I'm wondering about getting into ETHBTC. I think we will drop down a lot more on BTC and ETHBTC should benefit. I also think there will be a rebound on BTC, this would send the ETHBTC price back down but a well timed exit would make for a good trade. The orange projection is simply a copy and paste from the Feb 2016 bull run - it's not gospel in anyway, but...
As I already posted some weeks ago, I don't think XRPBTC will be a market for me until much later in the year. Like 2017 I think it will spend much of the time going down, of course down but NOT OUT. Ripple has a massive following with committed hodlers and it's one of the largest coins out there. Don't let it out of your sight! If you like to scalp trade there...
Ethereum still follows in Bitcoin's shadow. Looking back over 2017 we see excellent synchronisation of highs and lows until late Oct, when Bitcoin goes into overdrive leaving Ethereum behind. Ethereum lags behind until peaking in mid Jan 2018. I believe the correction will follow analogous to Bitcoin.
Do you think if we all dream together, then we can stop the rain? Whatever will be, was decided long ago.
Tron's just kicking back after the massive hype out at the beginning the year. We just need time to recharge and build up strength for the next round and it will come eventually. There's nothing especially technical here. You'll see Tron likes to repeat the same patterns over and over again; a weird kind of sail shape, which appears either isolated or on top of...
Yeah, this chart probably looks pretty insane, maybe just stoopid, but I think it's important to plan for the worst. Why? Because I'm not intelligent enough to know what's going on even most of the time, let alone all the time. It's our money, plans and dreams we're playing with so you should understand what people mean when they say Bitcoin is a bubble....
OmiseGO looks like it's making weird looking camel humps. I think it'll come down like the other alts. Everything is pointing to end of February being very significant. Hopefully we'll bounce out of this funk then. Again OMG is an excellent buy in Feb/Mar 2018. I'll update this with a USD analysis later.
Think I'm turning bearish, so if you follow me watch out.
This isn't some FUD spreading pysops. It's more of a reality check. A lot of people are suggesting the market is going to recover (or is even already recovering!!) in a couple of days. It won't. The shortest time frame is one month from now. Imo this raises false expectations, as well as FUD among some people. Just looking at the weekly chart though, it seems that...
This idea hinges on the notion that each of these little boxes is a self-similar mathematical pattern known as a fractal. Because the "real" world is highly complex and non-linear there are always many secondary effects in physical systems including, I guess, in markets. We see a degeneration of the fractal pattern as it progresses along what could be a pennant...
I think in general indecision tends to lead to a continuation of the current, next most dominant trend. So I expect the current 2 days of indecisiveness to lead to a continuation of the downtrend either tomorrow or the day after. This means we're likely to retest the support at 9000, consider before placing longs. This will be particularly the case if we close in...
Yellow line or 50 day MA look good, that's a buy range of 15.5 to 16 USDT.
This is how I see things. I certainly won't be going back into XRP until there is clarity. Looking at the chart this is the most obvious possibility. I can't see XRP heading anywhere but south right now. The only reason we scored these great dollar values is because Bitcoin became so expensive by this point I don't believe new users played a significant role....
Positive points Neo recently broke out from a prolonged downtrend and has just move on from its first correction after moving up There is a clear uptrend and the resistance that we saw before is becoming support The kumo cloud looks to be turning from bearish to a bullish cycle NEO's current growth does not seem significantly affected by the Bitcoin price
I guess we''ll see a flash crash soon, this week or next, but I see these as a buying opportunities. Right now I don't see a mega bear cycle lasting 18 months etc or even a massive crash. It might spike under the 20 week moving average (blue curve) or even close under it for a couple of weeks, but I doubt it goes farther. It seems more likely that we will...
If XLM breaks under the 20 day moving average when they meet again soon, it'll do exactly what it did last time: return to the underlying trendline. These similar bubble and blow-off patterns are typical of cryptos and very obvious in the altcoins. It is how bitcoin grows. The problem for XLM is that its underlying trend is still very flat (somewhere in the 100s...