Litecoin is possibly the most important alt-coin aside from Ethereum in my opinion and it is still a sleeping giant. Why do I say that? Simply because of longevity and trust. Developed in 2011, Litecoin is by far one of the oldest cryptocurrencies that has remained a top 10 cryptocurrency for over 95% if its lifespan and that won't change any time soon.
Ethereum has been slowly boiling on its course to re-test new all time highs and it is still a great time to invest in Ethereum.
Within the past week we have seen a solid support level of around $980 but has traded to as low as $880. As of today now we see Ethereum hugging the 0.786 on the Fibonacci Retracement steadily hovering at $1050 and strongly...
I know there's probably a lot of sweaty hands after this 30% price drop in Bitcoin. Corrections like these are inevitable in the world of cryptocurrencies.
But rest assured that the trend is still alive. Corrections like these set new crucial support levels. Bitcoin has bounced through and off of the 1.618 on the Fibonacci sequence four times setting the...
Ethereum has been on a complete moon ride the past couple of weeks with not much signs of slowing down. Yesterday on January 4th we broke slightly past the 0.786 on the Fibonacci Retracement trading slightly past $1150 before coming back down into the $1000 - $1050 range were it currently is trading now.
I believe we can expect another pump up to $1150 from...
- Structural headwinds through gig economy, freelancing and 'escape the rat race' theme
- 3Y revenue growth 22%
- Improving gross margins. 70%
- Recent insider purchases
- Like shopify, but for talent. Online talent marketplace.
-Value? Market cap half of Fiverr with revenue twice as much.
- Major trend reversal. Short term moving averages crossing Long...
Here is a trade I took countering the trend , very risky but it paid off
I have marked out where I see the pound yen moving to the two areas where I can see potential breakdown of a trend going south
Happy trading everyone
Good morning everyone
I will be going through at least ten pairs today giving you my thoughts and analysis and why I feel the way I do on each analysis. Today looked at Aud usd from a friend of mine who pointed this one out. I can see this market going back into where the buyers were first dominant plus I like to buy stuff cheaper than retail price: so my if...
The short-term expectation is a likely drop in price to about the 290.00 level before a last push by buyers to the -0.27 Fibonacci Level.
Trade with care. Use a strategy you have tested and verified.
More Than Just Trading.
Today RBA Cut the the Key Interest Rate by 25 basis points From 1.75 to 1.5 as Consensus suggested.
The Australian Dollar rallied and now has formed a Bearish RSI Divergence on the 4 Hour chart after Hitting Important Resistance of 0.7620-30 looks Like it will pull back a bit at least to 0.7540 which also a important support and fib leve l before...