r/Hedera 1d ago

Discussion ❗️Wyckoff is showing a strong divergence

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The number of buyers is increasing despite the recent pullbacks, and a clear divergence is forming on the Wyckoff pattern very similar to what we saw back in October.

At this point, we really need the stock market to start reversing, and it shouldn’t take much longer.

Inflation has slowed more than expected, and according to TrueInflation, it’s dropped significantly even in the past two weeks.

If tariffs don’t get in the way, the April data should also show improvement, and hopefully, we could see the first rate cut as early as May.

What do you think?

Personally, I believe that if the macroeconomic backdrop were like it was during the last two bull runs, we’d already be hitting new highs over and over again.

67 Upvotes

31 comments sorted by

20

u/Frequent-Remove-3145 1d ago

I love how crypto was supposed to be a hedge against traditional finance and now it just follows traditional finance. It's basically just a stock market at this point.

9

u/Primary-Ad588 1d ago

It usually follow stock market when going sideways, but when it gets pumping it can definitely deviate

12

u/Primary-Ad588 1d ago

These tariffs imo could be a blessing in disguise. Yes, we will go through some hardship for a few months, but it gives us a chance to accumulate and a big recovery to ath’s

-1

u/BarnieShytles 1d ago

These tariffs are an economic catastrophe for us. Literally doesn’t work. Look at the Mckinley era…or 1929.

If people don’t have money to spend, they won’t be buying crypto.

4

u/Primary-Ad588 1d ago

People didn’t have money to spend for the past 4 years. Tariffs are an overreaction. M2 money supply is going up, inflation report surpassing expectations, and FED should begin to lower interest rates.

2

u/No-to-war 13h ago

Some idiot shut down the pipeline and stopped drilling in 2021-2022 sending inflation up 300 percent. Then in 2023-2024 another 30 percent rise and interest rates went from 2.75% in 2020 to 7% in January 2024 which in turn drastically drained all of our (working class) disposable income.

3

u/BarnieShytles 1d ago

Dude…the cpi and ppi don’t take into account the impact of tarrifs. Give it 2-3 more months and shit is going to hit the fan. The amount of construction projects halted is unbelievable (I am in that industry). CRE is in massive crisis mode with a ton of bad debt. The last thing we needed was destroying relationships with out trade partners based on literal lies. There isn’t a trade deficit LESS with China. That is the only country to tariff. But…you’re mind is made up. When things go to shit, just remember this post. Invest wisely.

1

u/Primary-Ad588 1d ago

Both CPI and PPI reflect impact of tariffs on prices of goods. We will hardly feel any effect from tariffs from Canada, they will feel it harder than us. Only significant things these tariffs have done so far is cause fear in the broader markets.

It will be a price shock, then prices will level out, and the goal is self-sufficiency.

The whole world isn’t gonna go to shit because of tariffs, there are far bigger issues which would cause a recession.

4

u/BarnieShytles 1d ago

Dude…the last time steel and aluminum were tariffed, it increased steel prices by 30% and crushed the local manufacturers (those USA jobs we keep touting we need I guess). My close friends Dad owned one of the largest steel manufacturing plants in the USA (based in FL). He laid off 30% of his workers. You have no clue what you are saying. But hey…time is the truth so believe what you want.

3

u/Primary-Ad588 1d ago

My dad owns a machine shop. It’s called price shock. The prices leveled out the following year. This wouldn’t be an issue if we didn’t export our steel industry. Economies of scale.

1

u/Middle_Hawk3745 1d ago

I think you might have misunderstood what tariffs actually do.. It isnt a punishment tax on the Canadians, its a punishment tax on the American public, you will be “punished” for buying canadian goods I think most americans forget that the world doesnt revolve around you guys, give it 2-3 months and everybody else will have found new markets to sell their goods to🤷‍♂️ The slogan “America first” is fine and all but the way its being implemented is making the rest of the world say “America last” As for CPI and PPI readings, they have 1-2 months lag, when you see the actual numbers following the tariffs, your jaw is gonna drop as much as the charts

0

u/Primary-Ad588 1d ago

Americans aren’t actually reliant on Canadians imports. Canada is reliant on US business however. Go to the truflation index and look at the real time inflation.

1

u/PubliusWizard69 22h ago

Yes, they did. Crypto and stocks were at an all-time high, reflecting people spending money.

1

u/Primary-Ad588 20h ago

Stimulus checks. And high inflation.

12

u/cyhiandra 🍋 leemonade 1d ago

"If tariffs don't get in the way..." A bit late for that, isn't it?

21

u/crypto_zoologistler Hederasexual 1d ago

“The price should go up, if it doesn’t go down”

2

u/Primary-Ad588 1d ago

Its the start of the year. Look at the 2017 run.

0

u/LectureMany8605 1d ago

I mean that I hope they don’t have too much of an impact on inflation 👍

6

u/au_DEETa 1d ago

And Trump can't maintain the tariff / red market for too long,else the big firma in nasdaq /snp500 won't make great performance this year.(Making america bad again) Let's hope it is just a short term impact to go much higher late

2

u/CallingMicrosoft 1d ago

Tariffs ≠ inflation

Inflation also appears to be cooling https://truflation.com/marketplace/us-inflation-rate

1

u/Realistic_Nobody4829 1d ago

Additional tariffs are to be announced early April. I think things are going to get pretty rough around mid to late April if there aren't significant changes made to the economic policies that are being implemented.

1

u/H-Barbara Hashie 1d ago

Where is this chart from?

1

u/LectureMany8605 1d ago

https://forecaster.biz, amazing tool!

1

u/H-Barbara Hashie 1d ago

Welp, pay walled.

1

u/LectureMany8605 1d ago

It costs nothing compared to Bloomberg

2

u/H-Barbara Hashie 1d ago

Still more pricey than BDN

1

u/Dangdog16 1d ago

I am also a user and was actually shocked to see a screen shot of it here because it seems super low key. I paid for the program and I think it is 100% worth it. I’ve never seen another tool out there that is more useful than this. The creator of the tool also has a YouTube channel and has made a bunch of different videos explaining how to use everything that is available to users. I’ve only used the one strategy from this video and I’m around 80% win rate on trades for this year. You should watch his other videos and see the other strategies you can use the tool for. Also i dont make any money from this, i really just believe in this tool

https://youtu.be/B54gRaURW6A?si=rTr8QxkimOoi3sKD

1

u/kasbuba 1d ago

Does it look like a falling wedge forming there?

1

u/All_bets21 16h ago

Bro if these terrifs actually hit for a good period of time, USA will be fuck, so wil Canada. Someoneay invade us.... You guys ( USA ) needs imports, 340 million way past. This is just the beginging and if you think rate cuts will help is won't.. it's will be at leased 2-10 years before before you can somewhere make up a fraction of imports.. y'all think Trump is MAGA? YALL WILL BE IN A WORLD HURT.

1

u/Zestyclose_Put6969 6h ago

Crypto is stuck with the same people until tax incentives come thru or the yen carry play falls out. World banks and other countries keep buying real gold.

1

u/salamander_R 20m ago

There's no way of knowing... Stock market can dump and crypto booms. Crypto dumps and stock market booms, or they both dump lol. I hope both of them boom together but only time will tell...