?Call me crazy… but I’m scaling into DELL 2027 calls. Strike: $85 Cost: ~$20 Expiration: December 2027 Chart target? North of $230. (Yes. You read that right.) The market just served up a gift — and I’m grabbing it with both hands. Dell just dropped nearly 20% on tariff fears and algorithmic panic. But the long-term AI/data center megatrend is still intact. This is not your grandma’s PC company anymore. Sometimes you gotta step into the fire when no one else will. > Risk? Defined. > Reward? 5x+ potential. > Time? Plenty of it. If this thing even comes close to previous growth cycles… we’ll be glad we were “crazy.” #DELL #OptionsStrategy #LongTermConviction #TheAccidentalRetiree #BuyFear #SmartMoneyPlays #AI #TechStocks
The ascending channel has been broken and we are in a motive wave to the downside. In my primary count, we are currently in blue 4 correction, and further legs to the downside are expected for green III and V.
Hi, I made an update 3 hours ago regarding reducing short position and staying neutral because of wave 4. However, it seems like wave 5 of 3 extended and is now showing me an ending diagonal. This changes the assessment from neutral to long as ending diagonal are usually swift and sharp move reversals. Take note that the last wave of the ending diagonal might itself be an ending diagonal. So my suggestion is to scale in the long and give a slightly wider stop below the lower trendline. Good luck!
BTC Downtrend may be over this may be a perfect time to buy Weekly retest maybe over by now
Price is approaching a descending trendline, and a fake breakout toward $90K could offer a clean short setup. 1️⃣ Trendline test incoming BTC is nearing a key downward trendline. A breakout could trigger a push into the $88.7K– GETTEX:92K zone (H12 OB / range low). 2️⃣ Short setup area If price reaches that zone, it becomes a prime candidate for short entries, targeting: ? $82.3K (monthly open) ? $76K–78K (D1 FVG zone) 3️⃣ Not a good spot now At ~$85K, we’re stuck in “diddle in the middle” — no clear edge for new entries. Best to stay patient and wait for either: Trendline breakout + deviation above $90K Or weakness at $88.7K (previous weekly high) 4️⃣ Beware April games Expect potential April manipulation — fake breakouts followed by sharp rejections. Stay sharp, and don’t chase pumps blindly. ? Plan: Wait for a clean sweep above $88.7K–$90K → watch PA for weakness → consider short.
With the recent price fall, it gives us two Elliott waves ideas. An ending diagonal, which should take the price down to the $4800/ $4500 level, in a Wave 4. Then a muted Wave 5, which would complete the big wave pattern. Or this drop is a C wave in an expanding flat pattern. This is a dramatic pattern, which should take the price down to the $3650- $3227 range, and very quickly, before the bull market continues.
Price falsely broke out of the pendant triangle and rebounded at a pullback support level of 1.40942 I anticipate bullish price action to develop away from the current market price. We’re going to monitor price from lower timeframe for a potential buy entry. Our target profit is around 1.46000. Fundamentally, the recently released NFP report came out better than expected which will have a positive impact on USD thereby, fostering the growth:
Each pattern begins with a sharp upward pump, followed by a peak phase (blue), a decline phase (yellow), and finally a recovery phase (purple). Currently, we appear to be at or near the end of this pattern, which opens up the potential for another leg up. ? On the weekly StochRSI, we are in the oversold zone, suggesting there’s room for a move higher. ? The Accumulation/Distribution indicator shows a bullish divergence, which is another positive signal. ? On the MACD, selling pressure is fading, indicating Cardano may be gearing up for a breakout in the coming weeks. However, it's important to note that Cardano might continue consolidating for some time and could even dip as low as $0.50. ? Cardano is unlikely to rally without a move from Bitcoin — either a breakout or at least sideways consolidation. In the latter case, Bitcoin dominance would need to drop, which we might start seeing in the next few weeks. Lastly, macro factors will also play a role. But as long as nothing major goes wrong, we could start seeing higher prices for ADA by summer.
Weekly Trading Channel in play. SNAP is testing the bottom of the channel. A rally from here? Or maybe breaking down?
Looks like a weekly reversal is on it's way. Notice the 2 false breakouts and the double top. Also notice the strong break out from the Triangle pattern. What's next for Energy?