There are multiple technical theories about why FT will break out. OBV is climbing, and I have postulated and proven that OBV is a leading indicator. Every other indicator is rear-ward looking. Looking out the back mirror. That includes moving averages. The price is spending too much time above the .786 “macro bear fib”, and this cannot stand. A breakout is...
For those that love volatility like moths love flames, I present to you Fortune Minerals. If you know a more volatile stock, please let me know. I own well over 5M shares, and I’m basically flat in price, and long term. This party is just starting. I’ve been in and out of FT for 15 years. We’re about to witness the first real bullish pump, which prints a...
Total has broken out of short-term descending overhead, after almost making a perfect retrace on a prior peak. A key retrace. It just needs to break up from here, and it’s all good. BTC.D is consolidating under 64%, so keep watching that. I’m calling for 95% test.
We have what looks like a breakout from short-term overhead on both the price, and the on balance volume. Look back in the charts, and you can see both price and OBV retrace prior resistance, so breaking up from that retrace is great signal. Now, strategy needs to climb back above $333, and then all-time highs are up next.
Schwab reports that the on balance volume (OBV) is going up in Fortune Minerals. You’ll never find a nicer tidbit from Schwab, because they prefer to not report on “penny stocks”, even though what is now a penny will soon be a dollar.
Everyone already knows this. My USD target for the upcoming Ripple pump is $30, sell $28. And you do need to sell it, because it’s going to come way down afterward, and you need to buy-da-dip. How do you plan to buy da dip if you don’t sell the peak?
Bitcoin is breaking through the short-term overhead resistance, as it found footing on the .786 fib channel. What in fact happened, is “Total” landed perfectly on the .786. BTC.D is consolidating under 64%, and guess where it’s looking? It’s looking at 95. There is a “gap” in the bitcoin dominance to 95%. A gap is a technical term used in technical analysis. ...
Hi, I wouldn’t want to be in Sol right now. It’s draining in sats. Janover wants to buy up Solano as a reserve asset, and become the “Strategy” of Sol. I think this is a major error in judgement, and the failure of such a ploy, a coin at #7 in the total marketcap, to put such a shitcoin up against BTC as a reserve asset is laughable. As you can see, SOL has...
Can we be looking at a key retrace in the total crypto marketcap? Methinks yes. Confirmed if it pumps higher from here. Keep an eye on BTC.D, as I’m calling for 95% test.
For some strange reason, some crypto retards think that the Iraqi Dinar will get repriced against the US Dollar, due to some gold- backing of the Dinar. I think what the tards are missing is that most fiat has some gold backing. Gold backing makes no difference to your Iraqi Dinar, and if it did, it would already be priced in. It’s hard to convince someone...
The SPX touched a long-standing overhead, and came down ever-so-slightly to retrace the most recent peak. This is all totally normal. There is nothing here to worry about. In fact, the more touches of this overhead, the more likely it is that we break above it. You can see this has happened many times before in the S&P, where it breaks above an overhead, only...
It looks to me that Bitcoin has found support on the .786 bull fib channel. Great news, because there are technical targets lower than here, but BTC decides when to leave gaps, and hence wallflowers. You have to play to win. You can’t win if you don’t play. Say BTC breaks through descending overhead, then what? Then, it breaks back above the “1-level fib”,...
Everyone get so mad when I said that I expect BTC to go for 95% dom. Oh, the hate and the vitriol. It was so bad, that tradingview moderators deleted comments, because they were so salty. Guess what guys, I was right. I am right, and you’re about to find out. I don’t understand why it’s so hard for people to understand. It’s just basic candles and chart...
Cobalt futures are ripping higher on DRC export halts. It makes sense, because such a high% of Cobalt is coming out of DRC, and that % has been increasing over the years, as oversupply crushes competing sources. There hasn’t been any incentive to open a new mine, until the spot price exceeds the cost to mine (all inclusive cost to mine). But, when you see the...
So they want you to sell your Strategy, because some idiot thinks he knows better than Saylor, when it was Saylor who fought for the accounting principals that allow corporations to own BTC on their books, and now almost 100 other corporations are playing catch-up. When BtC miners are buying BTC on the open market, all this does is confirm that Saylor is correct,...
Talking heads like Tom Carreras put out knowingly false statements against MSTR. That’s called “scienter” and it’s a crime what he just did. Tom said that MSTU ETF may have to “sell MSTR” if times get tough. That is a false statement. Nowhere in the MSTU prospective does it say that MSTU has to buy or sell the underlying. I think they explicitly say that they...