Noodley

Noodley

I see an end of year rally building up on RLC, could likely see a breakout into the upside. New ATH by EOM January.

Noodley

Small caps (SLY) on the continual decline. Large Cap (SPY) Tech going to the moon. (Large consolidation of wealth in very few companies) WTI price declining due to lowering of consumption and reflecting long term industrial slowdown in economy. M2 Monetary supply effectively driving stock price growth, seen especially in March (notice the deltas between M2 and Spy...

Noodley Updated 

I don't think much will unfold before the November Election. Higher second peak is likely from mortgage forbearance (runs out in December) and stimulus after COVID-19 (also ending this month, with most unemployment running out soon after).

Noodley

Taking a look at the SPX and SPX without Facebook, Apple, Microsoft, and Google. Shows quite a different picture.

Noodley

Though this was quite interesting. The people saying that these markets are not in harmony are delusional. Wherever SPX is going, likely will drag BTC with it. I'd be very weary going into this winter with the wuflu boogla 2.0 popping. Likely repeat of March if not temporarily.

Noodley

Dollar bad, assets good. Real gold, Digital gold.. Scarcity > Infinite

Noodley

Leveraged Gold = BTC Although, you can't go wrong either way.

Noodley

This is for my own personal use, but I hope others may find it useful. This is not trading advice, rather a personal representation of the current trend.

Noodley

Not a whole lot to say on this one, I just don't think we're going anywhere until we've at the least double bottomed. Nothing fundamentally has changed. All indications are of a strong downward momentum. Nothing like the 2/6 recovery in the slightest. Too much resistance going back up with this flag. Retest of $7,300. Then break down to $6,250. Price target $5,600.

Noodley Updated 

I have to admit, this one is a strange continuation of events. Now that we've seemingly created this double bottom formation we've invalidated the clear possibility of a direct trend repeat from last time. Not saying it's not going to crash, just more than likely not in the same way it did before. We've seen tremendous amounts of resistance at $8500 as well as...

Noodley

From a meta perspective, where are we going? I think this is a clear outcome. Blockchain technology is not going anywhere, I almost guarantee it's going to get MUCH MUCH larger than anything we can comprehend from prior events. Triple tops, double bottoms. Then a trend reversal over the next few months until begin to see a massive bullish resurgence. Some would...

Noodley

Well, it looks to me we're dealing with a complete rerun of the prior happenings of the $6,000 crash of last month. Scales, numbers, candle counts, dates are all looking eerily similar. If we can't get some ground, probably into that $10,000 range we're hanging out in purgatory. Volume is tapering off, seemingly every time this has happened with a bull attempt...

Noodley

Looking at TRX.... I mean.. *Ahem* XRP, we're seeing the what I call pump and dump reminiscent disaster of a chart that is Ripple. Fortunately, BTC is seemingly coming to a miraculous recovery, which means that XRP will too see the same. While the last pump of only a week or two ago was very much driven by the CNBC Cornbase drama, I'm under the conclusion we're...

Noodley

Not looking particularly wonderful for good ol' "South Korean Ethereum," as we've been slowly rolling to the bottom of the hill of sadness and great losses. That said, I'm under the conclusion that we're due for another attempted bull run. Which, if concluded would be highly parabolic and profitable. Based on our somewhat loosely tested support level, we can't...

Noodley

This is going to be a heavily dependent parabolic movement with choreography based on BTC movements. If BTC can keep its pace without collapsing, I'm expecting the parabolic trend to continue as prior events have unfolded. Educational purposes, consider selling when CM_Ultimate trend line begins leaning towards the right. Price target $16.00+ I don't usually...

Noodley

A quick analysis reveals what to me appears to be a simply shallow variant of what appears to have taken place on the Feb. 2nd dump. Seeing similar reactions from our trend line, as well as the candles forming in a similar bullish pattern. If the trend is realized, and the UM_Ultimate trend line is realized NEO looks to be fueling up for a nearly parabolic return....

Noodley

Extremely appealing flag forming as a indicator of a trend change, historically we can see that anything this significant of a downtrend has produced an extremely impressive bullish reversal. While our CM_Ultimate script hasn't yet given us our green indication, that has been extremely accurate historically for an indication of trend change. Looking as though...

Noodley

Using our highly respected UM_Ultimate script with triple EMA inputs, we can see that for practically any historical point, the green oscillation has indicated a solid reversal trend for between a 5-25% ROI. Unless we see another Mt. Gox dump, I wouldn't expect this trend to be violated. For educational purposes, trade when the UM-Ultimate trend line starts to...