SCOTCHstocks

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QCOM appears to be ready to pull a Wile E. Coyote and run off a cliff. Not a good look. The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you...

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IMO, Golden Minerals, AUMN , has arguably one of the best and most bullish setups I have ever come across. It will be fun watching this one play out. Amazing risk/reward play with easy invalidation levels as well to protect yourself in this trade. The featured content is intended to be used for informational purposes only. Everything shared here is my own...

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Is it finally time to be bullish on gold and silver mining stocks? A lot of indicators are pointing to YES. There will certainly be pullbacks along the way, but with interest rates rising and war tensions overseas, precious metal stocks are beginning to gain a lot of interest. NYSE:AUY will be the perfect example of that. The featured content is intended to be...

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A clear bull flag has formed on everyone's favorite meme coin, BINANCE:SHIBUSDT . Will a Super Bowl ad trigger the expected breakout? Possibly, but regardless of the catalyst, we are expecting a bullish breakout in the near future. As a bonus, zoom the chart out for our mid term target zone! The featured content is intended to be used for informational purposes...

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Litecoin COINBASE:LTCUSD is still within a consolidation range (shaded box). This is very similar to what happened with Ethereum recently. Once we get a break above this area, look for Litecoin to make a move that will melt faces. I'm looking for a target of around $400 by late October, with possibly even more upside into December. If we break up out of the...

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With all the fear mongering/hype regarding the Delta variant, along with newly implemented mask and vaccine mandates, the idea of more lockdowns is just around the corner. Because of this, I plan on playing this low risk / high reward short setup in the Dow Jones Industrial Average TVC:DJI or AMEX:DIA ). This play is being used slightly as a hedge against any...

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I tried to be as clear as I could with the takeaway message of this ratio chart. When you get to the top of the channel (red bubble), it's typically a great time to sell LINK and buy BTC. When price gets to the bottom of the channel (green bubble), it's typically a great time to sell BTC and buy LINK. Suffice to say, I am using some of my BTC profits to scale...

SCOTCHstocks Pro

Litecoin has been my main focus throughout this bull market in cryptos. Let's zoom out on the COINBASE:LTCUSD chart. You can see the rising wedge pattern that I've been covering for the past 6 months or so had a decisive break down around mid-May. This was our flashing "sell signal." But as you can see from the arc structure, this bull isn't done running just...

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In continuation of my most recent post on COINBASE:BTCUSD , the topping pattern has held strong (so far). Was Elon's tweet and the China FUD all just perfect, coincidental timing? Or did the technicals tell us ahead of time that we were in for a major correction? Either way, Bitcoin appears to be trying to put in somewhat of a V-shaped recovery, BUT will the top...

SCOTCHstocks Pro

When looking at the 10 Yr Yield chart, the price is currently sitting at a key area of support. A breakdown of that support could lead to a massive move to the downside. This would be enough to send equities and commodities soaring. A bounce from here should take yields right up to two big areas of resistance - first, the recent high around 1.75 and long term...

SCOTCHstocks Pro

What has been going on with Bitcoin lately? Is it ready to breakout to new all-time highs or is it actually starting to form a top? The arc illustrated in the chart is a common topping pattern, so if you are a Bitcoin bull (which I am), you don't want it to keep staying within that arc. You would want to see a break upwards out of that arc for confirmation that...

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Since October 2020, Litecoin ( KRAKEN:LTCUSD ) has only closed below my daily close support trend line TWICE. The 1st daily close below was in December and it was only for 1 day, which means it turned out to be a false breakdown. In the following 9 days, Litecoin went up 78%. Tonight was the 2nd time. Will history repeat itself? Or will Litecoin begin a further...

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NFTs are starting to get REAL hot in 2021. Will NASDAQ:WIMI be the king of NFT stocks in 2021? We potentially have a Stage 1 base that formed starting in August of 2020 until January of 2021. Did we just see a retest of a Stage 2 breakout? The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It...

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For WPM , it's getting very close to do-or-die time. A break above the red resistance range (with at least one daily close) would be SUPER bullish for WPM and the whole precious metals sector. However, should WPM break below the green support range (with at least one daily close), we would expect a lot more downside pressure to come to the precious metals...

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We are getting a double retest of December's breakout point. Assuming OTC:KLSVF does not lose support, we are expecting much HIGHER prices in the weeks ahead. The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on...

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When looking at the Litecoin to Bitcoin ratio chart ( BINANCE:LTCBTC ), it suggests that Litecoin will outperform Bitcoin in the near-term. We see our breakout, retest, and now it's SCOTCH time. Let's take advantage of this! The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important...

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NASDAQ:GNOG is another one of these "buzz" stocks that have TONS of potential, but just seem to be continually getting whacked. These stocks may take a while to find their bottom, so don't get crushed waiting for that to happen. When this stock breaks above the resistance line displayed on the chart, that is when we will start pouring the SCOTCH. The featured...

SCOTCHstocks Pro

We have a beautiful setup forming in KRAKEN:LTCUSD right now! We are expecting a move down to $120-$130, followed by a potential 200% move up! We will be looking at a SCOTCHstocks target range of $300-$400 when this is all said and done. Don't forget to check out our updated Bitcoin thesis, as it is playing out perfectly so far. The featured content is...