Friday, August 13, 2021 6:46:50 AM
ADA was an idea that I saw around 9:00 PM last night. I left my charts open all night and when I looked this morning it had popped to the top. A decent 10% move over night.
My universe of coins is changing as M modifies his universe. What I liked on the 30 min chart with all of the coins was that ADA was showing a rise and moving up as the mass of coins was flat to down. The shorter thicker arrow is that 9:00 time.
On the individual ADA chart I like that the supertrend up arrow was in play on every time frame. I also very much had my eye on KEEP and GRT and they also had the supertrend up arrow in play. But I was focused on ADA and ready to pull the trigger when the drowsiness hit.
It remains just an idea as I didn't act. A lot of action overnight. All of my holdings turned up. Breakouts happen. It's like Vegas with casinos open all night and day.
One thought really starting to solidify is that if we are in alt season these idea plays are higher probability plays. A rising tide and all of that. The corollary with stocks is that it is easier in a strong uptrending market to hold winners.
My universe of coins is changing as M modifies his universe. What I liked on the 30 min chart with all of the coins was that ADA was showing a rise and moving up as the mass of coins was flat to down. The shorter thicker arrow is that 9:00 time.
On the individual ADA chart I like that the supertrend up arrow was in play on every time frame. I also very much had my eye on KEEP and GRT and they also had the supertrend up arrow in play. But I was focused on ADA and ready to pull the trigger when the drowsiness hit.
It remains just an idea as I didn't act. A lot of action overnight. All of my holdings turned up. Breakouts happen. It's like Vegas with casinos open all night and day.
One thought really starting to solidify is that if we are in alt season these idea plays are higher probability plays. A rising tide and all of that. The corollary with stocks is that it is easier in a strong uptrending market to hold winners.
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