Get started

Narrativesunfolding

Macro analysis of the Crypto market in relation to equities/DXYIn order to go long: I want to see COINBASE:BTCUSD push through the .5 fib convincingly as well as test that incoming pitchfork after yesterday's doji candle. You can see that I have overlayed BTC shorts on the same chart. They were inching up earlier, but have resumed the floor it's been testing. The AMEX:SPY seems confused going into the weekend (won't let me tag ES). Holding 4093 which was a major support this week, along with 4085, even though the waters were tested this AM in the futures market. The Overnight Reverse Repurchase Agreements on the bottom show that the Treasury is not done and supporting this market heavily still. If equities can hold off from dumping, we may see the Crypto Total Market Cap test it's Spring highs this upcoming Winter. Right now that CRYPTOCAP:TOTAL is meeting resistance around 1.5T. The DXY has rallied slightly off COMC news on Wednesday that inflation is still transitory, despite missing projections. If we can see the dollar lose some strength here we would see the S&P rally like we saw from Nov-Feb as well as in April, which would be fantastic. We can see the BTC.D is rising and it is yet to be seen if BTC.D will bounce off of 50%. If BTC.D can rage along with the Total Crypto Market Cap, I expect alts to be okay and BTC fomo to take place. Idiots that are holding too many alts and bought all the alt dips after purchasing the top will probably get burnt and I wouldn't be surprised to see something similar to what we saw around Thanksgiving 2020 when the Crypto market sold off prior to it's massive growth in late 2020 into early 2021. Lastly, pending the EIP1559 upgrade on Aug 4th, I projected a price of 2500 a week or so ago on COINBASE:ETHUSD (not on here, but I don't really give a damn - that's still my target). I expect volatility that day and for many traders to take this upgrade as a "sell the news" opportunity. However, if BTC breaks through the pitchfork as I alluded to in the first sentence, this 2500 target may be smashed through and CRYPTOCAP:ETH.D might give BTC.D a run for it's money if the news really picks up on it. I would love to see 1559 force ETH to challenge previous ATHs, but we will have to wait on the market to open Sunday, in addition to what Crypto has in store for us over the weekend. For awhile, the only thing certain was a crypto sell-off during the weekend, but last week the market really recovered into what we have at the moment.
COINBASE:ETHUSD
by Abstractions
Update on XRPIve posted many charts with different insights on each but wanted to sum up why this will rocket hard just based on technical analysis. Everyone was scared when the SEC had the case against ripple, but based on the chart, the move was 100% accounted for and doesnt look like a selloff AT ALL. If youre like me, you know many things are planned, and the world is in many ways a stage, and I believe in this case its all a stage too. for my speakings on the narratives unfolding and the blackouts and cyber attacks, even the plan-demic you cam view my other ideas in which I speak about a lot. from agenda-21, to the 1988 world reserve currency magazine, to the Federal reserve banks aka the wealthiest families in the world creating crypto itself (XRP was made years before ripple network started) Many great things that most people should know is in my ideas and I encourage you to DYOR, as I was stating in this idea I tried to point out some obvious reasons xrp will see a big rise as I stated, disregarding the fact that it will be the heart of the new financial system. Anyways, best of luck to all traders, do research, and always, dont trust the government. (Latin) Govern: control (Latin) Ment: mind Don't let them mind control you. Think beyond what they tell you. stay golden. stay fluoride free. PS: Still expecting crash across all markets unless the DJI somehow continues higher. Check other ideas.
by GoldenTrades0816
11