OMG's Support and Resistance levels are extremely important as they signify the points where extreme wealth/insiders/long term investors have stepped in to either sell or buy more exposure.
Now this price point makes me very excited; from this zone we have both rebounded and crashed, further it clearly signals the start of the 2017 rally and the beginning of the...
I read an article this morning by "Investing Channel" a boutique alternatives investing group that peddles mostly ZeroHedge-esq supported equities and assets, think gold, silver, bitcoin etc, and they seem very confident that the bitcoin "bubble" has "burst".
Firstly one should ask what is a bubble? Everything...if you don't want to have a mental breakdown today...
Bitcoin is getting ready for a major move.
The bulls are snorting and the bears are growling, chatroom's are exploding with volatile emotions and reactions, days ago tops were called, others frantically dug through trading view posts to find information that validated their own internal belief systems.
Will Alts continue to outshine or will they crash and burn,...
This season I expect the majority of capital to be thrown towards solutions for scaling ethereum and other blockchains like dot, with a few primary contenders sticking out; OMG, CELR, MATIC and RAIDEN.
Raiden however would have to be one of my most favored projects; and one I see with huge potential (an easy 600%).
Volume proceeds price and we have seen incremental inflows for this BNPL, suggesting that there are some extremely bullish buyers lining up to take these shares from your hands.
We can see the RSI coiling for the 3rd time in the past few weeks suggesting we should see some upside today in price action, and hopefully another day close higher.
Just an update on the current hourly chart for SPT, after a positive AGM last night expecting continued gains for this BNPL pick, OBV positive, RSI looking to upside and current price maintaining 20DMA.
Splitit has shined bright this week, with double digit gains daily and a whopping 14 million dollars in shares exchanged by 2pm Tuesday 29 October following the release of the companies quarterly statement and a brand new investor presentation.
These releases coincide with the AGM being held in Sydney, Australia tomorrow evening, whilst the statements did not...
Splitit has come quite far since its explosive IPO earlier last year and its rocketing movements to $2 per share, the BNPL sector overall has seen a flurry of demand across major markets, partially due to a global lack of comparative salary growth, increased debts and easing credit regulations.
Recently major BNPL creditors like Afterpay and Z1P have come under...