I was cleaning up my charts when I happened to notice a pattern on Bitcoin's price movement.
To top it off, the pattern coincides with certain lines in the Fibonnaci channel I charted for you all last week.
You'll see that the RSI lines up pretty well with the fractal as well.
In addition to that, my major resistance line has been convincingly broken (pink...
When did it become cool to be bearish?
I have remained bullish on Bitcoin (and altcoins) throughout these massive swings.
Though massive it is, we have a classic bull flag playing out (big run up, and then parallel channel travel straight, or downward)
I understand that these big swings are scary, but it's important to remain calm and look at the bigger...
Ubiq is a decentralised platform built upon the Ethereum codebase.
One of the main challenges for Ubiq is that it is operating in a very competitive and somewhat saturated DApp platform space.
From a charting perspective it is currently facing a long-term downtrend resistance line. I'm fairly confident that it will break through this area to the upside at some...
Theres still time to get a great long entry in $GNTBTC , compared to other alts that have already had their "moon".
Daily chart here shows recent kumo breakout, is now consolidating.
Entering now, setting aside capital for other possible entries on bullish break and retest.
First target of .0011 sats resistance area, alligns w/ 1.272 fib level.
My take on ZCash is that it is a solid Crypto Currency that's competing for market share in the highly competitive "Privacy Coin" space.
In that context, my preference with $ZEC is not to hold it indefinitely but rather trade it based on historical 'Support & Resistance' levels.
Now that #AltSeason has begun, I suspect we will eventually see $ZEC breakthrough...
Following-on from its successful launch and fantastic run-up in the Crypto markets in the second half of 2017, $OMG has been able to quickly establish itself as a kind of "non-controversial" token, which most Crypto Currency enthusiasts accept as one that has a very good chance of delivering on that coveted promise of "Real World Adoption".
OmiseGO has many...
2017 was a huge year for Stratis, establishing itself as one of the leading 'Blockchain Application Platforms' in the Crypto space.
After peaking in June, $STRAT fell victim to the downtrend that plagued the entire Altcoin market over the next few months. In early November Stratis began to gain some momentum, making $STRAT one of the first handful of tokens to...
We are currently up about 100% from our original entry at 200k (original chart was deleted by TradingView).
I also realized I made a mistake in my original chart by stating there was only 450% to All time high.
I was working off of Bittrex, but did not realize Poloniex had more history of the coin, where it reached 4500k!
This is about 1100% up from where we are...
This is a copy / paste of my original chart. You may have noticed that most of my charts are gone. Tradingview has decided to remove them because I included a link to my twitter account. So, uh, don't link your twitter account in your trading ideas kids.
Unfortunately I will not be able to get them back (goodbye reputation for calling a 4000% increase in...
Notice how much cheap coins have been pumping? Doge from 20 sats to over 100 sats, XVG from 50 sats to 1000 sats, so on and so forth. Do I need to mention Ripple?
It appears our newcomers into crypto enjoy picking up these low cost coins (despite market cap being huge).
That means it has become worth it to accumulate these types of coins.
Reddcoin is only at 170...
Stratis is another coin that I charted, but chart was removed by admins.
Our original entry there was 90k. We are now up about 50%, and I want to take some profit.
Never just jump in or out of a coin, no matter who is telling you to. Always do your own research and analysis.
That being said, if you've been following this coin, and you have some, I believe this...
Trade Details
This is could be anywhere from a short-long hold. It all depends on when the news comes out for coinxion (more on this below).
I really like the chart for this coin. The Fibonnaci channel seems to characterize the price movements very well. We're a little higher up in the channel than I would like to be, but with the way that the alt market has...
Fundamentally, the Kyber Network Project revolves around the formation of a Decentralised Exchange (DEX).
For those that aren't aware what this means:
(A) I highly recommend doing a bit of research into this topic.
(B) I believe 'Decentralised Exchanges' are going to be very successful at creating a "Buzz" in the Crypto Community, considering one of the main...
Following the 3 month long down-trend in the Altcoin markets that began in mid-September, $LSK was one of the first Altcoins to bounce back towards previous all time high levels.
After spending two weeks in a 'Bullish Pennant' / Consolidation Pattern, Lisk broke-out to the upside today to once again challenge its long-term resistance trend line around all time...
Launched in July 2017, the $CFI token entered the marketplace during a very challenging period for Altcoins and had essentially spent the second half of 2017 in a down-trend.
With the recent "Awakening" in the Altcoin markets, today $CFI had finally broke out towards a new higher high and has confirmed a trend reversal. I expect the value of the $CFI to rise...
Bancor is a Decentralized Liquidity Network that allows you to hold any Ethereum token and convert it to any other token in the network, with no counter party, at an automatically calculated price, using a simple web wallet.
Bancor was one of the most hyped ICOs of all time, raising 150million usd. Bancor currently has a market cap of about 150mm usd. This is a...
