WealthHunters

02:11

WealthHunters

I bought a Call Option on #GLD with a $181 strike price and 3/4 expiry. #GLD has been on an uptrend for obvious reasons- it's a hedge against inflation, which is running rampant. Price is currently compressing in this bullish pennant pattern and I'm taking a bit of risk-on bet that this trend will continue. I'm taking profits quickly on this one in...

03:53

WealthHunters

I BOUGHT A PUT OPTION on #QQQ WITH A $349 STRIKE PRICE AND 3/4 EXPIRY...ALREADY IN THE MONEY... HERE'S WHY I ENTERED THE TRADE... #QQQ opened higher than yesterday's market close. However, I believe this is a bull trap. Price is pushing against major trendline resistance and the stochastic indicator on 1HR and 4HR charts reflects QQQ in overbought territory. My...

02:08

WealthHunters

It's 1120am MST on 2/28, and I am expecting a further market decline. I already have a VXX call option in play right now and am expecting this position will end up in the money. It seems Russia/Ukraine war is starting to heat up despite the meeting between the two countries today. From a technical analysis perspective, there is another inverse head and...

WealthHunters

Bought a weekly call option on MRO to hedge against market correction. Marathon Oil is one of the US’s largest oil producers. If Russia invades Ukraine, I believe it will absorb a large percentage of global oil supply, and American oil refineries will possibly receive help from US govt. to ensure we have adequate supply. This is a short term play for me to...

WealthHunters Updated 

API3 price is resting slightly above support at the bottom of a multi-month consolidation channel. But this isn't purely a TA play...API3 will be launching a new product (Amberdata Beacons) at ETHdenver...which will have over 3,000 devs... and is only 2 weeks or so away! As one of the only credible competitors to Chainlink, and with meaningful partnership and...

04:21

WealthHunters

In my opinion, buying a VXX weekly call option is an amazing way to hedge your crypto portfolio against the market volatility resulting from geopolitical and macroeconomic concerns. Unless you live under a rock, you've reeceived incessant push notifications regarding the Russia/Ukraine geopolitical conflict and the inflation-driven macroeconomic concerns....

WealthHunters

Thesis: Russia/Ukraine tensions threaten to disrupt the global supply of Palladium- a precious metal used to produce semiconductor chips. Small chip producers, particularly in smaller countries like Taiwan, companies may not be able to get their hands on enough supply. Palladium prices may increase if that happens....Plus, from a TA perspective...check out the...

WealthHunters

Inflation-related data seems to be spooking crypto market again... pushing crypto, and risk on assets, to the downside. As of 1145am MST, this hasn't been fully confirmed. IF we see a bounce off the .07 region (support) to .073 and beyond...THEN it's looking bullish over the short term. IF we see price goto .069 or lower...THEN it's looking bearish short term....

WealthHunters

Not only do the charts offer 13:2 risk-to-reward ratio, but Gala Games "Town Star" game is gaining in popularity. Google trends and SEMrush both indicate that search volume for "town star" is increasing. Not to mention that Gala has tremendous price support beneath its current levels. If the market offers the opportunity for me to take profits over the short...

WealthHunters

Disproportionate risk-to-reward returns here. Unstaked some stables to have more ammo for the upside

WealthHunters

Price is currently resting above support. Trade offers 4:1 Risk-to-Reward when taking profits aggressively. The risk-to-reward ratio could increase a lot if we let the TP run higher (because market conditions at the time indicate a continued uptrend to new ATH's). LINK is also in oversold territory and plays an integral role in blockchain interoperability,...

WealthHunters

Placing a heavy bet on this token for disproportionate rewards. I think it has 10x potential. Here’s why: 1. Backed by Animoca Brands ($5B company invested in Sandbox, REVV, etc.) 2. TA indicates 10:1 risk reward ratio 3. Its a playable, mobile game- which is not always the case with coins in this market cap range. 4. According to Santiment, TOWER has the...