Hello dear traders.
Corona virus is hitting hard. Black swan event is in play. We might see the biggest shift of wealth in human history.
Perhaps people will understand that our current financial system isn't the best and that it's time for a more stable and better form of currency.
Bitcoin has not yet reached that point, but in a few years from now it will at...
Look for price to fall into recent areas of structure. At these levels, price will either pause and continue lower, or reverse and continue reaching new highs. Look for entry signals at each of these points and set take-profits in reasonable locations.
A 2008 style VIX superspike is currently building into this market, It has not finished it's double top.
This is the same VIX analysis except the spike to the left is described in it's normal Double-Top with a 1,2,3 decay harmonic.
50/80 Double top can be realistically expected shortly ..
With it 1500 point drop in the DJIA could easily be expected.. And...
The Secret is in the VIX ... VIX is behaving very differently than it's normal patterns .. It's indicating a VERY LARGE SELLOFF by the end of next week..
www.tradingview.com
This is going to turtle futures point to large futures drop..
Based on their website data:
-Blackcoin was the first coin to go full proof of stake.
-It is also the worlds first coin to have working smart contracts.
-In early 2014 Blackcoin was the first coin to combine POS with a multipool. It was so powerful it was nicknamed the "Blackhole".
THE ANNUAL INFLATION OF BLACKCOIN
It is a fixed amount of BLK due to static...
Wanted to chart Raven here, there has been a lot of moves made with this coin throughout 2018.
I have had some small bids fill around the 380 level, as 355 sats is acting as a nice level of support. Some resistance around 500 sats, for now it appears to be ranging between 355 - 500
I could see the 355 support breaking down if the market takes a significant...
A break down from the flag is the most probable direction here...most likely just in time for Black Friday...the stoch rsi seems to concur with me...I will be taking advantage of those Black Friday prices and stocking up. You make your own decisions though because financial advice is not included here. Thanks for reading and good luck!
Following the previous idea on BlackCoin , it has proved it worthy, while it broke above the strong resistance area between $0.35-0.4 and went above our upside target that was at $0.95.
Currently, BLK/USD corrected back to the previous resistance area: $0.35-0.4 which has been rejected together with the 4/1 Gann Fan trendline. The uptrend is likely to continue,...
Blackcoin broke its downtrend and seems to be heading back to the top of its channel. This alone would bring it to around 0.00018500 (+130%), but I also think that after this run it is likely to maintain an uptrend towards the double moon
From a purely technical perspective I think we're incredibility close to a short term bottom now, even with a lower low in the weekly it is still printing a bullish divergence in the RSI here.
Currently, geopolitical factors plus the record short relative to longs position are a huge tail risk as seen today from the US EIA oil inventories (-3568K vs +1300K...
This is a time where all fundamentals about the oversupply of oil, glut, and worsening global economy should be ignored.
It is simply so oversold that it in the near term it will vastly outperform most other assets. There's simply a limit to how low it can get before it bottoms.
No, WTI (USOIL) isn't going to $20 in the near term yet. I do see a possibility of...
