FunkyPizza

FunkyPizza

BITSTAMP:BTCUSD In an era of exceptional money printing, macro trends must be looked at through the lens of the money supply. Has BTCUSD/M2SL reached critical trendline support, or will we go back to ~$31k and test once more the 2017 ATH normalized to M2?

FunkyPizza

What do you think? Was the Bitcoin Wyckoff distribution merely the warm-up to the main event? Not financial advice.

FunkyPizza

Just an idea. Ethereum and Bitcoin have diverged after a strong run of Ethereum, Bitcoin then rallied. BTCUSD falls after testing 2019 high. Money flows into ETHBTC which is oversold on RSI. ETHUSD tests recent highs.

FunkyPizza

Ethereum-USD paints a Bullish Pennant with a pronounced flag post after strong uptrend, featuring a pennant trend of higher lows and lower highs. Tests at 450usd; potentially 484usd, 500usd.

FunkyPizza

Day chart. RSI overbought and approaching unsustainable trend squeeze. Long-term resistance in play. Long-term 600-day moving average in play. Not a recommendation to buy or sell.