About meTrading since 2017.
Mostly Crypto (its a bubble), also Stocks.
Mostly swingtrading setups, sometimes longtime plays.
Posting seldom but with high conviction.
Dont trade based on my analysis, always think for yourself!
i believe the current uptrend in btc and alts isnt for too long.
i looked up for promising short setups in alts and came across TRX.
It seems to trade in a triangle which should break (up or) down soon.
Justin Sun still wants to enable the TRX burn and mint functions (the same as LUNA/UST), but there is currently no date for that.
Originaly they wanted to...
Hello, i plan to enter a high risk, high reward trade on FTT soon.
Im planning to buy at these 3 green lines and selling on red zone.
This is very high risk! if this trade doesnt match with your personal risk profile you shouldnt do it.
Im only buying what i can afford to loose and so should you!
Big drops use to have big corrections and i expect a FTT...
Hello, just wanted to share my current view on the markets and what i think is gonna happen the coming Days.
Btc is currently trading above a local support and i think its somewhat likely that we will see a resistance retest before crashing to 10-14k.
its seems we are currently trading in a local rounding bottom (white curve) altho thats not for sure yet.
Hello, im expecting a huge selloff for BNB in the coming weeks ahead.
When the upper support box breaks then theres basically no major support anymore until <40$ from a TA perspective.
Fundamentally all these Exchange tokens which burn part of their profits like BNB will be deemed a security.
Its just a matter of time until crypto gets regulated and outlook for...
Hello, im suprised Solana didnt sell off more after the FTX fraud, as SOL basically equals FTX.
I think the market is massively overvalueing Sol currently.
Thats why i looked for a short setup and came up with this.
Im not sure if Sol will even reach this zone again but in case it does i would short it in this red zone.
Dyor, Crypto is a massive Bubble full of...
Hello altho Huobi volume is ridiculous low the exchange token is currently pumping because justin sun and others became board members of huobi (and are actively pumping it).
So i see a good short setup in this as there´s no fundamental reason for this raise in price.
using close stoploss, as its risky afterall to (knife-)catch the top of this pump, but i think...
Hello, RVN was one of the best performers in recent weeks and i think it may sell off soon.
im taking 2x leverage short at the resistance(green zone), for now without stoploss but will put one once i see the reaction at the potential resistance.
Dyor, and only invest what you can afford to loose.
PS.: Crypto is a bubble.
Hello, we can see tight bollingerbands on the eth/btc pair on the monthly(!) timeframe, which means that soon we will see ALOT of volatility going on.
As we are still in a bear market its not hard to tell in which direction.
Alts are trading as a segment, i expect other altcoins to heavily sell off soon too, not just eth.
Personally not planning to trading this,...
Hello, here´s an overview of my 2 main scenarios im basing most of my trades on.
Crypto either has another bullrun (the last one for sure before bubble popping) after testing the 10-14k support area
or the bubble is popping already and the 2020/2021 bullrun was indeed the last one.
Targets for my Bull sceanrio is ~100k USD in 2024/25 after the next...
Hello, as ripple is still up because of a supposed win in the xrp lawsuit im eyeing to short it.
XRP is very likely a security and the hopium of the xrp cult members to win the case is the sole reason for the good performance in recent weeks.
As it is soon approaching what i see as important resistance im taking a short arround 0.6 USD.
XRP is highly centralised...
Hello, im taking a short position here with very close stoploss. risk / reward ratio is very good.
im using very tight stoploss and current price is the entry.
LUNC is a dead chain and a pump and dump. the "burn" mechanism is stupid.
Hello, because the blockchain is public we can see in real time when or if new money is flowing into crypto in the form of rising stablecoin marketcaps.
This is an important insight which would normaly only be visible to exchanges in classic fiat finance.
Without new money entering the market there wont be a sustained raise in crypto prices.
The graph shows the...
Since the twitter ipo basically all the stock did was trading sideway and it should be time for it to breakout.
Current marketcap is 32Billion which is compared to other high traffic websites pretty low.
With a new CEO and some changes, this has lots of room to grow to my Resistance curve.
I marked Green Buy zone from 32-36USD.
Targets for 2023 are 150+...
Hello, from time to time people asked me to chart CGC and until recently i had no strong opinion to give but now i took a closer look and saw a promising setup:
CGC was non stop dropping in the recent months and it looks very oversold already.
Im waiting to buy at green support and sell at red line for an quick 200% gain.
Cannabis stocks were more kind of a meme...
Hello, after seeing blocks p/e ratio of roughly 470, i think it is massively overvalued and i expect it to go to my target zone in the coming weeks.
May even going lower but playing it safe is better i guess.
Current correction seems a good opportunity to short it, altho still recommending stop losses.
DYOR and please leave a like =)
Friendly reminder to sell before GME is crashing for real.
For the people that keep holding this, i hope you only invested what you can afford to loose.
Reasons for it to fail are in the linked Ideas.
It held up for a long time but i believe it is time for it to crash next month under the current FED policy.
GME is a Ponzi.
DYOR, this is no recommendation to...
Hello, i think there will soon be a good buy opportunity for spx (and other stocks).
i personally dont believe that we are heading into a full blown recession and this zone should be the bottom.
If the red resistance doesnt break then i may change my mind and i would sell this position again tho.
DYOR please and dont rely on randoms on the internet!
Hello, in the coming weeks i expect btc to test 10-14k support and alts will take a big hit for sure too.
Against what propably most people do i scanned for alts which performed the best in recent weeks and look for short setups.
Alot of traders propably long when they see alts doing 3x, i see exceptional short setups.
CHZ is another candidate which performed...