MrRenev

MrRenev Updated 

Slowing down around support level once again, expecting a reversal and a gain of 1%. Also, in a consolidation higher TF since the "yen" event early january, will bounce back and forth till it finally breaks. Not yet I reckon.

MrRenev

Hello my dear bobros, I think this is it, we are dumping. The potential of good news about a trade deal & obviously also FED good news are already priced in. I do not expect stocks to rally much higher, even with good news. I think we got as high as we were going to go. Worries about growth and the FED magically disappeared, every one forgot about that HAHA, but...

MrRenev Updated 

Hello, we are hitting all kinds of resistances, as shown by the 3 blue lines. Also, the momentum slowed down. I noted the RSI divergence but oscillators are really useless in my opinion. It is just to "visualise" better here. The price went up during shutdown, it has been a while, for some reason the stock market went up during that time. If there is a...

MrRenev Updated 

nypost.com I posted a bit about Tesla in previous BTC ideas as an example, the company CEO seemed a bit extravagant, but now he went full insane! He is saying his company will probably fail because of short seller pressure. He just cannot handle it. The people working for him are working under bad conditions but they believe in the bubble and think they will...

MrRenev Updated 

Going back to my previous previous idea (I keep switching). So the very first one. The whole world is collapsing! There are two possibilities. The price will bounce eventually. Either: * Price bounces then bull market resumes till 30.000 points Dow (and S&P 5000 3800-3900 points), * Price bounces and then we enter in complacency. So it should be ok to go long...

MrRenev Updated 

I already posted about this but it is important. Waited too long to miss it. Better post too much than not enough. All this posting helps me not forget about it. I do not even care about the noise anymore. All eyes on the important level. And that is $1300-$1900. I do not know who is watching this (whales in particular), maybe some greedy billionaire will buy...

MrRenev Updated 

Hyperwaves are a subset of bubbles, there are MASSIVE bubbles. When I saw this was made public I whined inside because it means then it stops working, but the wall street market cycle thing has been available for a while, and it still works PERFECTLY. PERFECTLY. It is as if the more information is made available, the more people fall for the same mistakes again...

MrRenev Updated 

I am ready for a breakout in any direction. The poor fools got baited. Arthur running the liquidation bot again. The gold parallel is still going on, no reason for it to stop. As long as it works, going to expect Bitcoin to keep doing the same as gold but more bearish. Actually, even during the bull market gold bull market was more bullish Just going long...

MrRenev Updated 

Hello, If I learned something in 2018 it is about market cycles. 2017 was the year I learn to draw trendlines and follow performing assets early on, and 2018 the year I learned about market cycles (and start doing the opposite of what I did in 2017 - enter opposite to trends). Maybe by 2020 I will have learned how to do both. So to be clear, this is not an idea...

MrRenev Updated 

Alot of people that sheeply followed all the motivators, Warren Buffet included tbh, are going to be pretty disapointed. So how far can the S&P 500 go? IF the GDP rise stops slowing down, and all the issues people have ignored (burying their heads in the sand) such as pollution, old people costing more and more, obese people, people getting dumber (it's a real...

MrRenev Updated 

Posting here where I think cryptocurrencies will bottom (temporarly). Ripple is already posted, the bottom for me is 0.065$. Trading view does not let me post log chart, sryyy. Spent a year analysing crypto and now I can post bottoms with a solid degree of certitude. And both you and I know I have strong odds of being right, my targets for Lisk all got reached and...

MrRenev

2018 is over. 2019 started. Let's have a memory for the fallen ones. Here is a list of mostly professionals that made wild claims that would make a drunken gambler blush. No idea how they ended up in finance. These dumb calls, do not expect them to stop, even thought I think they will slow down. If the bottom is when they stop doing this, then boy oh boy the...

MrRenev Updated 

"Insanity is when you repeat the same operation over and over and expect a different result" - Albert Einstein. Bitcoin has always had a cycle of bubbles, therefore this will continue forever. Bitcoin will reach 50 thousand dollars by the end of 2018, but hurry up, only 2 days left ;) These pink lines I have drawn? Ye ignore that, we will talk about those in a...

MrRenev Updated 

Hello fellow warriors (warriors only for this bet). What a pump! Those that know no fear might want to try this. I believe we are arriving at the end of wave 5: Gold might have exploded up, but this does not matter to me. Wave 5 is the extended one, typical when 1 and 3 are of similar sizes, it is typical for 5 to go to 1.618 and we are approaching this area...

MrRenev Updated 

Posting my favorite chart again :p The January effect is a seasonal increase in stock prices during the month of January. Analysts generally attribute this rally to an increase in buying, which follows the drop in price that typically happens in December when investors, engaging in tax-loss harvesting to offset realized capital gains, prompt a sell-off. Another...

MrRenev Updated 

Call this idea trash if you do not understand it idc, but it is happening. But the thing is: - People are getting more and more stupid, as proven by research. Plus just look at all the crypto investors, feminists, flat earthers etc, people whining about random crap that makes no sense. - Technologies are advancing (for now...? sometimes I wonder if we will make a...

MrRenev

Oh my. That's it. Copper has been turned into gold. The philosophical stone has been found. It looks like gold smells like gold and has the same properties of gold industry wise. Everything computer and phones manufacturers need in gold is present in the new creation. And I have heard copper was not as expensive as shiny pet rocks. Also, electricity is required...

MrRenev

Santa Claus granted us a wonderful present. Evil mean short sellers got burned. Personally not going to do anything as nothinjg is certain. Just probably go short if it goes up where I want it, or goes down again after a temporary bottom is found giving a clearer picture. Just going to repost my 2 scenarios for the next year: Scenario 1 Scenario 2 The...