NoOneWhoIsSomeone

NoOneWhoIsSomeone

Throughout history, one can always look back and categorize a period of time such as "The Great War", "The Great Depression", "The Progressive Era", "The Gilded Age", etc. We humans do not think of the present in such terms because everything feels as it is. There is no cognitive thought that can pinpoint that we are in a historical period until we reach what is...

NoOneWhoIsSomeone

This is going to be a very extensive post so it will take some time to fully grasp most of these concepts but I am going to try my best to explain my perspective of the current economic landscape and what implications certain factors can have going forward. First, let us look at the Original Chart in the post and explain it: As you can see I have laid out the...

NoOneWhoIsSomeone Updated 

Anyone who has followed me for a while has already seen some iteration of this chart, but I bring it up again today because it has proven to be one of the most reliable charts to date. It is essential to understand when we are looking at charts, sometimes it is not about the actual chart itself but rather what the data means and the implications. We are in...

NoOneWhoIsSomeone Updated 

I've been waiting to post an update on BTC because there are dramatic developments in the space. We have finally seen the capitulation I've laid out over the last few months and now it's time to reassess. Have we reached a Long Term Bottom, is BTC headed for New All-Time Highs soon? Likely, No. Crypto for the first time in its lifetime has found itself in the...

NoOneWhoIsSomeone

If you found yourself wondering why BTC has done nothing but chop back and forth for roughly a month now, look no further. This represents the absolute last remanence of the current uptrend. This support holding has not been my base case for BTC as I've expected the price to find itself at least to the 200W MA for quite a long time now. Something important to...

NoOneWhoIsSomeone

As with Icarus, Cardano enjoyed its trip to the sun. But just as fast as the Euphoria comes, it also passes. The sentiment regarding ADA has undeniably flipped over the last year. This project went from one of the most beloved, to one of the most doubted. If the ($0.40) mark indicated in the chart is lost, it is safe to say the sun has set and ADA holders...

NoOneWhoIsSomeone Updated 

Clear Head & Shoulders Pattern played out very similarly to the 2018 Bear Market. The last time we saw this type of breakdown we can see the bottom wicks were very similar and did NOT suggest a bottom. The First Support is at $1450. The Second Support, if we see a World Wide Recession play out, is $460. I know that the second target seems impossible but...

NoOneWhoIsSomeone Updated 

I have gone back and forth on my position on where the markets are heading. Finding reasons to be both Bullish and Bearish. It is a fact FED is going to tighten monetary policy and reduce their buying spreadsheet. My initial thoughts on these last 2 months of red were the market's pricing in the anticipated FED withdrawal. Then after today, we saw a break in...

NoOneWhoIsSomeone

As you can see by the chart, I have labeled every time $AAPL has deviated from its current trend and what follows right after. This has been a consistent pattern over the last decade and I believe today is no different. Powell reaffirmed his fight for Price Stability yesterday and will continue to do so until the mission is accomplished. 50 Year High...

NoOneWhoIsSomeone

This is just going to be a short-term update on BTC as we are finally seeing some structured form after the recent bloodbath. This is purely a technical setup on LTF. If you're wondering about the title, it is in reference to the Bear Flag that originally brought us here in the first place. And yet here we go again... The last thing to note here is BTC...

NoOneWhoIsSomeone Updated 

As we approach critical crossroads for where markets are headed let us have a small recap of how we got here. Here is my SPX post I published on March 23rd. Price has finally hit support in the chart. See for yourself: Something odd though is that NDQ (Posted on March 22) has not reached this same type of long term support: If we simply compare the 2020 Boom...

NoOneWhoIsSomeone

Markets are oversold and as bad as the Macro Environment is, things are not spiraling at this very moment. I suspect we will continue to see momentum swing to the upside short term as we head into the rest of this week. It is possible we are seeing a false move on a Monday but TA suggests a fair chance for a bounce. Now, this does not detract from my...

NoOneWhoIsSomeone

Just going to leave this here as we head into the weekend. I don't claim to have a crystal ball but I'm going to go out on a limb here and say BTC simply hasn't made a long-term bottom . BTC can bounce to $34,000-$35,000. From there I'm expecting another move down to test the 200W MA or the exact middle of the Channel. Too much confluence in this area. ...

NoOneWhoIsSomeone

This break-out is quite significant and realistically potentially indicates a real turning point in the market. Up until recently, it was still questionable whether BTC would find a bottom and may continue the Bull Run. But after the carnage this week and the Luna catastrophe, the market has lost all momentum. Alts are bleeding to nothing and BTC has become...

NoOneWhoIsSomeone

This break-out is quite significant and realistically potentially indicates a real turning point in the market. Up until recently, it was still questionable whether BTC would find a bottom and may continue the Bull Run. But after the carnage this week and the Luna catastrophe, the market has lost all momentum. Alts are bleeding to nothing and BTC has become...

NoOneWhoIsSomeone Updated 

No analysis here, just sharing this so everyone can appreciate it as much as I do. For anyone who lost in this terrible situation, it is an awful thing to happen. My thoughts are with the ones who lost much more than they could actually afford. Bad times come but they don't last. There is always light at the end of the tunnel. Stay focused and learn from...

NoOneWhoIsSomeone

Im here to say this is the Third Capitulation event in roughly 4 years. Trying to catch the falling knife is very dangerous unless you are absolutely ready to lose it. LUNA and their Stable Coin was the final nail in the coffin to send the market over the edge. Just remember, although fear has taken over and doom has arrived, this too shall pass. This...

NoOneWhoIsSomeone Updated 

All of Crypto has been in an absolute free fall the last few days. Between Luna and the Stable Coin catastrophe, the entire crypto space is in disarray. FUD is at an all-time high, and many people have lost their entire life savings. A massive Head & Shoulders pattern has been completed and the measured move down from the break is 49.90% . That puts...