Muncher

Muncher Updated 

Everything need to know is on the chart - Ascending triangle (in btc, these tend to break upwards) - Key support and resistance levels are highlighted by volume profile nodes & support and resistance areas Hypothesis: Price to range within the established ascending triangle channel throughout the weekend. Expecting low volatility, once the CME gap open is out the...

Muncher Updated 

Everyone seems to be bearish yet this setup suggests otherwise Marked out the levels for profit taking (there's no such thing as one profit taking level) Level 1 => s/r flip at 8.6K Level 2 => blue rectangle area Level 3 => fib 1.618 area Level 4 => fib 2 A little about the trade... - Falling wedge - Regular bullish divergence - Volume exceeding its moving...

Muncher Updated 

I know you've probably seen this kinda chart around many times, but this is only for a reminder. In this post, iv'e outlined the "phases" within Bitcoin's cycles and the ones it has gone through in the past and what it is most likely to do next. Not saying it will repeat itself, but it is probably best to use as a rough outline. There isn't much to say really...

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Before start reading on; this chart is inverted. More on that later Interpretation According to Mike Maloney, the S&P 500 dividend yield curve is the second best way to measure a stocks value (after the Shiller S&P500 PE Ratio -made a post on this, go check it out). The ratio indicates how much a company pays out in dividends each year relative to its share...

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In this post, i'll share a tool which helps you find Bitcoin's market cycles bottoms, it is the Trend Based Fibonacci extension. You don't need to understand what this tool is to know how to use it, but if you want an explanation here is a video. www.youtube.com First start by laying the trend at the market top, then count from there the next 3-4 lower lows, lay...

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Brief Description About the P/E Ratio The p/e ratio is the price of a share of a stock divided by the earnings per share, so it’s the earnings that the company makes during a year divided by the number of outstanding shares. Once calculated the answer is a multiple. This is one of the best valuation metrics that investors have been able to use to judge whether...