SOL Will Explode To $780 In __ Days! [I'm Buying These Solana Altcoins Now]

Summary

In this video, the speaker shares their insights on trading strategies, focusing on the importance of invalidation periods and the use of momentum indicators like the 'noodle' in their trading approach. They discuss current market conditions, including their perspective on SPX, their active trades like Spell, Bonk, Goat, and Radium, and the potential for further growth in these positions. Additionally, they highlight the psychological aspect of the market and the value of large-cap gains over meme coins. The speaker also promotes their trading community and educational resources, providing valuable insights for traders looking to improve their strategies.

Takeaways

• 😀 The speaker emphasizes using a stop adjustment strategy to lock in profits, particularly after a trade has moved into the positive zone.
• 😀 The 'noodle' indicator is highlighted as a unique tool available exclusively to Mil’s High Club members, aiding in market decision-making.
• 😀 SPX is currently in a negative trend, and the speaker suggests playing the trend or potentially entering at 46 cents for a lower-risk position.
• 😀 The speaker expresses interest in Dollar Cost Averaging (DCA) into certain assets that are down 44% from their highs, suggesting long-term investment potential.
• 😀 Goat, a Solana-based AI meme coin, is considered a potential long trade due to its strong psychological level and bounce off the noodle indicator.
• 😀 Bonk is also discussed as a promising meme coin, showing strong momentum with a break above the 3-day resistance, outpacing Whiff in performance.
• 😀 Popcat is less appealing for a trade at the moment due to its erratic behavior on the 4-hour chart, but could be considered for a higher confirmation entry.
• 😀 Radium, a decentralized exchange (DEX) on Solana, has appreciated significantly since being recommended at $2.70, and the speaker is holding it for further potential gains.
• 😀 The speaker reflects on market psychology, pointing out that when the market is not hot, videos get fewer views, but when the market picks up, views spike.
• 😀 Jupiter, another Solana project, shows bullish potential with a flip in structure on its 3-day chart, indicating it might break resistance and move higher.
• 😀 The speaker values trading large-cap coins like Mantra, noting that a 10x gain on a large cap can be more significant and practical than a 100x gain on a meme coin.
• 😀 Viewers are encouraged to join Mil’s High Club for early access to calls, exclusive tools like the money noodle indicator, and other trading insights.

Q & A

What does the speaker suggest about raising stops during a trade?

The speaker suggests raising stops to lock in profits once a trade is in profit, which helps protect gains in case the market reverses.

What is the 'noodle' indicator mentioned in the video?

The 'noodle' is a momentum indicator available exclusively for Mils High Club members. It seems to assist in analyzing trade opportunities.

What is the current market situation regarding SPX (S&P 500)?

The speaker indicates that SPX looks bad on the chart, suggesting either a continuation of the downward trend or a possible opportunity to short or play the trend.

What does the speaker mean by 'DC-ing' into an asset?

'DC-ing' refers to dollar-cost averaging, which involves investing a fixed amount of money at regular intervals into an asset, regardless of its price, to mitigate risk.

Why does the speaker find 'GOAT' a good investment opportunity?

The speaker sees 'GOAT' as a good investment because it is bouncing off a strong psychological level around $1 and has shown positive technical signals like a bounce off the 'noodle' indicator.

What is the speaker's view on 'Bonk' as a cryptocurrency investment?

The speaker is bullish on 'Bonk,' especially after it broke above a key level on the 3-day chart. It is seen as a strong play within the meme coin sector.

How does the speaker feel about 'Popcat' as a trade?

The speaker is cautious about 'Popcat' due to its choppy price action on the 4-hour chart, and is waiting for better confirmation before considering a position.

What is the speaker's opinion on 'Radium' and its potential?

The speaker believes that 'Radium,' a decentralized exchange on the Solana blockchain, has significant potential to continue rising, noting it has already doubled in price since their initial recommendation.

What is the significance of 'Jupiter' in the context of Solana-based investments?

The speaker suggests that 'Jupiter' is showing strong technical signals, with a potential breakout above resistance levels. This makes it a good candidate for continued price appreciation.

What does the speaker mean by the phrase 'Market psychology' in relation to video views?

The speaker mentions 'market psychology' to describe how the attention and views of their content increase when the market is doing well. They point out how their video views skyrocketed from 31,000 to 70,000 as the market recovered.

Why does the speaker consider a 10x return on a large-cap investment better than a 100x return on a meme coin?

The speaker believes a 10x return on a large-cap investment is more impressive because large caps tend to have more liquidity, stability, and less risk compared to meme coins, making such a return harder to achieve and more rewarding.

What is the 'Mils High Club,' and what benefits does it offer?

The 'Mils High Club' is a community for traders that provides exclusive access to tools like the 'noodle' indicator, along with analysis, educational content, and early trade calls.