RNDR one of the higher momentum tokens over the last year had a major sell off and wicked to my downside target which is the prior cycle high. RNDR reaches for the momentum trend (teal line) on this reversal. I updated a fib extension and I wouldnt be surprised to see 9$ soon. The BTC halving is very close and we should see some BTC stabilization above 60k...
Sei looks like an enormous upside here at this key zone. I have updated a new daily fib retracement. The next downside target is 39 cents but altcoins might stabilize here. Little nibbles around current price seem like a great opportunity. Averaging down to 39 cents could result in at least a 10 bagger over this cycle imo.
BTC has been ranging and very volatile leading into the halving. Do remember that the basement price will be around 60K starting on Monday since the block rewards will be halved. I think the bottom of the previous bull flag seems like a decent stopping point but I wouldnt put it past BTC to wick way lower. We are very close to my downside target 1. -Downside...
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CAH on Ethereum as with many alts had a very strong pivot this weekend. CAH being one of the stronger reversals in the market is a good sign as this is a new position for me. I am trying my best to avoid taking too many new positions as I am already heavily bagged up for the cycle. I have been buying since BTC was 16k on many of my alt positions. CAH is something...
Near had a very strong bounce this weekend after the major altcoin crash. I updated a weekly demand, weeklys are MUCH stronger supportive ranges than dailies. You have to switch to weeklys when the market dies this badly short-term. The teal momentum trend line is right above this important zone. We have already seen a wick into this demand, that could be it, did...
Kuji has had one of the weakest bounces in the market, if you were buying the dip on this falling knife the bounce should have happened this weekend. My downside target remains of 1.6$. If that area does not hold I think the token is dead to be honest. I am very glad I did not get pulled into the hype, I love the cosmos ecosystem, but this token is a wealth destroyer.
BTC is reaching for all-time highs this weekend in my opinion. The chart looks good, Asia has news of an ETF approval next week as a catalyst. We have have been in this volatile range for a while. I think a pump before the halving would really throw people off who have been expecting a larger correction.
Sei has fallen deep into the local demand zone along with many alts. If you have been on the fence about starting a position this is an area of great discount. We could fall much harder but you have to start somewhere. Given that I think BTC breaches all-time-highs next week I have no problem adding small bits here and there to my dip list of...
Today I finally added PEP to my long-term portfolio. This is a value play for me and I plan on parking a large amount of cash here over-time. I expect this to heavily out-perform money market this year. My plan is to sell this a year plus out to capture the value discount we see here. I am a very heavy buyer if we dip to 165$ here. -I like to have defensive...
Man this thing dumped right as I entered, this is an important visualization of my initial entry and how important averaging in can be. I waited for the stock to hit the demand zone for heavier DCAs. I went with 25$ June calls here. I actually added more to the position today as well since we are now deep in demand. I expect a quick pump from BTC to all-time highs...
INJ is displaying another long consolidation phase similar to what we saw last year. This previous consolidation was about 28 weeks. We still have another 10-11 weeks for a repeat structure here. This would put the major breakout in early July. This assumes we do not get a major BTC pump which is possible next week. -My long term network effect targets...
ES and the sp500 reach a potential pivot zones towards the weekly demand zone. Previously I had drawn the demand zone last year thinking we would never hit it again but we took a little nibble then bounced. I believe this might happen again here with a small zone, not as deep. A touch of 5130 is likely, potentially as deep as 5090. -I am only buying value stocks...
Hammond is my largest single stock holding for obvious reasons. We just hit the 1.618 fib, I have been searching heavily for any pullbacks on this stock and we simply arent getting them. Analysts are now projecting 170$ targets. If we are going to pull back it should be around now since this is a very key extension level most of the time. -Short-term bearish...
There is a potential pivot here in the free falling 3ull that broke down from the greater wedge. I thankfully took my initials out on the pump with some profits. My plan is to hold this for the next big multi-day move and likely exit as I have not liked the momentum fall off. I would rather just hold AVAX. This is a lesson in why covering initials on many plays is...
W is forming a range as this initial airdrop is finished. Anything near the median is a potential buy zone, however I do not like to buy tokens this new. More research is needed. If this plays out like TIA we will see a 5-10x in the next few months. I do not agree with selling airdrops during bullish markets. -I am not super interested in HODLing this, but would...
BTC broke this wedge early this am on strong volume. Generally you want to see an entire thick bodied candle to confirm a breakout, this happened plus this additional massive candle. This is the upside I was hoping for with my CLSK call setup I entered last week. A strong reversal in stochastic is noted. OBV not pictured is back to a bullish trend. The BTC halving...
Pendle continues to exceed expectations. For those who do not know my Pendle was unfortunately drained a week ago and I lost my entire bag (never has happened to me before). I will continue to cover this amazing token as it is still one of my favorite projects in all of crypto. If I ever see another entry Like we saw on that 2.5$ dip I will re-enter. -My price...