Crypto is shaping up.

As such I'm taking more trades.

Here are three crypto stocks I like.

This is the tape to begin thinking about taking trade setups.

As such, here are three potential meme coin trades.

Crypto is on the cusp of a bullish trend reversal.

These last six months in the crypto market have reflected the utility of patience in trading. Because we view trading through a financial lens, we always assume that risk management is preventing financial loses. And as such, we integrate strategies to mitigate against such losses.

These include stop losses, invalidations, and hedging strategies.

And while these are imperative in preventing losses from spiraling out of control, there is another aspect that gets commonly overlooked.

And that is psychological risk management.

Just like our portfolio value, we need to maintain a healthy balance within our inner emotional and psychological wellbeing. When we have a prolonged stretch of losing money in the markets, it negatively weighs on our mind. As such, this can create a negative feedback loop whereby we make decisions without awareness of the emotions in behind them.

The U.S. Federal Reserve cut rates by 50bps. This was not a surprise to investors.

After the market rallied, let's step back from the noise and spend a moment to understand what the charts are saying.

Heading into this week I was anticipating a bounce. We're seeing this playout and at the same time, we're seeing some positive rotation in stocks.

I have the same exposure in the coins I've discussed in recent weeks, with some additional positions in names like MARA.

Overall, a quiet yet productive week for markets.

While crypto is down, Helium is up. That's relative strength.

I'm also watching Polygon for longs and Maker for shorts.

More widely, the correlation between crypto and stocks is back. With Bitcoin nearing my bullish invalidation of 56,000, stocks are selling off and that's dragging crypto down.

Crypto markets have been trending lower and I have purposefully been putting on very few trades. I think this is the best approach for now while the market sets up.

View this as a positive thing, because while many are losing money and getting emotional, we have the ability to be patient and preserve our capital.

This means that when the good times inevitably return, we can go back to making money rather than clawing back from a drawdown.

I briefly walked through how I want to be patient trading names in the short-term while focusing on relative strength.

While today's name isn't currently actionable, it is just a stone's throw from being so. And, it's both a relative leader as well as having the tailwind of smart money in behind it.