Hourly head and shoulders forming on bitcoin. TP would be in the 37800 range at structure. ETH - Loving the sideways movement allowing the same pips twice in two days! Shib - Would expect a solidification of the bottom we've had and sentiment to follow with the two legacy coins. Keep Stacking It How you do one thing is how you do everything. -Harmonic Puma
Today is a ride day. If you've been positioned. Lets ride it out. If not. We're breaking the diagonal upwards resistance trend line on BTC & ETH (similar Charts) Shib still has some room to oscilate within the upside down triangle. Feg maybe finding a second solid bottom. Thanks for jamming. More info on the development of these positions in the last few video...
Today is a reiteration of positioning. Balance points in the structure of the market. With ETH being the focus of todays video. Typically, I try to stay with charting only, but I did find a token that I thought was worth mentioning. Fundamental Analysis on this USE case is VERY cool. In this one I do talk about my choice of meme token as my "experimental money"...
Dell has been on the down for a year, now they are really going down. And they are still doing stock buy-backs. The stock is way too high. Dell will be the main stock dragging down the XLK ETF for the next two weeks, and the next two months. They could get in serious debt trouble here. Dell is my number one short position with out-of-the-money put options into June.