MARCH'20: COVID-19, and the beginning of CYBER Age! March 12 KEY
Well friends, lets begin this month a little different.
Observation and a Warning of things to come:
In the age of Cyberpunk, - if you are not familiar with a term, google it up - we have variations of futures where we live in a high technology, but a world is screwed up. And most often than not it has 3 or 4 key components.
Well, the way COVID-19 is going it is one of those stupid scenarios that we enjoy on a screen, but never really wanted to happen.
Observe our world from a big lens, DRONES, Automated cars, AI, VR, Private Space Programs, Space Force, LAzers, Rail Guns, Hyper-sonic Missles, and list goes on.
But, it is all going to crash and burn because somebody spliced the wrong genes on a wrong virus, and it spread like wild fire, and in a few months the world as we know will no longer be recognizable. Just ask Chinese on how they are doing in 3 months, if the virus is not contained.
This WILL cause conflicts, because once deaths begin to climb, agitations will rise. Industries will collapse, hunger, strikes and a bloody revolution! Yeah, and yet, we still going to have 5G, AI, VR, AR, AI CARs, Drones, EV - this is Cyberpunk - Violence and high tech.
But we will survive this, cause we created this COVID-19, and we are going to put out as it does have a biological flaw - we OWN the DNA in this age. And just like that, without realizing it, you have entered the CYBER age.
Here is fun read for you: https://www.zerohedge.com/geopolitical/were-coronavirus-samples-destroyed-china-coverup-outbreak
YOU WANT HOLD blockchain tech more than digits in a bank account. The network has more value than dollars for a reason, but in the end, just like with every financial asset - IT does matter when you buy!
When industries start to die off like this, conflicts are inevitable:
https://www.zerohedge.com/energy/coronavirus-panic-causing-worst-case-scenario-oil
https://www.zerohedge.com/markets/losing-billion-dollars-month-no-rebound-sight-amid-global-shipping-slump
Technical Analysis:
Well we are classic abc drop, followed by a descending triangle. So price theory says, we should go lower. However, it is still important to reflect on HOW this doped occurred and WHY. We know that mostly there few key factors like IOTA and EOS are bugging out bigly, some hacking, some lame macro news, and BSV in a WTF phase + price was a little elevated after a rapid gains from Dash, ETC, and few other key coins.
But the real cause is COVID, and this is where fear/panic was irrational, but reasonable under circumstances. However, over FEB 29-MAR 1, during the triangle phase, the market is asking itself, IS FIAT really going to do better in a pandemic situation?
Key Element for 2020 March is a 2019 July Fractal. IT is not identical, but it is close enough in a since we had descending W at the top, followed by a sharp sell of then a recovery from a descending triangle, which felling into a disaster sell offs in the summer of 2019.
I believe in fractals, i live by them, they are better indicator than your MA/RSI but still, it all change in blink. I stand by it, to say that BCH 300 will hold and so will ETH 200 in the march !
Mini Rant:
You see a BANK can go under, but a Network? Well, that is a lot harder to take down. Will it be BTC payment of choice or ETH, or BCH it doesn't matter. What matters, that in reality as of now, CRYPTO market is severely undervalued, obviously for a good reason, but in a few years the CRYPTO market cap is going to be a TRILLION DOLLARS! That right, because remember TECHNOLOGY CAN'T be STOPPED! Even during WW2 technology was making leaps and jumps. CRYPTO market is no different.
So here we are on the edge of abyss again, in the crypto market, and yet i welcome the abyss, cause it is going to take us on an EPIC journey!
February Postmortem:
______________________________________________________________________________________________________________________
As you can see, we did not stick with the channel, and instead we surged up, and after that it going up right into wave 5. However, after this correction, we can;t have III - IV wave right now. We are having the D-E wave, on a bigger picture, which will revisit once it is broken, and you will see that this where bears are fighting a losing WAR. Still, D-E is critical and most treacherous, for BOTH sides of conflict.
WE still within a bullish channel, so i am 70% bullish ATM than bearish, simple because, i have seen this before, so many times. It is getting ridiculously predictable.
______________________________________________________________________________________________________________________
Good Luck Everyone! Lets make Crypto Great AGAIN!!
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place!
Thank you,
Please, follow, help me get to a 1000 followers :)
Observation and a Warning of things to come:
In the age of Cyberpunk, - if you are not familiar with a term, google it up - we have variations of futures where we live in a high technology, but a world is screwed up. And most often than not it has 3 or 4 key components.
- World War 3
Corporations Power
Pandemic technical or biological
AI
and a few other, that are important, but not as relevant
Well, the way COVID-19 is going it is one of those stupid scenarios that we enjoy on a screen, but never really wanted to happen.
Observe our world from a big lens, DRONES, Automated cars, AI, VR, Private Space Programs, Space Force, LAzers, Rail Guns, Hyper-sonic Missles, and list goes on.
But, it is all going to crash and burn because somebody spliced the wrong genes on a wrong virus, and it spread like wild fire, and in a few months the world as we know will no longer be recognizable. Just ask Chinese on how they are doing in 3 months, if the virus is not contained.
This WILL cause conflicts, because once deaths begin to climb, agitations will rise. Industries will collapse, hunger, strikes and a bloody revolution! Yeah, and yet, we still going to have 5G, AI, VR, AR, AI CARs, Drones, EV - this is Cyberpunk - Violence and high tech.
But we will survive this, cause we created this COVID-19, and we are going to put out as it does have a biological flaw - we OWN the DNA in this age. And just like that, without realizing it, you have entered the CYBER age.
Here is fun read for you: https://www.zerohedge.com/geopolitical/were-coronavirus-samples-destroyed-china-coverup-outbreak
YOU WANT HOLD blockchain tech more than digits in a bank account. The network has more value than dollars for a reason, but in the end, just like with every financial asset - IT does matter when you buy!
When industries start to die off like this, conflicts are inevitable:
https://www.zerohedge.com/energy/coronavirus-panic-causing-worst-case-scenario-oil
https://www.zerohedge.com/markets/losing-billion-dollars-month-no-rebound-sight-amid-global-shipping-slump
Technical Analysis:
Well we are classic abc drop, followed by a descending triangle. So price theory says, we should go lower. However, it is still important to reflect on HOW this doped occurred and WHY. We know that mostly there few key factors like IOTA and EOS are bugging out bigly, some hacking, some lame macro news, and BSV in a WTF phase + price was a little elevated after a rapid gains from Dash, ETC, and few other key coins.
But the real cause is COVID, and this is where fear/panic was irrational, but reasonable under circumstances. However, over FEB 29-MAR 1, during the triangle phase, the market is asking itself, IS FIAT really going to do better in a pandemic situation?
Key Element for 2020 March is a 2019 July Fractal. IT is not identical, but it is close enough in a since we had descending W at the top, followed by a sharp sell of then a recovery from a descending triangle, which felling into a disaster sell offs in the summer of 2019.
I believe in fractals, i live by them, they are better indicator than your MA/RSI but still, it all change in blink. I stand by it, to say that BCH 300 will hold and so will ETH 200 in the march !
Mini Rant:
You see a BANK can go under, but a Network? Well, that is a lot harder to take down. Will it be BTC payment of choice or ETH, or BCH it doesn't matter. What matters, that in reality as of now, CRYPTO market is severely undervalued, obviously for a good reason, but in a few years the CRYPTO market cap is going to be a TRILLION DOLLARS! That right, because remember TECHNOLOGY CAN'T be STOPPED! Even during WW2 technology was making leaps and jumps. CRYPTO market is no different.
So here we are on the edge of abyss again, in the crypto market, and yet i welcome the abyss, cause it is going to take us on an EPIC journey!
February Postmortem:
______________________________________________________________________________________________________________________
As you can see, we did not stick with the channel, and instead we surged up, and after that it going up right into wave 5. However, after this correction, we can;t have III - IV wave right now. We are having the D-E wave, on a bigger picture, which will revisit once it is broken, and you will see that this where bears are fighting a losing WAR. Still, D-E is critical and most treacherous, for BOTH sides of conflict.
WE still within a bullish channel, so i am 70% bullish ATM than bearish, simple because, i have seen this before, so many times. It is getting ridiculously predictable.
______________________________________________________________________________________________________________________
Good Luck Everyone! Lets make Crypto Great AGAIN!!
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place!
Thank you,
Please, follow, help me get to a 1000 followers :)
Comment:
DUDE, WOW, seriously, WHALES STOP Listening to me about fractal dates lol, these are not excuses to dump lol Either way, wow right on the money! Go crazy Fractal!
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
Related Ideas
