Watch the video, I basically used technical analysis of MA, RSI and TTM Squuze to determine that the direction is bullish on the daily, weekly, and monthly charts. Then coupled that with a 1.66 R:R ratio according to Gabriel's Kelly-based Risk to Reward Ratio. You can use levearge here such as option since the Implied Volatility is still around the 30% level, for futures you could use 2x etf if there is one I haven't check. Seasonality supports AEM until May 8 so there is a wind to fall back out if it falls with a bullish engulfing candle this Monday.
Updated perspective from my Apr 5, 2024 post predicting the November 2024, 36/48 month breakout. https://www.tradingview.com/chart/BTCUSDT/AmnzjaYo-4-Year-Bitcoin-Cycle-The-Midpoint/ Are we in the last 12 months of accumulation? What do you think? INDEX:BTCUSD CRYPTOCAP:TOTAL
Gold market descends in anticipation of last week's rejection at 2930, seeking mitigation within key weekly formation zones between the 2870s and 2880s. This corrective pullback occurs within an overall bullish matrix, potentially setting the stage for renewed upward momentum if support holds. yall see these levels closely as the market consolidates before the next move.hedge along with Akcapitals ,for more apt insights ,comment, and boost idea
price of Litecoin went down around -27% on one candle, crazy.
DOGE is showing a falling wedge pattern on the price action and the RSI. I'd expect a bounce by April. Invalidated below $.14
bitcoin compared to the 9 weeks down of jasmy. The last time Bitcoin went down for 9 weeks straight was during April-May 2022.
LMT is now net long on the regression break. Positioning into the Military stock is very interesting considering the head-line new on the current conflicts. I am not taking this trade.
Hellllo, NYSE:XYZ $51 target. It’s oversold just not quite done though. WsL
{9 weeks of down for Jasmy} that certainly was not expected based on the previous performance.
Based on higher time frames, we are prepared for buying rather than selling. At the support zone, be cautious of potential false breakouts. False breakouts almost always occur at important levels due to the placement of stop loss orders above or below the level. To avoid triggering stop losses, it is best to wait for a false breakout and then enter in the opposite direction.