futuremihai

futuremihai

As Ethereum moves to proof of stake, the proof of work infrastructure won't just disappear. Many will move to Ethereum Classic, as it is the original Ethereum protocol without developer interference and chain rollbacks. All it takes is for one popular TikTok trend to start saying that you can buy Ethereum at sub $100, $200 or whatever the price is, and people...

futuremihai

Made a traditionals investment into JNUG - junior gold miners, at $61. Gold next leg up is coming right now. Only thing that could stop this thing is a black swan. If Russia gets pushed into war by the NATO, they could potentially sell some reserves to raise cash; other than that, I see no other outcomes where gold can possibly go down from here.

futuremihai Updated 

CORE has a ton of locked liquidity. This liquidity can't leave; it's smart-contractually bound. There is a total of 10,000 CORE supply and 7,200 of it are presently locked in the liquidity pools. Assuming a max of 2,800 more CORE hitting the market (impossible), that would lead to a ~20% price drop against ETH pair. We're going to assume about 1,000 more...

futuremihai Updated 

Sometimes all you need is a dead coin with no real fundamentals to make people real mad.

futuremihai

Some people are going to be sad soon seeing the "dead chain" pass their favourite chain in marketcap!

futuremihai

Dropbox has a similar fate to Slack (WORK). The downtrend is over. Probably.

futuremihai

We look at price action and try to assign it narratives, but in fact... You should just ignore the noise and look at the bigger picture.

futuremihai Updated 

Don't get run over by the long train, meanwhile. Just be aware of the possibilities. How is it possible that big caps are doing better than small caps? They require MORE liquidity to achieve the same returns. Stay tuned.

futuremihai Updated 

NZDCHF getting ready for a short. Severely overbought on the 1D, 12h has a bear divergence, 6h 4h 3h all have bear divergences, just waiting for lower timeframes to print bear divergences before setting up a short. This should be close to the absolute top, 0 drawdown. If it really wants to get over extended it can go to the next node near 0.786 (but highly...

futuremihai Updated 

Hope you survived.

futuremihai

BNB coin burn happening on ~October 15th. The vertical lines are where the previous coin burns were announced. Binance is most likely accumulating the BNB they are going to burn at the bottom, not buying the top. Yellow arrows all show similar bottoms that have a similar pattern; double/triple bottom and then pump. They are all about one and a half months...

futuremihai Updated 

Short/long ratio is ridiculous. Soon the bulls will be back.

futuremihai Updated 

A few things make me bearish on NVDA: 1. It just double topped (blue line), and 2. Broke down from its long term ascending channel (yellow line), 3. Broke below the Ichimoku cloud, lagging span about to confirm. 4. Overextended bull run from April 2017 5. Smart money index showing a decrease even with increasing price, and then eventually with decreasing price,...

futuremihai Updated 

TRIGBTC has caught my eye. Most historical data isn't available here, but if you look on CoinMarketCap you'll see it's about to begin the next p&d fractal. Horizontal lines are targets. I sold my XLM early, not getting shaken out this time. Massive accumulation on this thing.

futuremihai Updated 

Bullish on Bitcoin Gold. Firstly, I look at the point of control and I have tears of joy. The smart money has bought in, so I didn't catch the exact bottom...but relatively close to it still. That high volume we just broke out of is a signal that it is now going to act as support on the retrace. It should be smooth sailing till $110, with a minor bump at...

futuremihai Updated 

This is a different kind of analysis than most people usually do. Sure, if you're not a believer of conspiracies you may not believe this. But I believe everything I wrote on this chart. Around October to November is when Bitcoin mania started, the bullrun really overextended itself like we've never seen before. I used Coinbase for this chart because it's 1. A...

futuremihai Updated 

NANO confirmed breakout of midterm downtrend (since March 1st). Watch for price suppression and manipulation, look at order books on both BTC and ETH pairs before making a decision (saw a 1000+ ETH sell order just now and there was nothing on the BTC pair). I entered a position at 78000 sats, I don't recommend entering now; it's better to wait for a pullback since...

futuremihai Updated 

XLMBTC seems to have just broken out of a mid term downtrend channel that started on January 26th. This, along with the RSI showing some bullish divergence (green lines), has made me eager to enter a position. I will be entering a small position upon a confirmation of close of above 3000 sats on the daily. We are trading at this range for two weeks now, signaled...