Gold and silver are not looking good, and the momentum is barreling downhill fast.
Chance of quick and powerful reversal in 2022 almost non-existent. Looks like crypto and stocks will reign supreme at least through Q3 2022, then start to see some weakness heading into Q4. Around October 28th we'll likely start seeing some crazy price action, maybe large selling...
The VIX has gotten the SQUEEZE.
No idea to predict which way markets go.
We either get squeezed hard and the VIX erupts, sending us into what will likely be a mega capitulation sell-off where stocks and cryptos get annihilated.
Or, some amazingly good news comes out of the blue and markets surge and pump hard north.
Wow, just wow, what a crazy intersection...
It seems we may have formed a temporary bottom in crypto and stocks.
A good surge takes JASMY to 200D MA, or just around $0.03. A 200% increase from my buy yesterday at $0.01.
RSI shooting up, MACD oscillating bullish. Could be a 3x in 3 weeks trade....
Bitcoin is WAY "oversold", weekly RSI is the lowest ever.
We're on (below actually) 200W MA which is historical support.
Yesterday the "fear index" was 7. Today, it's 9.
Markets have priced in a recession, yet we're not even in one yet.
Summer bounce possible, likely even, don't sell the bottom... but be prepared for anything.
Litecoin, quite the sob story for the past year.
Despite many if not most tokens sitting well above ATHs from 2017 LTC is still well below.
But is it about to turn and rip?!
Against 2017 LTC:BTC price ratios, LTC *should* be around $1200 currently, but yet it sits around $200.
The fact the there are now more LTC wallets active than ETH wallets :...
This stock has so much potential, I've been in for a while but may go in significantly heavier if we break north of this pattern.
Rising weekly RSI.
AR app ARKnet which has mega potential.
This may be a unicorn in the making.
I've been bullish on individual tokens, but after taking a step back I think I'm going very defensive on crypto and stocks.
With the precarious nature of markets right now (war in Europe, decade high inflation, recovering from a once in a century pandemic), it's not going to take much to torpedo stocks and crypto.
The chart lists some bearish traits, on the...
Some major bullish factors for ETC:
1) Mystique hard-fork solving the double-spend issue and strengthening the chain back in February
2) The "fifthening" in 2 days (April 15th), block reward cut by 20%
3) ETH live testing (ghost network) PoS chain right now, target date for complete implementation June, miners likely switch to ETC en masse.
4) on ETC:BTC pair...
Just like the title says, when the VIX loses this parabolic pattern markets will likely enter a new bull-cycle.
No guarantees, but very likely.
The pandemic is essentially over.
Many stocks and industries have been absolutely beaten down for months, if not a year now.
There is more money on Earth than ever has existed before.
Every knows the Feds plans for...
Lot's of uncertainty and indecisiveness in the markets.
Bitcoin squeezing another pennant. A higher lows but also unable to break overhead lowering resistance.
Stocks have rebounded quite well off their bottoms a week or two ago. Have they topped?!
WHICH WAY DO WE GO!?!?
No way to tell. I think general sentiment and basic economic data might be the catalyst...
To start, regarding my last MANA post, all is still in tact, it's just taking longer to perform than some other tokens. This is why it's best to have a few tokens in your bag. While MANA and FIL have been languishing I had a great trade with ETC, added 33% to my entire portfolio value in a week with that one trade (not pennies by any means). As MANA and FIL sat...
Some would disagree, but to me it seems if the market goes bullish again MANA is prime for huge pump.
Some bullish factors for crypto:
1) Biden signs EO embracing crypto
2) UAE embraces crypto
3) Ukraine legalizes crypto
4) Geo-political uncertainty, crypto alternative currency
5) Whales pulling BTC off exchanges by the billions
6) Ukraine/Russia conflict...