¿Is the history repeating again? With more and more institutional money jumping into ethereum, more usd-based volume, and being able to recover from a lot of troubles and building a strong support at 7$, could be ethereum headed to bitcoin ATH's repeating its behaviour of the "great ethereum bubble" back in january 2016? Not margin trading at all this kind of...
This is a strong reversal area, where ethereum has found both support and resistance more than 10 times. We have highly overbought RSI's (monthly, weekly, daily, 12h, 4h...), only seen before in the major bull run ethereum had from 0.0018 to 0.0372 btc. And even though it kept going up it had also nice corrections that we can take profit of. This is a small...
First i want to talk you a bit about DASH. Dash was first born a XCoin. XCoin is a "for profit" project started by Evan Duffield, that was looking for help at the end of december 2013 . After some problems with launch (lack of windows builds, some unexpected bugs etc) Xcoin is finally launched without anyone knowing what was going to make XCoin different to any...
We all know how important is hype in crypto. Not even bitcoin is out of danger from hype (see etf hype currently ongoing). And SadowCash has and allegedly important announcement the 17th of march ( see this ). Whatever it is, there will be hype prior annoucement. Probably hype train already ongoing. This announcement could potentially be the open beta of their...
100% move upwards in a week, highly overbought RSI's (specially weekly, daily and 12h), macd 1h crossing down, macd 4 hours trying to turn down... Plus we all know the fundamentals of dash: a instamine where the lead devs mined 1.5M coins in 8 hours (current supply just above 7M coins), a fake democracy where +50% of the votes are controlled by the instaminers, a...
SEC has an auto-imposed date limit to give an answer to the bitcoin ETF proposals, the biggest and most known one, the "COIN" ETF proposed by the "facebook" twins. A no answer would result in an automatic approval. In favour of the approval we have the current mess in SEC, that still has not designated a new head since TRUMP occupied the White House. Also a...
Monero has just broken a 2 weeks strong downwards trendline just when it was trying to break a huge triangle that would have taken it to retest its november lows. With a unable to scale bitcoin (check this tx blockchain.info), a potential bitcoin etf rejection, and a strong technichal setup for a long, we could be heading to a new bull cycle that could take it to...
LONG FUTURES X2 MARGIN SHORT SPOT X2 MARGIN Enjoy easy profits. Sooner or later this 115 gap will be closed. Just a matter of time. We just have to use low margin to ensure avoiding being liquidated.
Monero has signaled mid term trends in the 4h chart with clear divergences. Now we are dealing with a new one, just confirmed in the RSI too. So probable we are ready to a new pump to the next resistance 0.0193 or 22 usd. Some videos about monero worth seeing: Fluffypony talk at coinbase headquarters www.youtube.com Fluffypony speech at the North America...
As every low liquidity asset with total lack of market regulation or at least little regulation, bitcoin experiences bubbles. We've already seen 3 major ones 1. from sub $1 to $30 2. from $15 to $230 3. from $120 to $1150 And tones of them at smaller scales. And this last one we experienced in december and first days of january was one of the bigger ones if we...
This are stressfull times for bitcoin. It was approaching usd-ATH and has already crossed old CNY ATH's when the PBOC decided to talk about bitcoin even though they had been quiet for 4 long years. The whole bear market. And the very same moment months of bull market were going to destroy all records, they decided to talk. Though we have to say they haven't said...
ICONOMI is a platform that is owned by the ICN token holder's that will receive dividends in ETH as per platform profits. Basically the platform will profit from two streams: -"Venture fund" - With the funds collected in the ico the fund will invest in the best crypto-oportunities and take profit of their size to easilly make profits that will share with the ICN...
As i said yesterday in my past long ideas to bitcoin, i had exited all my margin positions. Today we've seen an interesting dump, though it failed to reverse yesterday's green candle. Still i have reasons to think this is kinda' topish and that we could see a major and long over due correction. If bitcoin goes bubble, we might skip this correction, but if it...
I wont margin trade this potential bubble, but i will hold my bag expecting it to happen. I dont want to say XMR could be the next BTC, as that usually dooms any project, but i really trust in Monero fundamentals long term. 1. Ring Signatures & Stealth Addresses Ring Signatures - To simplify it, similar to a bitcoin mixer but included in protocol and used "by...
A short-term long looking for a repetitive pattern. We are looking for buying target (green label), were price should rebound on 34 EMA & trendline , while RSI should retest new low. Our targets are red-labeled and are not a "hard number", and should be adjusted to market conditions, same for buying point. Stoploss under trend line , not too tight.
I see a clear bottom for monero in the 0.006 range, where the first wave of the last bull run bottomed. Monero has clearly double bottomoed in this area, and as predictable it is going upwards. MAIN THREAT: BTC running too quick. I do know btc trend is upwards but we have already seen huge alt-pumps while btc in a strong uptred (ie. eth reaching @20$ at @0.028BTC...
It is said that the hard time limit for a bull flag is 8-12 weeks. This one is in the limit. But volume matches and it is a possible pattern.
Correction is over. Trend must go on, and on, and on I see a clear bottom for monero in the 0.006 range, where the first wave of the last bull run bottomed. Monero has clearly double bottomoed in this area, and as predictable it is going upwards. MAIN THREAT: BTC running too quick. I do know btc trend is upwards but we have already seen huge alt-pumps...