Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Where’s Dad’s Crappy Wallet?

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As time goes on, I’m starting to feel more and more like an ancient relic. The kinds of things I participated in as a child seem incredibly dated and impossible now.

For instance, before my illustrious career in Boy Scouts (Eagle at 13, thank you very much), and before Cub Scouts, I was in this thing called Indian Guides which, had it been allowed to exist until this day, would have been torched as a serious, serious case of unchecked cultural appropriation. I mean, honestly, it was a bunch of white guys wearing headdresses and feathers.

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Setup For a Bull Run on Crypto

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In my last posts on In Monday 12th May and Thursday 22nd May I was looking at the possible setup for a retracement on Crypto that might then set up a substantial bull run on Crypto after that retracement was complete. That retracement is not yet necessarily complete, but I think it may well be, so today I want to look at that retracement, explain why I think that may be ending a bit early, and look at the large bullish IHS patterns forming on Solana (SOLUSD) and Ethereum (ETHUSD) that may deliver major high retests on both while Bitcoin (BTCUSD) makes substantial new all time highs.

Looking at the daily chart Bitcoin broke below the daily middle band into a test of the lower band, the 50dma and the 100k level. They held as support and Bitcoin is trying to break back over the daily middle band. The daily RSI 5 sell signal reached the full target. If the daily middle band is successfully converted back to support then this retracement is likely complete.

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