MonetaryRebel

MonetaryRebel Updated 

The past 60 days of upward movement is a corrective movement. This means the larger trend is still down. The upward price channel appears to have just broken. All the price action of the last 2 months has been chaotic and messy, and those are the hallmark traits of a correction. These behaviors are driven by people all switching seats and changing their minds and...

MonetaryRebel Updated 

Take your seats and Prepare for the 4th Turning. De-dollarization is occurring before our eyes. The game of musical chairs is coming to an end. We will be lucky to get away with a debt crisis. The more likely outcome is a currency crisis. Your currency is not money, it is fiat. It is important you understand the difference. The thing we call money is fiat credit...

MonetaryRebel

June 1st, 2023 is the 1:1 time extension from wave A. That means that around that date, we may be at a very good price to buy. It doesn't need to do a full extension, but harmonics usually like these things to line up in some relative fashion. This is why we use the fibonacci sequence. I've noted some relative buy zones in the green boxes. Laddering buys is...

MonetaryRebel

Bullish Volatility! 55 EMA has now crossed above the 120. Looking back, this has not occurred since March 4, 2020. The time before that was October 15, 2018!! This is a historically valid pattern. I've been watching this thing for years and now is the time to stack volatility. The Russians are disconnecting from the internet, inflation is only going to get far...

MonetaryRebel Updated 

Pretty good impulsive structure down. Wave 1 is extended and the retracement made it back up to wave 2 of that which is great. Waves 3 and 5 are about the same size ultimately. You can see where we have already pulled back into the (A) territory it means this upward move is most likely a correction upward and that the larger trend is still down. A break below...

MonetaryRebel Updated 

Price has flipped many times in the past at this price. Price is extended to the upside. Momentum has been diverging for the last 8 months. OPEC+ has reaffirmed their stance to increase production. Saudi Arabia and other countries production hasn't even been turned back on yet so they can increase it even more if need be. Global demand and consumer demand is...

MonetaryRebel

Good spot to take profits and secure some winnings if you bought the dip. Nice, textbook extension to the 1.618 hitting the bottom end of the broken support line. Textbook. Breaking beneath 42k and holding under there confirms a bear trend again, but until then I'd say the bulls still technically have the upper hand. Note: this move up has been fast and may...

MonetaryRebel

The Dollar shows clear correlation between the different presidents and their white house policies. Interesting. Funny that it seems Democrats experience a rising dollar while Republicans have the dollar go down. I wonder if there is a lagging effect though cause we know inflation takes a year or two to really appear. I think it is safe to assume the Biden is...

MonetaryRebel

I spent a lot of time trying to frame this for everyone so I hope you all gain some more perspective from this. How low will we go? I'm pretty sure the game of musical chairs is over... Hope you're not planning on the housing market going up forever either... I don't know how this is gonna play out but I'd suggest diversifying your assets. It is most likely that...

MonetaryRebel Updated 

Ummm Guys.... Guys!! No seriously! Guys!! Alright I'm out. GoodBye. Clearly the (tech bubble + housing bubble) formed a flat pattern and we just went up and retested the lower boundary......ummm....... Bye Bye. Everything is lining up to where it makes unbelievable sense that the market will crash soon. PREPARE FOR THE 3RD DEGREE DEVIATION TO THE...

MonetaryRebel

Drop it like it's hot! The Fed is remaining hawkish. Dollar started rocketing up as they spoke. Dollar Up Everything else mostly down coming to a theatre near you!!...

MonetaryRebel

Today is FED Day. Get ready. Jerome Powell has NOT been confirmed yet by the legislative branch and they know they must be hawkish on inflation. There is no hiding anymore. It's right there in the meat department. They aren't even displaying price signs on our meat section anymore cause all the prices are up +50%. Bitcoin is NOT an inflation hedge. It has gone up...

MonetaryRebel

These guys have 122,500 Bitcoin (BTC) and have a total average purchase price of 30k with an average buy in of $3.66 Billion. Watch out if Bitcoin breaks below 30k.... who knows when the banks are gonna start calling and asking for their billions back... at the time of this article in December 2021, Microstrategy's BTC was valued at $6.13 Billion which is now as...

MonetaryRebel

Contrarian signals everywhere. Russia is risking being cut off from the financial system. This could essentially wipe out the bid for oil as then no one in their markets could access those bids. A large % of the oil market will go offline so I would think we could expect at least -30% decline.

MonetaryRebel

Oil is topping. Contrarian signals are going off everywhere. Take profits while you still can if you're long energy. The recession is here.

MonetaryRebel

Brent Crude Oil has completed a 5 wave impulse to the upside and has put in 3 divergent RSI highs on the momentum indicator signaling a lack of buying momentum to support the recent price moves. Everyone on the news is bullish crude and worried about Russia but this looks like it's all going to blow over and oil is going to take a dive for some reason.

MonetaryRebel

None of these indicators look good. We keep breaking supports. People are still complacent and not believing Bitcoin could crash which ultimately means the price is going further down still.... The Fed hasn't even stopped buying bonds yet...let that sink in. They are going to sell bonds, let alone halting their current purchases. Just that is deflating bitcoin....

MonetaryRebel

Looks like we just finished the 9 year uptrend with a 5 wave move and even can see a classic throwover associated with rising wedges. Very nice. I just saw an advertisement for this company funny enough and this looks really overextended. Yes there will be a higher future demand for Lithium but the stock has gotten ahead of itself. This will pullback hard almost...