Pretty clear to me that we are going to pull back and then run for the $100/sh mark over the next 5-9 months. We have more than likely already entered the correction stage that will bring us back to the $19-26 USD range before we bounce. The next bounce momentum will depend highly on the macro economic outlook. My guess is we take the path of the yellow due to...
Broke out of ascending triangle and she's going the distance after a little consolidation!!!! All Aboard!!!!! Have your tickets ready Freddie!!!!
Long term trends and cycles say this is going south for much longer and deeper. Yeah yeah yeah, this time is different, I know. Saylor and Woods are having a baby named Elon Bulltard. Institutions are adopting this is the mega cycle of mega cycles. I'm an idiot, noob, charlatan permabear, on and on add nauseum. BUT, the underlying canvas of the idea comes from a...
Short it to Hades and make some bank!!!
Break down of rising wedge after rising wedge along with the confluence of Symmetrical break down and anemic pump volumes are not looking good for Ol Bitty. Occam's Razor says and is: a scientific and philosophical rule that entities should not be multiplied unnecessarily which is interpreted as requiring that the simplest of competing theories be preferred to the...
Bear flag in play after a break up of of the symmetrical, worse than the symmetrical had it broken down once played out. Target shows retrace to the. 618 fib, and the rising wedge target breakdown almost exactly to the .786 fib. Bull trap in play, volume anemic on the pumps, moonbois in Miami shilling? I'd be careful out there lady's & gents.
Consolidation before breakout to the upside of the Ascending triangle probably over due by 3-4 days due mainly to the psychological level of $60K which coincides with an 11 year resistance which happens to coincide with the $60k resistance from the short term.