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Charts & Prices

If I were a betting man...

(and I am)

Applesaucesome

May 6, 2022

Obligatory: this is not financial advice and I am not a financial advisor.

Bitcoin log growth curves

As you can see, the log growth curves have served as reliable projections of potential macro tops and bottoms. We are currently hovering just ~8% above the bottom band. I’m VERY interested in this price range and how the market reacts between $33k-36k.

S&P VWAP

The anchored VWAP bands are still being respected and it looks like there will be two closed daily wicks back inside the lower band.

This would be a logical place for a rally back to the VWAP line (blue line) which could complete the fractal that I had mentioned in my previous article (see below)

Decred Society

Rangebound markets

Obligatory: this is not financial advice and I am not a financial advisor. S&P The S&P held VWAP support for a week but eventually fell down to the bottom bands. These have historically proven to be strong support but even a strong support can be broken over time…

a year ago · 1 like · Applesaucesome

DCR trading range

Decred is still ranging. If you’re interested in ranges, now could be an opportune time to nab some more with 10/80 activating in just two days (10% yield!). But as always, be careful where the broader market is headed, keep your risk exposure in check.

Conclusion

I see lots of volatility of both bears and bulls on crypto twitter right now. I’m sticking to my plan. I’m extremely interested in the next dump. Have a plan of your own if things don’t go as you expect. Always keep some dry powder around. And make sure your 10/80 DCR stack is filled.