eloquentplatypus

eloquentplatypus Updated 

BTC.D has just tested the .618 of its December 2020 long term high, December 2020 marked the beginning of the 2021 alt season. Its December 2020 long term high is the .618 from December 2016, December 2016 marked the beginning of the 2017 alt season. BTC.D's weekly RSI has entered overbought levels while forming bearish divergence similarly to the December 2020...

eloquentplatypus

Retest of August low, possible double bottom. Good r/r for spot buys here. A project with high potential. $177 million fully diluted fully diluted valuation.

eloquentplatypus Updated 

Bear and hidden bear on DXY daily. BTC backtest of resistance trend on log. BTC backtest of 200 daily. Heavy realized losses showing on SOPR. BTC oversold on daily RSI. BTC hidden bullish div with New Year's bottom on daily. PA since New Year looks like a Wyckoff SOS then LPS.

eloquentplatypus Updated 

AllianceBlock is building the future of finance by creating a protocol that will bridge DeFi (Decentralized Finance) and TradFi (Traditional Finance). In TradFi this will enable institutions to save costs by eliminating regulatory and technological inefficiencies they currently face and enable them to take advantage of the new opportunities presented by DeFi. It...

eloquentplatypus Updated 

Bullish divergence on weekly and hidden bullish divergence on 4 hourly. Final shakeout under and back test of 2018 TOTAL all time high. Rally on Bitcoin dominance anticipated.

eloquentplatypus

TOTAL is on major fib support. EUR strongly correlates to TOTAL and EUR looks like it has bottomed. TOTAL's weekly RSI is close to its all time low. There is hidden bullish divergence and a falling wedge on TOTAL's weekly RSI.

eloquentplatypus

Every ten years M2 roughly doubles. Current rates of money supply creation do not appear to be unsustainable. Runaway money supply inflation can only occur if the rate of money supply creation accelerates long term, i.e. M2 forms a parabola on its log chart.

eloquentplatypus

Are we seeing a divergence? I doubt it. I think the 10 year bond yield is acting as a leading predictive indicator for BTC. Perhaps we see further tests of supply around this level like in June/July however I expect a reversal sooner rather than later.

eloquentplatypus

The 1.618 fib of the last rally is also the 0.618 retracement fib (not shown) for the current retracement. AllianceBlock is building the future of finance by creating a protocol that will bridge DeFi (Decentralized Finance) and TradFi (Traditional Finance). In TradFi this will enable institutions to save costs by eliminating regulatory and technological...

eloquentplatypus

$12 million market cap. Looks like the bottom is in for the current retracement.

eloquentplatypus

Highly speculative :) Wishing you a merry alt season, cheers!

eloquentplatypus

A coin with excellent fundamentals. It looks like its btc pair is currently printing a long term bottom.

eloquentplatypus

Forming support on what was a multi-year resistance. A 21/50 weekly golden cross is forming.

eloquentplatypus

I don't see much more downside on HBAR, looks like a promising project too.

eloquentplatypus

21 MA and 50 MA death cross on 4H XRPBTC. XRPUSD about to break down from 4H 50 MA support.

eloquentplatypus

Significant resistance at the 1.618 fib and previous ATH level. I anticipate pullback to the 21 weekly before continuation of bull market.