Stewdamus' Chart Analysis

Stewdamus' Chart Analysis

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Stewdamus' Chart Analysis
Stewdamus' Chart Analysis
Trade Alert(s) - 2x-4x Potential On These Coins

Trade Alert(s) - 2x-4x Potential On These Coins

I know you don't want to buy now, but look at these prices!

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Stewdamus
Apr 30, 2024
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Stewdamus' Chart Analysis
Stewdamus' Chart Analysis
Trade Alert(s) - 2x-4x Potential On These Coins
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Morning Traders,

Yeah, who wants to buy now? There is a ton of news pulling prices down. Geopolitically, things are heating up. Fear is on the rise. Precious metals and commodities are spiking to confirm the fear rise. The fed is taking at least one rate cut off the table. The dollar is rising. Stocks continue to contract. The SEC continues to wage war against exchanges, mixers, wallets, defi, altcoins, and basically anything that is non-BTC crypto. And Bitcoin is flirting with a further move to the downside. And yet, this idiot is buying alts.

The fact of the matter is that even with the potential risk of more loss, this is actually the time to be buying. Dollar-cost averaging is a good strategy for your longer-term swing trades. And on your shorter-term or average-length trades, simply set those stops tight to minimize your risk of big losses. I am showing and example of both here in this post with my two entries. One of them has a target that is literally 4x its current price, but still a reasonable target. The other has a 2x target which I think will be met fairly quickly if Bitcoin continues to hold above my multi-year trendline. Let’s take a look at my trades.

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