Hello everyone. The old permabull teh_Salesman is back, and I have something interesting for you.
First off, some simple technicals.
At the moment we are holding a long-term since 2015:
(This can be construed many different ways. I printed mine this way for the sake of argument that is still in a multi-year bullrun considering the facts below.)
We are also forming a golden cross of the 50/100 MA’s on the daily:
We have hidden divergence in the weekly:
A few weeks ago, I decided to do a meta post and compare the bear market of 2015 with the bear market of 2018/2019. I found some very uncanny similarities. You can see that idea here:
, as usual, didn’t exactly repeat itself. So, I decided to take a deeper look into the 2015 bear market and to my surprise, the answer was staring me in the face the entire time.
An . 2015 style:
Anything look familiar?
Now, another thing I noticed, within that of 2015.
Compared to now:
Also, and all assets have a very cyclical nature. If you can spot cycle fractals, you can sometimes predict which cycle an asset is in. The same pattern that you see above can also be seen in the actual full structure of past bullruns:
Are your eyes wide open yet?
I have 3 very serious questions for any bears out there blind enough not to see what is happening.
1) Why does Tether still have a premium?
2) Why has lately outright ignored divergences that in 2018 would of made it come crashing violently down?
3) Why are alts suddenly market-wide having insane pumps?
Have we actually outright ended the bear market and are beginning a wave 5 upwards? Are we going to get to $6k and peter out? Will we get all the way up to $10k/$12k for a fakeout? Do you think we’re still going lower?
Share below!
This has been your favorite old-time moonboy back at it again, only this time a lot smarter.
My name is Peewee, but you can call me teh Salesman.
Published at Tue, 12 Mar 2019 20:19:50 +0000
