Grandmaster76

Grandmaster76

For many weeks, Bitcoin has been trapped in a snail-like formation. No longer thrilling mountain tops of profits and steep losses, it is calm and institutionalized. The formation between 33k and 37k continues to form. Everyone complains about how slow it is. Friendships based on Bitcoin's rise end. Every time it touches the lower end of the band, there is a...

Grandmaster76

Potential downfalls of Bitcoin and scenarios that could play out with a sustained bear market. Resistance at 39-40k. Support levels marked and notated. Watch the trajectories. Bitcoin is now officially the legal tender of El Salvador!

Grandmaster76

If Bitcoin breaks through its current levels of support and continues to be a bearish scenario, these price levels may be of concern.

Grandmaster76

Though cryptocurrency as a whole and its related stocks like MARA and RIOT have been declining by almost 11-15% a day recently, the bottom has not yet been found. Farther we dive, searching towards the end of May for low levels with more support. As you can see, there is strong resistance ahead with the red line marking each one in time. When a stock is this...

Grandmaster76

I've been watching RIOT and MARA fall epically down the last month from their amazing highs. We've had a small bounce on Friday after a series of lower lows, but with BTC continuing its descent to 48k, MARA will most likely continue to slide in May as well, unless something major changes. I'm planning for a buy-in around $13-14, where there is some support....

Grandmaster76

Goldman Sachs longtime exec Aziz McMahon, who had worked for investment bank Goldman Sachs as a managing director and head of emerging market sales for 14 years, made about a million in BTC, ETH, LTC, and Dogecoin. Aziz quit his job at the company earlier in the week, a decision he had made after cashing in his Dogecoin investments. It’s unclear how much the...

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My favorite new indie stock, Seelos Therapeutics, was recently upgraded from a price target of $4.70 to a whopping $15. For this to happen, it may have to beat some bears (in SPY) and sharks (in short interest). Short interest in the stock is down, with most shares not available to short. This is positive and bullish for shorter term. The stock market looks to...

Grandmaster76

I called the SPY top at 422. SPXL was hovering above $100 and I thought wow, what a recovery from $30 levels. More than 3x returns? Likely not without retrace! Next few days, we see SPY dropping. Today was the most impressive drop! Might be a good time for yearly investors to "Sell in May, Go Away," if you are happy with your profits or family members need...

Grandmaster76

MARA rocketed down last night frighteningly for many investors and BTC did a plummet as well. This morning, I eyed a great opportunity to buy in around $22 in the pre-market trading on WeBull. I just love the oversold and overbought indicator functions! You can see the trade analysis much better in a smaller timeframe, but TradingView only allows 15 minutes or...

Grandmaster76 Updated 

After rising to new highs this year, BABA stock has retreated to $220 levels. This may still offer a safe and good buy, with a projected 40% upside for the upcoming year. The median price target is $322 and the highest price target is $407. Note the red button on the MACD, we may see some more downside, but it shouldn't be huge unless the market as a whole...

Grandmaster76 Updated 

I hope this stock doesn't follow the "Sell in May, Go Away" yearly adage. I first noticed it at $1.80, and was a great buy then. Rumors were circulating that this company had found major oil in Africa. With the news that they had indeed located liquid gold, the stock shot up, and momentum carried it to new heights. I put in a simulated investment so you can...

Grandmaster76 Updated 

PBTS is launching new solutions for connected city applications. After a fantastic rise in early 2021, it has fallen close to its all time low. Whenever I see a lot of red, it means the stock may be at a safer level to buy, and we look for the true bottom. It has a good analyst rating of $7.00. That's a meteoric rise from current levels of $1.65. I'm not sure...

Grandmaster76 Updated 

Named one of Investopedia's Top Growth Stocks for May 2021, QDEL offers a good buying opportunity even at current prices. QDEL (www.wsj.com) has a low price target of $95 and a median price target of $167. I would think this a great buy at $80-95 with a sell at $140, which is the current resistance before a pop upwards is possible. This would take...

Grandmaster76 Updated 

Those with smaller portfolios who risk losing their day-trading minimum capital of $25,000 should study this chart. MOTS had two great opportunities so far this year - both of which could turn a small account into a sizable one. Looking on the 4 hour time zone, we clearly see the best oversold opportunities in which the stock cannot fall any further down. We...

Grandmaster76 Updated 

Technically, MARA and RIOT were both oversold last week and that downward momentum coupled with Bitcoin's key support levels provided an excellent buying opportunity with a high rate of success. This proved true, as Bitcoin, MARA and RIOT bounced off the key levels of support, and the trade profits grew in size. It is almost always better to wait for the perfect...

Grandmaster76

RECAF is one of my favorite stocks this year. I regret not buying it at $1.8 in my real account, though I did in my paper account on TradingView. The price target has been lifted to $7.80. I thought it would cap at $5, but they've struck liquid gold, oil. Potential buy after retracement from highs around $4.44. Let's get caffeinated with Cup O'Joe, carefully....

Grandmaster76

Multiple strategies and algorithms have been working excellently for TradingView's Paper Account feature and I'm up 300 paper grand. $$$ If only it was real money! $$$ I automated a few of the algorithms with some PHDs and gave them to a third world country and used some of the profits to feed starving Ugandan children who live on $1 day, the world's lowest...

Grandmaster76

Find when the launchpad is ready for take-off again. This is the time to enter. It signals a breakout is coming. Profits are there for the taking. Identify breakouts easily to know when to enter and exit a trade. Create consistent profits.