Jasmy (JASMY) Drawing on the charts, nothing else to it than that.
Glassy, Grassy, Miami, ascii, chassis, tallahassee.
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For some reason the circles always shift whenever I try to use them as a published idea. Trading View should fix that. The circles should line up with the highs of each section.
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sassy, classy, grammy.
Some words that rhyme with Jasmy.
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Let's ignore those that refer to anger or violence.
Deflationary
FUFU LONG - Bullish DivergenceBuy low, sell high. Bitcoin dumped over the weekend bringing most coins back into price opportunity.
The Bitcoin ETF attracted a lot of value, what's next? The Ethereum ETF, recently approved in Hongkong (one of the largest financial centers in the world)
The Ethereum ETF brings narrative for Ethereum based MEME Coins, like FUFU. Potentially shifting the massive gains from Solana based MEME coins to Ethereum. Recent upgrades on the network also helped to reduce gas fees.
I see a huge daily Bullish Divergence on the RSI in combination with a Bullish reaction from the daily and weekly support level at 0.00000000820.
I like FUFU because of its burning mechanism, constantly reducing the supply of tokens. The team proves to be committed and continues to deliver new developments. A Chinese character and a cool song. Available on DEX and CEX. No holders with more than 2% of all coins.
$CNIRYY - Deflationary CPI- While ECONOMICS:USIRYY numbers remain inflationary,
having the latest increase to 3.2% on August 10th,
on the other side of the World from the second Global Superpower,
ECONOMICS:CNIRYY came Deflationary at negative 0.3% on 9'th of August,
just a day prior to numbers of ECONOMICS:USIRYY .
Note that The Head of Federal Reserve,
our pal Jerome Powell,
stated that Feds do not see Inflation ECONOMICS:USIRYY coming down to their norm target of 2% CPI
by 2025.
Jerome still believes on a 'Soft Landing'..
How about another Joke, Powell !?
Inflation: long term top or century breakout?Inflation Hits Fastest Pace Since 1981, at 8.5% Through March
Gasoline weighed heavily in the increases, while prices moderated in several categories. Some economists say the overall rate may have peaked.
Inflation hit 8.5 percent in the United States last month, the fastest 12-month pace since 1981, as a surge in gasoline prices tied to Russia’s invasion of Ukraine added to sharp increases coming from the collision of strong demand and stubborn pandemic-related supply shortages.
Fuel prices jumped to record levels across much of the nation and grocery costs soared, the Labor Department said Tuesday in its monthly report on the Consumer Price Index. The price pressures have been painful for American households, especially those that have lower incomes and devote a big share of their budgets to necessities.
But the news was not uniformly bad: A measure that strips out volatile food and fuel prices decelerated slightly from February as used car prices swooned. Economists and policymakers took that as a sign that inflation in goods might be starting to cool off after climbing at a breakneck pace for much of the past year.
In fact, several economists said March may be a high-water mark for overall inflation . Price increases could begin abating in the coming months in part because gasoline prices have declined somewhat — the national average for a gallon was $4.10 on Tuesday, according to AAA , down from a $4.33 peak in March. Some researchers also expect consumers to stop buying so many goods, whether furniture or outdoor equipment, which could begin to take pressure off overtaxed supply chains.
By Jeanna Smialek NYT
April 12, 2022
"Nobody Could've Seen this Coming" Is a Horse Sh1t Wall St. LieI was monitoring this ratio throughout 2019. Anyone following this could've seen that Gold was beginning to take US stocks's lunch money.
You can clearly see that US stock outperformance over Gold ended in late 2018. You can then see that a series of lower highs and lower lows were formed, and you can also see that multi-year rising trend support was violated with volatility behind it.
The trend already started, if you're late to the game, hop on now. Gold is going to outperform EM equities and US equities for YEARS.
It's my view that 1250-1300 (25%) is the max potential drawdown for Gold. For the S&P 500 and the Russell, the max drawdown is closer to 60-90%(!!!)
We are entering an extremely serious debt deflation. I like US Dollars and Gold as my two biggest allocations.
Also, if no one told you yet, stay the hell away from USO
AUDUSD short -- 3H timeframe -- RSI and 61.8 FibonacciNegative deflation factors mean lower commodity prices, risk assets, and Aussie is exposed to housing price collapse, banking sector pin-prick to the bubble, and general recessionary effects coming.
Retest of lows expected.
Price: 0.6236
Stop: 0.6270
TP1: 0.6100
TP2: 0.5800
The start of a huge bull run in BTC again?Patterns and price action repeats itself over and over again in markets. Time and time again we see assets with their own specific price action characteristics repeating which can present us with fantastic opportunities to get into the market.
Here you see BTC price action (blue) in 2015 following the LTC (Litecoin) halving which led to a bull run that reached $20,000. The price action is strikingly similar to the current BTC price action after the 2019 LTC halving with one major difference: we have encountered an enormous unforeseen deflationary spike as a result of the Coronavirus pandemic which has led to a hefty drop in BTC price.
Just before this deflationary spike, BTC was following an upwards trend to the 10,500 mark which in visual terms matched almost precisely what happened in 2015 (check the comparison of price action). With the Federal Reserve flooding the markets with liquidity and massively increasing the circulation of dollars in the system to try and inflate our way out of this crisis, I find it hugely improbable that the markets will suffer any more drops of significance which leads me to believe that BTC will continue on its original path upwards. With the purchasing power of the USD set to fall off in light of the Fed's mass printing, this will push prices in BTC higher and with a shortage of the only other tangible and unprintable assets on earth (commodities ) it is my belief that considerable amounts of money will enter Bitcoin and the crypto space in general, therefore, price action will continue in its original path.
HISTORY AND DOUBLE TOP IN DJT THE CHART POSTED IS THAT OF DJT AND NOW BOTH GAVE A SIGNAL OF DAMAGE TO COME IN THE DEFLATIONARY SPIRAL NOW IN ALL ASSETS .I DID MENTION THIS BACK IN JAN AND FEB 8 TURN WE HAVE JUST STARTED THE NEXT DEPRESSION CYCLE ONE WITH NOWHERE TO HIDE ASSETS BY JULY WE SHOULD SEE NEG RATES OF RETURN AND NEG RATES