According to PlanB's Stock to Flow Cross Asset Model (S2FX), Bitcoin (BTC) is still undervalued by 35% as of now and the fair value of Bitcoin will climb further in the next month. The S2FX model predicts a Bitcoin price of around 280k USD by end of 2024 at latest. What we saw in the last weeks is a lot of buying activity of institutions like Microstrategy,...
Clearly we are getting less and less and less GDP growth for every new $ printed. Yet they call it "Stimulus". While I am not against deficits, I am against excessive deficits that only manage to fuel asset price inflation . Zombie companies are not supposed to exist in any economic book. Yet they do and are supported by the FED. Bankrupt companies with cash flow...
LONG YFI - yEarn.finance is a decentralized asset management platform that has multiple uses ranging from liquidity provision, lending, to insurance. The most prominent product in its ecosystem is Vaults which maximize users' yields by through various yield farming strategies proposed by the community. Token Yield Aggregator Decentralized Finance...
"Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another." That is the use case reported on their website. From what I understand they are active in issuance and tokenization of assets. You can buy it on Binance, Bittrex, Bitrue, and other important exchanges. 24 H VOLUME today is almost as high as...
Today, CryptoMarket direction may be determined by the monthly candle close... Only few more hours until confirming... I'm inclining towards the bulls but ready for both sides! Are you ready?! Bitcoin appears to be only 2nd to "TIME" when it comes to scarcity! Think again...
Have had my eye on Atom for quite some time now. There may be an exciting opportunity here as this is a "new coin" that has not seen the pump of a bull market. Fairly low total supply about 3x of Ethereum. I was lucky enough to get a very small bag of $7 ETH by total chance so Im fully aware of what is possible. Interoperability will be a major need in...
Long term investments - 2019: This is a series of posts on long term investment for 2019. Every serious investor establishes a solid money management with a balanced risk factor. Investing 100% of your savings in forex or crypto currency is like make a blind all in at poker. So a key factor is to choose which asset allocation suites better for you and to found...
Hi, Green area consists of: 1) Fibonacci Golden Ratio 62% 2) Fibonacci Extension 127% 3) Middle number 16.500 4) Daily & Weekly EMA200 are around the marked area. 5) 2X AB=CD! 6) Channel projection 7) Let the bullish price action around the green area guides you into the trade! 16.500 is the key level, wait for a smaller timeframe candlestick patterns after...
Since the start of this year silver prices have risen 10% versus the US dollar and 13% versus the Chinese yuan and the Indian rupee. Despite the strong rise in silver prices, their overall performance has been rather disappointing. Gold prices have considerably outperformed silver prices. As a result the gold/silver ratio has risen to new highs. The...
Some bearish patterns around 2010 high at $1430, will be an indication that we may have a short-term scalp opportunity! "The market generates behavior patterns and the patterns repeat themselves, but not every time." – Mark Douglas Do your own research and if this matching with mine then you are ready to go! Please, take a second and support my idea post by...
Are we going to see a repeat of this years false gains? Remember than back a few months ago when Bitcoin started gaining in price, there was the thought that the bear market was over and the bull run started. Eagerly, lots of novice investors started dumping money to catch the "wave" only to get slaughtered with a straight drop. These are called Bear Market...
Its the time of the month when gold has started its recent rallies 2015-2018. Sell off after recent highs in my opinion is just a corrective move before gold is moving to even higher this year. Donald Trump said “We have a gentleman that loves quantitative tightening in the Fed. We have a gentleman that likes a very strong dollar in the Fed. So with all of those...
This monthly shows that it is a good time to buy this asset. If the markets continue volatility, this mining ETF will gain traction.
WHAT DO WE HAVE WITH THIS ASSET? Ethereum is in a fighting with XRP for second place in the market cap. Ripple recently had a 200% gain, and ethereum has not yet had a pump yet. Symmetrical triangle Breakout whit a nice volume. Ma's of 45 and 72 bullish cross. Will follow BTC if, Bitcoin goes down!
S&P 500 is going down, according to what I am seeing from the chart above. Let's take a look. SPX top is sitting at 2940.91. After touching this level, it has now gone down and tested EMA10 (light blue line) as support. Looking at the history of this chart, it is easy to see that EMA10 always works as support for SPX. But each time EMA10 is broken, support is...
What do we have with this asset? Great project for long term, great team. Even with the lasts dumps of BTC, this asset recorded a 50% gain, showing that the selling force is tired. Double Bottom on daily chart. Fibonnaci perfectly retraced to 0.786 level, Wave 1 and 2 is complete. If we do not have strong dumps with BTC, we are heading for impulsive wave 3. THE...