We are living through the greatest economic expansion in American history. It has become very clear to me that the stock market is no longer a measurement nor reflection of the health of the "real economy" where average everyday people make their income. If it was then the federal minimum wage should be over $30 an hour compared to economic gains our economy has...
I just stumbled up Revain's (REV) chart and holy cow. It almost reminiscent of how Dogecoin's chart looked before the Wallstreetbets pump and Elon Musk Doge tweets. Pretty much just completely flatlined trading sideways since the bottom of the 2018 bear market and still has not risen with rest of the market. Just looking on the chart Revain has enormous upside...
Welcome to Cryptocurrency! HYPER VOLITILITY! FLASH CRASHES! This is the first time since March 8th 2020 we've fell below the 200 day moving average which was right at the start of COVID-19. Reverse psychology when it comes to Cryptocurrency these dips are historically some of the best times to enter the market. Is the bull market over? I personally don't believe...
I know Internet Computer (ICP) caught many of us off guard before and after the Coinbase release. I woke up this morning and It's already a top 10 cryptocurrency. Classic signs of a pump and dump. It seems like we've may of found bottom at $237 which would put ICP as of right now at an all time low. May not be a bad time to accumulate at these prices. Like...
If you're concerned about Bitcoins fossil fuel usage but drive a fossil fuel consuming car to work or the local gym you may have bigger issues. It seems like ever since Elon Musk caught the "crypto bug" earlier this year Bitcoin and Dogecoin have been surging but not so much Tesla stock. At the end of the day Elon will do what is Best for Tesla not Bitcoin. Image...
Yes Dogecoin will most likely hit $1 in the short to mid term. Why wouldn't it at this point? Everybody believes it will hit $1. Back during the Wallstreetbets pump I said Dogecoin wasn't going to a $1 in the short term during that period. Since then things have rapidly changed and the Dogecoin nation and Elon Musk will make a dollar Dogecoin inevitable. In my...
Getting a nice sideways cruise with The Graph (GRT). We've been holding a sturdy support level above $1.00 since February's run up to $2.89. Then we cooled down and hit a low of $1.13 on April 23rd. And since April 23rd it seems like we have a slight bounce back the upside. In between $1.33 - $1.80 seems to be a nice area to scoop up some before we inevitably...
Everybody's favorite Unicorn. Yes I said it. We're on our Unicorn path to $100. The reality is another +130% increase from these price levels will put us at a $100 Uniswap. And if we continue to hold this bull trendline we may be there by next year. With these bull market conditions another 1.3x isn't too farfetched. We still have yet to see the full post network...
This is all just hypothetical. Everything will eventually form a parabola. Do people really think we'll have another 10+ years of an artificial bull market in America? Do people really think there's no consequences for the unlimited printing of money? Do people really think the stock market won't eventually have a massive correction? It will be interesting to see...
Steady upwards growth I love the way this chart looks. We've been holding a bullish trendline since early November of last year, YFI is already 100% through its circulating supply so no more YFI coins will come into existence, total value locked (TVL) is increasing every month, and the Bitcoin dominance is dropping. Also we're about to bullishly divergence on our...
Everybody always ask me which cryptocurrency has the most potential and upside this cycle. My answer is if you're looking for performance start stacking Ethereum or if you don't have at least one Ethereum start making that a worthy goal before it's too late. When I look at the Ethereum / Bitcoin pairing chart we still have a long journey to reach the ETH/BTC all...
I couldn't help but notice AAVE has been forming sideways movement since its epic pump in early February. We've formed a descending triangle since February and we have not broke to the upside or the downside of this triangle. We've held a solid $300 base support level . If we don't break to the upside we will most likely keep on moving sideways above $300. Just...
The month of April still isn't over but it seems that this will be the first red month of the year and the first in 6 months. As painful as it seems its not. This is looking healthy for Bitcoin.
Still so new. Lets see if we can hold a $310 support throughout month and trade past this channel to the upside or if we break further past $310 to the downside. If we trade more sideways throughout the month then it may be a good time to accumulate. It's very early but we'll see how this one plays out. The fundamentals for Coinbase are very strong. Cheers!...
Since my last call on April 4th VeChain (VET) has been up over 150% in the past two weeks. I knew VeChain (VET) wouldn't be trading at $0.10 cents for too long considering what VeChain is, the current market sentiment, and the global supply chain & logistics problems they're revolutionizing. If we breakout of our symmetrical triangle to the upside I believe we...
For everybody that was upset they couldn't get back in at below $60,000 well here's your chance. Below the 50,100, and 200 day moving averages. We're very oversold on the 4 hour Relative Strength Index as well. Anytime I see Bitcoin drop that low on the RSI I believe it presents a great entry and accumulation zone. But I'm no financial advisor. It's beautiful to...
How can we not love our favorite unicorn Uniswap flying to new all time highs. We've been following this bull trend line since the beginning of this year right behind the smoke trails of this rocket ship. We may get a re-test of our trendline putting as at higher highs and higher lows. I also believe the Coinbase IPO will have a positive price effect on Uniswap...
Classic initial pump up then a dump down. People are eager to lock in those quick profits! We'll see if we find support around the $300+ area or drop below $300 to find a bottom. I wouldn't be surprised if we get a retest to the IPO all time high of $428 in the coming days or weeks to come. Coinbase is directly pegged to the success of cryptocurrencies. So...