UnknownUnicorn373805

UnknownUnicorn373805 Updated 

This is a simple oil chart that shows that even the huge price spike this week, is merely just consolidation. If it breaks higher, then we see $165 ish. But lets see.

UnknownUnicorn373805

ETHBTC is in a multi year bull market that started in 2019. After the consensus mechanism has been changed, and no issues have come up, then it will go up alot i think. But lets see

UnknownUnicorn373805

Investors who seek risk might like RSX at these levels.

UnknownUnicorn373805

This is a simple chart. It shows the bullmarket in ETHBTC which has been going on since 2019. It looks like the price is about to take another leg up soon. Might coincide with the Ethereum upgrade to proof of stake which gives free ETH to anyone who buys and stakes it.

UnknownUnicorn373805

The pattern looks relatively similar on these 3 instruments but oil already broke down. Lets see what happens next. Have a nice day

UnknownUnicorn373805

Hello this is just a quick idea and its not trade advice. So basically the first big dip of 2021 was a picture perfect wyckoff distribution which was laid out beautifully here (before it happened even!) youtu.be However, what if that was a small taste of the bigger picture? It sounds far out tho

UnknownUnicorn373805 Updated 

We are almost half way through 2021 and its about time to start thinking about where price might be near the end of the year for tax purposes etc. There is also 5 months of data now if you only wanna look at this year which should be sufficient for somewhat reliable target. So i am currently seeing $35k based on latest regression channel. It may swing wildly above...

UnknownUnicorn373805

I want to just share this idea without too much commentary because i am mostly interested in how the price plays out with these curves/parabolas over the next few days.

UnknownUnicorn373805 Updated 

Hello everyone :) In my opinion the price action in the blue oval is consolidation and it broke out of that this week and quickly found the next battleground so to speak. I suspect it will be a short battle due to how big the consolidation was in the blue oval. Combining this with a new weekly candle its a high probability for me that ETHBTC will move up further soon.

UnknownUnicorn373805

It seems there is somewhat consensus that ETH will hit $5k. But it will test ~$3,900 one more time first? If it doesent then things will start to move fast again. Time to pay attention i guess :)

UnknownUnicorn373805

Just a quick chart showing when the decoupling happened. What to look forward to next is when BTC.d and ETH.d flips, and then ultimately Ethereum and BTC market cap will flip. But lets see

UnknownUnicorn373805

ETH is cutting edge blockchain and it has significant mainstream appeal. BTC is not going to be the number 1 blockchain going forward. Does it matter?

UnknownUnicorn373805 Updated 

I am saving this idea for future reference. Basically i want to short perpetuals with high leverage to collect the funding and then go long on futures with equally large position to protect from liquidation. Will it work? Saving for future reference

UnknownUnicorn373805

Are bitcoiners getting wyckoffed just a few months after the last time? That would be hilarious and sad tbh

UnknownUnicorn373805

Looking at RSI on the 3day chart it has a slightly similar pattern today as it did in 2014 after the big rally.

UnknownUnicorn373805

When the flippening happens things will start to move really fast and ETH wont be cheap for long. The flippening will happen around the orange trendline.

UnknownUnicorn373805

BTC broke out early of a triangle and now its all frothy so i doubt its bullish. But lets see.

UnknownUnicorn373805

BTCUSD short term. A series of fakeouts and rejections. But lets see.