UnknownUnicorn373805

UnknownUnicorn373805

In order to share an idea on tradingview you must provide some text as well. Even tho i am doing strictly technical analysis. Anyway the idea is that WTI will jump around open, and to put a narrative on it, i guess we can argue that cheap russian oil is drying up but also the USA has drained almost their entire oil reserves for some reason and are going to start...

UnknownUnicorn373805

So the consumers are getting absolutely rekt with inflation and high rates since they all have debt it seems. So how much more money is there for this crypto rally to continue this year? When will the consumers, hodlers, companies start having to tap into their crypto for real to make ends meet? Could the gig be up now? If nothing changes i would think so. But lets see.

UnknownUnicorn373805

During COVID lockdowns oil corrected about 78%. This was with lockdown and instant and significant decrease in demand. However the price came back strong soon after. Now the price of oil has corrected about 44% without something like a lockdown, which is a big correction. So i am obdering wether it will begin to bottom soon and we will see a rally like we saw...

UnknownUnicorn373805 Updated 

This chart depicts the dominance of Bitcoin and Ethereum. Dominance means their market cap relative to the entire crypto market cap. This chart tracks the gains and losses in % since the startof the year. As you can see Bitcoin started out great, but then ran into some trouble and ETH took over. Now they are consolidating and at the time of writing it looks like...

UnknownUnicorn373805

Bitcoin didnt achive mainstream adoption and will just become less and less relevant as time goes on. Ethereum will take its place as the alternative financial system and potential money of the future. It has the bigger network effect and that is what is most important. It doesent matter that bitcoin is more decentralized, if it even is, if more people use ETH,...

UnknownUnicorn373805 Updated 

When the next hardfork is complete Ethereum will have full PoS capability where people can stake and unstake as they want (there will be a queue) which will make it much more complete. This will give it a big boost in credibility i think and people will like to hold it! Its layer 2 ecosystem is also popping off it is the fastest growing in the space with Arbitrum...

UnknownUnicorn373805 Updated 

The 1% already made trillions from the money printer over the last 20 or so years. It wont help them much if they turn it on again. So this time we are going to get an actual recession, they are going to let lots of stuff go bankrupt and unemployment shoot up (but they will probably fudge the numbers and make it seem as if there is much more employment than there...

UnknownUnicorn373805

One of the major selling points of a Tesla was that it was new and exciting. But now you cant go anywhere without seeing them. They are every where now. All else being equal its possible that $TSLA has peaked. Other car companies have not had great performing stocks. TSLA is the outlier, and it will probably even out, it will probably follow the trend in other...

UnknownUnicorn373805

Im not an expert and the following is just my opinion :) But what if the fiat bullshit of the last 50 years was just a prank? What if they did it just for so long as they could get away with it? And now will try to adapt now the cat is out of the bag of how bad fiat is? Well if they wanted to return to a gold standard how would they do that? I think they would...

UnknownUnicorn373805 Updated 

The market has been "configured" to be bullish due to the extremely loose financial policies over the last couple decades. But the fed is changing its tune and the market will take time to adjust to this new reality. This is why i believe gold will go back to $300 per oz because that was the price before the financial policies started loosening up. There is...

UnknownUnicorn373805 Updated 

This is an updated version of the previous chart based on halvings again. Maybe the hype is wearing down for this cycle and the next 18 months will be a cool off period. And then about 6 months before next halving the hype starts up again. This would be near the beginning of 2020.

UnknownUnicorn373805 Updated 

Buyers rushing back in because of the wick yesterday, and closing above the trendline suggesting upward momentum intact. But watch out. Could drop sharply for the rest of the week as momentum shifts negative and the buyers rush to sell in order to cover their mistake. But lets see.

UnknownUnicorn373805

A very simple chart. Ascending wedges are one of the most reliable patterns. So it seems like BTC has probably topped for now. But lets see.

UnknownUnicorn373805

looks like this is the bottom for ETHBTC it may consolidate a bit more before moving up, historically ETHBTC has retraced 75% or more of all dips. So lets see!

UnknownUnicorn373805

The war in Ukraine is ramping up and NATO will declare war sooner or later. Bearish. Recession will also get worse. There will just be little to no money coming to Crypto imo. NATO countries will also start implementing capital controls "its an emergency, its because of the war" and defacto ban Bitcoin. Its just not a place you want to be in 2023 it seems. But...

UnknownUnicorn373805 Updated 

not a serious chart, or is it 🤔 just based on my own observations throughout the years. it probably wont play out excactly like this it may have a big wick above the purple rektangle esentially making it the rekt zone. but might come back down swiftly after.

UnknownUnicorn373805 Updated 

I have no idea what im talking about other than i notice open interest on certain futures contract shrink sharply on the two first dips. The idea is that the quick dips create panic and thus liquidty for a whale to exit his short position in. And the slow dip makes people uneasy and builds up shorts, and allows for to accumulate long position for whales. So its a...

UnknownUnicorn373805

Bitcoin is 14 years old, i put a horizontal line after Amazon was 14 years old. (Amazon likely started earlier than they were trading on stock exchange but keeping it simple for the sake of argument). The "you are here" is where Amazon was after 14 years, and Bitcoin is currently 14 years old at the time of writing.