The rewards are higher getting before the right shoulder is completed versus waiting for a neckline to be broken Some say the risk should be higher as well ? Actually not in my opinion Cheaper prices are insurance as the higher these coins go the more risk they carry especially as we enter the Alt season. Smash the like if you think this pattern looks good....
It's about to break the neckline of an inverse head and shoulders. You can see the Right shoulder is far shallower and vastly compressed in time duration in comparison to the Left shoulder Leading to my assumption that it will breakout soon and move QUICKLY to the target!
According to the historical relationship between ETH & NVDA The caveat obviously this relationship was far stronger when ETH was validated using GPU's ... but we still have to take note of this relationship in my opinion! We know a vast majority of the altcoins are still in fact ERC20's ... including all the various L2's like Arbitrum, Base, Pulsechain and the...
Commercial real estate "..talk of black swans of an economic nature forcing the Fed to print trillions again. Commercial real estate may be the next domino to fall. Back in 2008, default rates rose to 9%, up from 1%, as interest rates rose. Today, the damage to commercial real estate loans which total about $2.7 trillion could be far greater. Over 40% of the US...
The move from March 2020 to August 2020 Was a measured move that played out to the Tee. We have a similar structure building that projects to the High 30's Suggesting #Gold move beyond ATH's and #Silver the beta play to move faster in an attempt to catch up, and move towards it's high's again.
DCA buying in the right shoulder area could be prove to be fruitful when we get out general Altcoin rally The investment thesis is quite simple people will see that Fantom might be trading at a $1.50 soon enough And think damn , I missed a 10X what can I buy in the fantom the ecosystem to catch up that 10X So they venture further down the risk spectrum...
Always good to measure against the DXY not just the USD value Not perfect of course as it is mainly the Euro and Yen but still insightful. Been watching the relationship for a while currently breaking out to the upside HVF theory means this should be a violent expansion Target 1 coming up.
This chart is of the market cap of #Altcoins divided by the marketcap of #Bitcoin. If this ratio is going UP Sh@tcoins (to give them their colloqiual name) are out performing the #1 #Crypto asset. ("there is NO 2nd best.. " M. Saylor) Risk ON. Aka Silly season. If this ratio is going down. Then S coins are underperforming BTC Bear market... S coins getting...
Nice little inverse head and shoulders Yep! #Inflation is sticky & persistent High prices for goods & cost of living not only to remain high but if the #fEd starts dropping rates expect another spike up
The exchange is obviously growing with Binance now sans CZ and a knock off puppet installed in his place. We don't have a clear cut continuation inverse head and shoulders , due to the nature of where the neckline is, in comparison to the high's But I still think this pattern will actually deliver the goods in terms of hitting this price target Good Luck
Inverse head & shoulders 1st cycle coin Log targets should be met Note the neckline has been approximated because of the price action but I think it is good enough for what we need from this chart.
Building this big patterns obviously take time. An inverse head and shoulders really is just a representation of "Smart" money & "Dumb" money. (Smart & Dumb are interchangeable with patient v impatient or emotional v unemotional, whales v shrimps and most likely a combination of all these characteristics) Anyway BOBA has left shoulder , the rejection from...
From the class of 2017 ICO boom Showing signs of a recovery pump should you participate ? You should always lean into fresh altcoins with a strong narrative when you can. But sometimes the older coins can provide action in the dull moments when other coins are consolidating ..
Sorry missed the formation of this head & shoulders but still worth bringing to attention as the Log tgt is still over 2X away looks tasty as we enter a strong Altcoin flushup
Technically and fundamentally #Ordi should be a good a pickup for this next cycle Bitcoin ordinals will be hot for a while at some point :) 21 million supply is obviously a good narrative Bringing speculation to the #BTC chain obviously good for attracting speculative capital flows $5.75 target could be archived in the next couple months.
BCH has been a one way trade since those heady post fork in 2017 But at this point time there is an argument to be made in having a punt u got a fairly low defined risk --- where u must exit and call it a loss but there is upside potential , that suggests the risk may indeed be worth it. Higher low , excellent pull back into a fib reload zone gotta Risk...
We saw some wild price action even in the past two days on the HexUsd chart with a wick down to $0.003791 This is not Good obviously I post not to cause panic and with as much neutrality as possible given the fact I know Hexicans sitting in heavy losses. The usd chart has a bear flag that has already broken to the down side pointing towards $0.001745 If BTC...
DYOR from my 2 mins of research ; I doubt a real usage of graphic card buying and renting going on through this platform A SCAM if u will but that really doesn't matter for the price going forward if you only plan to ride a up wave... and not marry the bag. Maybe one of these platforms will actually be used to provide decentralised compute RNDR, GPU right...