Positive Momentum. Another quick update here as I'm about to catch a flight to DC for the tastylive Whiteboard Tour. If you're in the area, swing by Union Stage Thursday night for what's shaping up to be an awesome show. Doors open at 5 pm and admission is free, so stop by if you want to talk crypto, trading, and have some beers. BTC is back near all-time highs, the vibes are good, and we're seeing positive momentum shifts across a handful of tokens. You know I've got my eyes on ETH, patiently waiting for that break of $2,850 and subsequent rip back to $3k. One can only hope, right? In the meantime, here are some of the signals we're seeing as price momentum shifts across a number of the tokens we've been tracking. Daily Timeframe BTC - Neutral to Bullish ETH - Neutral to Bullish XRP - Daily - Bearish to Neutral LINK - Daily - Bearish to Neutral XTZ - Daily - Bearish to Neutral AVAX - Daily Bearish to Neutral Weekly Timeframe COMP - Bearish to Neutral I've also closed recent trades in COMP and AAVE, while adding to my ETH position. You can see all of these and more trade ideas on the tastytrade Follow page. |