As always I like to look at things in no smaller than six month time frames. The longer the better in general. I even remember 20 something odd years ago when an investment instructor told me that "if you're investing you shouldn't be looking at a time frame of less than 5 years." Let's apply this to our general way of thinking. When the housing market bubble...
Today I would like to discuss marketcap and how it's played a huge role in pumping cryptocurrencies and accelerating their value assessment. Value is usually assigned as a function of supply and demand and is hopefully tempered by the utility and function of the item being assessed. With the advent of crypto like bitcoin and lesser known alts like verge websites...
Oh gosh! I am just shocked at how the FOMO in BTC and other crypto's like Bitcoin Cash is setting in and responding. What I love is the HUGE INCOMING TOTAL VOLUME that is happening in total right now. Not just in BTC. Its freakin KRAZY! yes with a dam K! Lol.. Well, to sum it all up, we have had 86.4 BILLION arrive in just 9 days! YES 9 DAYS ONLY! Are we...
Zooming in on a 5m chart shows that we are still pushing that red line, however we've got enough volatility to keep this run going. We did see that BART formation, but it was quickly resolved as the bulls continue to flip BTC into BCH. Looking on various off-site charts, we can actually see that BTC is losing its dominance of the crypto market while BCH is...
Everyone has been patiently waiting for what was to always come. Here I will explain the inevitable position of BTC. Where is the bounce is the biggest question clearly there are a lot of people waiting for an entry on a short position, you need to know this. Currently the market cap is down to $290 Billion dollars, just 1 week ago when I posted we were at $350...
There was a lot of amateur buys leading up to 2018. The current down trend is shedding these less educated investors. It will take a great deal of movement to get BTC back near its highs. It's possible recovery is a long way off and more possible an alt coin will emerge as the new market cap leader.
Analysis based on the Eliott and Fibonacci studies. The Litcoin is on a wave 5
Hello everybody, It is a rough week for everyone involved in the crypto world, but I can see light at the end of the tunnel. Here is my prediction for what will happen with the cryptocurrency market (I'm using the BTCUSD chart since I think BTC is still the backbone of the entire crypto market, if BTC falls down, so will the rest...): Before BTC brokeout...
Total crypto market cap found support Jan 17th just under $420 Billion. Approximately the same amount the market found support the last "crash" on December 22nd. The red circles mark these events. A larger trend I'm paying attention to is the dwindling Bitcoin dominance of the cryptocurrency market. I believe the whole market is still in a bull trend while...
This a long trade idea for Bytecoin, I like the fundamentals, this coin has a big market cap but it's still young, still cheap, the circulating supply is massive, 183.25 billion coins, and that is a concern, as is low volume, but I think this coin is going to bounce pretty hard, it already bounced off the 39 sat mark and hit mid fifties, that's a nice gain by...
getsatisfaction.com Alright guys, I got permission from the founders email to post this as an idea, so don't try to ban me!! haha. But you all PLEASE go vote for this on the link! I would love for Tradingview to get the Coinmarketcap data of market cap so we as analyst can track the cash flows going in and out of the market! I think this would be the closest...
The crypto on ranking 10, with a high volume. will it breakout?
Score = 10/12 1) Structure- Price at previous high support, fib support. / 2) Trend- Uptrend. / 3) Strength & Weakness- No sign of strength on bears. / 4) Future Trend Setup- Breakout up to 0.01. / 5) Indicators- i) RSI- 62 Uptrend. / ii) 20EMA- Uptrend, price above. / iii) MACD Lines- Uptrend, >0. / iv) Histogram- Sideway, >0. X 6) VSA- Volume ) Less volume...
Facts: Global M1 money supply is 25 Trillion USD. M1 money supply is defined as Cash and equivalents, i.e. currency which is free and instant to transact. Iota is the only crypto currency which is free and instant to transact. Iota is therefore the only crypto currency eligible to be categorised as M1 money supply and is eligible to compete for a piece of this...
Long trade for Stellar, RSI is distinctly oversold, and the awesome oscillator is awfully quiet. Market cap is over a quarter billion, which is quite substantial, as is the circulating supply of 16.5 billion. Look to the 38.2% Fibonacci level for a general profit target in the near-to-intermediate future. Keep Hunting Everyone.
Same goes for me. This entire sector looks good technically speaking. Find your coin(s). Market cap just reached 150billion new ATH and climbing. My guess is we are approaching a bear market or we are in wave 3 on a larger scale. Interesting to note. When you look at the market cap back in 2014 before it took a dump. It hit 15Billion before it entered a 2 year...
I'm sorry that I did not manage to post in time... it is my first post and I accidentally posted it as private initially... But the idea of surfing on MarketCap waves is very recent and I will definitely repeat this concept so you can follow next time :-)) Happy trading! --- During our weekly Crypto-bloodbath I was shorting Altcoins and BTC and accumulating...