RiversAndMountains

RiversAndMountains Updated 

Full post with trade structure on my Yours (in my signature) The reality of the situation in crypto today is that there is much danger and calamity. Mount Finex is crumbling and becoming ever more sketchy and ever more dangerous each day. It would appear to me that perhaps, with their new minimum deposit requirements and only processing LTC withdraws quickly,...

RiversAndMountains Updated 

Full post on my Yours blog (in my signature) with lots of complimentary fundamental analysis and an optional trading structure and update thread. == Litecoin is goin’ up, and many people are ecstatic. Congratulations to all LTC holders on realizing gains on your investment. I know with how this coin dumps during downswings that it hasn’t been easy. To those who...

RiversAndMountains Updated 

Full post will be available on my Yours (in my signature) after I've had some time to compose it properly. Amidst the hype of Bitcoin Legacy reaching a $20,000 high, CBOE and CME Futures, and today, even Litecoin is finding a new high, perhaps many people have forgotten about Bitcoin Cash. From the persepctive of a trader or an investor, this is indeed a very...

RiversAndMountains Updated 

Bitcoin Cash has had a bit of a bullish run the last few days. That being said, we all know about possible Dragonslaying and Cashening scenarios. But, when are they? Where could they be? Many things are hard to decipher and hard to see. Bitcoin Legacy just had its difficulty adjustment. 18% up to a new all time high. There's a lot to talk about, more than I can...

RiversAndMountains Updated 

Friends, before we begin, let us have a moment of silence. For whom? For all of the people who have been deceived this last week into selling their Bitcoin Cash below $1,500 and at BCHBTC ratio levels as low as 0.13. Those are now locked in losses that are hard to recover. Regardless, we have ourselves a real, high volume breakout of the major downtrend...

RiversAndMountains Updated 

In light of recent TradingView censorship, the majority of this post will be on my Yours (in my signature). The post is more verbose and has some images that I can't post here anyways. There will also be an optional trade structure/plan for those interested, as we do have ourselves an opportunity for a long trade. Check out my Yours (in my signature) for the...

RiversAndMountains Updated 

FYI for all those who are wondering where all my old posts went, TradingView locked them without notice or warning because I had tipjar addresses without being a top-paid plan subscriber. I personally think that, considering the number of views those posts had and the important topics they discussed, wiping them out from history as if they didn’t exist and using...

RiversAndMountains Updated 

In light of TradingView locking pretty much all of my posts, the majority of what I say will go on my Yours blog, in my signature below. Content in the body of the TradingView post will remain sparse. Follow me there if you want to read more. Regardless of all the noise on Twitter and Reddit and Discords/Telegram/Slacks the last few days about "Bcash" this,...

RiversAndMountains Updated 

In light of TradingView locking all of my posts, I'll keep these more brief and you can check out my Yours, in my signature, for a full breakdown. In August, IOTA was one of the mightiest bulls. A highly manic run to $1.10 had limited pullbacks along the way. The ones that did happen were bought up so quickly that it was like the splash from throwing a rock into...

RiversAndMountains Updated 

IOTA is one of the only alts that went on a Bitcoin-level of parabolism during its growth. It was a hard, hard coin to find a time to get in on, much like Bitcoin Cash. At the time it was pumping, Bitcoin was pumping, and the charts mirrored each other. Unfortunately IOTA is now in bear market cycle decline, but could be very close to finishing. Long term, it's...

RiversAndMountains

One of the fellows following me asked me about Ethereum, and in the process of answering his question, I started on the analysis and figured I'd just finish it and post it. Ethereum is a coin that I was really interested in when I first came back to crypto in July. As time has gone on and all of this bubble has played out, I have become increasingly bearish on it...

RiversAndMountains Updated 

Important Reading for Anyone Interested in Bitcoin Cash: www.reddit.com A history of the Bitcoin community over the last few years and how this day came to be. It's absolutely worth your time to read all of it, all the links, and make up your mind as to where you want to stand at this stage of history. I will admit that my estimate in entry points was...

RiversAndMountains Updated 

Bitcoin Cash has broken the major historical downtrend line convincingly and has come to its first major resistance point, $400. It looks like we're forming a classic cup and handle pattern which is often characterized by some price discovery, taking profits, selling off, before breaking upwards, retesting resistance, and breaking out. All of this is pretty...

RiversAndMountains

The Bitcoin Core chain stands at the end of time. Why does it stand at the end of time? There is a lot of politics around this issue, and I don't care to argue about them. You do your own research. Where you put your money is your business. In the end, whether Core remains the champion, or Core dies as Bitcoin Cash or Segwit2x become the incumbent, where you put...

RiversAndMountains

Below is mandatory reading for all viewers, in my opinion. The rally we got started was at the recent $380 peak before today when Bitcoin.com published an article directly declaring Bitcoin Cash as the Bitcoin: www.bitcoin.com Also mandatory reading in my opinion is Reddit's u/singularity87 making a great post summarizing the history of the Bitcoin community,...

RiversAndMountains Updated 

Bitcoin has made a solid recovery since the bounce off a major trendline at $5,300 and has since broken through all major resistances and appears to be on the verge of a breakout to a new all time high. News that Amazon will be accepting Bitcoin is evidentally coming on their conference call in about 6 hours, and so we now have a new group of people who have...

RiversAndMountains Updated 

After double bottoming around 5350-5400 after our recent slide through the kumo, we've had a nice generally bullish recovery to $5,800 today. News about Amazon possibly announcing they'll be accepting Bitcoin seems to be fueling the buying pressure. However, when one takes a look at where we are, there are some causes for concern that give rise to a potential...

RiversAndMountains Updated 

Make no mistake about it. We lie amidst the first wave of calamity. Amidst calamity, it is never so easy to see what is going on, or where things are going to go. If it were, it would neither count as calamity, nor would it be the case that most traders lose money in the market. It would also mean there was no money to be made in the market, and we wouldn't be...