

Trading the Markets (April 16)
Apr 17, 2025
The hosts dive into the current market landscape, emphasizing the uncertainty surrounding trades. They analyze Bitcoin and other cryptocurrencies using the Ichimoku cloud indicator, revealing critical resistance levels and altcoin performances. The launch of Radium's Launch Lab is highlighted, positioning it as a competitive force in token launches. Additionally, the discussion addresses the challenges traders face in the volatile crypto market, advocating for cautious strategies like de-risking and buying dips. Insights from a Coinbase newsletter hint at a potential micro bear market for Bitcoin.
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Ichimoku Cloud Market Insight
- The Ichimoku cloud shows most crypto assets are in a downtrend with moving averages reversed.
- Fartcoin stands out with a bullish crossover, potentially signaling a short-term uptrend.
Buying Dip Strategy For Fartcoin
- If Fartcoin gets rejected near resistance and drops to about 65-66 cents, consider buying there.
- Avoid adding more if already well allocated and profiting, but keep dry powder ready for dips.
Alt Season & Meme Coin Performance
- Alt season hasn't started because equal weight indexes aren’t outperforming market cap weighted ones.
- Meme coins like Fartcoin lead recent gains, while others like Cheems show resilience in crowded Asian markets.