Shammus01
EssentialThere is no such thing as diminishing log returns. The most basic technical analysis, based on chart shapes disproves it. Only an idiot would attempt to apply it to the most deflationary asset the world has ever seen. Other kinds of curves do exist. There is the bell curve, for instance, where many people find themselves on the wrong side of it. There are...
I bought the Monday after the first full week MSTU came on the market. I knew about it ahead of time, and I was tracking it. I bought pre-split. Now, the OBV is looking up again, and we could be in for round 2.
If you concatenate VVRP/XRP, you can see that Ripple has been outperforming VVRP. But, we have a bunch of touches of the descending overhead, and I bet that VVPR breaks out from the overhead and starts outperforming XRP.
Hey, My chart getting a little more developed. By using the Volume Profile and OBV, I've identified my "Volume Box". It tells me a lot about the history of the chart, and when the action happened. This chart has approached the bottom of the bullish fibonacci channel, and what happened? Stacked candles on longer timeframes, and a ramp up in the On Balance...
Hi, I'm just drawing this out, and here's my initial bull fib channel, and a pivot. OBV has pumped the price up into the pivot, and that's a signal from the noise. Look at the XRPUSD and the XRPBTC charts. You can see my charts here in T.View. Why not just buy it in TradeOgre? I may do that as well, or I may just rock the stock. Take care!
The price is slipping away from the bears, but I don't think anyone was harmed, because there's no short interest. Even the bears are bullish. They may have wanted to buy, or convert, more shares at a lower price, but they're not upset to see higher prices. Nobody is upset to see higher prices, and so the price goes up as sell pressure eases into a vigorous...
And here she is in log. With OBV rising, the $.25USD pivot is in the headlights, but that's just the first step. We have a higher swing high on the dailies, but that does not make FT bullish. You need a higher-swing-high on the weeklies or a longer timeframe. So, the pump to $.25 is the pump before the pump. It's kind of like the dip behind the dip, but...
Hi, Here's the long short ratio in a Fibonacci channel. Seems to me the ratio has consolidated near the highs for quite some time, and recent volatility could set up BTC for a pump into fresh high longs. I'm calling for 95% "gap-close" attempt in the BTC.D, and simultaneously a $1M BTC as a "revert to mean" on the Stock-to-flow" curve. # of coins on the...
I'm showing you a strong overhead that has been tested many times, and is now breaking out. It's kind of an IQ test, and the bears are failing it. There is little to no incentive to sell here, when we're about to "snap-to" $.25. Why would anybody sell here? And that's why the price has seen thirteen up days in a row if you don't count one negative .64% day....
Hi ladies. Is it "diminishing log returns" or ascending triangle? We're going to find out soon. I think there are too many data pieces coming in that point to BTC $1M. Miners like RIOT and MARA are touting reaching their "BTC Reserve" targets. What it means is Bitcoin is no longer for sale. The only theoretical limit to BTC price is amount of fiat in...
Cameco is on a rip. UEC/CCJ ascending triangle is breaking down, which is a surprise to me. It means Cameco is even more bullish that UEC, but UEC/UX ascending triangle is still going late into the triangle, and yet to break out. Great news for Cameco, but UEC will get it's dead-cat bounce vis-a-vis UEC/CCJ, and then get back into CCJ for the long haul. Boss...
I typically poo-poo on companies that want to "strategically hold" some shitcoin. They tried it with Sol, and that will fail miserably as SOL/BTC drops 70% onto support. But in the case of XRP and VivoPower, they may be onto something, but it's going to be extremely volatile, because the Ripple price is going to be extremely volatile. From here to $30 USD...
This image shows Bitcoin "all-time" bullish Fibonacci Channel, and it shows a theoretical pump up to $1M USD, based on the "stock-to-flow" model. BTC is way under the stock to flow curve. You can check it yourself. Do some research. "Diminishing-Log-Return" proponents have already been proven foolish. The "shrimp" model was always based on nothing, but...
Hi guys, I want to show the technical landscape that FT price finds itself in. I talk a lot about this fib and that fib, but I hope this clarifies things. As I've said before, above the .236 bull fib, it's bullish. That is the major threshold where new market participants come into the picture, and real volume enters. Down below the .236 bull fib is...
I would post this with no statement needed, but Tradingview doesn't allow it. I think it's a beautiful chart setup with nice clear targets. There is a "tech target", which is the full amplitude of the chart, and then there is a target which takes game theory into account and pulls back 33% from the tech target. That's how I do it.