$SONM is the primary sponsor of Consensus next week. They'll be seen by a lot of people, underrated and under advertised project to this point. As much as people want to say Consensus is meaningless, SONM landed in NYC on the 7th and met with VC firms all week. They have 7,000 people going to Consensus. Minuscule number. But 6,500 of those people are people who...
$MCO is in the same space at $MTL but a better product IMHO. Also Consensus Sponsor so it will get a lot of eyes next week. Everything depended upon BTC but right now its sitting on a support and a fib. Huge potential to drop off but if it can hold this line until Consensus I think it has a huge pop potential.
$FUN sitting a little above a solid support. Love the project, just waiting for Casinos to open. Beta just went live. They're attending Consensus and holding meetings but they will not have a large presence. Its a LT hodl for me. Decent spot to accumulate but maybe more bang for your buck with sponsors eating up the limelight next week.
Quick BTC update. Bear flag price action was confirmed and we got a drop down to 8.2k which extended the bullish divergence leading to a nice bounce. We got close to testing the 8.7k resistance but so far fell short. Need a break up to invalidate this current downtrend.
BTC/USD recovery less certain (resting bottom of the cloud): perhaps following south Korea's internal problems recovery could falter from technical perspective suggesting likely downside risk. Failure to register a weekly close below 8800 would strengthen the upside bias. Keeping a close eye here.
Lots of alt coins seem to be going down the same path. I was expecting big things from SALT LT but this is making me nervous. Lets hope that $ADA and $BTC aren't going to do what $SALT and $POE have done.
WAN letting bears get traction, momentum will carry them through ST but'll inevitably kick the bulls into gear. A great time to add $WAN the swag bag.
Wanchain is most certainly a long term hold especially being recently listed on Huobi Pro exchange. Nows your chance.
A clear short, an ideal position in the 3-4 days to buy the dip ready for the LT.
'Eggs' are delicate, and if all of your eggs were in one container, and that container was damaged, you might lose all of your eggs in one quick and painful moment. - Risk management.
Longing ZRX short-mid term. Using Volume and BB.
Why Vol & BB ???
If I’m trading a chart pattern, I check the volume profile to gauge how confident I should be that it will play out as expected. Ascertain whether the violation of a major support/resistance area is likely to stick. If price is trying to break through a major resistance level, ideally I would...