idontknowwhat

idontknowwhat Updated 

As you can see, we had a very disappointing rally back upwards, with a volume divergence. Although I had a lot of hope for a breakout to the upside, perhaps creating another 2013 situation with 2 bubbles, it was quite clear the whole time that this was just hope - the volume spoke volumes (hah.) The volume has now broken out with a resounding "we're going down."...

idontknowwhat Updated 

I had a lot of hope, however, despite the incredible amount of volume at the 6000 bottom, it appears we are flagging for one move down. I suspect this will be the last move down. EW suggests this might be impulse leg A, and that after recovery, there might be another leg C down, however assuming we get a sentiment shift, we may be able to avoid a leg C; perhaps...

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Could potentially dip further to the support line, but a long seems pretty strong here.

idontknowwhat Updated 

Hello all, A while ago I posted this idea for a monthly fractal but with the target as 25k and the current 'top' as 7k (here: ) I wasn't sure that was the top and promised I would update when I thought the top is in. I think the top might be in. And if it is, we can check out the previous bubble to guess where it might go. If we are to correct to the exact same...

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This one is just so stinking obvious. As I see more and more bearish cases for gold, even now, it's becoming clear that metals shorts are being forced to cover one by one. Keep in mind that short positions against metals are absolutely huge. I expect a squeeze soon and another market cycle.

idontknowwhat

Clear volume and RSI divergences forming on 4hr. Same probably show up on daily, too. Money will return to BTC too, so it's probably a BTC long signal. Stop loss just above $3.

idontknowwhat Updated 

Mass cannot be created nor destroyed, only moved to BCH and back. Both of the green zones are buys for me. After this, 25k. I still believe we are at peak greed and delusion, but you might as well play the wave. Amen.

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* Switched off log chart for added effect * tldr: I'm selling a bit each day on the run up to christmas, regardless of price. For anyone who follows me, you'll notice I had a set target in my previous chart - and then before we went for our next bull run, I quickly added an update saying I had no idea how high it was gonna go, and you probably shouldn't short. I...

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You can see here we have clear accumulation, infact I don't even need to draw lines. China is currently building several massive railway projects all over Asia, and I'm sure this will at least lead to a huge spike in CRRC's stock price eventually.

idontknowwhat Updated 

That was an impressive shakeout. I'm sure the bears are so excited about that 4hr red candle. Okay, okay, bitcoin looks pretty messed up, but I think it has one more leg up. It is, however, clear that the market is extremely fragile up here, thus I assume a massive correction to happen on the final leg up - probably from around 12.5k. At the next ATH, short to...

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I have been watching Cisco for a long time, Not only is it the biggest networking company in the world (or one of them,) but it has somehow managed to underperform the market even whilst cybersecurity and such are becoming such big trends. There are several reasons, however one of the main ones is the report that came out saying that the growth of earnings may...

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We can see this fractal on any time frame. I'd say it has a high success rate for bitcoin. Blue horizontal lines indicate price targets for the dip and subsequent pump next year. Note: this is assuming we top here, I'd say we have until 7,000 potentially. Let's see what happens. I will post a new chart when a confirmed local top is in. Enjoy

idontknowwhat

The time to sell is now and soon.

idontknowwhat

After about a day of absolutely boring sideways, something interesting happened that took everyone by surprise: we broke back up, in-fact retraced 100% to the previous local top. This is interesting, because people who have their cute little wave counts (including me) assumed that after the drop from 3800, this marks an a-b-c correction finished and the downtrend...

idontknowwhat Updated 

We've had an insane run on BTC but I think this bull run is nearing to an end. I have some good reasons, Firstly, on shorter timeframes: Lack of buy volition above the 4.2k level, even after breakouts and new ATH's, an RSI divergence was always there. Large amounts of controlled sells Limited panic selling - panic selling doesn't happen when the smart...

idontknowwhat Updated 

tl;dr: If it breaks the red line, we're probably going down either to retest 3,000, form a large triangle or below 3,000. If we get one more push upwards and start tackling the major downtrend from 5,000 (green line), we should be good for a fresh bull wave to 6,000 or more. Here I have postulated two possible paths for BTC from this point. One is very bullish,...

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There are two major camps right now, one says that we have just finished wave V and we should have a massive correction and bear market. The other camp believes we just finished wave III on a smaller scale and have another push up towards 6k. Who will win? I hope the bulls will win, because those in the former camp has a 2 year long wave I, a 3 month long wave...

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These trendlines are so converged and thin that it would take a flash crash to send it any lower, We only need another $80 (getting less every hour) until we're squeezed so hard that it can't take it any more. A rip has been detected in quantum spacetime and a wave collapse is being signaled. This should generate a wormhole to 4k for a 50% retracement through...