W40kProfit

W40kProfit Updated 

Not sure if a 'kite shape' has ever come up in technical analysis but for the sake of meta we can just say diamond. I think we will run sideways until the half point is tested where we will get a breakout to ~100. After that, since it would be at the top of a rising wedge, we would see a slow consolidation to test the extended bottom trend (orange) where we will...

W40kProfit

Saw a post that mentions the high probability of profit from shorting to mid 80s. I think its spot on. However anything could happen and we could see a breakout to 110s. I think, based off past cycles.. we will see a drop to 80s then a painful melt up to 190 over 1.5 years. Past cycles usually end with a 190% gain from the highest point of said cycle which is how...

W40kProfit Updated 

Amc broke below the macro trend and found major support at 10. The market is looking ready for a trap rally in preparation for the rate hikes and fed balance sheet reduction next month. This, coupled with global macro-economic pressures like the inflated US dollar incentivizing commodities to be priced in new foreign currencies, declining US GDP, general...

W40kProfit

Most of us who looked into the executive order catalyst will understand why we saw the push down after june 3rd, and more-so why we are where we are today. Here, I show my idea for the fractal cycle. Before a cycle begins, there is usually a selloff, however, that can be debated as the full year leading up to the jan squeeze can be technically defined as a 'sudden...

W40kProfit

We see it in our favorite sci fi movies: the cure for cancer, biotech armor, mind altering substances to enhance intelligence, so on so forth. Assuming this index is the representation of biotech importance, I'd like to hear ideas for how biotech would crash. Everything we've seen from the movies can be reasons for an increase in price.. but what would cause the...

W40kProfit

First, please look closely. That green wave is, essentially the void. A place where the price has no sky limit except for the yellow dotted line connecting the peaks of the last two squeezes. The white has been used to keep price stable. Any halts we saw, i think, is due to fear from letting the price leave these lines of resistance. Inside the the purple is what...

W40kProfit

I first found macro trends using sin waves then took bar patterns that would best fit the waves in the future. I hear that 2008 never fully played out and crypto was developed to act as a reserve pool to trap retail buyers during the technology's genesis. I have no doubt crypto will be utilized in the future, as globalization will require a quick payment system...

W40kProfit

Assuming a recession is near, if monetary needs grow in desperation people WILL exit crypto. Especially firms. Then, when the bottom is in, it will become a social norm to invest in btc. Can you take the pain?