stewdamus

10:07

stewdamus

Traders, What I see in the charts is quite simple. We must set our emotions aside and think logically. What are the charts showing me in the altcoin space? Let's visit this topic quickly. Stew

stewdamus

New level spotted providing significant resistance and causing me to pause and adjust my final target. Taking the rest of my profits here. This level comes all the way from Nov. of last year, so, there will be significant resistance. And with many of the altcoins still showing bear flags, I am not going to push my luck. Congrats, to those who followed me on this...

20:07

stewdamus

Traders, I'll cut to the chase. There are 3 probable scenarios for BTC price movement at this time. I'll go over least likely to most likely and why: 5:00 - Least likely: Break straight up and through our 30,500 resistance. 6:30 - Most likely: Drop to our Dec 21 TL, kiss it, and continue up again. 8:10 - Other possibility: Drop to our Dec 21 TL and break it....

stewdamus

Took half off near 30k. Moved stops up to buy in avg of 26.4k to ensure profit. Now, a bit of TA. BTC broke above the descending Dec ‘21 TL. This was hugely bullish and I mentioned in my paid subs group that if this happened we’d retest that $30,500 resistance quickly. This we did and are doing now. The big question is will $30,500 be broken to the upside. If...

stewdamus Updated 

I know, I know. Very last post. The title of my video, “Now is not the time to be buying altcoins”. And I do stand by that statement for the most part. Because for the most part many of the larger cap alts (which is mainly what I trade in a bear market) do employ a variant of the PoS mechanism. And this is really what the SEC has been targeting at the moment,...

20:06

stewdamus

Traders, What the charts are showing me concerning altcoins is not good. Caution is warranted with maybe a few exceptions. Let's take a look at what the charts are showing me. 00:10 - Intro 05:26 - Bitcoin Chart 08:20 - The Dollar 09:04 - The VIX 09:39 - US500 10:51- Bitcoin Dominance 12:18 - Altcoins 17:12 - User Requested Stew

16:37

stewdamus

Traders, I am not worried yet. In fact, if anything, I have become more bullish. But there are some key items we have to watch on these charts tomorrow, through the weekend, and into next. I'm going to show you what they are. Stew ----- Content ----- 00:10 - Intro 01:15 - Bitcoin Chart 03:00 - The Dollar 04:27 - The VIX 04:40 - US500 08:15 - Bitcoin 10:50 -...

stewdamus

Traders, Solana has hit it’s previous inverse H&S neckline for a classic retest and should bounce soon provided BTC maintains its position above 25,300 tomorrow. Position = SOL Direction = long Entry = 14.47 Stop Loss = 12.88 Take Profit(s) = 200 ma/19.61-19.65 Risk/Reward = 3.37/1 Best, Stew

stewdamus

Traders, Admittedly, taking another risky trade here. But after (3) three long months of waiting, Bitcoin has finally hit my projected neckline retest and I had to take this trade: Position = BTC Direction = long Entry = 25073 Stop Loss = 23400 Take Profit(s) = 30500 Risk/Reward = 3/1 Best, Stew

stewdamus

Traders, I’ll be honest. Risky trade long here. With the SEC suing Binance/Coinbase and the Ripple suit yet to be settled, plus BTC is currently under my $25,300 neckline, the following is a risky trade. But I am taking it: Position = xrp Direction = long Entry = .4769 Stop Loss = .44 Take Profit(s) = .66 Risk/Reward = 5/1 Leverage = NONE Profit Potential =...

stewdamus

Traders, Over 90% of the market is currently pricing in a FED rate pause tomorrow, but beware, the market often moves towards the point of maximum pain. My charts are showing we are at a critical point of resistance as I type this post. The bulls are going to have to conquer 4,370 and confirm it on the daily to convince me that the they are not out of steam just...

19:43

stewdamus

Traders, We woke up this morning with a bloody mess in the Altcoins space although Bitcoin and Ethereum both held critical levels and, believe it or not, I remain bullish on. Let's take a look at these charts and talk about what occurred. Are there any altcoins even worth entering? Which ones? What are some good entry areas? Stew

20:07

stewdamus

Traders, This week we'll focus on the altcoins. How are they fairing? Is there more downside? How much FUD will the SEC's lawsuits against Coinbase and Binance cause? And can the lawsuit actually be looked at in a positive light for the crypto community? The quick answer to that last question is a quick "yes". I'll explain more at the end of this weeks crypto...

stewdamus

Traders, I will accept our wick down today to a price of 25,300 as a touch of the neckline from the Cup and Handle pattern. For months, I have been expecting this retest at 25,200. I think 25,300 is good enough! Now we go up. If you follow my channel, you will see a future post regarding the top 6 altcoins I am currently looking for long entries in should we...

stewdamus Updated 

Position = APE Direction = long Entry = 2.86 Stop Loss = 2.49 Take Profit(s) = 4.22 OR 200 DAY Risk/Reward = 3.5/1 Sitting on solid support rn and RSI nearing oversold.

19:54

stewdamus

Traders, Legalized mafia (the SEC) have attacked crypto once again. But crypto remains strong, resistant, and resilient. This time will be no different. In fact, from a technical standpoint, as long as we can remain above BTC 25,200, I will be as bullish as ever. Let's take a look how the SEC's lawsuit against Binance might impact crypto. Stew

stewdamus

Traders, SAND is in prime position to move even higher than it already has these past few weeks. I haven't entered this trade yet but may soon pending these occurrences: I want to see a move above the 200 day ma with confirmation I want to see a break above the red descending TL I want to see a move above the Ichimoku cloud What we have: A breakout...

20:07

stewdamus

Traders, As debt ceiling issues appear to be being resolved, the market is becoming even more bullish. Fear (VIX) is dropping to multi-year lows, the dollar continues its longer-term drop, and the stock markets are popping with several breakout signals. What does this mean for our crypto space? Let's take a closer look. Stew