Web 3 will centre on eth
So for the biggest upside you can play things eth needs
One is scaling and I’ve mentioned the optimism ecosystem previously
The other is infrastructure such as decentralised rpc nodes and APIs
I believe ANKR to be the nascent market leader for web 3 infrastructure
It is also a liquidity staking derivatives play
Ankr should double...
So this time is probably different
THEY want you to see the downtrend line
THEY want you to see a bullish candle and a swift rejection
But what we have now is geometry to go up plus bull div and a rejection of the 50% retrace down
Keep shorting beartards
NOT TARDING ADVICE
Rather than my plethora of stunning calls such as a a year ago calling a target of 3600 from just shy of the top…
My frenemies here like to point to my ‘4150’ call
What I said after the June lows was that there would be a move to 4300 (to meet the now infamous downtrend), a pullback which would not exceed 4150 and then a pop above the downtrend
All I was...
STATE OF PLAY AS AT FEB 2023 -
3 Year Review
Exogenous event to effect a societal and economic reset (March 2020-ongoing)
mass ‘awakening’ per Fourth Turning as the antithesis to the thesis as presented by the World Enconomic Forum /WHO
Great Deception has commenced (1-28-23)
Transition to degrowth, dedollorization and web 3 via Industry 4 and ...
So the theme for the last bit of alt season was probably layer 1s such as AVAX and SOL
If dollar topping and risk bottoming here most things will do well
But i think one theme for the likely coming alt season would be layer 2s (scaling solutions)
The layers refer to the subsets of the future blockchain internet (web 3)
Vitalik has been bigging up L2s since the...
Maker is arguably the most legit dao and defi project around
The dai Stablecoin is the antithesis of Luna, tether and the exchange stablecoins
I have no doubt this one day will make a market cap ath
What I don’t know yet is whether this is a whole new cycle or not
Either way this should be good for a 2x mid term
If pa stays within the pink fork the ath is...
ZRX is an og coin which most have forgotten about
In the most hated rally it might get some love
It’s a protocol widely used in dexs and ether based nft exchanges to allow off chain transactions and lower gas fees
It’s flirting with a breakout
Rsi is trending up
This could be a ten bagger
NOT TARDING ADVICE
Platinum is the bellwether for the Fourth Industrial economy
Green hydrogen is the battery for the storage and transportation of wind and solar energy; and platinum is the chief catalyst for both the generation by electrolysis of green hydrogen from solar and wind energy; and the reverse reaction in the fuel cell.
Here I have a section of the longterm...
As we usher in 2022, and reflect on 2021; it has been a good year for markets and a year of consolidation for Gaia and those who inhabit her
So thoughts drift to what 2022 will bring. Some of us believe the charts forecast not only the future of our markets but also the future of our world.
The world has changed irrevocably since the Corona virus pandemic....
Just retesting a longterm breakout
In a clear uptrend
50% retrace from recent highs versus October 22 lows, which was a divergent low
R/R 15% downside vs 150% upside, stop below October 22 Low
G R Industry 4
Lumn, as CenturyLink played a role in the infrastructure for the 3rd Industrial Revolution
It is now positioning itself to lead the 4th…
“Navigate the challenges and harness the benefits of the 4th Industrial Revolution
For businesses facing the challenges and opportunities of rapidly modernizing their IT systems, Lumen offers a flexible, managed platform that...
Putting this out there for me for monitoring
But for those who have been kind enough to follow- it's yours too
NAS vs SPX
NAS COULD be at a bottom as per the geometry
As per the SAME geometry (major pitchfork pre and post corona and at the last high) SPX can't be
That nails on a target of 3600 for SPX which would put NAS down to 10k
NOT TRADING ADVICE
I’ll stay hedged for longs until we get a dollar weekly rejection which there is no sign of yet
But geometrically the dollar can reject here
It bounced on one of our major forks and is now encountering the other to the upside
The EurUsd chart is cleaner but there’s no denying price is responding to this geometry on the dxy chart
This situation we find ourself in is analogous to the old ath breach
In a similar fashion gold consolidated around the old high
If my analysis of the dollar still not having bottomed is correct then this present analysis is highly probable to play out
Once gold tops out from a parabolic run I’d expect another golden pocket correction
Hence I believe what...
Geometry is a construct of time and price
Here I have the only geometry for spx that matters at this point
I have identified the last three macro pivots:
I have bisected pivots 2 and 3 from pivot 1 per Andrews
I have then scaled the chart by setting the bisector vector at 45 degrees per Gann
Plato had an inscription over his academy
LET NO ONE IGNORANT OF GEOMETRY ENTER HERE
Modern trading, especially on lower timeframes relies on indicators hence price action can be a nebulous concept for traders
What is price action?
Price action is the visualisation of price fluctuations on the y axis versus time on the x axis. On the shorter timeframes...
I have a scaled chart here for EURUSD
Firstly we have Andrews pitchforks off major pivots
Then on the last impulsive move I have a fib arc covering the whole swing
I believe this chart clearly shows euro is heading for 1.12 USD
This weekly close is crucial
If it breaks trend it will probably take a more convoluted route as per the lower arrow
But if we...