Simple Rules. Hard to Follow.
• Don’t use leverage if you’re inexperienced.
• Buy profitable companies.
• Don’t panic sell.
• Don’t get greedy or overconfident.
• Respect the trend.
• Manage your risk.
• Short term: emotion. Long term: earnings
I think that the euphoric phase of the bull market is just getting started and could last for at least 6 to 12 months.
Rather than looking at a single asset and a single indicator, I'm looking for confluence across #Bitcoin#Ethereum#Altcoins $IWM $GOLD and China/Japan markets.
ASX Top 20 Small Cap Movers of the week
Monday 29th September - Friday 3rd October
$TMB $DTM $AUH $NES $CGR $SKK $ATC $IXRR $SCN $RBD $LMS $EXT $COB $SPL $FML $MRD $TMK $WSR $IPD $SNT #asx
Source: Small Caps
$BKKT #BKKT Bakkt Holdings update.
Triple blue diamonds and still pretty far away from daily silver resistance... the mountain is also green now. 🏔️
Will keep updating! 🫡
$TLX bounced hard off $15 support, closing strong at $16.38 today (+9.2%).
🔑 Resistance turned support : $15.00 / $14.70
🚀 Resistance: $16.80 → $17.20, then $19.50–20.00
Next tendency: bias upward as long as $15 holds.
#ASX#Trading#TechnicalAnalysis#TLX
How to read my charts more accurately?
Box 1/Panel 1: Candle patterns
1. Red candle----a bullish signal, hinting that there is an uptrend in the shorter term.
2. Yellow candle---a bearish signal, implying that there is a downtrend in a shorter term.
3. Dark blue candle--the uptrend persists
4. Light blue candle---the downtrend persists
5. Red ribbon---uptrend in the middle term
6. Blue ribbon---downtrend in the middle term Even a red ribbon or blue ribbon has both red candles and yellow candles.
Box 2/Panel 2: Technical expert.
It is a mimic of Panel 1.
1. Green bar refers to bearish sentiment whereas red bar refers to bullish sentiment.
2. Purple line refers to the midterm uptrend line whereas the green line refers to the midterm downtrend line.
Box 3/Panel 3: Whale accumulation/distribution patterns vs Retail accumulation
1. Whales (red bars) need to reach 50 %for the stock to run and 75 % to surge.
2. Whales can both accumulate and distribute. The longer the red bars, the more the whales—a bullish trend
The shorter the red bars, the less the whales—less bullish, as whales might be shaking out weaker hands or distributing, depending on the price actions.
3. Retail investors (green bars). For a stock to run, green bars need to disappear. The longer the green bars, the more likely the stock is going to drop/plummet.
4 .When seeing a decrease in the percentage of retail accumulation over the past few days, weeks or months, it can also be a reliable signal that the stock is bottoming out.
5. Yellow bars are daily traders, which we don’t need to care.
Box 4/Panel 4: MACD (Moving Average Convergence Divergence)
1. When the MACD is below zero, the price is usually in a downward trend (bearish momentum)
2. When the MACD is above zero, the price is usually in an uptrend (bullish divergence)
3. The golden cross (fast and slow line crossing each other) curls to the upside, a bullish signal.
4. The golden cross curls to the downside, a bearish signal.
Box 5/Panel 5: RSI (Relative Strength Index)
1. RSI around 20-30 is oversold and it may be a buy indicator whereas RSI above 80-95 is usually a sell signal.
2. I like to use 3 sets of RSI and compare the previous lows as a signal to predict the bottom price. When 3 sets of RSI curl up, it’s usually bullish and vice versa.
For those of you who like to know more, you can just click the following video that Dr Cat @cryptocantoncat invited me to share.
https://t.co/WxdC9syzeD
or
https://t.co/ZQ6Yufd21M in which Matt @greatmattsby and I shared some tips on how to read my charts as well.
For those who would like to view more daily charts (at least 4-5 a day) with my (TA) technical analysis for free, you can join my patreon. For those who wish to view as many as 50 charts with my TA a day and understand more in depth, please subscribe it.
https://t.co/iB4xJha2Xd
I decided to go back through this thread of recommended stocks because there was so much alpha in there the first time around.
I compiled a full list of all the top mentioned stocks.
Here are the most mentioned tickers ranked by the community ��
1. $ONDS
2. $EOSE
3. $RZLV
4. $BMNR
5. $LMND
6. $ROOT
7. $ADUR
8. $SOUN
9. $RR
10. $WYFI
11. $DLO
12. $GRAB
13. $ABAT
14. $RKLB
15. $CIFR
16. $GLXY
17. $WULF
18. $RDDT
19. $BBAI
20. $FUBO
21. $ASML
22. $OPAD
23. $TMDX
24. $ALT
Honestly, I think my favorites out of this list are $ROOT, $RZLV, and $GRAB.
The only one out of those 3 that's missing in my portfolio is $GRAB…
So you know what I had to do…
I AM OFFICIALLY RESTARTING THE $100 TO $760,000 CHALLENGE NEXT MONDAY FOR COMPLETELY FREE😳
THIS WILL BE DONE IN A SECRET X GROUP CHAT WHERE I WILL POST ALL MY TRADES WITH ENTRY AND EXIT FOR FREE🏌️♂️
LIKE, REPOST, & REPLY “$100” TO SECURE YOUR SPOT💰
YOU MUST BE FOLLOWING ME💰
📊 Weekly Wrap on $XAO
Volatility defined the week — $XAO swung between gains and losses, closing softer but holding key levels.
Despite the choppy action, my portfolio stayed profitable. Thanks to a diversified global ETF mix 🚀
$IZZ | $ASIA | $VBTC | $GXAI | $GGUS | $GOLD some of this week winners.
Diversification really showed its value here.
#ASX #XAO #ETF #TradingJournal