leongaban

leongaban Updated 

Due to some technical indicators, imho BTC is over stretched and due for a connection back to the 21 week moving average. I exited positions of BTC & ETH into USDC, I still have a ton of ETH I can't sell due to being locked up in collateralized loans. Will be watching the charts closely every week now for re-entry.

leongaban

This is my new go-to this year for options trading, I own shares in $RBLX, so as the share price goes up, my shares benefit.... Also since options just released for Roblox, they are all over priced, so I'm selling covered calls that expire in 3 days and collecting $240 each call. Also in combination I'm selling a naked put expiring in 3 days at $65 (and I'm defs...

leongaban Updated 

I made a major trade yesterday, I'm majority ETH atm minor position BTC as I expect ETH to continue to out perform Bitcoin this year. However I do want to trade back into BTC at some point. That point is once we break the blue line here... and trend towards the orange dotted line or the 1.618 extension. Left chart is ETH/BTC Coinbase, right chart is ETH/BTC Binance.

leongaban

Playing short term EV SPAC hype, call options expiring 2/19 ATM, or ITM.

leongaban Updated 

Based on 2017 Elliott wave projection & hopium. #Bitcoin

leongaban Updated 

High conviction trade taken, Jan 15th $25 call options 21 contracts dollar cost averaged in. Been monitoring news and social on NIO recently, had a Chinese fivver tranlsate hundreds of Weibo messages talking about NIO, will be posting my full high conviction trade analysis in the DumbMoney.tv discord channel: dumbmoney.tv you will find it in...

leongaban Updated 

A descending triangle is usually a bearish chart pattern, however in the case of DOT and it's recently exchange listings this year this is looking more like the floor. It had a 1 for 100 split after token holders voted so I've cropped out the red candle to hit that irregularity so we can focus on true price discovery. The floor imho is more apparent with the...

leongaban Updated 

Added to my OTM PTON $60 7/17 here, based on strong support in this area... can see that with the visible range indicator. Seeing a falling wedge on RSI hourly, those are reversal patterns... again with OTM plays, not betting that PTON gets to $60, but that general movement will be upwards.

leongaban Updated 

On the longer timeframe you can see a rough inverted head and shoulders... white line is resistance broken then turned into support at green circle, where I would have gone in if trading at the time. Yellow circle is the news that NIO beat it's numbers (jul 2nd) then the moon shot.

leongaban Updated 

I love my triangles, and got the 12/18 $110 call options for ARKK based on several indicators / patterns here. RSI / MACD flipping, price sound support and higher lows from channel bottom trend line, and the beautiful ascending triangle. ARKK's biggest holdings are TSLA and SQ which are not showing any signs of slowing down going into the end of the year.

leongaban

This month I've taken several losses on my SPY PUTS, but still holding my 7/17 $250, we're seeing strong divergence on the MACD. Big signal that this counter bull rally is losing steam, also a lower high set after rejection from the Golden Ratio set from original March drop. Playing more bullish positions with tech stocks TSLA, PTON (check out DumbMoneyLive on...

leongaban

There are basically 2 indicators you need, the NVT Signal and Mayer Multiple NVT Signal (by Willy Woo) Standard NVT Ratio is simply the Network Valuation divided by the Transaction Value flowing through the blockchain and then smoothed using a moving average. woobull.com Mayer Multiple (by Trace Mayer) The Mayer Multiple is the multiple of the current...

leongaban

Bitstamp has the most BTC historical data, the 12 month Moving Average is ATH... had to check it out after seeing Plan B tweet it. Also note, the long term bottom trendline, even tho violated earlier this year, the price did NOT close below it ;) Past current date, I have copied the 2017 bull market move and overlaid it till Dec 2021 just as a visual projection...

leongaban

Been waiting for a hard rejection from the Golden Ratio from the big drop we had in March. Still holding my June / July SPY PUTS, with Call Credit Spreads as insurance if it ends up going the other way.

leongaban

SPY is starting is breakdown, been waiting for this Bull trap to start taking shape. Artificially propped up market with unprecedented levels of unemployment, no end in sight for Corona.... Price never got to the Golden Ratio which is what I wanted to give me higher confidence on my PUTs, currently price is getting supported by the 0.23 retracement line. If this...

leongaban Updated 

Watching SQ closely, this is very bullish... last few days we've seen SQ be in the money on the 3/6 $85 call. Long.

leongaban

On the weekly timeframe we have a flip / golden cross on the Guppy. Posting this idea to keep things in perspective, when investing in Bitcoin and Crypto, you have to practice low time-preference and have patience.

leongaban

Current ETH chart is showing bearish signals... on the weekly we have a Bearish Harami candle stick, on the daily we have a classic: Three Phases of Primary Trends structure. 1) The accumulation phase 2) The public participation phase 3) The distribution phase The distribution phase also has a nasty looking double top. All my crypto positions are long term,...