January Report: Straight into action on Jan 5-7. I-H&S in play?
Updated
I would like to thank, each and everyone at Tradingview for an amazing collection of smart, passionate and committed traders around the world. I wish everyone happy New Year, and together: lets make Crypto Great again in the year of our lord 2019 ;)
Back to chart:
We started 2018 with a Head & Shoulders, and ever since that fateful event, it has been one hell of a ride all the way down to hell.
What is most interesting, is that we can end 2018 with an Inverse Head & Shoulders and start 2019 on a brighter note, and hopefully we can carry the flag out of the dark ages of 2018 and into the light and hope for 2019-20.
Still, with fractal rally occurring on Dec 13, & Dec 17, we are going to assume that my fractal pattern indicator has been working quite consistently across the crypto markets. And the next one will the next weekend Jan 5-7.
Rant starts:
It is obvious to assume that the stock market has entered the bear market and volatility has increased and not going to go away anytime soon.
The outstanding corporate debt, personal debt, student debt, government debt is all going to hurt the global growths.
Let me remind everyone here WHY crypto was created in the first place.
http://www.usdebtclock.org/
Now, i know we got a lot of numbers here. I want you to look for NET interest on DEBT in the Budget items it is on your left.
So USA is now paying an annual $335 BILLION! on interest alone, and all the wise FED is increasing its rates. We now pay more on interest than on Federal Pensions, or Income security. The long trend projection for anyone with even a bit of gray cell can tell you that the good old US is screwed beyond measure.
So imagine for a second that 2018 and 2017 is the best that corporate earning can do and the market conditions were ideal. But now the economy is going to start to slow down, as the debt with an increased interest is going to bite you in the arse. Eurpo is not going to come together peacefully or willfully. China will continue to pose national security threat to USA through means of espionage and cyber activities.
So what you are going to get, is a major Recession the likes we have not yet seen. And the only way out, and the only way to restore economy is through crypto. I don;t see any other practical way to stop USA to go broke in the next 10 years, other than to start WW3. And however, awesome crypto is. Still not going to be enough to prevent the inevitable.
Your only hope now, is that somehow USA is going to generate and extra income of hunders of billions of dollars with a sudden reversal in foreign or domestic policies: such withdrawal from NATO and removal from Middle east and new trading deals that will generate revenue to the USA. None of those things come easy or cheap without sacrificing some world stability. Because Raising new taxes will have negative consequences on the rest of Americans.
Consider how USA is politically divided, that we can;t build a wall on OUR OWN border. It tells you everything you need to know about the current state of affairs in Washington.
Returning to chart:
I am still developing it and doing my best to interpret complex market price actions. Here are some of the more successful events that occurred using this indicator Prior to December:
And want to close with an obvious mistake.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
Back to chart:
We started 2018 with a Head & Shoulders, and ever since that fateful event, it has been one hell of a ride all the way down to hell.
What is most interesting, is that we can end 2018 with an Inverse Head & Shoulders and start 2019 on a brighter note, and hopefully we can carry the flag out of the dark ages of 2018 and into the light and hope for 2019-20.
Still, with fractal rally occurring on Dec 13, & Dec 17, we are going to assume that my fractal pattern indicator has been working quite consistently across the crypto markets. And the next one will the next weekend Jan 5-7.
Rant starts:
It is obvious to assume that the stock market has entered the bear market and volatility has increased and not going to go away anytime soon.
The outstanding corporate debt, personal debt, student debt, government debt is all going to hurt the global growths.
Let me remind everyone here WHY crypto was created in the first place.
http://www.usdebtclock.org/
Now, i know we got a lot of numbers here. I want you to look for NET interest on DEBT in the Budget items it is on your left.
So USA is now paying an annual $335 BILLION! on interest alone, and all the wise FED is increasing its rates. We now pay more on interest than on Federal Pensions, or Income security. The long trend projection for anyone with even a bit of gray cell can tell you that the good old US is screwed beyond measure.
So imagine for a second that 2018 and 2017 is the best that corporate earning can do and the market conditions were ideal. But now the economy is going to start to slow down, as the debt with an increased interest is going to bite you in the arse. Eurpo is not going to come together peacefully or willfully. China will continue to pose national security threat to USA through means of espionage and cyber activities.
So what you are going to get, is a major Recession the likes we have not yet seen. And the only way out, and the only way to restore economy is through crypto. I don;t see any other practical way to stop USA to go broke in the next 10 years, other than to start WW3. And however, awesome crypto is. Still not going to be enough to prevent the inevitable.
Your only hope now, is that somehow USA is going to generate and extra income of hunders of billions of dollars with a sudden reversal in foreign or domestic policies: such withdrawal from NATO and removal from Middle east and new trading deals that will generate revenue to the USA. None of those things come easy or cheap without sacrificing some world stability. Because Raising new taxes will have negative consequences on the rest of Americans.
Consider how USA is politically divided, that we can;t build a wall on OUR OWN border. It tells you everything you need to know about the current state of affairs in Washington.
Returning to chart:
I am still developing it and doing my best to interpret complex market price actions. Here are some of the more successful events that occurred using this indicator Prior to December:
And want to close with an obvious mistake.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
Note
Looks like Jan 7th is fireworks..Note
Next Fractal is Jan 27Note
IF you have not yet noticed, but a lot of ALT coins are spiking 10-30% in a matter of hours! WHy you ask, what is going? Is this another pump and dump schemes..Well, actually - NO. What we have now, is absofreakinlutely bottom alts. Those that have shorted the alts, pushed the price SO low, and bulls have abandoned their cherished projects by so much, that we now in a crypto SQUUUUUUZE in the making.
IF you look carefully at level 2 bid and asks, on a lot of coins, you will notice an absolute void of volumes in terms of ASKS in a lot of coins. 1 bitcoin purchase can move the price by 10-20% alone. Because the crypto has effectively died for a lot of alts. There is nothing left to short or sell toward to.
Let's imagine that BTC has indeed gone back to 3k now, or lower to 2k. Do you understand that if that is to happen. The alt coins, will literately be absolutely worthless, most of them already are.
This means, without an upward momentum from BTC, We can't go lower, we have to have an upward moment of the crash to resume, otherwise, a flat-line, with spike of 10-30% is going to make any shorter pause, and more likely to cover than anything.
We are literately don't have the enough BTC liquidity anymore in the ALT coin world. Sure, we have some MAJOR alts like TRON and ETH, LTC and DASH, XRP that has the necessary liquidity for trading to operate normally. But the rest of the crypto not so much.
The actual reality is after the 50% btc crash, the entire alt market died, or rather return to 2015-2016 in terms of the dollar value in some cases.
I claim, that we are about to witness the alt coin SURGE rather.
The excitement of crypto is in the price action and opportunity. Well, that dried up pretty quick, thanks to BTC dependency. Now, though, I expect more spikes, more flat lines. But a lot less downward action.
If i am wrong, then damn, a drop of another 40% across the board in value for block chain is going to hurt a lot.
So alt coins are going be absolutely worthless at that point, and we are back in the making of 100x folds. SO it is like, I guess, thank you for this awesome crash. We are going to get the cheapest possible price ever.
So long term for Crypto traders this is a win win situation. So take your time, start thinking about the end of 2019, instead of end of next week.
This is the greatest accumulation moment in history for crypto once again. So please, sell every btc u got for $. Because smart players will be accumulating hard now. The harder you sell the more they will buy on leverage.
And if we do push the price below 3k, oh god have mercy on alt world.
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
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