WeAreSat0shi

WeAreSat0shi

When I look a the Pirate chain chart I see a few things that resemble the Bitcoin early days. The initial growth into the impulsive first wave. Then we have the bull flag downtrend with a break out. Now we are waiting to see if it will keep mimicking the Bitcoin movement for the next year or two. With digital privacy being pressed more and more the need for this...

WeAreSat0shi

This chart excludes BTC and ETH, it is just the altcoin market cap. They are sitting on a relatively strong support but a drop below will be devastating as there is not much support until approx 100 billion. If they hold her and make move higher to 505 to 510 billion Then I think a big move can follow to into the 2 plus trillion mark but at this point its far...

WeAreSat0shi

Just like everything else, the dollar is suffering diminishing returns. Coupled with diminishing returns the dollar is also getting weaker. Here we have a chart on the monthly and we can clearly see its in a downtrend, losing power and favor over time. The only question that remains is, where are all these printed dollars going? Comparing it to bitcoin, the...

WeAreSat0shi

Lets see what happens to the dollar in the next few months as it might have topped here as it looks to be at the top off its down trend. with a lot of recent global events I don't think the dollar will be able to keep favor amongst global participants. PS: I have adjust the down trend line from the previous chart but it does fit with touches.

WeAreSat0shi

NRG follows through with massive move! lets see if it holds on the retest and then moves higher. This has taken a long time but I think this move has legs judging by the volume it looks like for higher moves are coming. Patience is key!

WeAreSat0shi

This is a chart of altcoins excluding BTC and ETH. Holding the support @ approximately 470 Billion is key to this move. As we see right now we have dipped below but we need a close to be confirmed. Let's keep an eye on this as a cheat sheet to the near future. Not financial advice.

WeAreSat0shi

If you are selling now you are making a serious mistake. Bitcoin is in accumulation and in a golden buy zone. Buying now results in the best yield opportunities for bitcoin historically speaking. If you have sold here, you are doing it wrong. Long term buys are here now and for the next few weeks most likely.

WeAreSat0shi

Strong bounce with heavy volume for weeks now. Look for an NRG breakout against BTC soon. The RSI has had a double bottom and this time the follow through makes a new high. It seems we might have found a hard floor. Not investment advice.

WeAreSat0shi

2 big things. The bull flag break out with target to $54. Also the Gaussian channel on the 3 day chart has recently turned green. Do not take this as financial advice as it's not. It's my opinion based on what I see. Also that RSI looks like it did bottom and seems to be in an uptrend. Best regards.

WeAreSat0shi

Bitcoin and the 2 scenarios I keep playing in my mind. I honestly don't know which one or if either play out but I'm ok with it. Fun too look and keep track for long term. I see resemblances and patterns from the past but it doesn't mean they will play out as the market has grown and with growth you should expect change. Let me know in the comments how you...

WeAreSat0shi

I'm not going to say much here, I'm simply following the cycle for Digibyte. We are 4-5 bars short of a major breakout if the cycle is to repeat . One bar on this chart is equivalent to one week. In my opinion it's been following it to almost perfection. I'm not saying this is a guarantee, it's simply an observation. Enjoy and have fun investing.

WeAreSat0shi

I made it color coded so it's easy to understand as the chart is kind of busy. Are we still waiting for the final parabola that is the finale part (blow off top) of the 2nd cycle. Lets see if this theory holds true. If it does, another obvious thing is the the cycles are lengthening and the gains are diminishing. So in this analysis I am theorizing we are...

WeAreSat0shi

Arrr mate!! The death cross storm is now over as the golden cross has plotted the path to treasures!! This is very simple analysis that we're having fun with, but is factual. A golden cross usually leads to upwards momentum. Pirate chain is the latest privacy coin with lots of hype behind it as it aims on being the top privacy coin. The two big highlighted...

WeAreSat0shi

Can Pirate chain hit $50? To answer this we must think how people value their privacy, and by looking at price action. The price action is telling me people value privacy. It has very recently broken out of it's almost year long bullflag and looking to make a bullish move over the next few months. Once or if the weekly RSI breaks above 60 I think price action...

WeAreSat0shi

We can notice that Price movement between these two is very correlated. What I want to point out is the M pattern that bitcoin has also recently printed the last year. Could BTC follow this very pattern and go into a blow off top over the next several months? Personally I think it's a strong possibility that only time will reveal to us. With more and more wall...

WeAreSat0shi

History might not repeat but it often rhymes. I think there might be room to move above the top of the trend line for the next 12 to 18 months , but it might be short lived and be the start of an A B C correction. Paying close attention to the highlighted M pattern and comparing it to the Bitcoin chart we might be able to catch a glimpse of what could be...

WeAreSat0shi

This is a chart of the total crypto market cap on the monthly. It's clear to see we are still in an up trend, but will it hold? The entire market is showing a bearish divergence on the RSI but we have previously had a strong bounce off off this level. If the market does a similar thing this time we should be in for a strong bounce up. The question remaining...

WeAreSat0shi

ICP could be the buy of a lifetime for some people. It is on a fire sale at the moment and possibly could go lower. It's also possible this the capitulation moment as The RSI is is showing bullish divergence. If you like this project it might be time to start nibbling as it's upside looks to be incredible. *Time in the market rather timing the market*