CheelooTrader

CheelooTrader Updated  Nov 25, 2023

Gap and go past ER indicates strength. 200 EMA backtest, 60 VMA, and MACD signals are all green. Two ways to trade, build a position below 33 and set it as a stop loss Wait for test of 35/36 and enter on the hold of 33.

CheelooTrader Updated  Nov 12, 2023

Monthly chart setting up nicely. Still some work ahead to clear the 200DMA. Big upside above that. My guess is that this doubles this year to around 35-39

CheelooTrader Nov 6, 2023

Monthly chart is setting up nicely. if it takes out 88, ATH should be quick. stop loss: 79

CheelooTrader Nov 6, 2023

I must admit despite all the TA I have tried with this name, profit has eluded me because most upward action has bee around ER. I have tried not hold big positions into ER, but this name has proved me wrong last three times. Bounced off of 60 VMA nicely an caught fire. another test of 45 or flag above would set this up nicely for 60. despite sluggish...

CheelooTrader Nov 6, 2023

One of the strongest names of this year. All signs point to a future multibagger. Overbought on daily IMO, needs to cool down and test 5D EMA for next leg to 40. No position yet.

CheelooTrader Oct 20, 2023

3D chart got bid into the demand at 16 and has good volume to break out. Base here and hold above 17 likely tests 24 in a squeeze mode. Being volatility index, be sure to take profit at every resistance and manage risk. Stay away if you haven't traded it in the past.

CheelooTrader Updated  Sep 6, 2023

3D chart showing incredible symmetry just below VMA. Daily holding well above 60VMA Another daily close above current level would confirm a breakout with possible targets at 11 and 17. Bear case: for the volume seen last couple of days, price should have moved up, so makes me wary of fade below 8. Disclosure: I am long via commons with 8 as the stop...

CheelooTrader Aug 6, 2023

Lesson: You don't need a perfect entry. Getting in late and staying in the trade longer guarantees more profit than buying at the absolute breakout and then choking at the higher levels.

CheelooTrader Jul 28, 2023

Another test of 200EMA and the G2R reversal today looks nasty. Won't read too much into it yet, but then I won't add more until daily action improves. Even if it gets sold, there's a good support near 16. I'd be concerned below 13 though. No need to panic yet.

CheelooTrader Updated  Jul 21, 2023

Price coiling above 200DMA on a 7x volume. Yesterday's reversal was very timely. now it needs to push to 20 and again base there for a breakout to test 27 where sellers would show up. Plenty of time to get in. test of 20 and breakout will provide bigger R/R as nervous sellers could put downward pressure below. Disclaimer: Long via commons at 16.63

CheelooTrader Updated  Jul 13, 2023

It held the SEC investigation news very well into the demand. If it continues to build above 50 zone, either the next capitulation move or a news is going to push this back to 80-90. I'd be careful to short this unless 48 is taken out. Until then might be choppy, which would be a great sign for bulls. My personal thesis is that they are going to come out on...

CheelooTrader Updated  Jul 12, 2023

Trading above 600 DMA ++ Golden cross pending. Price move to 160 in next few weeks, would make that happen. Inverse H&S pattern with the critical pivot line at 130. It will continue to ramp to 160. Quite a bit of selling to be absorbed until then. Next earnings are likely to start a fire to send this to 200. Bear case : Keeps selling below and...

CheelooTrader Updated  Jul 12, 2023

Held two critical milestones - 1. 200 DMA, 2. breakout level backtest at 25000. Now might pullback from 60 VMA, but if it continues to build above, 37000 is likely on the next leg. if it loses 25000, watch out as things might turn ugly not just for BTC, but overall market because whether you like if or not, BTC has been the canary in the coalmine. Anytime...

CheelooTrader Updated  Jul 12, 2023

Breakout level at 11, above 16 and then 25. No reason to be bearish until 9.14 is taken out. No position

CheelooTrader Updated  Jul 12, 2023

Flag on 3D above the volume shelf. If it can manage to breakout of range at 11-12, could go off big. Can go down below 60 VMA around 8. Risk/Reward favors bulls here. Disclaimer: no position yet.

CheelooTrader Updated  Jul 7, 2023

IF it can clear 200 DMA overhead, can soar to 8. Upside targets: 4.26, 5, 6, 8 Still plenty of time to get in. Let's see what happens tomorrow. Long half position from 3.3, stop loss around 3.50

CheelooTrader Updated  Jun 29, 2023

Holding the daily MAs and moving on a good volume. Momentum favors this to take it to 74 or possibly 82 before a pullback. Stop loss now 64.5 Long via commons. (half position)

CheelooTrader Updated  Jun 29, 2023

Price sitting at the confluence of 200 DMA and 60 VMA. If it continues to build above, likely tests the upper range of this channel and set up nicely for a breakout. Upside targets: 41, 47, 54 Bear case: loss of 200 DMA could bring this down to the bottom of the channel to around 31. Disclosure: no position yet.