(ETH) ethereumcustom indicator that seems to predate the price of cryptocurrency. right now the indicator line is doing nothing. will the line increase before the price does? the image also looks like its flipped horizontally. is the past now? what if the entire cycle of ethereum has already happened and we just don't know it yet? Like, what if ethereum as a computer system already knows what's going to happen so the price chart is a discovery of what is already known.
*same as the previous BTC chart for reference to compare the two.
Legend
(BTC) bitcoinnot sure what I created here; the indicator line shows slope information that leads before the price increases in the future. may have something to do with the halving and reduction in BTC. the green line decreases as the price grows in the same way a previous chart prices look smaller as the price reaches higher. the only difference here is that the graph lines are happening before the price of BTC peaks, odd. ...now I have to wait to see if the indicator line changes dramatically ahead of the price of BTC...
TIME TO LONG FOR BTCBtc currently trading at 39300
And There is RSHS Formation for now
We have minor resistance in 41500, may be re-test in this level
After I am waiting for 46000
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The One Coin to Rule Them All - Chapter IIHello Crypto Compatriots,
It has been quite a while... Glad to be back.
Tears fill my eyes as I gaze through the ranks... So many comrades have fallen. The 2018 bear market has taken more than lives, it destroyed hopes and dreams.
Some unfortunate soldiers have given up on the their ideals, forgetting the possibility of a brighter future, one where Bitcoin overcomes the fiat tyranny.
And there are the ones who stand... You... You and You! The braves are still among us.
Whether you are a weathered veteran who already knew the tune, or a first timer, blue and angry, fear not!
It is time to reload, level up, and walk proud, as the story is far from over.
The honey badger may be beaten up and weary, but he's still standing.
Speaking of Badger, let's see what future lies for our broken hero.
Bit followed the long path at the feet of Mt King, too tired to climb, and still determined enough not to give in the sands of the desert of despair. He walked straight for as long as he could. Unfortunately, the road came to an abrupt end. A wall of rocky mountains stood firm ahead, forcing Badger to change directions. His only option was to head south, getting dangerously closer to the dreaded Reklands. home of the infamous Lord Rekt.
Here is the lay of the land:
I - Above 10,000 - Forbidden Eden
Beyond the green fields and pastures of the open plains lays one of the most enchanting region of Bulltardia. The Forbidden Eden is its name. Every crop harvested from its soil yields more than any other soil, and the fruits that grow from its trees have a incomparable sweetness. Would Bit reach the Forbidden Eden, he'd be able to rejuvenate and regain the strength that was drained by his bearish journey.
II - 10,000 - Wall of Ten
Erected by ten thousand men, the wall of ten protects the Forbidden Eden from Lord Rekt's army and other unwanted intruders. Bit will have to find a way through the weall if he wants to reach the Forbidden Eden, either via the gates or over the wall.
III - 6000 - VanEck Pass
The VanEck Pass is the safest and easiest way to cross the 6K rockies. Unfortunately, the pass is easy to miss and most of the roads that lead to it are in fact straying deeper into the valley, delaying voyagers with twists and turns.
IV - 2900~6000 - Valley of Confusion
Any adventurer who sets foot in the valley is immediately covered by a mantle of thick fog. Soon after, they will abandon their sense of logic and perception. It is said that the fog is nothing else but dangerous fumes of Hopium, released by the many geysers peppering the ground. Would Badger stay too long in the area, he might have trouble remembering which way to the moon, or even worse, why he came here at the first place.
V - 2800~2900 - Blood River
Legend goes that the river was dug by the hands of Lord Rekt himself, who then poured in its bed the blood of its victims. The river cascades into the great abyss to feed who-knows-what-lies-down-there.
A crossing boat (and toll taker) awaits at 2880. Let's hope the price to be too high for Badger to accept the ride.
VI - 900~2800 - Rektlands
There is nothing friendly about the doomed lands of Rektlands. If you ever pictured hell, that's most likely how it looks like, but worse. Its sovereign, Lord Rekt, feeds on the flesh and bones of the way too many poor souls that venture into those forsaken plains.
VII - 1250~1500 - The Altar of Ultimate Sacrifice
Everyone captured by Lord Rekt will be sacrificed to honor the beast. According to the lore, "One will be saved by the light of the Moon at the altar of blood". The so-called prophecy remains a myth, has no one has ever been rescued from the sacrificial knife. Once killed, the victims's body are consumed by Lord Rekt, and their blood poured into the sinister river.
VIII - 900 - The Last Hodler
The last living soul below known to live below 1K is called the last hodler. Even though he dwells in the land of Lord Rekt, he somehow escaped Rekt's torment by denying his existence. Years of hopium abuse have altered the Last Hodler's reality. Semi-conscious, he spends his day staring at the void of the abyss, physically lost but his mind dreaming the life of a bygone era.
IX - sub 900 - The Abyss
Nothing comes out alive from it... Nothing. And I don't want to talk about it.
Will Bit give another shot at the rockies or will he just take the path of least resistance? And for how long?
GBTC PREMIUM TO NAV WITH ACTUAL BTC PRICE OVERLAYEDGBTC PREMIUM IS GREATEST WHEN BTC PRICE IS RIPPING AND GBTC PREMIUM IS LOWEST WHEN BTC PRICE IS TANKING. GBTC TAKES THE SENTIMENT SHIFTS IN EUPHORIA AND DESPAIR AND EXACERBATES THEM, AS IT REPRESENTS A LESS SOPHISTICATED SECTION OF THE MARKET WITH LESS INVESTMENT RESOURCES. IF ONE BUYS ON A BTC PRICE DIP WHERE THE GBTC PREMIUM TO NET ASSET VALUE CLOSE TO 30%, THE EUPHORIA THAT IS LIKELY TO FOLLOW WILL SERVE AS A STRONG TAIL WIND IN THE FORM OF A WIDENING PREMIUM AS THE UNDERLYING PRICE INCREASES. MAY BE EVEN BETTER TO BUY GBTC THAN BTC ON DIPS DESPITE ABSURD PREMIUM, PARTICULARLY IF THERE IS NO BITCOIN ETF IN THE CARDS FOR THE NEAR FUTURE. ASSUMING DISCOUNT TO NET ASSET VALUE IS UNLIKELY AND 100% PREMIUM TO NET ASSET VALUE IS POSSIBLE, RISK/REWARD FAVORS BUYING AT UNDER 30% PREMIUM TO NET ASSET VALUE
Legend has it.I always find it interesting how easily people jump on hype train. What I mean by that is how many people are talking about Verge now because of its run up. Before that, everyone was talking Cardano. Before that, it was Iota. But you barely see that around anymore. What I am trying to get at is. People in this market are only looking to make gains and spread information they heard from another person. Not many validation, which is hazardous. They will hype up something only because it is a trend right now. They're the same people to not realize when something is over extended. You have to find the big players, before the play actually happens. If you checked my post on Verge before its run up (linked below), you would know that a lot of people were talking crap about it. It's like that nerd in the classroom no one wants to be friend with, until they see him do something cool. Anyways, enough ranting. I see an opportunity in this coin, as it has not got a run up like other coins. It show signs of a potential move up into 3 zones. This one will be a long hold, for at least 1 month before we see some action. People always ask me about timing, but time is not a variable I like to use. You can't predict the market, you can only try to forecast it.
Buy Entry: 10k Sat
Targets are indicated on the chart with the green box.
What are your thoughts?
Trade with care.