Endgame

Finally something interesting to talk about.

The Bit-corn has been stuck in a trading range. 

Up-down-up-down-up-down… in a very boring and unsatisfying way.

Predictably, it bounced hard off the bottom of the trading range lows.

Also the stonks found a bid so there isn’t the gravitational pull of a tech bubble unwinding.

All things considered the mighty corn held up ok.

Not so with Ethereum.

ETHBTC is falling off the plate

This is a classic sign of a bottoming phase.

Dow Jones (yeah the guy they named the thing after) noticed this back in the day, that the transports/industrials/utilities would get out of whack at bottoms and tops.

And that’s what's happening here.

This is what bottoms look like. Fingers crossed.

Scott

P.s. if you haven’t registered for my live presentation where I’m teaching my long/short system for perpetual futures you should get in quick.

I haven’t got an unlimited capacity zoom account (which is a few K a month and I don’t give that many fucks)

So register here. 

I’ll be teaching the full system with nothing held back, cos I’m bored. Results are amazing, all through the bear market.