Bitcoin - Scheduled Upgrades & Affect on the MarketIn adding upcoming/events, I chose coins which drive the market, BTC -0.98% , ETH, XRM 19.56% and although this is less TA, it more widely
defines the movement of the market. Its always useful to know what upgrades are upcoming (buy hype, sell news) along with what they do. Currently announcements are being held off until market growth where they can be useful, a release from top 100 coins would indicate they feel the market is ready to absorb and benefit, although correlation doesn't equal causation, there seems to be a casual relationship in this market.
Overall major Bitcoin -0.98% upgrades, improvements and "fix's" are scheduled for the end of the year...which i'm sure will eventuate into early 2019 (probably when Crypto should have taken off), Ethereum -2.70% has many scheduled along with many issues, so will be interesting to watch.
TUMBLEBIT - Many users link transactions together increasing anonymity
SIGWIT V0.16 - Update & exchange adoption, enables lighting & >2MB block ( BTC -0.98% )
LIGHTING NETWORK - P2P, centralizes by using chosen nodes to approve off main-network ( BTC -0.98% )
KOVRI - IP -2.47% hiding/TOR network anonymity ( XRM 19.56% )
MONEROV - Block 1564965 moneroblocks.info ( XRM 19.56% )
BULLETPROOFS - Replace method of hiding transactions hence reducing size of blockchain, Monero can take up to 48hrs for wallet to initially sync ( XRM 19.56% ) ( BTC -0.98% )
CASPER - Fix's scaling problem, network congestion, enable proof of stake (leverage large amount coins for fee) DEC 2018 (ETH)
BTC -0.98% 0.79% is seeing some tough times , so I should write this:
***Education Purposes only***
XRM
The King of Privacy is the King of Gains [XMR/BTC]Monero.
Naughty ascending triangle really strong formation occurring, obeying top of triangle V nicely. Supports and resistances everywhere as great safety nets.
Facts
Wave trend
~Looking to turn.
RSI
~Looking to bounce off resistance and hit support.
ADX + DI
~Looking to trend up generally and confirm a trend on the DI+.
BTC
~Bullish movement could increase the Monero growth over time.
Potential 30% increase on a break out from the end of the triangle.
Upcoming fork could be good media for the coin.
Conclusion~
I will be personally picking up some XMR given the conditions in the green accumulation zone I have set just for a longer pull. More upwards then downwards on this play which is a good habit of learning to trade into.
I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose.
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~Xander
XMR looking good :)For me, I don't chase this trend to set an entry, looking at 4hr timeframe, good trend, since above the ichimuco cloud. However, as I can see on the RSI. It seems that the red will cross the blue indicates for the retracement. I'll set an entry maybe at 0.02800000sat and exit maybe on 0.03000000 to take profit (0.0020000sat). Recent update with XRM, they are planning to develop Core Team, which maybe can improve the reputation of XMR. Expect for buying at 4:AM UTC (maybe tomorrow), and selling at 6:00AM UTC (maybe next day).
Disclaimer; All information provided above is for tentatively and no assurance. NOT an Investment advise and for educational purposes only. DO YOUR OWN RESEARCH...
MONERO XMR Hard Fork in March 220% Minimum Price Rise (MED RISK)Monero is scheduled to to a Hard Fork sometime in March (every 6 month). Price rise is expected - MACD is healthy - RSI is oversold in short term - looks very good longer term
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Do not invest what you cannot afford to lose. We are not your financial advisors.
SPI Short Premarket $1.27, ScaleThey put out these fake asks a few days ago for 2.50 in the premarket open, then bought them, only 100 share lots. Such a blatant attempt to pump the price up so they could dump shares. Recently put out a blockchain press release. You can see the rabid selling that happened that day. Company is way over leveraged and too many shares. A sure thing
XRM aka Monero headed to Betty Ford Clinic for 30 day minimum.Enough said, But then again the Monero Fam is strong I heard???
Rett SLoat
-RSS-Legacy
-Wolfy