MrRenev

MrRenev Updated 

Ok maybe no daily, there is not enough happening to post about crypto every day, but I can call this how I damn want! We are running into 20WMA, volume is declining, complacency looks like it is soon over :) Crypto is pointless to trade short term now, might as well short it as long as it stays below 12.000 maybe (really doubt it goes that high) We can try to...

MrRenev Updated 

I am trying to fight the short term trend (or dump) and join the longer term one. I see several reasons we bounce here, and I do not see why not. There are no signs the uptrend might be over (such as the obvious one being bearish RSI divergence at the top). Many reasons we would go up, maybe it would retrace more, but right now we still have not bounced and we...

MrRenev Updated 

Why is there no way to bet on this disgusting ponzi going down? I want the easiest bet in my life. All we have are shorts on scam exchanges and hope they do not rob our money or file for bankruptcy (and run away with our money). They just manipulate prices to liquidate shorts if anyone short this scam anyway. And we won't be able to close when it is down. There...

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MrRenev Updated 

People are very slow very dumb and think they are very smart. This is why this happens...

MrRenev Updated 

AAAAAAH PONZI IS TRYING TO GET ME! Leave me alone I will not fall for it! Everything is a ponzi they are trying to get us! Did you know ponzi's existed before Ponzi and were invented by a woman (unless they existed even before)? Women are a scam! They do not really exist they are out to get us! Women are a ponzi! They promise new humans every few years in...

MrRenev

If no giant sea monster invades the land, their stock market has a shot at going back to ath. Right now we are fighting this very important - actually much more important than ath - resistance, but we can see there is bearish divergence on the monthly chart. And there are many reasons as to why we do not go up. A correction is necessary and I think will happen in...

MrRenev Updated 

Hi :) I love doing those. Crypto is different, "true believers" are right, so we must adapt the wall street cheat sheet to it. Here is how it looks like adapted to crypto. Keep a good eye on this trendline, that dates back to MtGox: It will be at 6000-7000$ by the end of the year, so sooner or later we will have to test it. Bitcoin cannot stay stuck in...

MrRenev Updated 

Imagine you tell people anyone can become a billionaire, imagine you tell people to mindlessly "just buy the index" "It keeps going up!". Imagine you have guys like Tony Robbins ("motivator", exactly what people love) and Warren Buffet telling people to start buying the index in their 20's and keep buying their whole life. "You can do it" "Believe in yourself"....

MrRenev Updated 

For curiosity/educational purpose, I encourage you to keep an eye on this line. Is it going to react? I hope I see this idea and remember to go check next week :)

MrRenev Updated 

Back with an educational post to spread the hate! Grrr how I hate crypto I am so angry that I got into trading and soon do not have to work anymore. I have to bring balance back to the force. Crypto sentiment has to get back to reasonable levels. All this ridiculous fanatical love for crypto has to end, and it will end. Everyone, but in particular anyone that...

MrRenev Updated 

Pray for me huge position short on GBPUSD. USD index restesting resistance as support that fibo too. In a few hours I will either be euphoric, or pack my bags to join some terrorist group. AAAAAAAAAAAAH

MrRenev Updated 

Ooooh right, the linear chart looks much, much better right? "You use a log chart so it looks like crypto is not at bottom and still has a lot of downside left". Noooo, I use the log chart to avoid giving heart attacks to crypto investors from 2017. ;) We are going to hear less and less of "I do not care about how much in fiat I have, I care about increasing how...

MrRenev Updated 

Ever had POSITIVE slippage? Happens to me all the time :) Fight the short term trend as the 4HR RSI is hitting 70, and go with the longer term trend which is likely to continue. I think there are enough reasons to think we go down. Smaller TF are also looking like it's time to drop. SL is close so I go big here. AUDUSD always made me happy, hope it continues :D

MrRenev Updated 

All I care about is it being volatile, I just don't want it to get back to a horizontal channel... Please no. The logical thing to expect is yes we retest support as we broke out very strongly, but the test is "positive" and what is next is US currency keeps getting stronger. All eyes on this chart, it will dictate where all other markets go.

MrRenev Updated 

From seeing many of the comments on ideas (ideas that are less negative than previous ones) as well as forums and chats, bulls used to laugh at bears and now? They are getting angry and insulting them, AND EVEN THREATENING THEM. What is wrong? Feeling a little nervous? :) Just go look at comments to any bear idea and you will see what I am talking about. It is...

MrRenev Updated 

Hello, here is how I see it: The euro is at a resistance that has been tested many, many times in the past: But I think it has a good chance of going up to test the next one (before downtrend continuation): Whereas I think this could very well be the top for AUDUSD, I will take profit anyway to make sure I win, but still hold for a while. So in both...

MrRenev Updated 

So now what's happening is everything is the exact opposite as this summer. It was boring to the limit, and now there are so many things going on I do not even know what to do... Won't be able to trade everything... My brain is like mashed potatoes after checking it all. agagagaga. *** Majors *** EURUSD AUDUSD GBPUSD Predicted direction:...

MrRenev Updated 

We know people are using the ETH blockchain, mainly to gamble (I am not sure gambling on the blockchain is fully legal and regulations are a coming). Imagine if 2 million people play little games & gamble and all plan on having 200$ accounts, ETH market cap should logically be around 400 million (at least), that gives a price of 4$ by ETH token which sounds more...