chillcrypto

chillcrypto

Seemingly more to come. Not to FOMO but this may be a possible option for when it's time to unload equities.

chillcrypto

I drew a couple of trend lines - but my takeaway is that we have been in a consolidation pattern on silver since September. We recently broke above a downward trend and picked up on a upward trend from earlier this year. This may be an entry point as the risk in equities increases. Its something to watch but I'm not sold on this being the point at which we break...

chillcrypto

BTC has been in an area of consolidation while GBTC was catching up to the new higher area of support. The USD continues to weaken relative to Bitcoin. We need to test this new level but likely not until the weekend.

chillcrypto

We touched the trend line for a decent profit. SQQQ tends to turn around quickly in this market as the bulls just want to keep going. So if you want your profit when this occurs, set your limits and take it while you can.

chillcrypto

Let's see what Friday afternoon has in store for us. I got stopped out earlier this week and plan to re-enter.

chillcrypto

Looking for a solid move up from here and additional entry or else looking for an exit plan if this breakout fails. ETHE is also up solidly this morning.

chillcrypto

Broke out above for a very strong day.

chillcrypto

SQQQ was a good short term play to offset some of my (day) losses. We are touching some trend line (areas) and SQQQ is continuing downward. I'm not a perfect trend line creator, but the trends give me something to aim towards.

chillcrypto

The last time money flowed into the fund this quickly, there was a nice upswing.

chillcrypto

It appears that we are in a consolidation pattern on ARKG testing both the top and bottom of a range. The market is not taking a direction today so will have to wait to find out whether we go up or down from here.

chillcrypto

I'm using this level to re-distribute increase my position here - as well as in PBW.

chillcrypto

PBW has been trading sideways after breaking down from its long upward trend (fueled by the prospect of clean energy stimulus in 2021).

chillcrypto

At least as long as equities are getting the attention. And investors decided whether they want Bitcoin or another crypto, there is no real clear direction up or down. Though a swing trade entry may be near. Its really hard to tell which way this wants to go.

chillcrypto

ARK funds seem to very well managed. I've been watching this one for a time but decided to be more cautious. I entered late but boy did I just miss out on 20%+!

chillcrypto

BTC was down as of this snapshot. BTCUSD was up but BTCEUR was down. But overall only a 1% one way or the other. Seems that investors believe this is a holding level until moving higher. I'm not assuming one way or the other until there is a clearer direction.

chillcrypto

BTC has set a lower support level, or has just dropped into a lower range. For now is supporting the top of the range but we'll have to watch over the weekend to see which direction this goes. Consolidation at this new level? Seems that everyone believes in equities at the moment. Watching for a break out.

chillcrypto

Off 18% at the time of this note. Hit a prior area of consolidation. Likely moving through this level and on to the next lower support line before a reversal.

chillcrypto

We seemed to inch up just over the range we've been consolidating in and have 'just' peeked over the range we've been consolidating in. Will this hold? Or will we fall back into the range as we have previously? Seems gold is shinier than bitcoin right now.