CryptoCoinNomad

CryptoCoinNomad

We're nearing the tip of the pennant, BBands tightening and both look like they're pointing to a price above the Ichimoku cloud. MACD looks like it's about to make a turn to the upside.

CryptoCoinNomad

This chart compares prices of Bitcoin (BTC), Bitcoin Cash (BCH), Gold (XAU) and Silver (XAG).

CryptoCoinNomad

DASH price has become MASSIVELY over-inflated into a giant bubble which has now burst. Yesterday Bitfinex added BCC and BCU tokens to allow traders to speculate on the future price of BTC and BTU respectively (these tokens will then be fully-convertible post-fork). Currently BCC (BTC) is surging ahead. This will lead to downward pressure on DASH which has been...

CryptoCoinNomad

We've been observing an ascending broadening wedge getting steeper upwards (perhaps far too steep). It now looks most likely that we won't reach the price at the top level of the wedge (~0.0809 / ~$81.50) without a significant pullback first.

CryptoCoinNomad

Introduction - What is BELA? Belacoin (BELA) is a crypto-currency token that considerably interests me just now because it currently has real-world application in the form of a chess game - Bellachess - which is available to download from the Google Play Appstore, and pays out BELA when you win a game. The development team also have the intention to integrate...

CryptoCoinNomad Updated 

A bullish pennant (in green) has been developing since a bounce off of support at 0.0096 in late December 2016 reaching a peak and finding resistance at 0.0167. A cup & handle pattern has been clearly identified and at first it looked as though XMR would be ready to take off in early February 2017 buoyed by the anticipation that Jaxx would be adding an XMR wallet...

CryptoCoinNomad Updated 

Overlaying sine waves on top of a long-term weekly chart of Bitcoin suggests that the price could have already peaked for this time period and the next dramatic rise will not occur until 2020. Of course, this is only hypothetical based upon previous price movements. The result of the BTC ETF (due March 11th) if successfully passed could likely lead to a new...

CryptoCoinNomad

Despite a drop in price over the last several days, partly coinciding with a rapid climb in Bitcoin price, we can see a clear cup & handle pattern forming, along with XMR testing a support line (top pink line) which has been in place since November 2016 and a bullish triangle/pennant. This could all be an indicator that February through to March at least is going...

CryptoCoinNomad Updated 

We had previously expected XMR to make a significant move upwards due to: (1.) BTC pulling back; (2.) XMR wallet on Jaxx, release scheduled for 21st Nov www.reddit.com However, (1.) Due, probably in large part, to real world economic factors such as Yuan devaluation, Indian demonetisation and a run to an alternative 'safe haven' while gold and silver turn...

CryptoCoinNomad Updated 

BTC has returned with support above $700 which will have pressure on XMR price. This could slow down the time it takes to re-attempt or exceed previous all time highs. If pressure is maintained on XMR we could expect a slow and steady climb until Jan 17th's hard fork. However... Jaxx are currently targeting 21st Nov as the date that XMR is added to their...

CryptoCoinNomad Updated 

Current indications are showing a potential pullback to ~$600 which conforms to a long-term support line that has been in existence for at least the past year. After this point we could see BTC making moves to a level above 2016's highs. I will update as and when new info becomes apparent. Feedback much appreciated. Thanks!

CryptoCoinNomad Updated 

After a long bearish trend Monero appears to have found a bottom level around ~0.00577 which conforms to the trend line prior to the huge price spike in September, and has been starting to climb its way back up and arguably held ground particularly well during the BTC volatility during the conclusion of the USA presidential elections. I will update as new info...