetry in the highs and lows. I'm not a student of wave theory but certainly use symmetry/cycles in my trading. ...

AbTrader0

Greetings fellow traders. Here are 4 of my newer crypto favs and a brief writeup for each. In common with all is the consolidation going on in general with most of crypto. Sources for analysis are CoinGecko, messari.io and lunarcrush.com and of course the charts . VPOC is based on daily over the last 6 months or so. I include social media rankings simply because...

AbTrader0

As we can see, BTC in this ascending wedge pattern of consolidation. It needs to make a higher low and stay above the orange trend line. A break and hold of the 44000 level at the volume point of control is what I'm looking at for continuing onward and upward. Drops below the recent lows invalidates this thesis and we could see a test of the 30k-32k area. Also...

AbTrader0

Greeting fellow crypto hounds. $MATIC Nice move up recently on good volume to settle in above a previous high. Appears to be consolidating and establishing a new POC around the 1.9 area as well as letting the 20ma catch up. Looking for a continuation unless the general market hits some bumps. Likely to see some resistance in those previous high areas around 2.4 -...

AbTrader0

I like this chart. Getting some volume support around 340/350 and holding the 20 ma nicely. appears to be bouncing and a break over ATH could take us to the 1.61 Fib extension around 560. Hard to tell with all the capital gains tax talk and of course famed crypto volatility but Monero has a nice bull trend since the first of the year. Would use a daily close below...

AbTrader0

Chart is in a bearish, wedgish looking pattern with the volume POC right there. I'm looking for a bounce here, with decent earnings and EV sentiment high. That is if Ms Market doesn't keep pushing everything down. Will look for a hold of this 19 area otherwise will likely drift on down to the 16 to 14 area.

AbTrader0 Updated 

Even though this one is an OTC stock, the potential is enormous. These guys mine Lithium, THE key component of current battery technology. They have the estimated largest find of Lithium in world at their site in NV. The only issue with that market is that China controls most of the LIthium processing, but expect that to change over the next few years. Notables...

AbTrader0

Appears to be coming to a double top on the daily which tells me the 42000 is important. Looking at higher time frames, the chart looks very parabolic . I'm still long term bullish but i sense a disturbance in the force, akin to the 2017 rise and 2018 correction. Lots of people plenty nervous about how large the correction will be. IMHO the situation is...

AbTrader0

Liking this setup, I entered on the arrow with the uptick in volume which has since faded. Nice profit so far but watching here looking for a fresh high. IV is really high for options so I'm in equities. If it gets a comfortable pad, may consider selling some weekly OTM calls to supplement the ride up and a bit of a hedge. This has some potential.