Stewdamus' Technical Analysis

Traders, I talk Bitcoin. I talk Luna. And I talk about risk management. -Stew

Traders, This past week has been absolutely devastating to the crypto space as a true Black Swan event occurred and we all witnessed history made. Billions were wiped out in a couple of days. Trust was destroyed. And this has all stained the crypto community in such a way that it may take years to actually recover. Regardless, many of us were invested in LUNA, the crypto I am referencing in the Black Swan event, as it was completely annihilated. Backers of UST, Luna's stablecoin were forced to sell BTC and ETH in the midst of already heavy selling pressure in attempts to keep UST pegged to the dollar. All attempts failed and we witness a digital bank run. An event like this has not been seen before. This brings me to the subject of this post and my video. I started this whole thing months ago for two reasons: 1. It's fun for me. I enjoy doing technical analysis and trading crypto. 2. I want to help others understand technical analysis and hopefully, make money by using this tool to their benefit. 3. It was something I could do as a hobby that didn’t interfere with my current employment and commitments to my employer. If I feel that some of those main objectives are not being met, I have to step back, reassess, and potentially reset. And that is the situation I have arrived at. We are now in bear territory. I must prepare myself to aid all of you in dealing with a bear market. I have been through this before. But it does take some time to shift mentally and prepare. For this reason along with others listed above and in the video, I will be pausing paid subscriptions for a short time. Understand. I am not going away. I will not leave you all hanging. I will continue my videos. And I will pick back up and restart paid services when I feel I have prepared adequately and make valuable contributions from a charting perspective. I will also keep the paid telegram channel up and running. That will not be stopped. Those who are paid members. Here's how this will work. Your paid subscription will simply pause for the time I am re-calibrating and it will pick back up when I have un-paused. If you have 300 days remaining now, you will have 300 days remaining when I come back. If you have 30 days left, you will have 30 days remaining when I come back. Etc. Anyhow, I hope you understand, that my main goals are to help people and to have fun while doing that. I want to be able to do this while maintaining my commitment to providing quality work to my current employer. I don’t know that I am meeting all of these objectives at the time and I want to ensure that these objectives all remain a priority. I will need some time to reevaluate and ensure that I can continue to meet all of these. Any questions, please feel free to contact me. Tomorrow's video should come out as always. See you then! Stew

Traders, The bears are now in full control. Let's make some sense of this price action and strategize trading going forward. - Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ My Bitcoin Chart: https://www.tradingview.com/x/wSIL7MjU/ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, It looks like the bitcoin bears have returned, here's what we need to watch! Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, In my last post I was extremely bullish on APE coin. I had a target of $20+ and we reached and exceeded that target easily. If I was in that trade, I would have sold ALL and taken my profits at that point. I continue to receive requests for my analysis on this coin. Unfortunately, you all are prolly not gonna like what I have found here. Let's jump into the charts! - Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, It's time for an update on Jasmy. Let's go! -Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, From a technical perspective CULT DAO remains absolutely perfect. So, in this video, I will both do technical analysis on this coin and I will also use the chart to show you how I will trade this going forward. Best to you all! - Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, I hesitated with putting out a list this week. We are exactly in the most uncertain territory we can be. I could have almost put out a shortlist instead of a long and I will should we confirm our bearish market. But for now, there are some interesting coins that still remain for the most risk-averse among us. Here's what I've found. ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, This is an extremely interesting and critical area for the Bitcoin. I am seeing some new variables that we would be smart to consider. And, I answer the question you have all been asking, "Did I sell yet"? ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

A look at last week's "This Week's Hotness" list to see which coins gave us a pump and which ones dumped. ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, With all the fear I am seeing in the comments and everywhere else, you would think that the bears could have the conviction needed to take this market down (if that's what it's going to do). But no. We still remain in bullish territory overall. Check out some of the things I've spotted here. Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, Despite our pullback in the markets, there are still some good trade setups to be found. Here are the coins that I have on “This Week’s Hotness” list: LCX, CULT, SNX, CHZ, SKL, AAVE, EOS, Comp, FOX, Luna (wluna), AMP, DNT, ACH, ASM, Coval, IOTX. As always, the standard warnings apply. Always keep your eyes on the big dawg, BTC. Never risk more than you can afford to lose. Don’t bet it all on one trade. Diversify your portfolio. Be disciplined about your entry/exit points. Set stop losses. Etc. Best of luck to you all! - Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, The charts are showing me that Bitcoin price action might now be ready to move up. Get ready! - Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, Overall our list is doing excellent! Many coins have pumped and many coins have yet to pump. Only a few have dumped and even the dump is really not that significant other than to take the coins out of prime setup. These coins have pumped and no longer have high potential. I've had to remove them from my list. Congrats to those of you who were in these trades! OGN ZRX KNC These coins have pumped and I have left them on the list because they still have more to go. Congrats to those in these trades: WLUNA SKL BAL SNX EOS AAVE APE These coins have yet to pump but are positioned to do so soon: CULT CHZ LCX COMP FOX And these are the dumpers: BCH SHIB DOGE ETC* ETH** Quick note: Dump is probably too hard of a word. These coins have simply fallen out of prime setup territory. * I didn’t take ETC out of the list in the video but I should have. That’s why it’s here. **I overlooked ETH in the video too. It has fallen below the 50 day ma. ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, Let's take a look at the charts after this bloody day in the U.S. markets. ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, A little anxiety relief here. Let's put our emotions in the backseat, look to the charts, and do a little technical analysis to observe what the charts are telling us. - Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, Here is my list for this week. Enjoy. https://i.imgur.com/prRAo85.png - Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, Are we late to the party on this one? Mmmm... I don't think so. In fact, as many of you already know, I entered into this trade yesterday. I'll explain in this video my rationale as well as cover 3 additional technical factors that caused me to make my decision. ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, We have tested our multi-year support yet again! As you know, this is something I did not want to see us doing. However, our support remains incredibly strong and thus, we have bounced yet again off of that support. This is now the 16th or 17th time (depending on what one classifies as a touch) that we have tested our support. Currently, Bitcoin is forming a bullish hammer candle. Let's to a quick review of our charts here. ⛓️ 🔗 Useful Links 🔗 ⛓️ My TradingView: https://www.tradingview.com/u/stewdamus/ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Will CULT DAO take out another ZERO? The charts are screaming, "YES!" ⛓️ 🔗 Useful Links 🔗 ⛓️ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Let's take a look at what made the list this week and why. ⛓️ 🔗 Useful Links 🔗 ⛓️ My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, In this video, I want to review four more positive signs that have appeared on my Bitcoin chart: * Tax Day, Monday, April 18th, is almost past! * Exchange Supply Low - could be extremely positive if buyers step back in. * 3rd largest wallet bought 624 more BTC. Whales still buying. * This appears like it could be an 80% retracement and done! ⛓️ 🔗 Useful Links 🔗 ⛓️ My Last Post(s) on BTC: https://www.stewdam.us/p/bitcoin-caution-heres-what-the-bulls https://www.stewdam.us/p/bitcoin-caution-heres-what-the-bulls-778 (NEW) My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Good Morning Traders, I promised a mid-week update if Bitcoin didn't follow price action as I anticipated. It certainly did not. In fact, we are drawing close to a territory that concerns me. More on that below. But first, let's review what didn't happen: [*] BTC did not remain above the 100 day [*] BTC did not remain above the .618 fib retracement level [*] BTC did not ascend to an anticipated price zone I had circled above in the last chart. Ok. So now, we must reanalyze our charts based on the new price action and chart data we are observing. I've made note of the key items that I believe are the most significant on the chart. Some of these are bullish variables, and some are bearish. Let's start with the bearish: [*] The list above plus, [*] We are deep in the FUD Zone, which if you zoom out on the daily could, in fact, be a longer-term bear flag from my H&S pattern which has yet to be completely invalidated. Yikes! Let's hope this is not the case. [*] We are getting too close for comfort to my long-trending yearly support line in the sand which today sits right around 38,500 [*] We are below a fairly strong support level at 40,700 which will now act as overhead resistance [*] There is the potential that these last two green candles formed on the daily are simply the formation of a new bear flag, in which case, it might move us down further to a re-test of our yearly support. As you all know, I absolutely DO NOT want us to test that support again. We have now tested this support nearly a dozen and a half times since Jan. and with each test/re-test, that support will become weeker and weeker. I do not know that it will hold should we get another re-test on it! If we break it, down we'll go! Now the bullish indicators: [*] We bounced at the 80% fib retracement level. This level was drawn from the move up starting on March 14th to it's end at the 200 day ma on March 28th. [*] Not testing our yearly support again can also be viewed as positive (though, being so close is not necessarily bullish). [*] A look at the U.S. dollar chart indicates we are overdue for a pullback on dollar strength. This pullback, should it come, would give BTC the break it needs to move higher. https://www.tradingview.com/x/VhoobAog/ These are the details that I mainly wanted to relay to you all for now. I will do a video in a bit, reviewing this data and providing clarity for those of you that appreciate it. Hope this helps a bit. Best to you all. Be cautious and careful with your trades for now. The direction is uncertain. - Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ (NEW) My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, Let's go through "This Week's Hotness" list that I put out on Friday and clean up our list. Some of these coins pumped big but many of them flopped due to BTC price action and fear back in the market. ⛓️ 🔗 Useful Links 🔗 ⛓️ (NEW) My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media

Traders, In this video, I tackle the big question of the hour, "When will the bleeding stop?" To answer that question, we have to look closely at our fib retracement level and where I want to see us close by Wednesday afternoon. - Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ (NEW) My Trade Tracker: https://docs.google.com/spreadsheets/d/1viRw7nLCIHk2iByzrG7Wk2cSXmKsno2ZZK1ZuEJaP-A/edit?usp=sharing My Subscription Site: https://stewdam.us All My Socials: https://www.stewdam.us/p/social-media