Northstar69

Northstar69

Using multiple 'weight of evidence', Fibonacci, measured moves, support/resistance, distance from moving averages etc, this is what I consider to be the most likely outcome in the next few years.

Northstar69

A new era for precious metals is emerging. We can expect to see many years ahead with gold and associated precious metals investments outperforming the stock markets.

Northstar69

After more than 10 years in the making, our cup & handle is ready to take gold beyond $2500 in its initial move to the upside.

Northstar69

The analysis clearly shows commodities have broken out versus the stock market and a new trend has begun.

Northstar69

If it can push above the $35k resistance level, we can begin to have a much higher degree of confidence.

Northstar69

With Bitcoin & Ethereum breaking down, it's no surprise to see total market cap doing the same. A rejection at key overhead resistance is never good. Being below the 3-year ma and Ichimoku Cloud is never good either. The path of least resistance is currently to the downside. There simply isn't enough weight of evidence to turn bullish at this point. I know there...

Northstar69

As with Bitcoin, I'm struggling to see why everyone is so bullish here...

Northstar69

I know that everyone seems to be bullish on Bitcoin, but I'm just not feeling it. An unbiased, objective analysis shows a pretty clear breakdown.

Northstar69

I posted this chart on social media as it was breaking out and highlighted the target level. We can now see how the price moved. The target was reached as expected.

Northstar69

This chart illustrates the way uranium miners are attracting more and more of the money supply. This is very bullish for uranium.

Northstar69

Just a few adjustments to my previously published chart

Northstar69

A lot of evidence on this chart, but it summarises my overall expectations.

Northstar69

An arc in the making ? Attempting a breakout of a bullish, descending wedge.

Northstar69

Bullish descending wedge is in play, and a move above about $0.50 will activate a target in that overhead resistance area.

Northstar69

The important support levels are shown, but this could be the start of a turn around. More evidence needed though.

Northstar69

Interesting reaction as price hit the edge of my arc. It’s up 13% as I write this…

Northstar69

Pretty much all of my crypto charts are hanging by a thread, but are not yet broken completely. Here’s another example. Stellar Lumens is still withing my arc, after hitting it and bouncing up. As long as we stay above about $0.20, we’re still on track. Only time will tell of course.

Northstar69

IF that support were to fail, it’s bombs away, BUT it hasn’t failed yet. Need to regain that 12-month moving average (currently $11.07 and rising). IF that happens, it suddenly looks all very normal and very bullish.