MonetaryRebel

MonetaryRebel

Carvana back near all time highs while in an expanding triangle formation. These happen at times where volatility is increasing and swings have become more wild. It can be a sign a lower liquidity causing small dollar amounts to change the stock's price more drastically. A daily close under $330 is a giant sell signal for me. Advising extreme caution for those...

MonetaryRebel

Great day to be a silver investor. Fantastic bullish action on the Weekly, Daily, and Intra-day timeframes. What is happening now is what we've been waiting for for decades now. Silver could hit $50 or higher by year-end. Get on the ship before it really takes off. Silver miners are leading which is a great sign. Most have broken to new recent highs with only a...

MonetaryRebel

Clear impulsive bullish move in 2024, followed by 18 or so long months of a triangle correction. The bullish move happened so quickly that this makes sense. The markets needed time to sort out what was going on here. The breakout from that triangle is a big deal and coincided with silver breaking above major resistance. NYSE:AG is one of the best leveraged...

MonetaryRebel

NYSE:PAAS has some of the best structure I've seen in any of the miners, along with NYSE:AG and $FSM. July 2024 was the beginning of a rising, complex correction. Price could always reject off the top of the channel and pull back to $26, but any dip here is a buying opportunity. We are headed for far higher prices going forward based on this structure. The...

MonetaryRebel Updated 

We may have just finished a bullish correction phase. If silver can reclaim $36.30 hold then I'd consider the bullish trend to be back and look to buy pullback on our way up to $40+

MonetaryRebel

When Carvana finishes this completely manipulated bullrun, it will be devastating. Typically extended 5th waves will correct at a minimum back down to wave 2 of said 5th wave. That means $50. The stock was in an expanding formation which it broke out from and then failed back into. Very bearish. That is also the same type of pattern that Bitcoin displayed years...

MonetaryRebel

Current Count. Could be right, could be wrong. Do with it what you will.

MonetaryRebel

Very clear confirmation signals here across many sectors in the market that we are in a recession. Fundamentals were breaking down last summer in fact, but now everything is rising to the surface and markets are turning. Buckle up. Oil is breaking down today. Bond yields continue to signal de-risking. USD continues to break down. USD/JPY is heading lower back...

MonetaryRebel

If the market does not give us a meaningful bounce tomorrow (~+0.75%) and hold, and instead breaks lower, things could accelerate to the downside pretty quickly. The downside risk at this point is heavier than the upside potential so all I'm saying is be careful. Would not personally be buying at these levels because you may be holding the bag if this goes...

MonetaryRebel

So many things saying sell and take profits right now it's not even funny. 500 is the first real support. If that green wave iii uptrend is to stay in play, we need to bounce at 500, which would only be -3% or so. Then 485 is the next support at the bottom of the uptrend channel. If 485 is broken then those red downtrend C waves are in play. 1. SPY ran into...

MonetaryRebel Updated 

Again, Stellar is an OG of crypto. Their team is so unbelievably professional. The Stellar Development Foundation is so well managed. They are always posting updates, news, and plans for the future; and they are not going to stop anytime soon. They are not a crypto. They are a new global financial system. They are not a bank, they are a banking system. They have...

MonetaryRebel

EOS isn't Bitcoin, but it's one of the OG cryptos. I put that green box there almost 2 years ago and we bounced right on it. Now, based on ETH and BTC price action, we are looking at downside before the big, big, big wave up. But by big wave up, I'm talking 100x up. Don't ask me what would cause this. The answer is probably something really, really bad like a...

MonetaryRebel

Long-term. Going higher. Short-term. Pullback imminently continues. ETH has gone +150% in 18 months, so a -20% pullback is completely warranted. I'd estimate April-June to be the buying time. Lots of people will get their tax refunds and that is usually a good liquidity boost for all markets.

MonetaryRebel Updated 

Overall Market is in "Greed" mode. Put/Call options in "Extreme Greed" mode. This market is the most complacent I have seen in my 10 years of trading. NO progress was made yesterday on the debt ceiling after McCarthy and Biden's meeting. Biden is leaving the country for a week and the Treasury has said we have 2-3 weeks to resolve this or catastrophe...

MonetaryRebel

Stocks look poised to head sharply lower through the rest of this year. The banking crisis has been snoozed like your alarm clock blaring at you first thing in the morning. The thing is you only get about 5-10 mins before it blares at you again. More bank failures are coming. Most banks are holding treasuries with unrealized losses and myself and others are...

MonetaryRebel Updated 

Crypto is going DOWN into the end of 2023. 2024 to 2027 could see a giant bull run after this move. This next leg down will be the one that causes people to proclaim that crypto is dying and be quite hopeless as the price really breaks down, which is exactly the psychological point you should be buying during if you're a long-term investor. But patience is key....

MonetaryRebel Updated 

People ask me, "but why is Bitcoin doomed to fall back to Earth?" People ask me, "but why has Bitcoin risen so much the last 12 years then?" People ask me, "but why don't you want me to have a lambo?" I tell people, "Bitcoin is a failure of its own success. Blockchain is the internet of things. It has worked so well that governments are now developing their own...

MonetaryRebel Updated 

Many indications here that HP Inc. has topped throughout 2022. I expect the reaction to their upcoming earnings report on May 31st will be negative, whether or not they report decent earnings. Forward P/E will be revised downward. Technical Analysis from 2012 shows we have 3 major rallies. The length of price movement and time extended in each of these rallies...