Gm friends,
Welcome back to another Premium Investor Report.
Let’s jump in!
Here’s what’s in today’s issue:
- Technical analysis on the current market.
- A DeFi tutorial on how to bridge to Hyperliquid and earn on Hyperbeat.
For any crypto related questions please comment on the website.
Market Analysis
Fasten your seatbelts, because this is going to be a volatile week.
- Wall Street is coming back from a long holiday weekend.
- Bitcoin 2025 is happening in Vegas.
- Trump’s media company just confirmed a $2.5B Bitcoin treasury deal.
- Cantor Fitzgerald just launched a $2B Bitcoin-backed lending program.
And it’s only Tuesday morning. OK, let’s dive into the charts.
Bitcoin (BTC)
So last week, we did get that hard follow-through price action to the upside, and our leading indicator was decreasing volumes turning the corner into increasing volumes, within a consolidation pattern. So keep that in mind moving forward.
Currently, it appears that Bitcoin wants to go higher and bust out of this symmetrical triangle. But looking at the 4-hour chart below, it appears that this move might be happening at the time of this writing. And notice the volumes going higher on that last 4-hour confirmed volume bar. That’s a good sign for an upwards price move.
SIGNAL: Watch for a daily confirmed close above $110.1K on high volumes. If you get that, you can go long with a breakout trade. Otherwise, I like limit longs and spot fills around $108.2K.
Ethereum (ETH)
I like what ETH is showing here. It was breaking out of this pennant when Trump dropped his EU tweet. But since then, ETH has held the pennant’s descending resistance as support, and we’ve had higher grinding price action over the last four days.
To me, the chart says that price wants to go higher. It just needs a little push.
SIGNAL: There’s tons of support between $2,450 to $2,511. Set limit longs / buys in this price range. If you can’t get a fill there, you can go long on a breakout trade above $2,731.
PAXG (Gold)
I think a big breakout trade for gold is brewing. Now it might take another few weeks for this to happen, but it’s something to put on your radar and begin preparing for now. So this descending resistance has been active for about a month, but the ascending support has been in play for much, much longer. Both RSI and MACD have been reset to neutral territory.
And sorry to sound like a broken record, but look at the volumes. They’re declining as gold continues to consolidate. That’s exactly what we’d expect to see. And the opposite should happen as gold gears up for a breakout.
My bet at this point is we see a breakout to the upside.
SIGNAL: Increasing volumes will be your leading indicator. When you see that, and price breaks above or below these trend lines, that’s your signal to go long or short.
Garlic House
Apologies for all the trendlines, but it gives you an idea of where the support and resistance is coming in right now. Price action continues to grind lower, volumes continue to fall, RSI in neutral territory, MACD looks horrid.
SIGNAL: Just wait and watch. Price action has been really funky with XRP lately, so I don’t think there’s a rush here. Instead, wait for volumes to turn the corner back up, and only then would…
Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing.
