dildoSchwaggins

dildoSchwaggins

Long. This company owns clothing companies like Vans, Timberland, Dickies, Jansport, etc. ~4% dividend.

dildoSchwaggins

I've been pricing everything I look at in Gold lately. Since you don't want to hold USD, it doesn't make sense to denominate things in USD. The inflationary nature of USD screws everything up in regards to purchasing power, so I have been pricing everything I look at in Gold and see very different charts.

dildoSchwaggins

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dildoSchwaggins

Looking at the history of Bitcoin, I've noticed a clear pattern - the 53 RSI is the bear/bull line on the weekly chart. Historically, we can see that as long as Bitcoin holds above the 53 RSI, BTC is bullish. We are currently holding at 54. Keep in mind, the RSI line could bounce up from here only to fall back into the same range in the next weeks and months. This...

dildoSchwaggins

Bitcoin weekly

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Bitcoin Cash Monthly Chart

dildoSchwaggins

Things are getting exciting.

dildoSchwaggins

Hopefully it can reclaim the trendline and it doesn't become resistance. Needs a big move up

dildoSchwaggins

There are 2 levels of strong support, $26 and $30. There is a trendline. There is an unfilled gap between $36-38. I'm excited about this stock for the long-term, but if $26 breaks I will reassess. In the meantime, I am accumulating.

dildoSchwaggins

Expecting a possible retest of $20 support

dildoSchwaggins

One strong move up and we'll break out of the years-long descending channel, right as the monthly MacD is about to finally flip bullish. However, it's a long way down to the bottom of that channel if it breaks down. I can only imagine how much money is waiting on the sidelines waiting for a bull market to be confirmed before plowing in, coupled with the fact that...

dildoSchwaggins

The question is, are we in a reversal pattern or a continuation pattern? I believe we'll see this pattern break downwards. Also, the MacD appears to be running out of steam soon

dildoSchwaggins

Broken trendline on monthly timeframe. I want to keep an eye on this over time

dildoSchwaggins

Trends tend to last many months - they don't switch back and forth on a monthly basis. The MacD on the BTC monthly chart is now RED. The scary part is it has only just begun. I have no idea what price could possibly fall to, but I'll be saving up my boomer bucks for my next long

dildoSchwaggins

BTC already bounced below the 50% retracement once and looks like it wants to test it again. MacD histogram has not changed to green yet. Weekly candle has closed under the 200-day moving average after a brief spike above it. Waiting on the sidelines for now.