emergency rate cuts coming soon
unemployment 4.3% - exceeded fed projections
vix > 28
Nikkei crashed
Jobs report 💩
stay long my friends. We live for that god candle.
We should see #btc 90K soon
Injections from 2 major central banks. US and China. Estimated 400B from US and 140B from China
Doing cycle analysis, since 2020, China been a injecting massive liquidity from Jul 01. For 2024, tho data not out, immediate data shows massive revision upwards. By month's end, should reflect in the chart.
US liquidity is shows a clear bottoming, massive spike up. Any lower and it would have broken the economy.
All charts showing a clear bottoming. We are entering a phase of up-only soon. Did you add at the bottom? 🤩 When it's time to fear, I'll sound the alarm. Else I hope my tweets have kept you long.
Retail will always be left behind. On chain is dead. Bottom = no attention. Study chart.
Eth ETF in 2 weeks.
Exponential summer
The market can stay irrational longer than you can stay solvent.
My public portfolio went from 500K to 1M to 2M to 1.3M to 2.1M to 1.3M. So damm hard as I'll never dump on my followers. But HARD IS GOOD. NOTHING GOOD COMES FROM EASY. GOD REWARDS PERSEVERANCE. TO VALHALLA
Markets will test you. Same as life.
The state of certainty never constant. For sure never giving you an easy handout. Nothing good comes from easy.
It's our job to pass the test, embrace the pain and emerge from the fire. I see Valhalla beyond the flames. Do you?
How to read my charts in more detail?
1. Red candle —buy
2. Yellow candle —sell
3. Whales (red bars in the 3rd box) need to reach 50 %for the stock to run and 75 % to surge
Whales can both accumulate and distribute.
The longer the red bars, the more whales—a bullish trend
The shorter the red bars, the less the whales—less bullish
4. Retails (green bars). The more the worse. For a stock to run, we shouldn’t see any green bars.
The more green bars, the more likely the stock is going to drop
When you see a decrease in the percentage of retails over the past few days, weeks or months, it can also be a reliable signal that the stock is bottoming out.
5. Yellow bars are daily traders, which we don’t need to care
6. RSI around 20-30 is oversold and it may be a buy indicator whereas RSI above 80-95 is usually a sell signal. I like to use 3 sets of RSI and compare the previous lows as a signal to predict the bottom price. When 3 sets of RSI curl up, it’s usually bullish and vice versa.
@chickengenius $OLAS sucks, the supply is too large, the FDV is insane, the unlocks are too soon, the tech is bad, the whole thing is a scam. No exchange listings either so I cannot short it to 0.