GreatScottTheMoon

GreatScottTheMoon

🐼!success!🐼 Loading... Surge Verge Purge Splurge Then I guess bag talk? Something something moon? Or $650 lower log regression retest followed by reset and eventually...liftoff. Who knows? All the best. See you on the moon.

GreatScottTheMoon

Energy markets are currently trying to find their footing. The loss of Russian crude to sanctions and the war in Ukraine has caused an impulse wave in the market. My last energy post was about the long term more generally being short on oil. Short-term the disruption will cause elevated prices for a while followed by a turndown. Due to growth in energy use...

GreatScottTheMoon

The Russia & Ukraine kerfuffle is opening a gap in supply and demand since February 24th with their invasion. G7 countries will have a common interest in bringing the conflict to a close as the effects begin to weigh on the economy more generally. Emerging markets can take advantage of the situation and build out their consumption infrastructure with cover of high...

GreatScottTheMoon

Trading mid-caps and low caps (aka sh!t coins) is only a good strategy in a bull run for BTC and ETH. But here are some notes on things to look into for the next bull run to keep yourself busy. Understand how they work and how they plan to provide value to make money. DO NOT BUY RIGHT NOW! RESEARCH! Curve finance ecosystem Ape coin (bitcoin of gaming crypto) ($20...

GreatScottTheMoon

CPI-U is reported at 8.5%. The alternate CPI-U from 1990 has inflation around 12%. The alternate CPI-U 1980 has inflation around 16.5%. This has triggered the markets sentiment that inflation is over to go hog wild on it's Goldilocks targets and head higher on the SPX. To bring inflation down to the target of the FED now becomes the discussion. The market is...

GreatScottTheMoon

Ethereum's long-awaited merge is just around the corner, possibly the week of September 19th according to recent news. Hopefully the 21st of September for the Earth Wind and Fire memes. (da da ut da...and now it's stuck in my head) Shifting from Proof of Work to Proof of Stake will alter how the network nodes establish consensus. The new consensus layer of ETH...

GreatScottTheMoon

Meta is the big bet made by Facebook to corner the market on digital devices hardware currently causing problems for their other business models. The whole effort is a data wolf in sheep's clothing and precisely why they will compete long term with a decentralized metaverse from one of the big web 3 players the sandbox, decentraland, and the other side among...

GreatScottTheMoon

5 year bond yields in the US look like they might be topping out. Incurs a negative bias on the wider economy. Return to the historical trend around the yellow line?

GreatScottTheMoon

Personal notes on the indicator. Heading lower. Last major read was fallout of 08. Incurs a negative bias on the wider economy.

GreatScottTheMoon

Personal notes on economic indicator. Optimism is heading lower. The last major read was the fallout of 08. Incurs a negative bias for the wider market.

GreatScottTheMoon

Personal notes of the leading economic indicator. Any read below 60 is generally negative for the markets. The last major read at this level was in the 08 fallout. The most recent read is an all time low. Incurs a Negative bias for the wider market. However only a good read for durable goods.

GreatScottTheMoon

The fed hiked rates today by 0.75%. They have also moved to meeting by meeting data dependency. Since they've done both in one meeting there is the possibility that if inflation continues higher for a few months they will be unable or unwilling to cut rates to save the economy from the earrings recession likely on the way. In short the supply side situation is...

GreatScottTheMoon

Remind me of these later once BTC turns around in 2-3 years and VR or AR catches on. (Current prices) The big three: Decentraland ($0.84) The Sandbox ($1.19) Ape Coin (The other side) ($4.69) Enjin Coin (ENJ) ($0.51) Ultra gaming (UOS) ($0.29) Vulcan forge (PYR) ($3.20) Verasity (VRA)(game streaming) ($0.0042) Adshares (ADS) ($2.02) Launch pads: Seedify.fund...

GreatScottTheMoon

Well CPI-U came in at 9.1%. based on 1990s calculations that closer to 12.5% and based on 1980s calculations that's closer to 17-18% Just OOF. Guarantees FED won't go data dependent and then about face in their next meetings but honestly who thought they would...oh right everyone but bond traders. Add to that the earning reports for Netflix, IBM, Twitter,...

GreatScottTheMoon

The pi cycle low indicator on a daily time frame has been a decent indicator for the cycle pivots on BTC for the last few years. This for me indicates the range to begin watching and officially restarting DCA strategies. This will be my second cycle I know this is hard for first timers. I've been there dropping a few Ks on BTC at 5k only to watch it sink to 3K it...

GreatScottTheMoon

Volatility heading higher with RSI on the floor. Looks like a short-term bounce, then after the next FED meeting and hike further downside. Gonna wait for the next FED "data dependent" turnaround later this year. Till then hold tight. See you on the moon.

GreatScottTheMoon

Looks like we're getting close to another reset for ETH for 2022. Ultimate high 12k? All the best, ride the wave, See ya on the moon.

GreatScottTheMoon

This multi-year bull flag could be the beginning of a new alt season over the next 6-12 months. Gonna be a fun ride for altcoins if it can hold. Stay safe out there.