Tuesday, May 11, 2021

Daily Portfolio Update

Portfolio update on a daily basis.

BTCUSD @ 55.757,19 (BTCUSD Daily Chart)
Trend: neutral & downtrending; S/D-S/R: 47.073,07-64.859,18 and 8 day EMA/50 day SMA resistance (potential support levels may be found at 100 day SMA, 53.400, 20 week SMA, 42.500 and 200 week SMA); JCS/SS/8EMA: bullish trend channel & reversal bearish hanging man 09-05/neutral/-; no bullish trigger signs.

ETHUSD @ 3.965,66 (ETHUSD Daily Chart)
Trend: bullish & uptrending; S/D-S/R: 1546,93-? and 8 day EMA support; JCS/SS/8EMA: bullish trend channel & reversal bearish dojis/overbought/+; bullish trigger signs.

SQ @ 216,43 (SQ Daily Chart).
Trend: neutral & downtrending; S/D-S/R: 202,10-278,13 and 8 day EMA resistance; JCS/SS/8EMA: bearish trend channel/oversold/-; no bullish trigger signs.

TSLA @ 629,04 (TSLA Daily Chart).
Trend: neutral & downtrending; S/D-S/R: 591,01-780,79 and 8 day EMA resistance (potential support levels may be found at 200 day SMA and the 350-500 area); JCS/SS/8EMA: bearish trend channel/oversold/-; no bullish trigger signs.

Trend is defined by the position of price vis-a-vis the 8 day EMA and 200 day SMA. Trendiness is defined by position of price vis-a-vis the 8 week EMA.

S/D-S/R abbreviates static and dynamic support/resistance levels.

JCS/SS/8EMA means Japanese candlestick analysis, slow stochastics readings and price vis-a-vis the 8 day EMA respectively. This combination of parameters is especially looking for reversal candles from overbought & oversold conditions followed by a 8 day EMA cross.

EMA and SMA stand for exponential and simple moving average respectively.

I like stocks from innovative and vertically integrated (exponential) growth companies in the fields of 1) production and consumption of sustainable energy; 2) internet finance (incl. cryptocurrencies & defi) - real estate - advertising; 3) genetics and 4) artificial intelligence - machine learning - deep learning-robotics. The innovation needs to be understandable, sympathetic, disruptive and defensible.

My portfolio consists momentarily out of GBTC, SQ, TSLA and a diverse array of cryptocurrencies. The expected holding period for SQ and TSLA is until 2030. For everything related to cryptocurrencies the expected holding period is until Q3/Q4 2021. To existing positions I might add from time to time on a dca or pullback basis.

This is not investment advice. Do your own research. Please also read the disclaimer at the bottom of the blog.

Monday, May 10, 2021

Cryptocurrencies

My personal targets this market cycle for the cryptocurrencies I own are as follows.

ADA ($ 10), BTC ($ 350.000), DOT ($ 300), ETH ($ 25.000) and XLM ($ 4).

Crazy, right? Would be great if some of these targets would hit in 2021.

If not, no problem, I'm not in a hurry. There is always the next cycle.

Let's see where we go this time around. Whatever happens it will be a hell of a ride.

Important. Investing in crypto is extremely risky. Therefore don't invest what you can't afford to lose. As a consequence I'm prepared for my investments in crypto to be reduced to zero.

Don't hang your hat on this kind of speculation. It will probably be wrong. 

This is not investment advice. Do your own research. Please also read the disclaimer at the bottom of the blog.

Sunday, May 9, 2021

Bitcoin Target Fabrications

Bitcoin Target Fabrications (in $)

170,08 / 1.157,50 x 100 ~ 15% (2015 low / 2013 high)

3.122,34 / 19.783,21 x 100 ~ 15% (2018 low / 2017 high)

53.414,67 / 356.097,80 x 100 ~ 15% (2022 low / 2021 high)

3.122,34 / 1.157,50 ~ 2,7 (2018 low / 2013 high)

53.414,67 / 19.783,21 ~ 2,7 (2022 low / 2017 high)

170,08 * 3.122,34 * 53.414,67 (2015 low * 2018 low * 2022 low)

1.157,50 * 19.783,21 * 356.097,80 (2013 high * 2017 high * 2021 high)

356.097,80 ~ top next bull market (2021)

53.414,67 ~ bottom next bear market (2022) > Let's see if this level holds in April

Don't hang your hat on this kind of analysis. It will probably be wrong. It is a human and therefore feeble attempt to create some order out of seemingly random market movements.

This is not investment advice. Do your own research. Please also read the disclaimer at the bottom of the blog.

Monday, May 3, 2021

Weekly Portfolio Update

Portfolio update on a weekly basis.

BTCUSD @ 56.623,51 (BTCUSD Weekly Chart)
Trend: bullish & uptrending; S/D-S/R: 42.500-64.659,81 and 8 week EMA support; JCS/SS/8EMA: bull flag? & bearish reversal doji 18-04/neutral/+; bullish trigger signs.

ETHUSD @ 2.951,98 (ETHUSD Weekly Chart)
Trend: bullish & uptrending; S/D-S/R: 1.400-? and 8 week EMA support; JCS/SS/8EMA: bullish pennant/overbought/+; bullish trigger signs.

SQ @ 244,82 (SQ Weekly Chart).
Trend: bullish & uptrending; S/D-S/R: 191,36-283,19 and 8 week EMA support; JCS/SS/8EMA: bullish symmetrical triangle & bearish reversal gravestone doji 18-04/neutral/+; bullish trigger signs.

TSLA @ 709,44 (TSLA Weekly Chart).
Trend: bullish & uptrending; S/D-S/R: 539,49-900,40 and 8 week EMA support; JCS/SS/8EMA: bullish symmetrical triangle? & bearish reversal shooting star 18-04?/neutral/-; bullish trigger signs.

I like stocks from innovative and vertically integrated (exponential) growth companies in the fields of 1) production and consumption of sustainable energy; 2) internet finance (incl. cryptocurrencies & defi) - real estate - advertising; 3) genetics and 4) artificial intelligence - machine learning - deep learning-robotics. The innovation needs to be understandable, sympathetic, disruptive and defensible.

Trend is defined by the position of price vis-a-vis the 8 week EMA and 200 week SMA. Trendiness is defined by position of price vis-a-vis the 8 week EMA.

S/D-S/R abbreviates static and dynamic support/resistance levels.

JCS/SS/8EMA means Japanese candlestick analysis, slow stochastics readings and price vis-a-vis the 8 week EMA respectively. This combination of parameters is especially looking for reversal candles from overbought & oversold conditions followed by a 8 week EMA cross.

EMA and SMA stand for exponential and simple moving average respectively.

This is not investment advice. Do your own research. Please also read the disclaimer at the bottom of the blog.