As always, the media likes to create FUD. In reality, it,s a minor pullback. It's actually a fantastic time to find new opportunities in the market. Think of it as a sale on equities, 15% off regular prices. Who doesn't like a good sale? Maybe add a little more to your long-term ETF's for example. The health sector is in a huge pullback.. mainly the POT...
Guys throw away all FUD, something good will come and not only with this coin. Like I wrote in my status keep an eye on 12-16 February. For this coin we can see some approvals: - Volume is growing - All time low was met in December 2017 and until then is growing slowly - MACD looks very good with a lot of space to grow - Price hit first Fibonacci's line...
Fractal Markets Theory: www.investopedia.com "The role of information is crucial in making sound decisions with any sort of investment strategy. Within the framework of FMH, the impact of information availability can lead to changes in time horizons and liquidity. During times of stability, FMH states all investors share the same information. How information is...
Looks like BTC might want to test the limits before a bounce occurs, a lot of support lines have been demolished on the this brutal fall. Big institutions wan't BTC dead, media FUD and conspiracy causing the weak hands to sell into the grubby hands of the big players. Like taking candy from a baby we could say. The whole reason BTC exists it to fight against the...
COINBASE:ETHUSD Had a relatively healthy pullback on the weekly chart with a high-volume bounce off likely support. There's reason to believe the dump could be coming to end. Previous tests of the weekly 20 ema (green) that close above it have resulted in consolidation followed by a move higher. These tests have often been on high volume. Weekly Stochastics...
Until USDT news and i'm calling more collaborative BS, the shorting from futures didn't have the desired effect and almost all crypto was following a nice rising support line. Just my opinion. Wouldn't surprise me if we get more news soon to knock the price down further. I'm buying at strategic fib points on the way down until the manipulators decide they want the...
1. Consolidation (Push up early buyers) 2. Consolidation (Push down - buyers liquidating + sellers trying to stack position) 3. Real buyers trying to move the market higher 4. Short-term buy positions liquidated/Sellers try to push price back down 5. Sellers are exhausted and BUYING continues 6. Sellers try to push back down but now realize they are trapped. 7....
going long on this one
Hey everyone! This is my first analysis and I am very new to technical analysis, so 'bear' with me. Here is the daily chart, since the two are very much complementing each other: The chart is scaled logarithmically, since it gives a better picture of what happened in the past over the linear chart. What worries me the most are the insanely low support levels...
See Jan 13 post and Jan 15 update. TLDR: tried to make a swing from TRX to XRP when XRP hit 1.55 but TRX did not hold up well enough to justify making the trade. Will continue to look for an entry point in XRP that makes sense against the value of both TRX and ETH unless TRX shows life. If it runs I'll play the run until swapping back for ETH. We seem to be...
analysis on chart
Hello crypto crazies well bitcoin and all crypto has seen a huge sell off. The amount of FUD that is surrounding crypto is UNREAL. Dont rush to judgement just because you read an article dive into the topic and dont just trade on headlines. As we saw last night all the reporting coming out of South Korea turned out to be rushes to judgement. NOTHING is final the...
While everybody is sure that the bleeding has stopped following the FUD news in the media, I am taking a further look back in history where we have seen these cards play out before. Now, before you consider that I am hoping Bitcoin to fall, I simply am not. Bitcoin has had a MASSIVE bull run over the year, particularly in Dec-17, and there has been many "healthy...
Since its bottom at ~$0.15, LINKBTC goes through a constant cycle of FUD and FOMO.
BITSTAMP:BTCUSD Time frame - 1D CALM YO TITS GUYS! IT IS NOT YET THE END! :-) First things first, it ALWAYS respects the 50 period moving average (yellow circles), so you can add that indicator to your charts. The price bounced off the strong confluence of fibonacci levels .382 and .236. FIBONACCI WORKS GUYS! Especially when they have confluence like...
Just an idea...I have another TA on ripple that you can check out on my page. This is the idea based on the facts of impulse, psychology, and human emotion. It's pretty straight forward, explaining that since the impulse acts in waves, we should be seeing a slow uptrend in ripple for the next couple of days. The highest point it could make is 28k sash, before...
A more natural growth baseline. It may plod along for a while on this same gradual upwards trend until the next pump and dump attempt. It is noted that some agitators are still busy with their XVG FUD. Another pump and dump might not be too far away on the horizon? Or last desperate attempts to short XVG just a bit further, perhaps the dump did not go as far...