Consider a long position in NVIDIA (NVDA) around $177, with a price target of $211 and a stop loss at $167. Avalanche (AVAX) is showing significant strength, presenting a buying opportunity on any pullbacks with an ultimate price target of $45 - $46. The cryptocurrency Asta (ASTA) is experiencing a bullish breakout with potential short-term price targets of $2.60 and $3.60. Gold has confirmed its uptrend by holding a key support level, making current prices an attractive entry point for a long position. For short-term traders, Bitcoin (BTC) is expected to see a relief rally towards the $113,500 - $114,500 resistance zone, which is a potential area to take profits.

Bitcoin (BTC)

• The speaker is short-term bullish but long-term cautious. He has taken a long trade based on a technical pattern called a "sweep of the Monday low."
• He identifies a major resistance zone between $113,500 and $114,500. This is a critical area to watch.
  • Bearish Scenario: Price could rally into this zone, get rejected, and then move down to create new lows.
  • Bullish Scenario: Price could rally through this resistance, hold it as support, and continue to move higher.
• For long-term spot holders, the speaker suggests holding long positions as long as Bitcoin stays above the 21-week EMA (Exponential Moving Average). A break below this level would be a major warning sign.
• For those not in the market, he suggests it might be safer to wait for a confirmed breakout above $120,000 before getting long, as this would signal the next major upward phase.

Takeaways

• Short-Term Trade: A relief rally towards the $113,500 - $114,500 resistance area is expected. Traders should be cautious at this level, as it's a likely area to take profits or see a price rejection.
• Long-Term Signal: A confirmed break and close above $120,000 would be a very strong bullish signal for a significant move higher.
• Risk Management: For current holders, a weekly close below the 21-week EMA should be considered a signal to potentially reduce positions to manage risk.

NVIDIA (NVDA)

• The speaker is bullish on NVIDIA, viewing the recent pullback as a buying opportunity.
• The area of interest for entry was $178, and the price pulled back to $177.
• A specific trade setup was mentioned:
  • Entry: Around current levels (~$177).
  • Stop Loss: $167.
  • Price Target: $211.
• This setup offers a potential 18.5% upside with a 3-to-1 risk-to-reward ratio.
• The rationale is that the stock is on its "fourth or fifth attempt" to break a major resistance level, which the speaker believes makes a successful breakout highly probable.

Takeaways

• The pullback to the $177 - $178 range is presented as a high-probability buying opportunity.
• Investors could consider the trade setup with an entry near current prices, a stop loss at $167, and a target of $211.

Gold

• The speaker is bullish on Gold, stating "The trend is your friend."
• Gold has successfully retested a key technical breakout level (the 1.618 Fibonacci extension) and is holding it as support.
• This is seen as a high-probability opportunity to either maintain an existing long position or open a new one.
• Long-term price targets mentioned are higher Fibonacci extensions, specifically the 2.618 and 3.618 levels.

Takeaways

• Gold's current price action is very strong, confirming its uptrend.
• The current level is considered a good entry point for a long (buy) position, with the expectation that the price will continue to trend higher.

Asta (ASTA)

• The speaker is very bullish and is currently in a long trade on ASTA.
• The coin is showing strength, up 8% on the day and breaking out above the $2.00 resistance level.
• There is speculation and a "meme" in the community that the price could go to $4.00.
• Technical analysis provides more concrete short-to-medium term price targets:
  • Target 1: $2.60 (approx. 18% upside from current levels)
  • Target 2: $3.60 (approx. 63% upside from current levels)

Takeaways

• ASTA is experiencing a strong bullish breakout.
• Investors could look towards $2.60 and $3.60 as potential take-profit levels. The $4.00 level is a more speculative, community-driven target.

Hype (HYPE)

• The speaker identifies a short-term, counter-trend trading opportunity based on a potential bounce.
• The daily chart shows the price is at a trendline support level for the third time, which often leads to a bounce.
• This is considered a risky, counter-trend trade. The idea is to go long with a tight stop loss, anticipating a short squeeze.
• Long-term, the outlook is more cautious due to upcoming "massive unlocks." A relief bounce could be followed by a move lower towards the $27 - $34 support zone.

Takeaways

• For aggressive traders: A risky long trade could be taken at current levels with a tight stop loss, targeting a short-term bounce towards resistance around $49.
• For conservative investors: The long-term picture is clouded by token unlocks. It may be better to wait for more clarity or a potential drop to the $27 - $34 support area.

Pump (PUMP.FUN)

• The speaker is in a long trade on PUMP, although he is slightly down on the position, indicating it's still an early entry.
• The coin is attempting to reclaim a key level (the 50% level of its recent range), which also lines up with the 50-day EMA.
• Despite negative news about its "pumps, payouts, and buyback" revenue decreasing by 50%, the speaker believes a "complacency bounce" is still possible and tradable.
• The trade is available to be copied on the Pinex platform mentioned in the podcast.

Takeaways

• PUMP is at a critical technical level, and a bounce from here is possible despite negative fundamentals.
• This is presented as an early trade opportunity that investors could still enter, targeting a relief bounce.

Aerodrome (AERO)

• The speaker is in a long trade on AERO and is up slightly (10%).
• He considers the trade to still be in its early stages.
• This trade is also available to be copied via a bot on the Pinex platform mentioned in the podcast.

Takeaways

• AERO is another trade idea that is still considered to be at a good entry point for those looking to follow the speaker's strategy.

Hemi (HEMI)

• The speaker notes that HEMI had an explosive move, surging 40% in a single 4-hour candle after he mentioned it on a previous show.
• For those still in the trade, he sees no reason to close the position.
• He suggests targeting higher Fibonacci extension levels, specifically the 2.618 and 3.618.

Takeaways

• HEMI has shown extreme bullish momentum.
• For existing holders, the trend is strong, and holding for higher targets could be a valid strategy. New entries would be riskier after such a large move.

Avalanche (AVAX)

• The speaker is super bullish on AVAX, noting its relative strength and positive chart structure on daily, 3-day, and weekly timeframes.
• He suggests that any pullback would be a lucky buying opportunity.
• The ultimate price target for the current move is expected to be around $45 - $46.

Takeaways

• AVAX is one of the stronger-looking major cryptocurrencies.
• Investors could look to buy on any dips, with an expected target of $45 - $46.

Other Mentions

• S&P 500 (SPX): The speaker is holding a long position and has moved his stop loss to break-even, meaning there is no risk on the trade. The advice is to "hold this position long and strong."
• Chainlink (LINK): The chart is at a weekly support area. The speaker advises waiting for a sign of strength, specifically for the price to get back above the "breakdown level" from the previous Saturday/Sunday candles. A break above $30 would be very bullish.
• SPX 6900 (Token): The speaker is bearish/cautious. The token is at a very significant support level, but he would not be a buyer here. He sees a potential "head and shoulders" pattern, which is bearish. Losing the $0.90 support level would be "really, really bad."
• Sei (SEI): The chart is forming a "bullish pennant" pattern. If it can hold support around $0.32 and break above $0.34, it could trigger a significant breakout. He plans to cut the position if it starts to make a lower high.
• Sui (SUI): The bulls need to act soon. A rejection at the breakdown level is expected, but if that rejection forms a "higher low," it would be a constructive sign for a potential move higher.
• Mantra (OM): The speaker is extremely bearish, stating the chart is "terrible" and has "gone to zero." He compares buying it to buying Luna after its collapse. This is a strong warning to stay away.