349871
The Grill Sergeant

@grillsergeant #349871

Keeping the charcoal hot for the CryptoDads
143 Follower 187 Following
The T/R candles in the stock market were invalidated today. Unless there is a big drop tomorrow, it looks like a correction is avoided for now.
FWOG

Still in a range, but confirming a 4 hour reversal now.

Green dot coming back.
USDT Dominance came down and tapped the trend line again today.

Not broken yet, but looking weak.
BTC Dominance has basically reached 59% today.

This is amazing to see on the strength of green BTC price action.
BTC 4 hour

Price is attacking the top of my channel. Not surprising that it is a struggle here. A pull back here would be totally normal and healthy.


BTC Daily

Green dots, green candles and a green track line turning up. All good signs, but that doesn't mean a pull back won't come.
Price took out another big pocket of shorts today.

I am on alert for a trap here.

Chances are we aren't going to rip right up to the next pocket of shorts above 70.

There would likely be a bear trap set before that happens.

We could also easily see a close above the trend line everyone is watching on BTC, setting up a potential bull trap.
MSTR

This front ran the BTC rally, but it now confirming a T/R candle.

More reason to be cautious right now.
Reason for caution with stock exposure.

Both the Nasdaq and S&P are printing Top/Reversal combos on the daily charts.

Same shows on the Nvidia chart.
10 year yield

Reversing today right at the top of the channel that I was tracking before.

This is good for TLT buys I mentioned yesterday.
FWOG 4 hour

This has been ranging for 9 days, which is good to see.

Trying to start printing green dots again.

Buys on the 4 hour track line have been money. Track line currently at about 17.5 cents
Total 3 is actually down today.

Grabbing some alts right now wouldn't be the worst idea.
USDT Dominance fell right to the first trend line.

Fingers crossed that this doesn't hold.
Part of the reason this is a really intriguing rally is that BTC dominance is hitting a new cycle high as well.

This is our best case scenario starting to play out. Dominance flies on BTC strength.

The reverse of this is going to be glorious beyond our imaginations.
BTC Daily

The pullback earlier wasn't a big surprise.

It touched right at the top of the giant bull flag.

I have a feeling this is the one that will actually break out, but the top of this range is not the place to go aping in.
SHAKA

Dipped lower than my entry, but has now had a clear break up from the bull flag.

Still a 350K MC token. Base wallets and TVL are growing massively, but everyone looking at SOL memes.

Still a complete gamble, but if this hits, it pays out in many multiples.

Base memes are more likely to see support/listing's from Coinbase imo. SHAKA has support from Jesse Pollack.
COIN

Trend flip green, breaking through resistance.

Best buy would be on a retest of 187 to 188.
TLT

For those of you looking for a conservative boomer play for retirement.

This has continued down, as expected.

This is coming back into a solid buy zone again.

Just under $92 is a solid support line and also the middle of the golden retrace zone.

Anything under $92 to $90.50 is an area where a bounce is likely.
ETH/BTC

As I've said before, I missed the bottom with the purple box, but I think when we zoom out a year or two from now, the purple box ends up looking pretty good.

It isn't 100% that this has bottomed, but we are seeing a solid base of support established.

I think we can feel a lot more confident the bottom is in once this is above the track line.
ETH Daily

Someone woke up ETH in a big way today.

Sheesh

Price is right into resistance here, so a cool off is also likely and healthy before continuing upward.

First green dot
BTC Dominance Weekly

We have seen this pattern on repeat since March 2023.

This isn't showing any signs of weakness yet, but at least it is going up on the back of a really strong BTC.
USDT Dominance

Big test of the green line coming up. Expect some market pull backs there. Once this breaks down, I expect it to move quickly toward the even bigger pink trend line.

Pink line has held since 2018. If that breaks, we are going to Valhalla. But I will be probably be looking to move back into cash some there.
Total 3 just now wanting a first green dot on the daily.

I put money where my mouth is yesterday and deployed some cash into gaming alts that were on support.
Power came back over the weekend, we returned from evacuation, and I just got my PC set back up.

What a day to get back on it here.

BTC 4 hour broke through the trend line and then accelerated upward.

Cooling off here before the next move would be healthy. Price fell just short of reaching the September high of 66508.

Maybe some consolidation/slight pull back here before the push to 69K.
SUPER Weekly

Sticking to Off the Grid for a moment.

Superverse is partnered with them and a number of other big games coming out.

I still don't understand how their token fits in to the other games at this time, but their connection along will pump them.

From what I have seen so far, SUPER provides network and marketing for games. In exchange, holders of SUPER get in game perks. For example, SUPER holders got a special gun in Off the Grid.

This is a lot closer to cycle high than AVAX, however the market cap of SUPER is only at 500 million.

To put that in perspective, it would take an 8X just to catch up to PEPE marketcap.
AVAX weekly

My favorite major token right now.

The technicals and the fundamentals are aligned for this to rip.

The chart says downtrend broken right after bottom and reversal confirmed.

There is resistance nearby at the $30-32.50 range. Once that breaks, I expect acceleration upward quickly.

It is more than a 2X just to get back to cycle high.

Now for the fundamentals...the price was at $64 without a huge use case.

The game I have been pounding the table about, Off the Grid.

**The game just came out and they are already hitting over 2 million transactions per day!!!**

DCAing AVAX right now is as close as a sure bet as there ever is in crypto.