Traders, First off, congrats to all those who have shorted this market! You've done well. This is a market only for the most experienced amongst us to trade! And even then, it is extremely difficult. I am admittedly not good in a bear market which is partly why I have put everything on pause at the moment. I am mostly in cash with the exception of my long-term...
Traders, Quick Update: First, sorry I forgot to zoom in, but you'll get the idea. I just wanted to point out quickly a few things that I missed in yesterday's video. -Stew
Guys, I took the time to put out a special update this morning because of this! Please pay attention to what our charts are showing. I am not attempting to persuade you to any particular bias or sentiment. I simply want you to be aware of what I am seeing on the charts so that your can trade accordingly. Let's take a peek. - Stew
Traders, I am taking my time in this video. We'll do some analysis firstly, as always. And then I'll show you the predominant pattern I am looking to spot on the altcoin charts. I'll show you how to spot it and draw it so that you can do this yourself on your charts and catch those breakouts. -Stew P.S.-Since this was my first stream I made it private, thinking...
Traders, Many of you might be surprised to know that I have continued to HODL CULT. I will show you why I have done so from a technical perspective as well as show you what would cause me to sell. - Stew
Traders, Here's what you can prepare for short-term, mid-term, and some potentials for the longer term as well. - Stew *Note: TV subs, I have trouble streaming to this portal. If you watch my videos exclusively on TV, you may be missing context.
Persistence Token XPRT is showing an inverse head and shoulders pattern on the 4hr. right now. With Bitcoin dominance BTC.D almost precisely tagging resistance at 47%, I believe the alts now have a small opening in the clouds to rise. That being said wait for this candle to close in 3+ hours on your 4hr chart for entry confirmation. Entry = Price upon candle...
We'll also try Jasmy again :-) as I believe the BTC.D chart is giving us a signal to start with alts soon: Entry = .013 SL = .0143 PTs = Overhead Levels & 100 day ma r/r = 3.33 Best to you! Stew P.S. - TradingView subs missed my last video due to TradingView technical difficulties.
Traders, Stepping into the waters here as BTC.D chart shows us nearing resistance, meaning that ALTS could play catch up here a bit. Entry = 3.01 SL = 2.57 PTs = 50 day, 4.50, and 5.17 for a 4.62 R/R Best of luck all, Stew P.S. - TradingView subs you missed my last video here due to TV tech difficulties.
Traders, It looks like Bitcoin wants to drop even further. My suspicion is that we are going to $26-27k over the weekend. In this video, I explain why. Stew
Traders, I just want to go over a few potential long trades for you to keep in your back pocket should BTC break to the upside of its triangle soon. Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ Can't post the list here due to house rules.
Traders, I want to go over a few items that should remain on our watchlist this week and where the indicators are leading me. I will also give an update on how Stewdamus 2.0 is coming along. -Stew FED Events 🏛 🇺🇸U.S. ECONOMIC DATA THIS WEEK: *MANUFACTURING PMI (TUES.) *SERVICES PMI (TUES.) *NEW HOME SALES (TUES.) *DURABLE GOODS ORDERS (WED.) *FED FOMC...
Traders, We're going to talk about this bear flag on Bitcoin. Will it play out or have we reached a bottom. 29k continues to hold us for support and that is good. The dollar looks like it's coming down a bit. Vix sideways. And let's take another peak at our new data point, the Nasdaq 100 above the 200 day moving average. -Stew
Good Evening Traders, I am back after TV banned me for a week. Apparently, I broke house rules by referencing a site I maintain outside of TV. Anyways, I had put out the following post to all my other SM sites this morning and it is still valid. ----- I put out a potential short trade opportunity on BTC yesterday if we dropped below the 29k mark and confirmed on...
Traders, I never thought I'd be writing this post and discussing support on Luna at $5 and $15. But here we are. Literally, days after Luna was one of the most bullish coins on the market. And it is now a very big factor that currently is negatively spreading bearish sentiment over the whole crypto space. It is not the scope of this post to discuss the details of...
Traders, In my last post I was extremely bullish on APE coin. I had a target of $20+ and we reached and exceeded that target easily. If I was in that trade, I would have sold ALL and taken my profits at that point. I continue to receive requests for my analysis on this coin. Unfortunately, you all are prolly not gonna like what I have found here. Let's jump...
Traders, The bears are now in full control. Let's make some sense of this price action and strategize trading going forward. - Stew
Traders, It looks like the bitcoin bears have returned, here's what we need to watch! Stewdam.us
