Hi Shoppers,
You know I love a good quote or anecdote.
Sort of like this one ..
“Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don’t quit.” – Conrad Hilton
Here at Option Pit we strive for your success every day.
Our goal is to teach you how to trade for yourself (and provide excellent, actionable trading insights.)
All you need to do is “take that action,” and that’s as easy as attending our next live event.
They will let you in on the keys to becoming successful for the long-term – not just the odd profit here or there.
And you will also receive their new ebook, Five Steps to Full-Time Trading.
I’ll let Mark explain everything in this 3-minute video.
Now, once you have secured your seat for Tuesday night …
Let’s take a look at Bitcoin and a couple of the crypto stocks.
Cryptowatch
Here is my chart with pitchfork for Bitcoin (BTCUSD):
I am seeing a hammer candlestick created on April 18, with a confirmation candle yesterday.
I think BTC can trade back up to $42,700 with the next resistance at $44,500.
I’m also seeing bullish signals when I look at the crypto stock charts …
Coinbase Global (Ticker: COIN):
On April 18, COIN had a doji candle with confirmation yesterday. I think COIN can trade back up to the 50-day moving average at $180.
Marathon Digital Holdings (Ticker: MARA):
MARA also has a doji on the 18th with confirmation yesterday. There is also support at this level going back to May. I think MARA could trade back up to $25.50 and possibly $31.50.
Riot Blockchain (Ticker: RIOT):
RIOT looks to have two dojis over the last two days. I would wait for the confirmation of a higher opening and trade higher on this one.
A couple things to remember:
- Check the earnings dates.
- Also, BTC has been trading in correlation with the overall stock market, so keep your eye on that.
Thanks for Reading … See You Next Tuesday!
Licia Leslie