SOL wrote: ↑Sat Feb 20, 2021 7:55 am
The dollar is very close to putting in an intermediate bottom. Once that bottom is in, the USD should rally to the 92.70 to 93.70 ranges with a possible overshoot to 94.50. ideally, that rally should appear to fail, meaning that the bulk of the gains should be lost. This is usually the trick the big boys use to kill the early bulls, as long as the dollar does not close below 89.00 on a monthly basis, the pattern will remain bullish. Then when all looks gloomy the dollar should mark a stunning rally and then we will see how well commodities hold up. If they hold up well it means that we are moving into a new paradigm when the dollar and commodities can rally hand in hand. But BTC is likely to undergo a brutal correction sometime this year and I would not be surprised if it sheds a minimum of 50% of its gains from its high to as much as 70%.
USD currently @ 92.41, and BTC has already fallen over 50% from its highs this year.
I gotta get me one of 'em Sol crystal balls, and some new tea leaves off Amazon.
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
SOL wrote: ↑Sat Feb 20, 2021 7:55 am
The dollar is very close to putting in an intermediate bottom. Once that bottom is in, the USD should rally to the 92.70 to 93.70 ranges with a possible overshoot to 94.50. ideally, that rally should appear to fail, meaning that the bulk of the gains should be lost. This is usually the trick the big boys use to kill the early bulls, as long as the dollar does not close below 89.00 on a monthly basis, the pattern will remain bullish. Then when all looks gloomy the dollar should mark a stunning rally and then we will see how well commodities hold up. If they hold up well it means that we are moving into a new paradigm when the dollar and commodities can rally hand in hand. But BTC is likely to undergo a brutal correction sometime this year and I would not be surprised if it sheds a minimum of 50% of its gains from its high to as much as 70%.
USD currently @ 92.41, and BTC has already fallen over 50% from its highs this year.
I gotta get me one of 'em Sol crystal balls, and some new tea leaves off Amazon.
Excellent find Yodean, helps as I do trade commodities!
The person without the Spirit does not accept the things that come from the Spirit of God but considers them foolishness, and cannot understand them because they are discerned only through the Spirit.
Yodean wrote: ↑Wed Jun 30, 2021 5:58 pm
USD currently @ 92.41, and BTC has already fallen over 50% from its highs this year.
I gotta get me one of 'em Sol crystal balls, and some new tea leaves off Amazon.
You do keep a good eye on things or you have an excellent memory. One of the traits to be able to determine trends is to look at a picture through the eyes of a child. Don't think it has to correct or why has it run up so much or this person is saying this and that one is saying that. Just look at it without the noise and then put the TA tools you like to use and you will be amazed at the pictures you start to see. It is the one that can look at something without having a bias that can see the real picture, everyone else just sees a ghost of the picture because the filters are reprocessing the data and rendering a false picture.
On the same Token GOOGL is likely to undergo a very strong correction when the masses least expect it and when it pulls back to mouth-watering levels, as usual everyone will ignore it
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply
The end is always near; its the beginning and how you live each moment that counts the most
SOL wrote: ↑Thu Jul 01, 2021 5:59 am
One of the traits to be able to determine trends is to look at a picture through the eyes of a child. It is the one that can look at something without having a bias that can see the real picture, everyone else just sees a ghost of the picture because the filters are reprocessing the data and rendering a false picture.
Love this. Wholeheartedly agree. It takes a certain strength to relinquish the filters and just take a naked, vulnerable look at something. Most need filters to feel serious. The filters come with a certain power and status, a sound or an aesthetic, that people are attached to.
It's shame that keeps them from a clear view.
I don't know who managed to make clarity and simplicity embarrassing, but they did a great job of it.
When we associate child-like qualities with stupidity, we get into serious trouble. The proper association is grace or wholeness. Prime intelligence.
Most believe that "complex" is the proper aesthetic of efficacy. Wrong. Simplex. Simplex takes the day. Children are simplex.
It’s funny how most are just believing the demise of the dollar yet the charts signify the opposite.
Many are shorting the dollar, and too many on one side is always a good asymmetric bet especially when sentiment is terrible
The metals, Gold is at a interesting level and inflection point currently, almost an inverse head and shoulders if done in log scale with a down trending channel and going back to 2011 levels which can be a good bullish pattern.
