UnknownUnicorn1038536

UnknownUnicorn1038536 Updated 

Thing change over time, but oh well. This looks like the current panorama. I got into ELF because I think the concept is interesting and the team is working around the clock to deliver. P.s.: Posting because Pope wants a play button.

UnknownUnicorn1038536 Updated 

Thoughts on Growth 1. People keep asking me: "when will the bubble burst?" But my answer still is, "Bitcoin isn't a bubble". Maybe as a young creation, it still reacts strongly to its market. On the bottom right, GOLD 0.79% is charted in yellow. Bitcoin in blue. Despite the size of the swings, trends move in the same direction. Considering that gold 0.79% can...

UnknownUnicorn1038536 Updated 

On this publication I want to address two topics. First, the free money meme, which is honestly annoying. The second one is the short itself. People seem to see Bitcoin Cash as free money which landed on their wallets. But that doesn't actually make sense. You can't create wealth out of nowhere, as far as I know. The Bitcoin Cash fork created a second chain of...

UnknownUnicorn1038536

No one cares about a single user. In fact, this post will probably be the most ignored one I ever make, or even banned. I've been into trading for almost 2 years now. I learned a lot and met a lot of people. What I learned, however, is how selfish and crooked people truly are. The moment someone sells and quits, he is gone as a friend. It makes me wonder if it is...

UnknownUnicorn1038536 Updated 

DXY vs ETHUSD. Self-explanatory.

UnknownUnicorn1038536 Updated 

There are some fractal charts floating around that I think are trying to overfit what they see. Similar to the ETHUSD chart, but more mature, BTCUSD shows how stocks and crypto are intertwined. This is especially clear post Mt. Gox and the 2015 WS slump. You can even see that the worst days for WS were also crashes for BTCUSD. We know two things: Bitcoin was born...

UnknownUnicorn1038536 Updated 

Never stop believing

UnknownUnicorn1038536 Updated 

Upvote and share.

UnknownUnicorn1038536 Updated 

Your daily dose of hopium is here. Maybe the reversal took longer than expected, but better late than never.

UnknownUnicorn1038536 Updated 

"The dollar is too strong", Turkey sick with hate, useless American college grads with trillions of debt, and a double top incoming. Buy crypto by the way.

UnknownUnicorn1038536 Updated 

Don't take this chart too seriously. This is more or less how I would guess the bullish scenario would happen. inb4 we break down back to 120

UnknownUnicorn1038536 Updated 

ETH has tested it's final support- breaking it would probably push traders to sell down to high 200s. The horizontal line above the candle has the same length as the previous bear market of ETHUSD back in 2016. Most conditions are similar regarding TA. Although it is very tempting to take a position, even if it breaks, we are still at the mercy of market makers....

UnknownUnicorn1038536 Updated 

After a while of posting general thoughts on crypto, here I am again with insight beyond TA. Considering crypto is relatively small, messing with TA indicators while volume is weak isn't a hard task for a millionaire. When crypto reaches these kind of volume "deadspots", the same amount of dollars has more power. I marked on the chart how at the vertical line...

UnknownUnicorn1038536 Updated 

On the last chart I mentioned that XMR could have broken upwards if the downtrend was beaten. Unfortunately, this was not the case and the 50% retrace took place instead. While the support was broken, XMR has been tightly trading around that level, 140-160. If we combine the general setup now and assume market manipulators have filled up their bags, a series of...

UnknownUnicorn1038536 Updated 

Now that the ELF chart has matured, the Fib levels have been revealed. The strong/stable levels are • 0.5 USD, • 1 USD, • and 2 USD. (No surprise) The magnetic/unstable levels are • 1.7 USD, • 1.4 USD, • and 2.33 USD. As mentioned in other charts, a market wide 50% retrace has been set up. It seems many alt are on supports which would fall 50% until bouncing....

UnknownUnicorn1038536 Updated 

OKAY, THIS IS IT. I'M FED UP WITH THE BUBBLE TALK. STILL MAKING ANALOGIES TO THE DOTCOM BUBBLE? LOOK NO MORE. HERE IS THE CHART YOU WANTED TO FIND. NOTE: I'VE ASKED MY DAD WHO WORKS AT NASA. BITCOIN DOES **NOT** HAVE HOUSES.

UnknownUnicorn1038536 Updated 

There are core scenarios: one option is a repeat of 2018-03-19. With a similar indicator layout, the price dropped from the 208 USD fib level down to the full retrace at 160 USD. However, the setup has minor, yet relevant differences. Back in March, Ichimoku had not a chance of looking bullish. Today the price is inside the cloud and the trend lines still have...

UnknownUnicorn1038536 Updated 

All in all, I'm bullish on ETH for the midterm and longterm. This last run, however, has gone up too quickly. I believe that ETH hadn't been suppressed at 300 USD, but instead it was a natural price where miners and traders agreed on prices. In the last few days miners have "raised" the price, so traders are probably barely catching up. This triggers a sharp...