drubio

drubio

This is a chart of ALT Dominance (1-BTC*D) in the CryptoCurrency MktCap, I make a case for a bullish perspective on alts (which have been in an accumulation pattern for a while now) by watching an Inverse H&S formation (or a normal H&S formation on BTC*D). I drew the neckline judging by the fib retracement, which makes even more sense considering it visited 0.618...

drubio

Low Volume/Low Liquidity and cheap, makes it prime to be pumped. The release of "Alexandria" will probably make people FOMO in and get it to know. It's a finished product. Technically it looks good, expecting pump. I've charted Bittrex where most of the volume lays, but Polo should be good as well. Alexandria Release News: twitter.com Florincoin Block Reward...

drubio

Well I'm starting to see a lot of parallels between the last time this fractal appeared in July and this time. FUD news beginning to appear in all "official" mediums such as Bloomberg, Financial Times, Reuters, WSJ and the like. China "banning" ICOs (they've banned Facebook before and 3 years ago THIS SAME FUD of -Bitcoin BAN- dropped the price to...

drubio Updated 

Bancor, the protocol for Smart-tokens aiming to solve the liquidity problem. People are fooled by the market cap of coins in the cryptoverse, thinking that marketcap is representative of actual circulating supply. Truth is, mktcap is simply (PRICE) * (TOTAL SUPPLY) (which is the reason we got coins such as $XRP and $MOON on the top mktcap lists), but if you're...

drubio

XRP looking interesting from here. XRP had a small rally which I can't really fathom but just like it did in march it began consolidation and is compacting. Bollinger Bands are compacting in the 4 hr tf as well, looks like it is compacting in the daily timeframe as well. Stochastic RSI is on oversold levels. Expecting a breakout.