Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
I'm with the Bears, wannaBulls, and Dip Pippers looking for the next best purchase time. Putting a low, low series of limit orders to catch the inevitable correction. Traditional financial strategy stop losses will likely succumb to BTC's volatility and domino down an extra few percentages and these are the bitties I hope to grab. Get 'em low enough, Bear or Bull,...
Posting my personal view, less TA and more just watching trends to see how they actualize. I'm an amateur and this is certainly not advice. A H&S is visually apparent in the chart, but measuring it shows it to be incredibly sloppy - not a powerful indicator of trend reversal yet. A related area of concern, though, is that we have significantly dropped below EMA50...
The recent bounce established some certainty in our channel low, developed since late Nov after a great month. Trend is still positive, but more tame at around 8% per month. Amplifications are interacting with Fib levels, so oscillators are our best friend here. Overall sad we're not seeing the performance of some other alts right now, but here's hoping DashPay delivers
Looking forward to the Cardano community fork next week. Been Mapping out some notable trends that developed after Shelley. While I doubt ADA will follow an EXACT pattern after Goguen, it does make sense that we will see similar lows and highs to swing to before the next community fork. Next notable resistance up is at the $0.20 mark and $0.15 at the bottom end,...
Support lines look strong but I suspect there will be plenty of faltering and retesting in the coming week. BTC tumble and a major holiday in America make for plenty of uncertainty. I think fate favors a long hold, but buyers may be able to find a few extra peeps at the resistance. Observation, not advice.
BAT enjoyed a stable price range from $0.23 - $0.28 from Jun through September this year, and this weeks jump has brought us back to this range from a Fall low. If the shoe fits... The notable price surge in Aug may have been due to some corporate buy in - I think I noticed PayPal ads begin to appear around this time - and the current BTC surge has been led...
Watching for push against $625. When that dam breaks, $700 looks like a clear shot. Honestly wouldn’t be surprised to see $850 again by next Spring if Maker and DAI keep relevance.
While Bitcoins price cools, I’ve been researching which altcoins to ride into winter with. Here are the cash-alternative tokens that beat BTC in pure gains since March, when we entered a renewed global economic mindset. (Ripple, Uni, and other utility tokens not considered). Note ZEC’s price dip as it went into a halving mid-November. Following Bitcoin chain...
The Shelley hard fork earlier this year proved 2 things: 1. that it can successfully coordinate a community wide fork, a critical component to their community governance perspective, and 2. that Cardano is ready to come out and play. The Shelley hard fork allows creators to plug in smart contracts to the Cardano network, allowing for wider creation of...
ALGO shooting out early, along with the rest of the alt economy. $0.30 is the resistance level to watch as the market determines whether it will make or break the coin and $0.40 will be our next stop - a 33% return if you’re keen to try your luck on the randomness token. Not financial advice.
Uniswap, the third universal currency contender, has followed a similar but far more volatile trend in this same time period. Investing in Uni while watching indicators in more stable XLM may be a worthwhile tactic.
An XRP:XLM comparison has shown to be useful lately as the two are highly correlated, both with the ultimate goal of being universal currency swap networks. A quick look at the two currencies these last days shows XRP is performing at a rate that is above XLM's next upper resistance, and continuing to rise. While it may appear that XRP is simply winning the...
Algorand, like several other Altcoins, are at the tail end of a descending triangle pattern, making buzz for an Alt Season. But will Algorand share the spotlight? Past patterns have led to lackluster results, crawling back to trend slower than other coins after the tumble this March, defining not only a new ATL, but an upper resistance boundary for it as...
Mapping out some key resistance levels to watch as EOS moves to the bottom corner of it's descending triangle. Probably too early to break out yet, but I expect to see a push up to the bearish trend line at around 3.00 before falling once or twice more to familiar lows. Next year, exiting the triangle above 2.66 in late Spring would be a great indicator of things...
Seasonal highs and lows have defined a breathing pattern in Enjin between $0.05 and $0.25 for huge swing potential of 150-350% ROI over 12 months. Interaction with historical support and resistance may encourage this pattern. If Enjin remains stable, swing purchase season may start next Spring. Breakout may happen at any point, up or down, but even major breaks...
ADA is currently at an important price decision zone, falling to its lowest growth rate since Pandemic Panic in March while reestablishing historic resistance levels along the way. We’ve been oscillating in agreement between $0.09 and $0.11, the same region ADA hugged in Apr-Sep 2019 before falling bearish to a bottom of around $0.03. Unable to sustain our highs...