MikeLeChat

MikeLeChat Updated 

Just wanted to throw down a quick scenario; There's a few things that have been bothering me throughout this recent uptrend. Firstly volume, it's been very far between with large pumps followed by a total drop off, more concerning to me is that these pumps happened at the same time of day twice, my rule of thumb for Bitcoin patterns is that twice is a...

MikeLeChat Updated 

Hello it's Mattress Mike with a view on the next few days; Now hindsight is 20/20 and we all make mistakes, the important thing is to learn from this. This is an important consideration when reading adive of the many armchair experts calling for sub $3k on the basis that they have been correct so far. But herein lays the problem that everyone is correct until...

MikeLeChat Updated 

Hello there, it's Mackerel Mike. Before I crack on I just want to walk you through what I just did. If you read my last update then you'll recall I opened a short to scalp a little, stop loss got hit and it was a sad time. Since then I reopened and caught the small drop with a bit of leverage a minute ago so it's fine I’m over it. Then I noticed something, I...

MikeLeChat Updated 

Hello it is Musty Mike back with a take on Bitcoin So Bitcoin has been making some interesting moves as of late, causing doubt on any bullish analysis and has left anyone who predicted a downwards move to become more overconfident than ever, regardless of your outlook these are signifcant events we are seeing unfold in this correction. We seem to have reached a...

MikeLeChat Updated 

No no no, that's enough TA pointing us down to $2k, the whole premise is silly and it's very badly written. Right so take a look at the above chart, that's right, it's everybody's favourite digital currency compared against everyone's favourite economic disaster, the Great Depression! Wahey. So you can see i've colour coded key events in the downturn in...

MikeLeChat

Hey there, it's moustache Mike here if with a 2 part special! When you look back over the last year one thing can become very obvious, if you're looking for crazy gains you need to be in there early, of course there are always exceptions to this rule but if you can pick a strong project with the right fundamentals before anyone else could care less about it you...

MikeLeChat Updated 

Hey there, Meandering Mike here with an alt trade. I won't waste time with the fundamentals on this one, although Pot has had some endorsed tweets from Charlie Sheen recently which is of course positive exposure, I think the technicals are the main focus on this trade. Timing, one of the hardest things in my mind when it comes to predicting the high gain trades,...

MikeLeChat Updated 

Ahoy, it's Maritime Mike here with a take on Bitcoin I was rather unhappy with my last chart and I hesitated to share this one due to my own indecision recently, however I’m throwing my hat in the ring and calling $14k Bitcoin by July. Fundamental wise market sentiment is good, there is some excellent bullish news coming out on institutional interest in Bitcoin...

MikeLeChat Updated 

Hello it's Manta Ray Mike with a take on Bitcoin, The whales, the whales! It's always the goddam whales isn't it. A call didn't go the way you planned? It was the whales Burnt the toast? It was the whales An area of the UK popularly associated with sheep farming? Wales. Firstly I am not saying that whales don't move the markets, of course they do. The big...

MikeLeChat Updated 

Good day everyone, it's Muffin Mike and I'm back to look at Bitcoin, I have been keeping up with popular views over the weekend and there seems to be a bit of a throwback trend, funnily the same chart comparison was being shared around Reddit a month or 2 ago, but it's back again and whilst I will admit it has it's merits to compare past corrections, I do have...

MikeLeChat Updated 

Hello, Mollusc Mike here back with a new overview of Bitcoin Something that has troubled me for some time is the following contradictory views; A: Crypto is pushed to extremes in both directions by speculation via inexperienced investors who aren't versed in TA, or who simply ignore it. B: Our trendlines and retrace targets are to be built using the peak...

MikeLeChat

Good evening amigos, it's Malacophonous Mike, I wanted to post this as a separate post from my ongoing Bitcoin overview as i've seen a number of things mentioned regarding the ATH of Bitcoin shorts and why it means the price is going to drop significantly. Now before I start, I would like to say this is not a 'correction is over, grab your moon boots' kinda...

MikeLeChat Updated 

Oh hi there, it's Marmalade Mike, Firstly, this call gives me no pleasure to call. Though I certainly never don't hate on any coin, if a coin can make us money then i'm more than happy for it to exist.. BUT.. it's got to be said that when it comes to Bitcoin Gold i'm not such a fan since it doesn't bring anything new to the space and how it got listed on all the...

MikeLeChat Updated 

Hello Comrades, it's Moscow Mike with a new Alt trade, Firstly just a brief rundown of the fundamental factors, SIB Coin, formerly Siberian Chevron, is a Dash fork. It has an active development team and in my opinion is a very underated project which has been flying under the radar lately, however with the name rebrand, some upcoming marketing and usablility...

MikeLeChat Updated 

Good Day to you all, it's Marmoset Mike back with an update on Bitcoin. So following on from my last post we underestimated the sell side volume which pushed us past our $7,200 bottom target and in spitting distance of a double bottom. Finding the end of a drop is challenge in any market, in an emotional market such as this it is even more so. However a 10%...

MikeLeChat Updated 

Welcome to the first of many Alt analysis from your pal Mineral Mike, SALT is a token that's peaked my interest from it's launch and is still the new kid on the block in many respects, but in my view it's one to watch for both the medium and long term, so first lets look at some fundamentals; SALT is a lending platform allowing you to currently place your...

MikeLeChat Updated 

Hello, it's Mitochondria Mike and I'm back with one more trade for today The focus of these initial trades is to give you a head-start out of this jolly old correction on the coins that we think will outperform during the coming market phase So lets look at some fundamentals - The most obvious recent interest in AMP is the imminent coin burn of 33% of ...

MikeLeChat Updated 

It's good old Molasses Mike here with a Bitcoin update, Before we crack on, I wanted to note that I'm currently working with some other able chaps to start bringing some trades on Bitcoin & Alts so please watch this space as this is just a 'for fun' update on the mac daddy Bitcoin. I've been keeping an eye on some paid groups recently and whilst some seem better...