fenditendi

fenditendi Pro

Check my profile to see my last chart for BTC. Woke up today to see we hit the 29k support target! Always feels good to buck the trend and see it realized. Hard to tell where it'll go from here, let's first see how traders react to the support. I hold a bearish bias.

fenditendi Pro

Empty head no thoughts potential routes with no certainty for any yet

fenditendi Pro

bing chilling! i miss china so much, but who on earth would want to be there right now while the ccp is having a meltdown in international relations and covid mitigation. keep it simple, keep it free. just let the people be. a little bit of my heart will forever belong to shenyang and dandong.

fenditendi Pro

bitcoin bros seething, coping, malding, and wondering why money going down from when they fomo'ed in at 69k target has been and will be 50% retrace minimum lul

fenditendi Pro

long term trendlines and other magic squiggly lines, as well as fundamentals you (should) know about. can't wait for NFT's to shit the bed soon.

fenditendi Pro

Shame it wasn't reality. Oh well. Watching for trend break before anything. Log charts make everything so neat. Almost like they make sense.

fenditendi Pro

Why wouldn't it? Before making the costly move to renewable. Storing up insane amounts of coal and burning through them rapidly. Chinese reports are sketchy at best, so funny enough the best news comes from expats living within them. Great stories. China is bulking resources and commodities, burning through reserves to do so. They believe it's a worthwhile gamble...

fenditendi Pro

But I can't deny it is a profitable asset. With that said, I wonder how its future will be. So far it stands well as an alternative asset more than a currency; not much can be bought with it directly still. Transfer USD to BTC to grow, then BTC to USD to spend. Rinse & repeat. Also, in a "green" future, as many of us now promote (I'm an avid fisherman and weekend...

fenditendi Pro

Won't be a pretty place for us Americans in the coming decade. They're getting serious about Taiwan after taking HK - also, looks to break below this line. For something so manipulated, there's finally some pattern & reason. I've visited China twice; I absolutely love the country and her people to bits and pieces. Obviously don't agree with what the CCP is doing,...

fenditendi Pro

In Tokyo next end of June for a few weeks, anyone got recommendations for places to go and things to see? Betting COVID gone and JPY weaker.

fenditendi Pro

A half-year or so would be a good time to visit the homeland, I think. No promises how it'll do outside of the triangle. I've seen it break both ways.

fenditendi Pro

Yeah, I could see it. Dunno if it'll happen, but I definitely see it. Good setup for a pullback in the least. Given how Feds are at the moment, what stops a crash?

fenditendi Pro

Embrace risk! Brace for the storm! Etc. Weakening, last stage before arecession is commodities driven up to unfeasible prices slowing global economy. Nothing new. Just know it'll come down as fast as it went up.

fenditendi Pro

Good to be back. Oil looking great from here. Shortages all around, commodities going up. As your British friends what petrol is like now. Inflation? Check. Pending global recession? Check. Shortages in supply and transport? Check.

fenditendi Pro

First post in a long time. COVID had me too busy to do charting. Most my investments sat through in ETFS and REITs. VIX is showing same pattern as in early 2000s, 2008, 2010-11. Market doesn't like it above this line, tends to test then bounce.

fenditendi Pro

Perfect touch on top of channel

fenditendi Pro

good to be back

fenditendi Pro

Market loves to perfectly wedge for big events. AAPL ER & FOMC will decide direction. I am bearish, but as soon as the upward resistance is broken I will flip to calls.