NoOneWhoIsSomeone

NoOneWhoIsSomeone Updated 

Everyone is talking about yields inverting and the recession that follows it. Here I am going to do a quick rundown on how to actually use this information to your advantage. It is not the yields INVERTING that is cause for concern. This is only the first step of a potentially long process. It is when yields start STEEPENING that there is real cause for concern....

NoOneWhoIsSomeone

XRP has been locked in various ranges for some time now and currently seems to be trading in a slightly ascending channel. XRP is currently resting on the 100MA on the Daily. If the price continues to struggle here, the next support will be the bottom of the potential channel at $0.69 and then if that is lost around $0.55 Resistance currently sits around ...

NoOneWhoIsSomeone

As anyone with any tech knowledge knows, chips arent going anywhere. They are the future and they are here to stay. But at the moment AMD is showing us something very interesting, which is it is starting to break 4-year long market structure. As you can see price has respected this channel 6 times as I've marked on the chart. 5 out of 6 of those touches brought...

NoOneWhoIsSomeone

Doge is offering us a fairly simple market structure here which will make it easy to measure exactly where we are in terms of TA. First thing I would like to address is the gap that still exists between $0.10 - $0.08. It may not seem like much but technically speaking these levels almost always get retested. We have seen a strong breakdown into a descending...

NoOneWhoIsSomeone

Ethereum has proven itself to find solid ground at elevated heights since 2016. ETH is a central part of current crypto innovation and has even gone as far as separating itself from being considered just an "Alt" coin. It has real utility and real use case. Now, we are just going to analyze this chart and try to understand where we are in this cycle if history...

NoOneWhoIsSomeone

ETH could be preparing for a move down from here after showing Bearish Divergence on the RSI. Price moved higher while RSI trends lower. A similar picture on the Daily. ETH also coincidentally is testing the 200MA and finally pushed RSI to 15-month resistance. Short term supports: ~$3,200 ~$3,000 Here is a chart I am going to expand on in the future but for...

NoOneWhoIsSomeone

This has arguably been one of the most consistent correlations (BTC/BTC.D) when it comes to understanding where the price is going for both BTC/TOTAL and I've yet to see anyone else mention it. The magic 40% on the BTC.D chart is where we are focused. That bottom support has systematically proven to be an indicator of the downside ahead. It is currently 5 for 5...

NoOneWhoIsSomeone

This has arguably been the most consistent correlation (BTC.D/TOTAL) when it comes to understanding where the price is going for both BTC/Market Cap and I've yet to see anyone else mention it. The magic 40% on the BTC.D chart is where we are focused. That bottom support has systematically proven to be an indicator of the downside ahead. It is currently 5 for 5 on...

NoOneWhoIsSomeone

By now if you've been paying attention you've heard about the Yield's inverting and why it could mean imminent recession. I am not here to argue one way or the other, just going to look at the data objectively and hopefully use it to gauge where we can be headed over the next few quarters. I will let the chart do most of the speaking but I will give you a few...

NoOneWhoIsSomeone Updated 

BTC is approaching the end of the Parabola it has formed and has touched the top of the ascending channel (Potential Bear Flag). Any break to the upside here would send the price directly to 51-52k. If this happens, this would negate any more bearish developments short term. Support: ~$40,000 - $45,500 Bulls do not want to see prices lower than $45,000. If it...

NoOneWhoIsSomeone Updated 

We are clearly seeing Bond Yields tightening at an unprecedented rate. What is so interesting about this is that historically, yields have been driven higher by the FEDs Fund Rate, but Powell merely did a 0.25% hike on March 16th. Bonds have already priced in rates at 2.5% and coincidentally this was the same rate (2.5%-3.0%) that drove the market into...

NoOneWhoIsSomeone

Here is a very interesting comparison to the 2018 Bear Market. There are some uncanny similarities between the two. I think the most important thing to take note of here is just how much resistance BTC is fighting and it's already broken below a key level. RSI is approaching resistance and will be detrimental to see how price reacts in this area. This is just...

NoOneWhoIsSomeone

$DWAC has been hot relative to the market. After seeing $AMC & $GME move this week, it's very possible $DWAC could catch momentum. Right now the key level is $73 and a decisive break above will potentially lead to a continuation to $85. If Markets open green it could be a rocket🚀 Target #1 ~ $85 Target #2 ~ $95

NoOneWhoIsSomeone

Patterns present themselves in the strangest of ways. Sometimes they mean something and other times they mean nothing. There is a fine line between pattern and coincidence. Here is the S&P-500 with USOIL to compare previous cycles. As the chart presents, each time there has been a significant deviation from the current trend in USOIL it has resulted in a...

NoOneWhoIsSomeone Updated 

Here is a very interesting chart that I'm sure will meet a lot of resistance. As with all cycles and patterns, they won't always repeat. In fact, when a support or pattern seems obvious it is not a terrible idea to hedge it as markets typically like to cause the most pain. TA Weekly Chart: ~RSI broke support ~50MA and 100MA converging, presenting us with an...

NoOneWhoIsSomeone

If BTC trades out of this one in a bullish way, I will personally be astonished. No big update from me until after Fed Meetings tomorrow and Wednesday. This is a market for Big Fish only, currently. If you have minimum experience, consider taking risk off the table. Only invest what you are willing to lose. If you feel stressed, you are over-exposed. Wait...

NoOneWhoIsSomeone Updated 

Going to keep this one simple. Just letting the chart speak for itself. For an in-depth analysis please check out my previous ones on BTC, ALT Coins, & USOIL. Each of them offers insight and detailed information to support. I have linked them below;

NoOneWhoIsSomeone

Here is a perfect example of why Energy Prices soaring is very dangerous for the broader economy. The Ongoing war in Ukraine against Russia and the threat of limiting Oil imports from Russia will keep these prices soaring for the foreseeable future. War does not care about market patterns. Each time there has been a significant deviation from the trend paired...