If $CLSK can maintain a HL structure it has a chance of turning the corner. If $BTC breaks lower then obviously not but definitely worth keeping an eye on for shows of strength Same with all the high BETA plays down 60-80% over the past 4-6 months
Stopped out of this one... still too early Definitely starting to sniff around a bit now though Stuff likely to base in the not too distant future imo after large 60-80% drawdowns $BITF and loads of other similar high beta stuff in same positions
I think now is a decent time time to start hunting around for growth plays that have sold off heavily over the past few months. A lot of stuff down 60-80% from their recent highs. As always if you do play USE a STOP LOSS or if not DCA in and have a good time horizon
Been buying quite a lot of $MARA in the $7's in my SIPP It's more of a buy and hold with a loose stop of around 20% .. definitely not trading it I'll either be wrong and lose a bit or be spectacularly correct and make 10-20X that Interesting times
I visited my sister who lives in a nice part of London a few weeks ago when we were back in the UK! Honestly she doesn’t understand the reason why we left the UK and thinks I’m some far right nut job for calling out the obvious Some people completely delusional 😂🤯🤦♂️
First little nibble at high beta for a while and back to the old favourites lol. Stops clearly visible … you have to play defence first on these crazy names! Great when going up but you don’t want to be in them when they go down $IREN $CIFR $CLSK $BITF
Retail investor favourite $HIMS still looks terrible and clearly downtrending as it has been for months A bounce to low 30's for another lower high wouldn't surprise me in the not too distant May have been a capitulation candle yesterday
A bounce very soon for risk assets wouldn't surprise me tbh, particularly crypto proxies like $IREN $CIFR $CLSK $BITF etc etc don't be fooled though and as I ALWAYS say play defence first if you play the move. Identify your risk and use STOP LOSSES $BTC $ETH