Here's What Needs to Happen Before I Grow Interested in Altcoin Re-Entries
Traders,
We've done great with 22 winning trades in a row, exiting just before this little pull back. I wanted to bring you a quick update to show you what I am waiting on before I grow interested in re-entries into my altcoins of choice again.
In this video:
* Daily rundown attempting to gauge current crypto space market sentiment
* Review of my favorite altcoins currently
* New coin bluzelle added to the coinbase exchange
* API3, BLZ, COVAL, GODS, IMX, MDT, MUSD and RBN were also added FYI but I do not cover these coins in this video ...maybe a future video?
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https://stewdamus.substack.com
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https://www.youtube.com/watch?v=TvUjC76vlNg
Traders,
In this video, I want to review four more positive signs that have appeared on my Bitcoin chart:
* Tax Day, Monday, April 18th, is almost past!
* Exchange Supply Low - could be extremely positive if buyers step back in.
* 3rd largest wallet bought 624 more BTC. Whales still buying.
* This appears like it could be an 80% retracement and done!
⛓️ ? Useful Links ? ⛓️
My Last Post(s) on BTC:
https://www.stewdam.us/p/bitcoin-caution-heres-what-the-bulls
https://www.stewdam.us/p/bitcoin-caution-heres-what-the-bulls-778
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https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing
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https://www.youtube.com/watch?v=yzQY24cy75s
Traders,
The week has ended and Bitcoin has thrown us a bit of a curveball. But should we have expected this drop? And is it a healthy sign. I am of the persuasion that it is! I feel that as long as the Bitcoin price remains above the 50/100 day moving average intersection (which coincides with a .618 Fibonacci retracement level), Bitcoin remains bullish and I, myself, will become even more of a bull than I currently am! Let's review the chart data together.
⛓️ ? Useful Links ? ⛓️
Last Bitcoin Post and Update (non-video version):
https://www.stewdam.us/p/bitcoin-fud-update-support-has-broken
(NEW) My Trade Tracker:
https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing
My Subscription Site:
https://stewdam.us
All My Socials:
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https://www.youtube.com/watch?v=5kyX-anmGxg
Traders,
In this video I discuss all of the normies: Bitcoin, the dollar, the vix, us oil, SNP (spy) and we'll cover some altcoins. Plus, we talk briefly about FTX.us trading stocks, the Solana hack, and I'll show you a few of the indicators I am eyeing up before entering a trade this week.
Stew
⛓️ ? Useful Links ? ⛓️
Altcoins I am currently eyeing up:
https://www.tradingview.com/watchlists/76949818/
My site:
https://stewdam.us
My Twitter:
https://twitter.com/stewdamus
My Telegram:
https://t.me/stewdamus
All my socials:
https://www.stewdam.us/p/social-media
My Trade Tracker:
https://docs.google.com/spreadsheets/d/1HhilTNSTsS0Z10ORBk0BRG-r1q94r3dHWRZ84kwOlYQ/edit?usp=sharing
⛓️ ? My Sponsor ? ⛓️
Shawn at Grandview Farms - (563) 380-1593
Grassfed Grain Finished Grade A Angus Heritage Beef from Northeast Iowa at an avg. cost of only $4 per lb.
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https://www.youtube.com/watch?v=qPg2OsThf40
Congrats traders who are in this play!
As predicted:
[list]
[*] BAT has broken out of the bullish triangle to the upside
[*] BAT has come back to kiss the top of the triangle "goodbye"
[*] BAT is currently engaged in a vertical move upwards
[*] BAT is on it's way to earlier targets predicted (see Link to Related Ideas below)
[*] BAT should hit $1.00 to $1.25 and more soon!
[*] How to continue to play this trade?
[/list]
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https://www.youtube.com/watch?v=X6zp8awHFZA
Stream started that 12:11 mark in the video
In this week's wrap-up, I'll discuss the possibility that no one seems to agree with ...that our blow-off top has begun.
️ Useful Links ️
My site:
https://stewdam.us
My Twitter:
https://twitter.com/stewdamus
My Telegram:
https://t.me/stewdamus
All my socials:
https://www.stewdam.us/p/social-media
My Trade Tracker:
https://docs.google.com/spreadsheets/d/1HhilTNSTsS0Z10ORBk0BRG-r1q94r3dHWRZ84kwOlYQ/edit?usp=sharing
...
https://www.youtube.com/watch?v=fUQtZi0v5l0
Traders,
The big news this week was that inflation is now just under 3 percent! This is hugely bullish as any further certainty as to what actions the FED will take in the future only aids in investing confidence. Along with this news, we will cover the dollar decline, VIX 2-year low levels, and stocks beginning to break out even further, confirming my long-held blowoff top theory.
00:00 - CPI, FED rates, Unemployment Rate, DXY, VIX
10:00 - Bitcoin and Crypto
⛓️ ? Useful Links ? ⛓️
My site:
https://stewdam.us
My Twitter:
https://twitter.com/stewdamus
My Telegram:
https://t.me/stewdamus
My 10k Portfolio:
https://dropstab.com/p/stewdamus10k-portfolio-9tqk00rtld
All my socials:
https://stewdam.us/p/social-media
My Spreadsheet Trade Tracker:
https://docs.google.com/spreadsheets/d/1HhilTNSTsS0Z10ORBk0BRG-r1q94r3dHWRZ84kwOlYQ/edit#gid=447207772
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https://www.youtube.com/watch?v=rgtBiLZjWAE
#bitcoin #crypto #cryptocurrency #altcoins #dominance
Guys, I screwed up earlier this morning and uploaded the wrong video which referred to an earlier Shiba video I had made instead. This is the correct video now. So sorry.
What's next for bitcoin and one thing bitcoin bulls should watch out for!
Sorry it's not actually 5 minutes. I have the best of intentions and then get long winded. Lol.
-Stew
https://www.stewdam.us/p/2nd-try-bitcoin-bulls-watch-for-this
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https://www.youtube.com/watch?v=EMS6uDOkxRs