Economics
XMR/BUSD Expanding PhaseMonero (XMR) is setting up for a bullrun, just created its second wave of expansion to the upside, holding higher with huge demand, still without making any significant correction, which soundly demonstrates that the market's appetite for Monero is at its very early stages, as central banks keep on steamrolling their stimulae packages, printing money like there's no tomorrow, governments cracking down on fiscal havens, setting a worldwide minimum tax rate, public-blockchain heavyweights like Bitcoin (BTC) & Ethereum (ETH) getting increasingly discredited by those who see their every transactions tracked by IRS or its equivalents, due to conventional banking institutions reporting "know your customer" (KYC) details to the US authorities for tax-evasion mitigation, under the pretense of "anti money-laundering" (AML) & "combating the financing of terrorism" (CFT), which are all state measures to curtail individual liberty and force people to acquiesce to the forced wealth confiscation that conventional finance is accustomed to uphold, all of which is defied by Monero and other privacy cryptocurrencies.
Bitcoin We Must Hold Above $40,000If Bitcoin ain't happy nobody happy. We have a nice wick touching the .382 at around $42,500. Another re-test of this area is crucial after we wicked down here during the September 7th liquidation crash. Looking for a bounce and to hold above $40,000. If we cant hold above $40,000 - $42,000 with the negative momentum then $37,000 is are next area of support. However we're getting very oversold on our 4 hourly time frames so we may get a bounce in the days to come. On our daily strength indicators we still may have a little more sell pressure to come. The market is pretty darn neutral.
Much peace, love, health, and wealth!
Resistance: $48,800
Support: $42,200
Visa Not Looking So HotMore on this later, but the chart indicates weakness. That said, I am not sure what to make of the bear wedge just yet. Does this lead the entire market lower? Do we go sideways for a little while and then take off higher?
For now, really interested in the price action at $214 and will continue to monitor.
COVID-19 - Evolutionary Curve ForecastIdea for COVID-19:
- We believe that the fight against COVID-19 has entered the mid game.
- Can COVID-19 be beaten in the game of evolution? We think so. Viruses are rational actors, and will behave as a population in the interests of their evolutionary fitness.
- While the media's narrative of "wave 3" of COVID-19 has spread and is widely known, Motive Wave 2 of COVID-19 will begin in June 2021 (new wave 1 2 3), which will end at the end of 2022.
Speculation:
- Global vaccinations and pandemic responses have introduced strong selective pressure on the virus since the beginning of the year.
- From summer to the end of the year, the virus will select a new dominant variant to dominate.
Expectations for the end of Motive Wave 2 (2022-2023):
- Uncontrolled Growth: 1.3 Billion+ infected, 21.8 Million+ deaths.
- Infectivity and Vaccine resistance: 900 Million+ infected, 21.8 Million+ deaths.
- Lethality: 470 Million+ infected, 16.4 Million+ deaths.
- Severity/and or Vaccine resistance (without infectivity): 320 Million+ infected, 10.9 Million+ deaths.
- Successful Vaccination: Infection should drop rapidly, but 5.4 Million+ deaths.
To model total deaths , we fit the % curve of the moving average:
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Affirm - Ponzi Pump - Blowoff Top After Double TopPonzi Pogs collapse. With RENT coming due for the nation, the DOLLAR HUNTERS will be out en masse. Only #thegems provide exponential returns now. QUALITY after Covid. Find them and you've beat Mr. Market. Congrats. *valuation matters in rising rates environment. Forward P/Es will get smacked. Profits and Growth today matter most. Hold for Broke, Poggers
#defi disaster
Go Brave Browser!!! $BAT.X.
Digi Dollar wins.
McDonalds Ponzied - Rising Rates Environment - Volume MIAAlways up. Buys only. Bla Bla. The MCD in our town just upgraded to a double lane drive thru. Is that a clue? Large caps gobbled up all the smalls. I liked our mom n pops too. Shame. MCD ate them all. So sad. Time to pay their fair share! Corporate tax rates will get the hike they deserve.
*Revenues from abroad. Shipped from abroad. Expenses abroad. wow. Milkshakes on backorder from where??? Shame.
Large cap Stonks. Hold for broke in a rising rate environment.
Go small Caps!! #MSOgang
AUD Versus NZD: A Fundamental Outlook and TradeFundamentals:
It has been a hawkish month for the Reserve Bank of Australia. The recent meeting suggests that their guidance ramps up into a more hawkish tone. Both monetary and fiscal policies are aussie positive, so far. One thing I keep in mind is their fiscal policy in response to the current covid-19 lockdowns.
I believe that the Reserve Bank of New Zealand is overly hawkish, given their currency price. For the next few weeks, the AUD currency give us a more underdog positioning to exploit versus the NZD currency.
Technicals:
(1) Monthly support
(2) 61.8% fib
(3) Oversold indicators
(4) Divergence
(5) RSI at extreme levels
Daily:
Weekly:
GBPJPY H4 - Long SetupGBPJPY H4
Recently bloodbath for these ***YEN pairs, but we can simply follow our trading zones and see where we start to exhaust and trade the corrective move up to the previous zone.
AUDJPY looking very similar to GBPJPY. Using 80.00 psychologically number and previous low as support.
Curaleaf #MSOgangBullish on MSOs. *valuation matters. $GNLN #thegem
#cannabisboom2021 JOBS & JUSTICE
#cannabisreform
$SPY - S&P 500 - Crash & Burn - Blowoff TopComplaceny kills. Rising rates are great for small business. #cannabisreform JOBS. $GNLN #thegem
Stonks & Crypto Ponzi Pogs collapse in rising rate environment. They've already *hyperinflated. You know, those things like $BTC & $TSLA that just always go up.... 'cause PE a kabillion in year 3000. LOL
Earnings TODAY matter. Pay off your debts #storytellers!!!!
#POOF
GO USA #MSOgang! #potstocks
Greenlane Holdings - Double Bottom - Cannabis Reform LegislationIf this $30 stock double bottoms on a dollar..... All-in!
Epic Economics. Mr. Market presents opportunities. Not of the Crypto Ponzi Pog type. It's #cannabisboom2021 time.
$GNLN #thegem
It's IPO was $17 in April 2019 and hit $29 same day.
They're twice as big when Kushco Mega Merger is completed. Anything under the IPO will be a steal.
Elon's $DOGE pup #failarmy stole #420day. We're taking it back.
Cannabis Saves Lives.