Crypto Chimera Technical Analysis

2022-02-24 23:53:30 Crazy reaction of #BTC. If this actually is a bounce in the days to come then LazyBear (the creator of the Williams Vix Fix indicator, among others) deserves a monument.

The next point of interest up is $41000 Open / Comment

2022-02-24 18:39:36 It seems its going to happen. Next target is 25k

I recommend opening a buy order around those levels and sell at 28k Open / Comment

2022-02-24 15:27:42 Additionally 18400 is not only a CME gap, but also coincides with the head and shoulder pattern from the double bubble we had on BTC, and its the exact extrapolation.

Too many indicators flashing for us to get down to this point.

Wish to short? Here are your options:
* Sell now and wait
* Borrow BTC from a lending platform and change those BTC to stablecoins. Buy at bottom
* Short in futures Open / Comment

2022-02-24 15:26:24 This is likely the path that #BTC will be taking

Next targets:
25000
18400
12000 (not explained in this chart) Open / Comment

2022-02-24 15:24:54 Quick update. I forgot, we have another CME Gap before 17k.

Its the range $26000-24600 Open / Comment

2022-02-24 15:14:08 Is 17k the bottom? Well.. maybe... Maybe not. Because we have ANOTHER last cme gap below that which we might fill as well.

This is going to be a massive bear run AGAIN where people will flee off risk-on assets.

Fiat, Gold, Silver will be the reserve of value. Yes, even fiat.
Property prices might either go down (people leaving certain areas of Europe) or go up (Lot of immigration fleeing from the war looking for a place to stay)

Financially speaking, what do we do?
I have decided to keep my important coins (not tokens, except CAKE) and will work on identifying the next bottom and let you know what I see.

Yes, daily and weekly chart are showing a bottom. I've mentioned this many times. But we cannot, I repeat, we CANNOT ignore the fundamentals.

Farming with stablecoins might be a good solution. Anchor is paying 19.45% in UST which is one of the best solutions right now. Even something like 5% in Nexo is better than nothing.
Also visit Beefy Finance and search for "Stable LPs" in every blockchain to find opportunities for stablecoin farming. Anything above 10% is ok. Anything above 15% is excellent at this point. Anchor will continue to dominate this market, and thankfully most big exchanges have UST and Terra integration by now.

Keep some liquidity in your exchange for when we discover the bottom, but don't let your money sit tight.

If you have PAXG the best place I've found to farm gold is Nexo. Couldn't find any other opportunities anywhere.

It is not time to become rich, it is time to prepare yourself to increase your wealth in the future. Open / Comment

2022-02-24 15:09:18 $17842 making a note here to remember this number Open / Comment

2022-02-24 15:08:20 As escalation continues we are likely to see another plunge gentlemen.

We are kind of losing the support line we had on 36k and next stop is 32k-30k Open / Comment

2022-02-24 13:54:34 here we have a massive indicator for #PAXG (pegged to the gold ounce). Everyone is moving to gold now. Cryptos are likely to plunge during the war.

However, what's crazy here is that PAXG skyrocketed and at the same time Williams FIX is showing is a bottom?

This is because of the disparity of price action. We are likely to see PAXG and gold correct down a bit but don't be surprised that this run continues on the way up. Open / Comment

2022-02-24 13:52:58 We have strong indicators on both daily and weekly chart that this could be a bottom for #BTC

This red candle comes at no surprise, given the escalation of hostilities in the Ukraine-Russia conflict.

During war, fundamentals will rule the charts and we are likely to mostly see plunges like these happen more and more.

BTC is a risk-on asset and people will continue to orbit towards risk-off assets like fiat and gold. Open / Comment