Similar pattern to 08, everyone talking about repeating the same pattern, even the news about banks defaulting are the same, and even the hero of 08 is the same Dr . Burry. Move to 100ma and then back to 200ma? and then everyone sees it and goes short? yea...... I am contrarian here if everybody sees it and talks about it I would rather do the opposite. Do your...
If history is any guide... It can go to $0.69 just for the memes! Wish to the moon! don't try to outsmart Wallstreet just try to think like them. I have been wrong 100 times with this one! I just don't want to be 100 + 1! This is what true risk/reward looks like! Everybody is scared to death and the majority sitting at > -70% losses... Please do your own...
Some similarities between 2000 vs 2022 1. Before reaching ATH the index did a very sharp decline of 33% 2. It took the index 17 bars to reach an ATH vs 20 now 3. Found support on 40SMA after 9 months from ATH vs 7 now 4. Mass retail participation 5. .com mania vs crypto mania? (did luna just popped the bubble?) 6. Interest rates were falling back in 2000 vs...
So many similarities... 1. Mass participation of retail 2. Enthusiasm about new technology! it was .com back then it is crypto now! 3. Failed IPOs/SPACs 4. Is it that obvious??? We just don't fight the FED? no technical analysis, no fundamental, no politics, NOTHING??? 5. Can the bomb fall twice in the same place? Let's all short Nasdaq and make money right???...
KUCOIN:BTCUSDT Looks similar to what we just saw on the way to 43k. Both bearish pennants then a good drop the a good little run up. But lets see where things go!
In this post, I tried to use from Pi Cycle Top Indicator for finding similar movements between two cycles, First cycle:2013-2014-2015 , Second cycle : 2020_2021_2022 . 🔅 Indicator Overview 🔅 The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days. It uses the 111-day moving average...
The geopolitical event has helped gold to set a new all time high (what would probably happen anyways at some point). Right now people are very scared, and are fomo buying commodities like metals, oil, gas futures, and so on... right at their all time highs. Think about it... they make retail investors sell equities at their local bottoms to FOMO buy commodities...
Study the greek economy & politics from the period 1990-2012 and you might find a lot of similarities with that is currently happening in the US. Greece experienced a credit boom from 1990-2008, people however were living above their means. We faced the biggest bubble in Greece's economic history during the 1999 when everybody was playing the stock market! and i...
Bitcoin is running in ascending channel from the middle of July until now. In this post, I will compare four rallies that Bitcoin has passed from 21 July until the current price. each rally has been made from two pivot points. First, I will explain the features of four rallies. Bitcoin Analyze ( BTCUSDT ) Timeframe Daily⏰ Rally 1: start date: 21 July...
Hi, Today when I was sure about the head and shoulder patten's necking line was broken (Trusty) + when we have 2 new major pivots that we can find new targets for ending this bear rally, I decided to update my last post about Bitcoin (Topic: Bitcoin Analyze (Cycles)!!!🔄== it moved as I expected✅👇). Bitcoin Analyze ( BTCUSDT ) Timeframe Daily⏰ Location🌊: about...
Hi, today I decided to speak about similar cycles that can happen on Bitcoin . these cycles are verifying the way of my previous posts. Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰ Location 🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze_Road Map🗺️(Update)!!!''. Cycles 🔄: we have 4 cycles on my chart, cycles...
The probability of it, not known no history to track & check for success rate as with our other studies. Just laying down the chart & you make up your mind. We might still have one more leg up "or not". I could be very wrong like big time wrong. But, nevertheless it is a possibility that we should not ignore . It is a probability that we should "observe" to say...
Do they close they as a trap for bears? or they close the eye as a warning to bulls?
Back in January/February QQQ was holding a similar regression channel going back to October 11th, 2019. The regression channel was 2.5 standard deviation instead of 3 standard deviation that we had for our covid rally so it wasn't quite as volatile. For distribution days, usually you would use the Index to count them, but since QQQ is so correlated with NAS100...
While looking back on the Daily, you can see that almost Exactly 3 Months ago this weekend, BTC was in the same exact position within it's approximately 2.5 month long uptrend channel (as we have now too) while the 50MA is in process of beginning to crossover above the 200MA. Plus, if you compare that February top of $10,522 with the recent high at $10079, BTC is...
Possible 2500% on Puma Coin. Let's see what happens. It is similar to XVG's early market cycle. Low profit allocation trade Who knows? Good luck. *Not financial advice*
ETHUSD showing similarities to where LITUSD was approx. a month ago. Expecting same move for ETH to 200$ Test of 200 EMA as LITUSD did.