ethmike

ethmike

If DXY TOP is in it will drop back to the lower diamond shape pattern. - If the scenario plays out: Long risk assets Long Bitcoin, Ethereum, GMX and JASMY

ethmike Updated 

Jasmy was resilient during the dump on April 12th. The Elliott Wave count looks promising. If Bitcoin reaches a new all-time high, Jasmy will surge.

ethmike Updated 

GMX is a Decentralized Perpetual Exchange. I use it, and as the old adage says: "Buy What You Use". gmx.io Yes the SEC is suing Uniswap and probably other decentralized exchanges. The last time I checked, the SEC doesn't have jurisdication over the world and is only protecting Americans from scams like FTX and buying Bitcoin under $300 when the first ETF was...

ethmike Updated 

Narratives: The Halving is not priced in. It's never priced in. There will be no more supply of Bitcoin as the halving will cut the supply in half. A spot ETF represents the new paradigm; inflows never cease. With the ongoing geopolitical events, Bitcoin is considered a safe haven asset. Take profits when an All-Time-High is reached.

ethmike Updated 

I'm pretty sure Jasmy is a scam. In 3 years, they haven't produced a single line of code. The Product Data Locker is just a User Dashboard from what I've seen. Jasmy claims they do not endorse the selling of crypto assets. Strange warning for a blockchain company. Keeps pivoting and using buzzwords: AI, DeFi, RWA. Do you really trust a group of Japanese...

ethmike Updated 

Top is in for Jasmy Is the proct just vapouware? Cons: - Do you really trust a bunch of Japanese boombers for Web3. - Have Sony done anything? - 50 billion tokens - They dumped 45 billion on their community - 3 years and there is no public code on github

ethmike Updated 

The only thing holding up the price of SOL is network congestion. People can't even transfer their coins to exchanges to sell them, even if they want to. That's a feature not a bug. WIF is a forced meme. Good job pumping and dumping your meme coins. Greate job ansem. Don't hate the player, hate the game.

ethmike Updated 

Get this: You cannot even use OP tokens as transaction fees on the OP chains. All Level 2 tokens are useless. Only ETH matters. At the end of the month, millions of OP tokens get released and dumped on the markets. See the supply schedule. The OP Foundation sold billions of tokens to investors at sub $1 prices. Have fun holding OP and becoming a "Community...

ethmike Updated 

Pump for Bitcoin Spot ETF and Havling in Fall 2023. Top around March/April 2024. Failed Halving Pump. Bad economic climate in 2024. Liquidity Event. Recession in Fall 2024. Crash to sub 10K. Bottom sometime in Fall 2025.

ethmike Updated 

Fit the 3 peaks and the domed house pattern. This head and shoulder is the domed house. Stop Lost: $70K

ethmike Updated 

- No token economics because there is no fee system. - Not decentralized - Chain goes down and roll back every other quarter - Did 20X from the bottom

ethmike Updated 

I'm bullish on Ethereum. It has been underperforming this cycle. The mean reversion trade. ETHBTC will be 0.0075 No TA. Just meme lines.

ethmike Updated 

Sell in May 2024 and Go Away. Pump the next 6 months to liquidate doomers before crashing.

ethmike Updated 

Cryptos show their hands. I'm bearish DXY going forward until May 2024. Head and Shoulder Pattern. Long stocks and cryptos.

ethmike Updated 

3 Peaks and Domed House pattern is a bearish pattern that occurs at the market top. 1 - Pico bottom at $15.5K 4 - Sillicon Valley Bank Bottom 11 - The fake ETF news annoucment 19 - Bitcoin ETF "Sell The News" dump 20 - Bitcoin ETF inflow pump 23 - Pico top at $74K Do we live in a simulation?

ethmike Updated 

DEX (Decentralized Exchanges) are the future. If you haven't thought so, just try using one on an Ethereum Layer 2 solution like Optimism, Arbitrum, or Base. Uniswap is the market leader in DEXes. It holds the majority of the liquidity. Even other DEXes like 1inch and Sushi utilize Uniswap's liquidity pool. Simply invest in the market leader in DEXes. Catalyst...

ethmike Updated 

Textbook bump and run reversal pattern for $OP. It already Throwback to Trendline twice on the daily but can do it again. Will be a great time to load up. if it does. Stop Loss: Break of Trend Line

ethmike Updated 

hase A: Phase A in a distribution TR marks the stopping of the prior uptrend. Up to this point, demand has been dominant and the first significant evidence of supply entering the market is provided by preliminary supply (PSY) and the buying climax (BC). These events are usually followed by an automatic reaction (AR) and a secondary test (ST) of the BC, often upon...