Wednesday, November 16, 2022

Daily TA by Tritador 16th of November

November 16. Apparently a (non)-Russian missile hit a village in Poland killing 2 farmers. Originally, the news ran with the story that this was a Russian missile and actual war might follow. Then the story broke that this was a Ukranian missile and conspiracy theories about a false-flag operation to drag other countries into war surfaced. Then the story came out that it was a defensive Ukranian missile that accidentally hit Poland, so sorry.

Meanwhile, the (in)famous Donald Trump announced he'll be running for US president in 2024.

Inflation in the UK is up to 11.1% due to high energy costs.

The BRICS countries are getting together to eventually stop using the USD as their reserve currency. The DXY remains around 106, having broken out of its ascending trend.

Mr. Wonderful himself declared that if Big Sam started another venture, he'd be happy to invest in it.

Dave Chapelle apparently propagated antisemitic tropes on SNL, though overall his act was pretty hilarious except for the awkward pauses where nobody laughed when he said something iffy about the Jews...on a TV show in New York, because as the greatest comedian there's ever been, he somehow forgot how to read the room. Or maybe he didn't.

Tulsi Gabbard still looks like Rogue from the X-men, which makes most of her suddenly right-leaning fanatical rantings forgivable because Rogue is the coolest.

Another crypto-earn platform, Genesis, has paused crypto withdrawals. We know where this is going. The crypto world worries that the larger company, Gemini, whose Gemini-earn program is powered by Genesis, may be affected.

12 financial institutions and the NY Fed are getting together to run a test version of the US digital dollar. Get ready to have every transaction tracked and your money turned off if you leave your permitted geofenced area or say something bad about the government on Twitter. Crickets are a great source of protein, minerals, and fiber.

You really can't make this shit up. There is no silly set of facts I could possibly write that would be crazier than the real world.

Meanwhile, Bitcoin is holding at 16.5k and not plummeting any farther (yet) following the FTX dump, though many analysts are still calling for an 11-14k bitcoin. But retail pessimists are clamoring for 3k or lower, declaring this is completely different, crypto is all over, dead, a ponzi scheme, and this time the ride is done, which usually means the bottom is in. So we'll see.

The stock market is down. Amazon is firing 10k employees. Target stock is dropping like a stone after warning about weak profits due to low demand (a known consequence of all of the interest rate hikes the Fed has been implementing).

ETH is sticking around near 1200. Osmo seems to like 1.15 and keeps moving back to that place after some volatility. Juno's at 2.27, similar story.

Evmos and Atom look dumpy and have settled in and begun crabbing at new local lows, with Atom at 10.13 and Evmos at 1.16.

Tori dropped from its latest pump toward 70 cents all the way down to 61 cents. If you've been compounding and own a lot of Tori by now, a few pennies makes your portfolio value change a lot more than you'd like. If Tori falls below 60, that would make a lower low from its previous dip and signal a downtrend, but if it keeps bouncing between 60 and 70 cents, there's money to be made.

Scrt had a mysterious pump from 63 cents to 1.15, and has since sold off to 89 cents. There's a rumor that Europe's going to ban privacy coins, Scrt included, to combat money laundering. Which seems a lot more bearish than bullish. Crazy times.

GLTO is at 0.0013 USD. Virtually no buying or selling volume today, just price movement as Osmo moves. GKEY is at 230. A little more volume, but still mostly a reflection of the moving Osmo price.

I got nothing today. I'm working for fiat, DCAing into bitcoin every day, grilling chicken thighs tonight. Just buy bitcoin, other projects you really believe in, play poker tonight, play Gelotto lotteries, and spend time with your loved ones. The big picture is all over the place, the world is changing in weird ways, and at the end of the day, what's really important is good food, good friends, and your health and happiness. Not world events or crypto chart movements.


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