Crypto going full bubble was easy to see for some, not me. But i was able to foresaw Monero going nuts up to x400 (40,000%) in just 18 months. Check related ideas to see analisys of why xmr should have gone bubble in 2017 (darknet market adoption, reduced inflation, tail emission and privacy features). Here a couple charts from my original monero long idea...
A good analisys can't predict the future. A good analisys consider options and assigns probabilities. Basically i consider a visit to sub 10k almost guaranteed. Supported both by simple technical analisys and fundamental analisys. Once there there are multiple options. We could be in early 2013 or late 2013. GREEN : A major bubble incoming, public sees sub 10k...
I've been a silver bull for quite a long time (thanks to my silver guru @EdTheLorax) and i have silver account i've been slowly engrossing as i took profits from cryptomarkets. This is my proposal for a potential path forward. Buying near 16 usd per ounce is always a good price. With overvalued stocks in average, potentially war times coming, terrorism, social...
After the huge success to call top and bottom on BraveNewCoin daily index just with moving averages and MACD and RSI last time (check related ideas) i am repeating the structure to findout the bottom. And the answer is below 9k. As i was already expecting. And it should happen somewhere between the first 3 weeks of january. Have fun guys.
It couldn't be more obvious. But sometimes the composite man will make it seem obvious just to rekt everyone later, so trade carefully. With the current market status (a parabollic move that got halted with CME futures launch) and all the uncertainity going down seems the only path forward. The rising wedge was a text book one. Gets built straight from the...
The lack of volume in bitcoin institutional derivatives, showing the lack of interest of institutional investors to bitcoin market exposure. Volume is averaging (50MA for 2h sessions) slightly over 1000 contracts, worth 5 bitcoin each. The lack of audit of Tether and Bitfinex, a scheme that accounts for half of the BTCUSD trading volume and 1.2B outstanding...
I love being retired, i only have to play the safest and easiest bets. I bought today's blood, basically btc and bch. Just added a bit more to my bch position on this cloud break and retest after that double bottom on descending volume.
Potential playout of ethereum price action if we are just in another temporary stop and not the bubble burst yet. For now a short down to the 600 level should be an easy trade.
You guys know i am THE bear. Neither alste. nor khun, bagofXMR is THE bear :joy: NYA contentious (thanks to the core dev team and its fanatics) fork will show to the world bitcoin is going to split for third time in 3 months, a grotesque show that will set back bitcoin a couple of years at the very least (from mainstream institutional investors...
We bounced off trendline back down and broke the rising wedge. This should lead to a drop back to 3200, potentially revisiting bottom below 3000
Red triangles: Rising wedges breaking down Critical support: Reversal level for last bitcoin crash. 68.1% retracement of 2015-2017 bull market. 78.6% retracement of march-september bull market. Doom level: below this most miners will be mining at loss, only bad things below this price. 78.6% retracement of 2015-2017 bull market Green line: 2013-2014 bubble...
There is nothing complicated in this chart. MACD , RSI and more importantly, price, are showing toppish structures similar to previous tops.
the big channel, the previous ath, the fib level, the 50% retracement... This level should hold for a while EDIT: the buy zone is the green rectangle, that should be aligned with the bottom trendline of the channel. So the entry would be 2.9-3.1k
Bottom of channel, descending volume, 30m rsi and macd bullish divergences target 3890 and 3945 Filling buys now
PBOC (china's central bank) already forbidded to raise funds through ico's and forces its citizens to liquidate their ico tokens. SEC and the USA are also already starting to regulate the ico fund raising, and has already forced to refund eth to investors to one ico. twitter.com twitter.com twitter.com twitter.com www.forbes.com Time to liquidate eth and its...
Entry price: 4414-4484 range. Always short bitcoin carefully. But there is only one way to go: DOWN. Get some info about this issues here: medium.com medium.com hackernoon.com www.youtube.com www.coindesk.com Technichally we have bear divergences in both daily macd and rsi. We have a broken trendline, a daily macd bearish crossover and a stochrsi daily bearish...
Found support on both 144 3h EMA and SMA. Is trading back above key level at 560. 3h MACD crossed bullish And fundamentally, Bitcoin cash proved to have a strong support among miners, who "lost" potential profits in order to get bitcoin cash blocktime back in track.
Looking this carefully. Above 0.2 would be ultrabullish after that perfect downtrend channel break and retest