CryptoParadyme

CryptoParadyme

4B in cash, no debt. Beautiful quarterly chart closing. May take a year, may take a month. Embrace left curve thinking. We like the stonk.

CryptoParadyme

CME gap at 19.5k. We usually push up this phase of cycle. I'm not saying we hit this, but if we do, insta buy for the halvening. Charts are never the same, but they often rhyme.

CryptoParadyme Updated 

MPW has had a rough 2 years. Not only facing a fed that won't stop hiking, but various FUD and shorters that are eager to short this into the ground. It is providing long term investors with a picture perfect setup if your time horizon is multiple years and you like collecting yield. My notes are on the chart, but, this is probably the best buying opp in...

CryptoParadyme

I might be late, but not too late. ARKK has been flirting with the PoC from the top and forming some kind of complex inverse head and shoulders. Innovation and growth have taken a hit in a big way over the last year and a half, but this is looking like an opp. to bid on innovative growth returning at some point. I'm skeptical of Cathie's leadership in this...

CryptoParadyme Updated 

This idea makes no sense in the context of the news. On the heels of the worst market in history we're presented with a setup that boggles the mind. The wall of worry. But the setup is there, the chart seems to be telling us up, despite bearish sentiment. Sidelined cash still huge. I'm just as surprised as most of you as I didn't think we would bust through...

CryptoParadyme Updated 

Fed + Apple earnings this week. Both AAPL and NQ putting in potential highs at the 886 fib. NQ in particular has the most perfect (too perfect?) rising wedge into a major fib level. Long side is getting crowded, but it would be even funnier if we dip and rip. Who knows in this market. My bias is down, continue treating it as a range until it gives us a reason not to.

CryptoParadyme

Sorry for the bad pun, couldn't resist. Verizon has obviously been having a hard time. We're seeing a consistent markdown approaching into the low from 1996 that has held price up for decades now. It pays ~7% and Verizon isn't going anywhere. A worthy addition to the turbo boomer dividend account if you're patient.

CryptoParadyme

Pardon the silly pun. VZ is about to touch the all-time 1 sigma from the listing vwap. This happens to coincide with the level that's been holding it up since 1996. This pays 7% and is probably going to be important in the coming months. Verizon isn't going anywhere.

CryptoParadyme Updated 

Quarterly support down here. This stock is pain to own unless you're a dividend enjoyer. Not a bad place to add.

CryptoParadyme Updated 

There is no sugar coating the economic situation right now. The Fed has decided we need to keep hiking and markets are responding to the greatest hike cycle in decades after 12 years of near zero rates. We're below every major moving average on Bitcoin. Pi cycle bottom has triggered. Every Vwap I've thrown at bitcoin has been violated and yet there seems to be...

CryptoParadyme Updated 

I've posted elsewhere that I think we're building a parabolic base, If this is the bottom, or close to it we're setting up a very nice base for a move over 80k and beyond. If this is the bottom today, the shorter downtrend confirms (in terms of days) that we're entering a large parabolic movement. We just need the vertical followthrew.

CryptoParadyme

Entered earlier today at the low. Send it with haste.

CryptoParadyme Updated 

There's no point attempting to call bottoms. But this is something weird I found. I'll explain what it is once we see if it marks our bottom.

CryptoParadyme Updated 

Flip this level and we can revisit the local highs. Market is firmly fearful and risk off and metals are still being silly.

CryptoParadyme

VWAP closes are a very underutilized tool, but they do not hit very often. Particularly old ones. So people don't pay attention to them. The 2020 VWAP close also happens to line up with the quarterly 21 MA which has since 2015 been our macro bottom. Obviously things are going to continue getting worse until the fed reverses course on policy. Bitcoin has never...

CryptoParadyme Updated 

See chart. Nancy bought the dip. CPI is probably going to be bad but better than expected. Not optimistic we get over 4300. But we can sweep it.

CryptoParadyme

TA on dominance charts is always unpopular, but there's a large ascending triangle for now that is looking to move up further. My guess is when this measured move complete, crypto markets firmly bottomed. We seem to be prepping for a bounce on crypto, but traditionally Bitcoin needs to go -80% for a macro bottom. Until the fed provides more favorable policy,...

CryptoParadyme Updated 

Silver is still processing the markets, the DXY pump, and rising interest rates. It is comparatively only down 5% so far for the year compared to SPY ~ -20% . (SoV narrative intact). The chart still reminds me of Bitcoin, but bigger and slower. For your reference, I think the last peak we had in 2020 was similar to Bitcoin 2019, and we might have another few...