price may move way beyond 'resistance levels' due to extremely unique and unusual setup.
we rarely have golden crosses in Bitcoin, last one was at the beginning of the big multi year bull market in 2015.
the triangle is -- should we hold it today -- textbook. it alone would have moved price to 6k after a breakout.
Bollinger squeeze is very clean. should price...
My August-September-October forecast played out rather good, and nothing as changed since then, in terms of fundamentals.
In terms of technicals, the violent Tether-related action on Bitfinex might just give a little bullishness for the next few days, but nothing more in my opinion.
The fundamentals will pick up eventually, THIS MARKET NEEDS A FLUSH.
I sum up my...
Ranked #14 on coinmarketcap, NEO is one of the promising blockhain project which tend to be called " A China version of Ethereum". Do you agree with that?
NEO is a home for blockchain project like ONT, QLC, RPX, TKY, GAS, ZPT and some others.
In our opinion NEO is considerably worth to be as part of your portfolio in terms of fundamental part. But look at the...
Mike Novogratz who is well known ex-hedge fund manager appeared on CNBC in a episode of Fast Money with Melissa Lee, Guy AdamiTim Seymour, and Steve Grasso.
Novograts discussed how much progress has taken place in the bitcoin community despite the price decline in bitcoin this year. There have been many companies entering the space, building technology to ease...
We love to see this chart. Looks like ICON just finish it's first price action wave. Which is we think that the bottom is in. Why?
1. Price is back to the level where it was started on the first day it listed on Binance. Under 10k sats is really a bargain.
2. The price action getting closer with the ichimoku cloud, which mean it's getting closer the reversal....
If you are an intra-day trader or shorter time frame than mid-term (around 1-3 months), ETC is not yours to trade. ETC proved itself as the lowest volatility in price against BTC. Which in average give return 25-40% between the top and bottom through 2018.
ETC is a fork of Ethereum which promising about more stability bla-bla in blockchain network. It's glory day...
After a terrific dead cat bounce NANO finally facing the retracement, it already did. and the it bounce again but with weak power and making wick on price actions which means the power of that direction slowly faded.
It is supported by RSI level which shows us a bearish div. Nothing more to say, looking forward for the second short-term retracement before at the...
If btc repeats itself like in 2014 the bottom should be 3000/3500$ just based on a pure comparison with it.
For now seems like it could complete the right shoulder, but if we look at the past the IH&S pattern almost never played out.
I see two scenarios right now.
1) this IHS will play out, after all seems like most ppl expect it won't (based on the past) which...
The white vertical line is Jan 09.
The white horizontal line is my personal estimation for a ceiling in price and adoption.
The blue lines are my personal extrapolation of the range using historical peaks and dips.
A stabilization between 100 000 and 200 000 $ would put Bitcoin between 2 - 4 trillion $ market cap.
This would be relatively small compared to global...
As you can see, the pattern fails for a short period of time. It breaks the strong support level, which triggered bots to sell and traders to panic sell. But, we found a fire support level on the larger symmetrical triangle,
which made us smash through the smaller descending triangle with only 3 minor red candles while passing through.
The funny thing is that we...
There are very few coins in market with strong fundamentals and solid product. SIRIN LABS is one of them who is trying to introduce blockchain to mass adoption through integrated blockchain technology in phone and computers.
The chart looks very bullish just broke the downtrend and heading up
This is long term analysis on 1D chart LSK/BTC relation. I'm aware of historic LiskHQ delays, those have been taken in count. Chart may not work in exact timeframes, but it's about general insight and possible outcome. Description on chart directly.
Being interested in crypto, QIWI is one I have been looking at. They have had several crypto related stories surrounding them, such as applying to trademark "bitruble" www.coindesk.com
QIWI also launched it's own subsidiary...