benjihyam

benjihyam Updated 

The COINBASE:TRBUSD chart looks like one of the best charts out there at the moment, but I still think there's a bit more downside ahead before a big run. I think Tellor has one last leg down to $28.60 or $35 supports, then I think we'll see a big surge higher in the coming weeks back up to retest the highs in the $300 range (which would be a 10x move). I...

benjihyam Updated 

The chart for the last range played out already, so now creating a new chart to focus on price action over the coming month or two. We ended up tagging the $58.2k support on the bottom of the range and have since bounced higher. I think it's likely that price action will continue up until the $66k resistance. If price can't break above that level, then I think...

benjihyam Updated 

NASDAQ:META had a negative reaction to earnings yesterday. I was originally thinking that MSFT's earning reaction would be positive but as I look at the chart and options flows, I'm starting to think we're going to see a negative reaction. I think most likely outcome is that we drop from here to around the $370 level, if that level can hold there's potential...

benjihyam Updated 

Not of fan of the CEO, the stock, or the company, but I like to take a trade when I see a good setup. This one is definitely on the riskier side as earnings made this one decline right back to support yesterday. On low timeframes though, price is at the ichimoku support, if price can bounce from this level here, I think there's potential that it could setup a...

benjihyam Updated 

CRYPTOCAP:BTC has formed a rising wedge that it broke down from. What would make the most sense to me here is for BTC to test the top of the rising wedge to confirm resistance and then to break down to the lower support levels between $58k-60k. After that I think we'll then go up to test the top of the range between $76k-78k (which I believe will be the final...

benjihyam Updated 

I know a lot of people were following the NASDAQ:HUT idea, so I thought I'd give an update here. Most people are convinced the miners are heading higher here. I do agree, but I don't think the trade will be as easy as longing this move. With a rejection of this level, it sets up a move down to the lower support level around $5.59-$6.33. Once that level gets...

benjihyam Updated 

I know everyone is bullish BTC and miners here, but the charts still don't look great even after the bounce. I think what's most likely from here is that we sweep the lows before getting a sustained trend higher. We're rejecting off resistance here at $12. I think this is likely to lead to a strong move to the downside. We have a ton of gaps to fill from the...

benjihyam

I've never seen so many delusional bulls that think a stock is heading higher. Even on positive earnings, the stock fades. Even if it manages to finally break higher in May to the upper resistance at $82, the move will be faded. PYPL doesn't look like a good stock to own until it hits the lower support levels between $37-$41 (which we will see at some point...

benjihyam Updated 

This one is a risky trade as it's all up to earnings, but the chart to me looks like MSFT wants one last leg higher before topping. If price finds a bottom in this $390 range, then I think we will see a big push higher up to around $450-$500. Let's see how it plays out.

benjihyam Updated 

$XYO looks set to make a big move higher. I think we'll see a move to $.014-$.16 first, then likely pause/ correct a bit before seeing a large move higher up to $.062 as first resistance. Let's see how it plays out over the coming weeks.

benjihyam Updated 

NASDAQ:TLT seems to be setting up for one last move higher. I think we're likely to see a bottom of the short term move between around here at $92. Then I think post fed meeting, we'll get a move in TLT up to the $98 resistance, that's where you'd want to be a seller of TLT or buy puts. After that, I think largely the remainder of this year will be bearish...

benjihyam

I was down in Mexico over the past week and most people were commenting about how weak the dollar was against the Peso. While I was there, the dollar made a move from the low SWB:16S to $18. Most people kept saying that if it gets to $18-$20, you should sell your dollars to buy more pesos, because the dollar will decline against the peso over the long term....

benjihyam Updated 

I've been watching this chart for over a year now and it looks like it's finally ready to move. It had a surge upside today and then nearly retraced all of the move. I took a position at $.00903 with the idea that this could go to $.072 to $1+ on a strong move up. It's still a very small market cap that could move way higher, if money starts flowing in. Let's...

benjihyam Updated 

Updating my past idea with some lower targets. It looks like we're in a large downtrend channel. We've just tested the bottom of the downtrend channel and now have turned up. I think the next big move is to test the top of the channel around the $16-17 target. I don't think we'll break the channel because 3rd tests rarely break. 4th+ tests break the...

benjihyam

$LQTY has been in a downtrend for over 2 years, recently broke out of it and then retested the trend line as support. We've had an initial thrust off the bottom and have now retraced 60%+ from that move, which leads me to believe, it's finally time for this thing to start it's real run higher. We're currently testing the bottom of the cloud, if the cloud holds...

benjihyam Updated 

COINBASE:KNCUSD to $2.45 once price breaks the blue trend line breaks to the upside. That is all.

benjihyam Updated 

NVDA had a great reaction to earnings and I don't think the move is done yet. Over the next few weeks, I think we'll witness a monster move higher for NVDA. Once it surpasses the $855ish range, we should see a straight shot up above $1000. Think we're likely to top above $1050. I bought calls prior to earnings 3/8 $740C and some lotto tickets 3/8...

benjihyam Updated 

Flow looks extremely bullish here. 4hr, 8hr, 12hr, 1D are all in bullish territory on the RSI and have room for a large move up. Price just broke out and backtested support. It's only a matter of time before $3 is hit.