MikeMM

MikeMM

Looks like CAD is on the path to REKT. I will be looking to buy some loonies soon, though.

MikeMM Updated 

Today I have been reading retail comments on reddit on how to long oil with leverage....

MikeMM Updated 

We will have a bullish engulfing monthly candle if bitcoin simply holds this price for 2 more days. This candle has engulfed 6 of the highest volume candles ever traded on bitcoin.... Will update in 2 days. Trend change?

MikeMM

The amount of cash mucking around tells a story. One of which looks good for bulls. let the money come home Let the bull run begin.

MikeMM

This thing looks like its going to tear right now. Upward sloping channel of pure accumulation. Holy megauptrend

MikeMM

Looks like a pretty clear double bottom to me. I dont know the exact path or exactly how long it will take, but I expect coinbase to out preform ETH. I also believe ETH will out preform BTC. So were talking gains that should be quite BIGLY. Weekly bullish DIV on RSI stands out like a sore thumb. Resistances are highlighted.

MikeMM

Ethereum has provided great utility to the Crypto ecosystem. I am not here to school you on it, everyone can do their own research. That being said, I believe that we are in the midst of a re-accumulation. The prior market cycle was cut short abruptly by Bitcoin's double top and Macro conditions. Without that anomaly, Ethereum was likely to test its all time...

MikeMM Updated 

If I were a betting man, I would bet on this. If I were a trader, I would set a stop loss below the bottom line.

MikeMM Updated 

Bullish Cypher on Ethereum. Keeping it simple without other indicators, which also show we have bottomed.... Market showed reaction, then gave us a entry price today.

MikeMM Updated 

But I believe that there is copious amounts of people on the sidelines, and I think max pain is straight up. Completely erase the bear market with very minimal pull backs along the way. If there is no recession, or very shalllllllow one, then there was actually no reason for the price to have ever come down, and we would simply continue the bull run which should...

MikeMM

This is a completely speculative rough idea of how I believe this cycle to play out. Likely to be wrong somehow in the long run, but would be cool if it ends up spot on :)

MikeMM

I would like to buy tesla at some point but Patience may be the best bet right now. If we break down this will have all been a bear flag, and the next leg down will put us into an accumulation range. (if were not about to V shape up from here)

MikeMM

Cause heres thinkin they have. Why bond say peaked? WHY HWY HWYWYHWYWHWYW WHYYYYYYYY

MikeMM

It would appear to me that DXY wants to continue going down, since it kinda went too high... you know?

MikeMM

I cannot help but get FOMO. I dont know much about genomics but some very smart people make some very bold statements on where this is all heading. Anyone that knows anything want to chime in here? why will this not moon right now?

MikeMM

We can flip the coin right now, bull or bear. 50/50 if it lands on bear we go to 10k, if it lands on bull we go to 200k. I would take this bet as many times as it is offered to me, even if i kept losing, the outcome given unlimited flips of the coin would favor me. If you think you have more than a 50% chance guessing the next direction of bitcoin you are...

MikeMM

Oh wait I have. It is a double top low volume and bearish divergence. Coinbase will outperform bitcoin for the foreseeable future.

MikeMM Updated 

Looking for reversal in inflation, for now. May have another peak later but we should get temp relief. Once again, everyone and their mom talking about it...