Ethereum Classic (ETC) has been a complete disappointment for a lot of investors in the past. The price failed to rally at the same pace as the rest of the market and thus investors who were betting big on Ethereum Classic (ETC) did not profit as much as those that bought Ripple (XRP) or EOS(EOS). However, Ethereum Classic (ETC) is known for making its own moves...
Stellar (XLM) is not just another cryptocurrency. It is the future of peer to peer payment. A popular theory at this time in the crypto community is that until recently platforms enjoyed the most success, but in the months to come, cryptocurrency projects with a focus on peer to peer solutions are going to be more successful and widely adopted. Stellar (XLM) is...
Ethereum (ETH) rallied like a raging bull to the surprise of many yesterday. This from a cryptocurrency that had seen red days one after another and exhibited extreme weakness was completely out of the blue. The price seems to have bottomed out around $172 and those waiting for $150 might have missed the train already. The chart above for ETH/USD shows that the...
Bitcoin (BTC) has given us some signs of hope the last few days but we have seen comparatively more energy in altcoins. This is because as historical cycles indicate, we are at the brink of an altcoin rally. The daily chart above for BTC/USD shows that Bitcoin (BTC) is all set for a break out but temporarily faces a 21 Day EMA resistance. It is unlikely to be...
It is a rare sight in the crypto community to see Ethereum (ETH) in the green after a long queue of weeks in the red. The daily chart above for ETH/USD shows that Ethereum (ETH) is just a single step away from kicking off the altcoin rally. This chart is the perfect example of how history may not repeat itself but it does rhyme. The pattern of rise before 2018...
Bitcoin (BTC) might be the single biggest winner of the US China trade war that has left investors completely perplexed. The stock market is completely clueless as to what Trump might to next to escalate the trade war. This has created a serious trust deficit as far as stock marketing investing is concerned. Prospects for interest rate hikes at this point look...
Bitcoin has done a good job at respecting the $5,800 support which roughly comes down to the average cost to mine 1 Bitcoin. Most miner friends of mine have already stopped mining. Some have sold their equipment and invested directly into coins. Now, the sentiment has definitely reached a point where even some of my sensible investor friends are scard sh*tless....
Don't over-complicate. There is a difference between trading and investing. You gotta know which one you're doing. If you're trading, this chart should help you discover buy and sell setups, if you are investing, it shows you possible price targets and when to expect them. Of course history may not always repeat itself but it does rhyme. The price may not follow...
Ethereum Classic (ETC) has long been hailed as a hidden diamond in some crypto circles. This time, the whole crypto community can literally see what it really meant. It is true that Ethereum Classic (ETC) is a rare diamond of a blockchain project, but that is not what we are talking about. The weekly chart above for ETC/USD shows exactly what we are talking about....
Forget about ETC for a moment. Forget about the price, forget about the fundamentals, forget about everything. Just look at what's right in front of you. This right here is a piece of history, happening right in front of you. The only question is, "What would you do?"
This is how it happens. Russia, China, Germany all set to dump USD for EUR, literally. EURO will take the lead as the immediate leading global currency but the real question is, till when and to what end? All of these developments are solid reasons why Bitcoin is doing so well. A paradigm shift is at hand. Interesting times ahead.
Look at the state of global markets. People in countries with broken economies are increasingly turning to Bitcoin to protect themselves. Choosing something with inherent value over worthless paper used to be a privilege; now it is a necessity. Are you sure you want to miss this opportunity just because you're waiting for the price to fall a couple of hundred...
Ethereum Classic (ETC) has just formed a bullish hammer candlestick on the daily ETC/USD chart above, which followed by a green candle is a strong sign of a downtrend capitulation as it indicates that the bears have finally given up. This marks the beginning of a new cycle for Ethereum Classic (ETC) as a reversal is expected from these levels. The solid support of...
The weekly chart for ETC/USD shows that the last time Ethereum Classic (ETC) completed a correction; it had a 3615% rally in the next 238 days. Current price action for Ethereum Classic (ETC) shows that its RSI, which is trading in a falling wedge, has to break out in the weeks ahead. The RSI has not been at such critical levels since April 2017. This means that...
Bitcoin (BTC) has been in a constant downtrend for the last few weeks. The price crashed especially hard during the last few days. The price did break below $6,000, but contrary to expectations, the price found support at what was previously a downtrend resistance as can be seen on the BTC/USD daily chart above. The fall slowed down after Bitcoin (BTC) breached...