Despite Bitcoin being down 53% from its highs, my portfolio hasn't suffered.
How?
Simple. I stayed in cash because my system told me to.
No point getting too excited too early.
Bitcoin is still clearly in a strong HTF downtrend.
Amazon – $AMZN
Currently sitting at the 4H EMAs. I'll be watching for a reaction here.
Otherwise, I see liquidity sitting a couple of percent below the current price.
Let's see how it plays out.
Palantir - $PLTR
Quickly approaching the invalidation level.
I'd like to see this level hold and avoid closing a couple of candles below it.
So far, there's been no real strength, and price has been rejected at the 200 EMAs.
Palantir - $PLTR
Anyone watching this stock?
I think there is quite a good risk reward here. Drawdown risk can be limited.
Price seems to have found support here several times before.
Strategy – $MSTR
I think Saylor is approaching peak FUD.
I would like to see $MSTR move slightly lower and take out these lows.
For me, that would offer a very good risk-reward opportunity for a long, as I think price would find support in the green box.
US Dollar Index - $DXY
Expecting the dollar to reject from this area. Hopefully, we can see weakness come in.
I do not want to see $DXY strengthen further, this would be bad for risk-on assets.
Bitcoin - $BTC
I think a lot of people have been sold dreams.
They held altcoins all the way down, including the majors $BTC, $ETH, & $SOL.
Me? I've been in cash the entire way down, aside from one break-even trade.
Avoiding downtrends isn't impossible, it's actually easy.
A high risk but with potentially massive rewards is $LOFI on $SUI
I will keep this short
Follow Lofi & @eyezenhour for a few months, look into what has been done so far with Lofi
Look into how SUI is positioned & how the founders see Lofi
You might like what you find🤫
I am not a fan of following the FOMC word for word
Would much rather see a summary afterwards
Not that fomc matters much anyway
Most is priced in already, you will not find an edge following the 1 min chart
Just chill for an hour
Bitcoin - $BTC
I think that this is an excellent DCA area for Bitcoin
History does not repeat, but it often rhymes
Right now it is screaming value
Buy low sell high is the game
But in order to do that, you actually need to do the "buy low" part
$ENPH – Enphase Energy
I don't know much about the fundamentals of this stock.
However, looking at both the chart and relative to Nasdaq, it looks very interesting.
A breakout on the 1W timeframe seems to be underway.
This could present a very good swing-trading opportunity.
Global X Uranium ETF / Nasdaq - $URA / $NDX
I think uranium stocks could be worth looking into for the coming months
Names like $DNN $UEC $CCJ $LBTR could really benefit going forward
Ethereum / Bitcoin - $ETH / $BTC
I saw some accounts talking about how bullish this ratio is
This is no where near turning bullish imo
Still got a lot to prove
Volatility index - $VIX
Currently back in the support zone.
As you can see price has bottomed here so many times in the past years.
When this spikes up this will likely have a heavy effect on the market
Hyperliquid - $HYPE
Short term trade idea is short. I have opened a position just now with quite a tight SL.
I am aiming for sub $50
Do you think it is a valid setup?
Has your fundamental thesis on Bitcoin changed?
If not, you’re effectively being offered the same asset at roughly a 50% discount to where it was trading 6 months ago.
It really can be that simple.