stewdamus

Trading Fam,While it is somewhat unclear what Bitcoin's next move will be (though I tend to lean towards more upside bias), one thing has become clear ...that aqua blue trendline I have drawn on our chart is proving its significance. Currently, it holds as support. A break to the downside though, and I expect us to drop all the way to 96k. If it continues to hold, a break above our recent high should be expected and new highs will be formed in a relatively quick timeframe.Stew

Trading Fam,We'll bring our knowledge of liquidity to the chart here today. You guys know that my new indicator utilizes liquidity as a prime factor in helping to alert us when to buy and sell any given asset. In our chart here today, I have also brought over the liquidation map from Glassnode, which will help us gain further insight into what Bitcoin's next move might be.First, let me explain a few of the drawing here.For those who may be new, those liquidity blocks are printed by LuxAlgo's "Liquidity Swings" indicator. I have incorporated them into my indicator and have combined it with another to alert me as to exactly when it might become a good time to buy or sell. Typically, I set the blocks to have a 15 day life cycle. When we are overbought and enter into a sell-side liquidity block, my indicator will flash a red dot. When we are oversold and enter into a buy-side liquidity block, my indicator will flash a green dot. These are typically super-accurate signals and are, at least, a good time to start your exits and/or entries.I use additional indicators for confirmation and to support what my indicator is showing me, such as the VRVP. You can see the VRVP Point of Control (PoC) is at 96,425 in this chart, meaning that most of our recent traded volume is to the underside of us right now. This is positive. However, it is important to recognize that sometimes that PoC can act as sort of a magnet to pull price back to that area before further directional price trend movement. Keep this in mind as we continue to consider price movement here.Back to the liquidity blocks. I've extended our last big liquidity block from Jan-Feb of this year out past the normal 15 day life cycle that I usually set. I think this is important as it appears to align with the data that I've brought over from Glassnode's Liquidation Map. Notice that on the map you see large liquidity pools both below the current price and also, above it. But the larger liquidity pool remains above us at the time of this post. This aligns with the resistance levels I have drawn on the chart in white which remain above us. And currently, we are also forming a bull flag pattern. So, are greatest probability of price movement right now remains to the upside. I am targeting that 106-108k area. Once hit, trend reversal could occur. Here's what I expect.We hit 106-108k. Then, at this point, the market must make a critical decision; do we continue up, beating previous highs, or do we first drop down and liquidate all those late longs from 93-104k? Now, since we know that big money is in this game and wants as much as they can get at the best price possible, it is easier to determine what might occur. I suggest that once liquidation occurs up to 106-108k, sell-side pressure will be placed on the market in hopes of driving price back down to clean out all of those late long entries. That PoC level at around 96k is a good target here. Once this price has been hit, freeing up hundreds of millions in liquidated Bitcoin, the big buyers (smart money) will step back in to swoop up the loot and Bitcoin will be free to trend back up again.Now, as always, I could be wrong. Let's talk about what happens if we beat our 106-108k overhead resistance levels. In this case, we could see Bitcoin pump as high as 125k before any local trend reversal begins to occur. I will re-assess at this point.BLUF: 106-108k is key resistance. Mark your charts and keep your eye on what price does there. It will be key to what happens next.✌️Stew

Trading Fam,Are the lead indicators on our charts telling us something about a possible deal with China? Maybe. But until that deal is struck, it will continue to be Trump Pump, Dump, and Pump. Let's recap the macro view on stocks and crypto.✌️ Stew

Traders,As we watch the tariff FUD destroy traders everywhere, I want you to be aware that we have just landed on something extremely critical for support, the neckline of our long-standing CUP and HANDLE that began forming at the end of 2021. The neckline currently stands at an approximate price of 76-77k. If you'll remember in my last post a couple of days ago regarding the SPY, I suggested that SPY could drop as low as 467 and Bitcoin could hit 76k. Bitcoin has arrived at it's 76k support and if this doesn't hold, crypto is in serious trouble. I am not trying to be an alarmist here. You all know that I am an eternal optimist when it comes to crypto, but in this case we have to prepare our trades accordingly. The break of 76k support could send Bitcoin and crypto down as far at 50k. I know this is hard to believe. Even as I am typing this I am having a hard time grasping that we'd get there, but this is what I am seeing and I have to inform you all accordingly. If we're lucky, that neckline holds. But plan accordingly.✌️Stew

Trading Fam,Just Friday I made a video titled, "Trump Pump. Trump Dump." The Trump pump occurred b/c of the election. The Trump dump occurred b/c of the Tariffs. And now, we are back to a Trump pump cycle b/c of promises to a crypto reserve. I have a feeling that this may be how it goes for crypto for a while until the community can observe actual tangible action vs. verbal accolades and promised use. But enjoy those gainz now.✌️Stew

Trading Fam,Not too much to say here other than the fact that my indicator has recently given us another very clear buy signal inside our liquidity block after hitting support. This alone is all we needed for entry but if you're not familiar with how accurate my indicator has been for us on these larger cap/large volume tokens, then you can see below we also have plenty of confirmation from the Heiken-Ashi, RSI, and MACD. Here we go!✌️ Stew

Trading Fam,Time for my weekly update on the Bitcoin. A lot has occurred in the last week or so since I updated you all last, not least of which includes Deepseek AI FUD causing panic in the GPU and Power stock plays which has spilled over into our crypto space. But does this panic have merit or is this simply another retail bait, shaking out paper hands while whales continue to buy? The charts are showing me the latter is most probably true and news seems to support my thesis here as Michael Saylor and MicroStrategy acquired another 10,107 Bitcoin on the 26th of Jan.Previously, you will remember that I had spotted a potential H&S on the charts and had posted a caution in this regard as it had potential to play out. Shortly thereafter, I also spotted this bullish pendant at which point my bias became conflicted. Was Bitcoin going to pop or was it going to drop? We had to wait and observe further price action before it became clear.It now looks like our bulls maintained the greatest strength as we bounced off or our neckline, and broke up above our bullish wedge, hitting resistance at 106K. We then formed another bullish pennant smaller in size, dropped from that quickly to perfectly retest the topside of our larger bullish pennant, and then came back inside the wedge for further consolidation.If I am reading this chart correctly, our greatest probability now lies with the bulls breaking to the upside of the smaller wedge and retesting that 106K resistance level again. In time, I believe we'll break 106k to the upside and continue towards our target of 140k.Why 140k?When we broke above our bullish descending channel in Oct. of last year, we continued up until we hit a new high at 109k. This was our local top. We can now measure the distance from that break up (around 68k) to our new high at 109k. This same distance can be utiliized to give us a new target from our bullish wedge breakout. This fractal gives us a reasonable target of around 140k.Hope this makes sense.✌️Stew

Trading Fam,It’s been a bit slow recently so I thought I’d throw out a free alert just to keep you all in the game. We’re getting close to another run here soon. I know, it feels like I have been saying this for weeks. I have. Trading often involves extreme patience. In our case above, POLYX has given us not one but two green dots from my Dots and Blocks indicator inside the liquidity block. This gives me a special confidence that this coin is going to run soon. I would target that double-top at .435, take some off, and let the rest ride.Best of luck. Hey, if you do enter this trade and make some cash, be sure to come back here and let me know in the comments. I love it when my followers find profits.✌️Stew

Trading Family,Similar patterns on the SPY and BTC chart. But there was also conflicting data on both. There was a bearish head and shoulders pattern on both charts, but there was also bullish data on both charts. The market is conflicted but it is now looking that they may choose to side with the bulls. Let's review the charts.✌️ Stew

Trading Fam,My portfolio is all in rn. But that’s not going to stop me from helping you if you still have some cash on the sideline to throw at a trade or two. Here are two trades you may be interested in. I received a buy signal from my indicator at candle close last night on both.The first is HBAR. Hedera Hashgraph (HBAR) is one of the top alts currently being considered for a future ETF. I’ve received not one but two green dot signals within that large liquidity block. This tells me that institutional money and whales are accumulating this gem here. And it is on good support which I don’t see us breaking. If you entered at the time of this post (not fin advice), I could see holding to at least that recent high for a potential profit of 84% plus. If it were me, I’d set my stop out just below that recent pivot low.The second trade opportunity I have spotted here is ONDO.The chart here looks similar and once again I’d be targeting that last pivot high for around 75% profit potential. I’d also set my stop limit below our most recent pivot low. These are both great coins with great opportunities for entry here! Let me know if you enter.Best!✌️ Stew