CBMMR

CBMMR Updated 

Arrows are ABC wave. I do not see the wave being completed, though I will be requiring stronger indications of a move to a new low until economic data is filtered through the market. If the wave is completed, what ensues after will rival Tulip Mania. For those thinking the market may be bottoming, I would recommend finding another instance in which rates dropped...

CBMMR Updated 

A bold chart prediction. I recommend you don't follow it.

CBMMR

Been rising for too long. Time for a drawback. These are points I see as important.

CBMMR

This is not a bull market. In fact, the bearishness is far understated. Recession 2023. Depression 2024-2032.

CBMMR Updated 

Genuine warning to those that may not be aware. Gemini is about to go under, which will massively reduce the DAI stable coin collateral. DAI is likely going under as well. Genesis will then be completely out of room to squirm, so them and probably all of DCG will go under. Silvergate is a literal joke and will fall easily. This amount of chaos in the industry...

CBMMR

FWI - Never have and probably never will short crypto. Maximalists do however have the brain capacity of my cousin Charles... He has to wear gauze bandages around his hands to keep himself from sticking them in his ass and trying to eat his fingers. My uncle bought BTC at $50k and keeps saying "the market's bottoming", so it makes sense. Chart wise - Boxes show...

CBMMR

Started incorporating a line chart just cause it's easier to see trends and patterns and it feels like a cheat code compared to candles in terms of confirmation... Anyways, the 38.2% Fib at $3815 appears to have held held twice, as shown by arrows. If it does hold I am expecting a run up to $3900, or $3975/$4000 before resuming downward. I see a return to bearish...

CBMMR Updated 

I presumed the message would be made clear, and the acceptance stage entered. Apparently there are still enough delusional traders willing to buy. Here's where I see it heading: $3800 or $3950. Then again I wouldn't be surprised to see a rip to the upper channel line. How do people still not see this is going to implode? Investors believing they are getting a...

CBMMR

Rising pennant forming within a falling wedge. Could see it go either way. If I had to guess, I'd say whatever direction it breaks out of the rising pennant will be a trap, and a reversal will follow.

CBMMR

Such bearish PA. Take a look at financials. Operations are massively slowing with poor solvency ratios. Cash Flow has been plummeting. Operating Expenses rising at the same time. Share repurchases are tremendously underwater. nclnet.org Recessions can actually act as a catalyst for increased activity among Pyramid Schemes. Doesn't change the business model. As...

CBMMR

HSI has been flying on news of lowered COVID precautions and a lesser economic slowdown as previously expected. Where I see it going:

CBMMR

Watching 38.2% Fib ($104.645) for support. If this support fails, then watching 61.8% Fib ($98.386). The October inflation report was certainly good news for the FED and the market. However, inflation is not stopping anytime soon. www.macrotrends.net This link will bring you to the annual U.S inflation rate dating back to 1914. Look at the rate from 1969 -...

CBMMR

Long term C&H forming as well as a H&S pattern. Prime short entry. Don't see the C&H completing, more likely a trend reversal or stagnation.

CBMMR

Low IV, still disconnected analyst ratings and earnings not until near the end of the month. Why not?

CBMMR

Not sure if TA is relevant here, though given the fear engulfing all markets this should continue soaring. Yang peaked at $6821 in 2010 following the GFC . A GFC in China has potential to send this, I don't even know where. This also holds huge risk, so do not make an investment based off of what I say. Never make investments blindly, based off what others say.

CBMMR

This one is very straightforward. I'm shocked this squeeze has held up so well, though Crystal Cruises leaves me thinking it won't last. Wouldn't surprise me to see the same happen here.

CBMMR

This is a trade I will take the smallest amount of satisfaction in, which will be followed by disgust when those responsible once again fail upwards, disregarding all else. Target: $20

CBMMR

I'm not glad to see this playing out, I simply see no recourse to avoid it. Retail traders still appear delusional, buying up unwanted shares funds and institutions are dumping each week. When the box opens, it will be unconscionable for everyone. Markets are near a violent move, with a magnitude that no one will grasp until the dust settles. The world is about to...