benjihyam

After the bearish move on Friday that scared everyone out of positions, I think BTC could be setup for a run at new highs. To me, it looks like price wants to reclaim support levels and make a run at $126k for a final high in this bullish move. If that level hits, it's a good time to exit longs in the crypto space as I think the rest of the year will be bearish and we'll see new lows. Let's see how price action plays out over the coming weeks.

The move down on Friday looks like it marked a low to me and that we could see our final move higher from here. It's been my idea that we see a blowoff top over the next couple of weeks, so I think these levels in the box will mark the top. I think it's most likely that we get somewhere between the $222 level and $232 level, but I've marked off other levels just incase. I've taken some calls, let's see how the move plays out from here.

COIN is looking somewhat exhausted here. I think it's likely that we see a pullback to the $322-330 area, then that can set up a fresh long to new highs. I'm currently short COIN. I'd be looking to enter calls at the support level, then take calls to at least the $428 resistance level, however, I think it's most likely that we break that level and find a high between $494 and 508 level for the final high of this move. Let's see how it plays out.No pullback, in calls to higher target now.Okay, well flipped back short and have longer dated calls.Think that's about it, in calls nowOkay finally hit it, bought mroe calls

If we look at the chart of AMZN, we can see that $236 has become an important resistance level. So far, it's been tested multiple times which means that resistance has weakened. I do think that next time we get up to that level, it'll likely break and we can see higher prices. On top of the resistance being weakened, there's a massive cup and handle forming on the chart. If we end up breaking resistance, the measured target would be the $313 resistance. I've marked off other important levels on the chart should price break that key resistance level. Let's see how it plays out over the coming month. Will likely start accumulating calls on any dips.

TSLA looks like it's still bullish as it retested this support level and is now pushing back above it. I think it's possible that we see a large move, potentially up to the $600 levels, but I've marked off key resistances to the upside as well incase we stop before that. Let's see how it plays out over the coming weeks.

MSTR had it's 3rd touch off this blue trend line and usually when it does that, it forms a strong move in the other direction. As long as this trend line holds, I think it's likely that we can see a move back above $400. I've marked off key levels as resistance. Took calls between $367.5 and $410.

MSTR looks to be turning bullish here on small timeframes. We've broken out of the down trend line and look to be turning up for a move towards the resistances above. I think we can potentially make it all the way up to $395 on this move to retest the area it broke down from. However, that $375 area is also an area that can provide strong resistance. Let's see how it plays out.

TSLA has been consolidating in a flag here. While price could break up out of it, I actually lean towards price breaking to the downside. The reason is because there have been more tests on the downside, and I think if price falls and tests it again, it'll break. That and, if you turn on Heikin Ashi candles, it looks like bearish momentum is starting on higher timeframes (1D-4D) and Ichimoku giving bearish warning signals in the cloud formation. I think the most likely outcome is that we break lower and go test the box below for a new low. Everyone would get bearish down there, but that will be a great level to buy for the long term.I think most likely outcome now is that we potentially test the first resistance first, then fall. As we've broken out of the flag.If it falls back inside the flag, extremely bearish.

I think we've seen a top here with the reversal that happened today. My levels held on SPY and that makes me more convinced the Nasdaq will have the same fate. The top looks much clearer on Nasdaq futures. We have a double top, should the highs of today hold. If you were to run a trend line through price, you'd see that all we've done on this rally is backtested the trend line from the April lows and have found resistance. I think the next move is likely a large move down towards the lower support levels. Potentially CPI tomorrow is the catalyst. Let's see where we end up, but I think it'll be one of the lower support levels should the highs hold throughout the week.

ETH just tapped the most important level to the upside $4300, and unless it can flip the $4387ish as support and continue higher, I think that's likely it for the year. Needs to take out the top resistance to be in a full bull trend. I'm very bullish on ETH over the long term, however, in the short term the market looks extended here and I think we can see a major correction. Will people longing here be stuck buying the highs like they were in Dec 2024 when everyone thought we were going to new highs? TBD. But I think they might be. Here's why: 1. I think BTC has topped in the short term . If this corrects significantly, it's going to take all of crypto with it. 2. The reason why I think BTC miners haven't really run yet, is because the overall crypto market isn't bullish yet . We need to flip the $1.2T level on the chart for the entire crypto market to be in a bull trend. 3. The charts all look very similar to how they did right before the covid drop. I don't know what causes a large move down, but I can't ignore the signs. If you're bullish here, you want to see the $4300 level get flipped as support. However, I think it's possible that we can see the lower supports get tagged before we see the resistances get taken out. Here is my long term chart of ETH (I think we go up to $18k+). If you don't agree, all good, keep doing your thing. Just want to provide an alternative perspective to the bullish narrative here because it seems like the entire market believes the exact same outcome is likely. Also note: I don't plan on shorting ETH - I do not short the crypto market - I only aim to buy lower levels. Good luck from here on out!