thecafetrader

Hello I am the Cafe Trader. Today we are again looking at AMZN. We are in the middle of a range. Buyers are currently in control in the short term, but I am expecting a Hot reaction off that strong supply level. This can be especially suitable for a quick options flip (same day, or overnight hold). Short Setup Entry: $231.30 (Bottom of Strong Supply) Stop: $234.50 (Top of Strong Supply) TP: $225.30 (2R target) Notes: Looking for a hard rejection out of supply. If we do not close inside the strong supply zone, this would be bearish. you may have to be patient intraday on this one. If we do get a really strong reaction and actually take out the new buyers trying to step in, This will not look good for AMZN as a whole, and we could expect it to break those previous lows (eventually tapping into strong supply) Hope everyone does well, and happy trading! thecafetraderIn the short, that was much more bullish then I was expecting coming into the zone, fortunately for my puts the buyer was fought off. Either way we know the seller is active here, hopefully we get a little drop tomorrow. In any case, we took a swing and managed risk according.

Hello I am the Cafe Trader. Today we are updating our trade On DOGE. The market hasn't told us exactly where the top of demand is, but we can assume it is sitting above it for now. Short Term We’ve got a Key Buyer sitting down around $0.19245 — this is where the last serious push started. Above us another new seller is trying to stake a claim around $0.245–$0.250. I still think the Bulls are stronger. As of now buyers can step in anywhere from top of demand, down to "Key Buyer". If that key buyer gets taken out, then this could run back down to the extreme demand Green Scenario: We have pulled back about 10% from recent highs. About 50% FIB line from the new buyers. We could move strait up from here. (if you aren't already in the trade from my last post, you can be aggressive with the top of demand area, or conservative with the Red Scenario) Red Scenario We will don't know exactly how strong the buyers are at the top of demand. Hence this scenario. Pullback to where we know the strong buyers are sitting, and reload. Long Term Your conviction on DOGE determines where you start buying: Aggressive: $0.2240+ (Top of Demand) Good Price: $0.1985 (Key Buyer) STEAL: $0.14–$0.155 (Extreme Demand) Thanks for reading the update, hope you do well! Happy Trading, thecafetrader

Hello I am the Cafe Trader. Today we are taking a close look at Ethereum. After the Tariff news and the Jobs report, The market as a whole seems very bearish suddenly to many. Even though we do have aggressive sellers in the short term, The market is still bullish in the mid to long term. Let's take a look. Sentiment has changed A major catalyst (like the Tariffs news) can cause a change of terrain. Buyers may become more bashful, taking their foot off the gas (where the put it before). Reactions to kry levels (like "top of demand") will give us clues into how strong are they still. Short Term ETH had a huge rally, Whats does a healthy rally need for a continuation? Consolidation This brings us to the charts Top of demand gives us evidence of how convicted these current buyers still are in a market. A hot reaction = Aggressive Demand. Cold Reaction = Hesitant or lack of Demand. Todays close was a touch cold, but considering the recent bearish news and data, not terrible. Buyers are still active in this area, but since the terrain might have changed, I have given you two scenarios. Green Scenario For this to play out, we need to see buyers step in immediately. The longer ETH stays in this demand, the heavier they will become (and it's a long way down) Wait for a second test minimum. Best to get a hot reaction. If it presses into the demand zone, Cut it early. (always good to wait for a close) Entry 3,518 Stop 3,360 TP 1 3,990 TP 2 Breakout? Trailing stop? Red Scenario If we can't close above top of demand (Like tomorrow...) This is the likely scenario. I would be hard pressed to try and catch a knife this overextended. So until we identify where the new sellers are sitting, I can't give you any trades on this scenario. If you are short biased this could run all the way down to the bottom of demand. I'll keep a close eye this over the weekend and keep updates. Long Term These prices should be according to your personal sentiment on ETH. Aggressive = 3,500 Good price = on the trend roughly 2,900 - 3k STEAL = 2,200 - 2,400 That's all for ETH! Enjoy your weekend, and Happy Trading! thecafetraderWe cracked the top of Demand, although there are still buyers there, We really want to see some new aggressive buyers step in. We will know in the next couple of days. All these points are still in play. I do see that the trade idea would've gotten stopped out. Although I do think this trade is still viable. Still in between for me though. Let's see how these next couple of days sit.Eth is Very close to the Take profit, This let's wait for the full TPBeautiful trade. Worked out perfectly (minus getting close to our stop.) ETH looks to continue on, All time highs are surely in bound for ETH.

Hello I am the Cafe Trader. Today we are looking at DOGE. Normally I refuse to look at "Meme Coins" but with a 33 Billion Dollar Market cap, I don't think it falls into it's own category. Doge, like many Crypto, have come alive. If this is one you are looking at, here are the Keys: Short Term A new seller did prevail as of July 23rd. It's important to note that they are still not in control of this rally. We need to see a key buyer get taken out first. This leads us to the scenario I have drawn. Green Machine Big buyers move markets... A lot. They can't buy what they want to buy on the open market without a reaction, so what do they do? Simple Buy... then wait... then buy again near where they bought before. So your "Strong buyer" is that area. You have passive buyers looking to get a good price at 19.223 This would offer the greatest position for a reversal and a continuation. Long Entry - .19.250 Stop - .17.050 1st TP .24.050 2nd TP .28.600 Final TP .38.250 This should take at least a month. Be prepared to not look at it everyday. Long Term These prices should reflect your sentiment on DOGE. Aggressive = .20.650 Good Price = .18.900 - 19.250 STEAL = 13.950 - 14.550 Thanks for reading, Don't forget to Boost and Follow ! Happy Trading thecafetraderAlright we went long off that Strong demand area. Let's see if we can get some follow through here. I will say that those sellers came in really aggressive, I want to see another hot reaction off those strong buyers if we test again. I would raise my stop to around .18.000. Another test and push below those strong buyers is not the quality of trade we want to take. We also took the trade on XRP. Let's see how these next couple of days (weeks) go.

Hello I am the Cafe Trader. Since visiting that Extreme Demand back in April, Robinhood has essentially moved strait up. If you have not seen my previous post on HOOD, we were able to identify EXACTLY where the buyers were. I strongly encourage you take a look at that article. Today I'm going to give you a Short Term and Long Term perspective. Short Term What we do Know "Light Demand" have the most aggressive Bulls, but we have to assume that they are the most fragile . We know this selling hasn't been shown to be an aggressive Bear yet. This also assumes there is no reason to short this until sellers gain some control. 1) With these things in mind: Until the trend breaks or bears close below the "Light Demand" zone, II find no reason, and would even say its daring to short HOOD. 2) Yes it's overextended when it comes to a channel, a fib, an MA... No one can confidently tell you where the top is. Unless you are looking at the footprint seeing an absurd amount of absorption IMO. With these things in mind, all I can say is to be patient, and wait for the market to give you more information that you can do something with. Day Traders like myself will have the best odds to make intra-day plays, but that's not this articles focus. Long Term If you got in early and you are still holding, Great work! for those who feel like they missed the move, or are looking to add some to your long term, don't worry we are position you for success. This list of areas is according to your personal sentiment. The "Good Price" is where I think they best position is going to be. Hyper Aggressive = 97.50 - 101.50 (Light Demand) Aggressive = 91 (Top of Demand) Good Price = 62 - 68.5 (Strong Demand) STEAL = 31.50-36.50 (Extreme Demand) Exciting times for HOOD! I am bullish myself, and I hope to see better and bigger things from Robinhood. Thank you for reading, Follow for more evaluations and live trades. Happy Trading! thecafetraderHad a hot reaction off that light demand area. Buyers are still hot, this remains bullish as of right now.

Hello I am the Cafe Trader. This weekend we are shifting focus into the crypto market for a quick overview. If you read my last XRP article, we nailed the bottom for longs, and the sellers for a great positional play. This time we are going to analyze the current failed breakout. Are Bulls Trapped? Does this still have room to leg up? Point 1 We can start with the trend break. Massive buyers pushed this move higher, giving XRP a relatively quick All time high, But July 23rd shorts were able to shove this back inside of the previous high. This signifies that there are bulls trapped, but the interesting thing to note is that the volume has reduced significantly since the last two ATH's. So this also would indicate a lack of buying interest at the highs. Buyers are just not willing to to get involved with the same conviction as before (yet). No buyers, no continuation (even if there is not many sellers/profit takers). Point 2 Strong buyers proved their interest with a "hot" reaction at $2.95. With no "real" seller coming into this market yet, there is nothing stopping this continuation from legging up (so far). Therefore I stand bullish, and am looking for a move up to $4.64 as a Target. Point 3 Buying into this can feel tricky, your first entry for a classic two bar trend break would've been at the top of demand. I do think we will get another opportunity here, I definitely would not chase this, because it could play this range for a while before another leg up. Setup Trend break continuation. Entry 3.13 Stop 2.65 Exit TP 4.64 Risk to Reward 3.1 If there is a close below these strong buyers, this could com all the way back down to 2.15-2.3 at least. The reason for the wider stop here is because we don't want to get swept and then ran. A more conservative stop could be $2.85 which would be a 6R trade. Take your pick Long Term If you are late to the party on XRP (I know many are) here are some entries according to your sentiment: Almost FOMO = 3.13 Aggressive = 2.95 Good price = 2.15-2.3 Steal = 1.60 - 1.93 That's all for XRP. We are going to be looking at Ethereum ETH Next. Thanks for reading and happy trading! thecafetraderPast couple of days just consolidating as expected. I want to see it crack the top of demand so I can see how it reacts to the strong buyers. Either way, this is normal behavior for a bullish move.Entry should've been at strong buyers if you were interested in this Trade. It's important to note that Tariff news can change sentiment. A major catalyst does not care about the technicals. Think of it as the the terrain we are trading on has changed. That being said, this is still a good entry, and a great risk to reward. So even if you do get stopped out, I think this is worth it.

Hello I am the Cafe Trader. I was fortunate enough to get an editors pick, and I wanted to expound on how I came to those conclusions. In this video we talk about passive sellers vs aggressive sellers and how we identify them. Also why it's important to identify these players in the market. This will help give you depth and help you get really good pricing in the markets. Hope you enjoy the voiceover, Feel free to take a look at the previous article that this was pulled from on my profile. Please share a boost if you enojoyed, and consider following for more. Until next time! Happy Trading!! thecafetrader

Hello I am the Cafe Trader. Today we are going to look at a trade inspired by the Legendary Trader and Scalper Al Brooks. If you are not familiar with him I recommend having a strong foundation with price action before giving him a look. It's no secret that BTC is at levels many thought it would never reach, and yet many others are convinced of 5 - 10x more from this run alone. It can be crushing to feel like you missed out on the move, so instead of getting FOMO, I've detailed a guide to help you in the short or the long term. Long Term As of right now you are looking at 4 different levels of demand. It is up to you to measure your conviction, understanding why you want to invest, and how much you are willing to risk. Recognize that Many Big hedge funds have been hesitant with accumulating hoards of Crypto do to its volatile nature, considering it too risky. So with this in mind, I have given you 4 levels to add BTC to your long term depending on your personal conviction. Hyper Aggressive = Top of Demand $115,500 (willing to risk 50%) Aggressive = Demand $99,500-101,250 (willing to risk 40%) Fair Price = Strong Demand $74,000 - 78,000 (willing to risk 25%) Steal = Extreme Demand $42,000 - 50,800 (willing to risk 10%) Thinking about how much you are willing to risk will help you level out your Fear of missing this move, and get pricing that meets your personal demand. Short Term My fellow traders, this is a nugget (inspired) from Al Brooks. The "Two Bar Trend Break" . In a strong trend (not in a range), When you get a trend break (I like to go top of wick to top of wick for this trade), if the second bar doesn't have a huge topping tail, but closes near the top, you can enter this trade. Here is a trade that happened this month That hasn't filled yet (it got close). Entry At the close of the second green candle $116,000. Measure the bottom of the First candle that broke (called the Signal candle) to the top of the second bar that broke (called the Entery Candle). If you take that measurement, and add it to your take profit, you will have a 1R Scalp (1 measure of risk to 1 measure of reward). This isn't a true scalp, typically they should be in the same bar or next bar, but this follows similar principles. That's all for BTC, stay tuned for more analysis as we go over Ethereum, XRP, and one more of your choosing. Happy Trading! thecafetraderSo far we broke the trend, we will see this next candles close. If its green with a decent volume, We could assume this the beginning of it's next leg up. There are no real sellers yet on BTC in this market

Hello, I am the Cafe Trader. To finish off our series of the MAG 7 we have GOOGL up next. If you have been keeping up, I will offer insight into Long term and short term interest. Google has taken out a key sellers on July 21st, and also closed inside the supply zone. This is very bullish, bulls have not got much pushback from the bears, suggesting this could test the highs again, and prime itself for a breakout. Long term price guide helps you align a buy area with your conviction. I will update the price as of friday's close (today) Long Term Aggressive: $179 - If we close today above the bottom of supply line, then I would suggest this aggressive price adjust to 187.50 Fair Sentiment $166 - 173 - Between the big buyers and the strong demand. Also having the trend to support adds a 3rd strength. Extreme Deal $140-148 - If you can catch a deal here, best to snatch it up. Alot of Big money wil be doing the same. Short Term weakness in the supply area is suggesting a run to the top. Trying ot get in here can be tricky. Since today is friday, the close is extremely important to see how our next week will be framed. So here I have 2 Bullish scenarios to help you find opportunity for GOOGL. Green Scenario Yes its possible it will run strait up into the top of supply, as a trader, you don't want to be that buyer just yet. I wouldn't personally feel great about trading the green line scenario without seeing a real buyer step into the market. So if we can Find a real buyer, we will play off of them and rirde to the top. No entry or price targets on this one yet. Red Scenario This scenario has a real buyer, and personally I think is a safer trade to take (as of right now). With this squeeze that's happening, there is a good chance at some point there will be buyers getting exhausted and shorts getting a grip on this. This is why I would not buy "top of demand" but would look to get close as I could to the strong demand. and then a ride back to the "Top of Supply" Entry: 175 Stop: 170 Partial Profit: (when the sellers step in, thats our first TP) Target: 206 That's a wrap on our MAG 7 series, Happy Trading and we will see you next time. Next week we are going to chart out Crypto, if you have any specific suggestions you want to see me chart, comment below. thecafetraderI think Google Is going to blow the doors off ATH. There is a new aggressor from Googles buyers. We may get some consolidation before the break allowing an entry. But last weeks close was very bullish. I'll keep everyone postedGoogle had great relative strength to the market. 206 is looking very promising for the short term.Even though this is a big red candle on the daily, this is still no where near a real seller. Still extremely bullish, but may come to test some buying liquidity.Almost hitting our TP on GOOGL. If you got in congrats

Hello I am the Cafe Trader. This week has been a deep dive on the MAG 7 and today AMZN is up next. We are going to look at long term and short term opportunities. We are near the All Time Highs, with one final Seller to get through before making the break. Today we tested to see if those sellers are there still (and indeed they are). Today was a key reaction, I'm going to give you the keys to profit. Long Term It's important to consider how aggressive you would like to be with pricing. This list of prices should align with your conviction with Amazon. Aggressive: $226 is where the current aggressive players are sitting. They are going to look to buy again at this level, although they should be the weakest of the buyers. Fair sentiment: 203-210 is where stronger buyers are sitting. I think this price is still realistic to get to. Conservative: 161 - 171 Is a great price, buyers have shown to buy this with extreme demand. Amazon at this price is a fantastic purchase, if you are holding from here or lower, congradulations. Short term Testing the supply and rejecting tells us that sellers are still really active in this zone. We will see how tomorrow closes, if we do not close in the supply zone, there is a good chance that net week will have some bearish winds and a great chance of testing the light demand at 226. this brings us to the two trading ideas. 1 Green line I think we will test those sellers by next week. and i think its very possible that we break trend and touch the light demand line. If its a slow drag down to the light demand, Shorts will have to cover as soon as any real demand shows up (Light Demand Line). Entry 226.50 Stop 221.50 Partial TP 233, or you can hold for a test of the highs (242 would suffice) 2 Red Line If we get a Hot reaction from the supply zone, or if we close below 233.50 tomorrow, Look for a retest and short entry off the supply zone. If the reaction starts to be slow (more than 5 days of red bars) it's likely this will turn into the green scenario. Entry 233.5 Stop 237 Partial TP 226.5 Full TP 218 That's all for AMZN Follow for more! Also comment if you would like me to chart a stock you are considering. thecafetraderTake a closer look into liquidity here. I will update the trade to prepare you for what to expect from next week.Amazon up right at that 233 level as I write this. It did get backed off a little bit. Not an aggressive buyer from Amazon so all levels and plays are still in tact. I will keep everyone posted.Today 7/29 was yet another hot reaction off that supply area. This is adding pressure on the top of demand. This is suggesting we come down to test the top of demand and see the reaction. we will see in the next couple of days if a new seller comes in.THIS IS IMPORTANT! - On My "minds" and X, I let everyone know that the TARIFF news was a MAJOR catalyst. a major catalyst changes the sentiment of those previous buyers. With amazon selling this strong into the close, you should be more cautious. - For example: If your sentiment was "aggressive" you should knock it down to a "balanced" sentiment. If you were "balanced", knock it down to "conservative". Also some things to keep in mind: The Options Market. - Market Makers have been getting squeezed for weeks, now with this news, they would look to take advantage of this bearish sentiment and knock the market back a couple steps slowing momentum. - The short setup and hedge worked perfectly according to the plan. re-read the Red Scenario. I will post this on my YT channel as well. This is a very bearish close, with the medium demand not being present after the Catalyst, this suggests we could see them becoming more conservative as well.Supply was strong, The added pressure from new tarriffs amplified that. Great Scenario that worked according to our plan.