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MK

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Oh yeah. I should say that if you wanted to still hang out and network with the people here from this channel and the health one, I am creating a chat channel dedicated to that end. It’s an open forum for everyone. It’s also a great contact list. It’s like the comments of the comments. It’s a way of preserving a network of people that have a shared interest in multiple subjects. That’s a rare thing and a really cool thing. Link to join👇 https://t.me/TheGoodFriendsClubhouse
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Guys and Gals. As you probably know I am going to be stepping away from telegram and social media. My inner voice is telling me it’s just time. See you on the other side. I wish you all luck and prosperity. Cheers🍻 MK
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Fib lines up and we can see we are trading right below the .618. So if this was an asset you liked, as an investor you would scale in with a system called Dollar Cost Averaging. This is the mathematical way to invest. It’s the antidote for emotional rollercoasters.
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Here in the blue lines we have a falling wedge pattern. See it? We have broken out of the falling wedge. And we went right up to our next key level.
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I’m covering bubbles and bubble tops because that is a big source of trouble for investors. The whole idea is this- Don’t buy into bubble. Don’t fomo in. Don’t get excited and make emotional decisions. You have to build an investment plan and be strict with the rules. Scout out your assets. Make sure you are comfortable with them. Whether it’s stocks, metals, Bitcoin or whatever. Then you create a system of buying where you space it out over time. This is the big secret. This will create opportunities to scale in on price dips.
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Luna on the 1 hr candles. Down 30% today. We see the key levels in purple. It’s pure human psychology driving this price action. What is this thing worth? That’s the whole idea of every bubble. Now this bubble is a little different isn’t it? We rallied from .000001 to .006. Now we are in a downtrend. Key levels are in purple.
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Shibu on the weekly candles- Key levels are drawn in purple. The Bear market could drag out for a while. It usually does. No one knows when things will flip.
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As we can see Shibu went way further down than the .618.
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Let’s change it up and look back at Shibu. We started tracking this on from the beginning of the bubble pop. Shibu on the weekly candles. We see the bull market, and we see the Bear market. Crypto is 10x faster and 1000 times more volatile than stocks.
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