How to take advantage of Bitcoin’s bounce

Trade stocks or crypto coins? Good Morning! Last week ended with a bit of a surprise… After a three-week beat down, Bitcoin (BTC) bounced back with a vengeance. It was up over 11% at one point. Ethereum (ETH) followed suit and was up over 5%. With volatility jumping back into the space, traders in the [SteadyTrade Team]( were looking at crypto stock plays on Friday… Heck, even [Oracle]( had a few on her list. So today I’ll share my plan for these stocks this week. Because as we know, they can have crazy moves depending on the sector leader. And I want to help you avoid getting caught in a selloff from bagholders in these stocks… Crypto Stocks to Watch All the stocks in this [sector]( move closely together. And they all follow the sector leader, Bitcoin (BTC). So if you want to trade any of these stocks — watch them all and keep your eyes on Bitcoin. It can change directions quickly… Here are just a few that were on [Oracle's watchlist]( on Friday. We’ll see if they can continue their momentum this week… - Marathon Digital Holdings, Inc. (NASDAQ: [MARA]( climbed on Thursday. It had a morning dip and rip and an afternoon VWAP hold, high-of-day break that afternoon. On Friday it gapped up and consolidated along VWAP. It was the same kind of price action we saw in PIXY on Thursday before it broke out in the afternoon. But MARA didn't break the high of the day, so I’ll watch for that move today. - Riot Blockchain, Inc. (NASDAQ: [RIOT]( and MARA have similar moves. So like MARA, RIOT started moving on Thursday. Then it gapped up Friday and trended sideways. But unlike MARA, RIOT did break the daily highs in the afternoon. - Hut 8 Mining Corp. (NASDAQ: [HUT]( trades at around $2.30 per share. So it’s a cheaper option compared to RIOT and MARA which trade around $8 and $14 per share respectively. Like RIOT, HUT broke its daily high on Friday. And it had a big bounce off VWAP. The Patterns to Watch For All these stocks have massive [floats](. So they won’t move quickly or necessarily have big gains. They can also be very choppy... That’s why I refuse to trade these in the morning and get bagged. So for me, all the crypto stocks are a watch for afternoon [VWAP hold, high-of-day breaks]( only. Case in point — RIOT and HUT both chopped around on Friday morning before breaking the day’s high in the afternoon. But if you’re not as jaded and spiteful as I am, and you have a plan — then all our usual patterns apply… Watch for dip and rips, breaks above the previous day’s high — all the patterns in [my ebook](. (Get it for free when you [join StocksToTrade Advisory]( If you want to trade them in the morning, I think the best setup is a dip and bounce off [the previous day’s close](. A lot of these sketchy stocks like to pull back at the open, that’s why I prefer to wait for the afternoon. And it’s important to stick to your risk and get out if you're wrong. These stocks are full of bagholders so they could experience a lot of selling pressure. If you want a better way to ride Bitcoin's momentum, consider learning how to trade the coins themselves. Learning about opportunities in crypto was one of my goals this year… And if you’re going to learn something new, why not learn from someone with experience and success in the space? [Matt Monaco will share his crypto trading secrets in this FREE event](. See you there! Have a great Money Monday, everyone. See you all back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade   sponsored   [Tim Sykes: “I can’t Imagine returns like THAT!’]( Tim Sykes: “I thought my $120k profit in college was something to brag about… I can’t imagine returns like THAT!” This was right after Matt Monaco gave Tim a small glimpse of everything he’ll be revealing during “The Final Crypto Shock” on Thursday, September 15th at 8pm ET… Where he’ll also provide details on the 7 dirt cheap coins that could make the crypto booms in 2017 and 2020 look like a JOKE! [Click here to save your seat now before spots fill up.]( sponsored   [Trade Like a Wall Street Pro | Get 1% Better Each Day | Join Live Trades Every Mon-Fri]( Our goal is to make you 1% better every day. Come LIVE trade alongside a pro trader, 2x a day, every single trading day of the year. [Apply For The SteadyTrade Team Today]( sponsored   [[BRAND-NEW] Ultimate Options Trading Blueprint]( Mark Croock just dropped his [brand-new options trading blueprint]( And it’s perfect traders with small accounts… And for a limited time, it's free! [<< Click here now to claim your blueprint before it's too late >>]( Recommended Membership Gifts   ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist]( [Stock Market Safety Course By Millionaire Trader Tim Sykes](   [Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 *Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. 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