Is #DeFi Blockchain’s Killer dApp? Over the years, talk about what blockchain’s best use case is has turned from gaming to cloud computing, and over toward more obscure possibilities. As time goes by, however, it’s become apparent that money is what blockchain does best, especially when that money, and the way it’s invested, is decentralized. #DeFi, short...
Wave 4 is done on retracement the 50% fib of Wave ( iii ) Signs of bullish divergence W equals Y in length Now Wave 5 in construction! Let it play out... #LINK #CRYPTO #LINKCHAIN #CHAINLINK
OKEx: Banking the Unbanked If you are reading this, you likely have access to a list of globalizing technologies and services such as a bank account, a smartphone, and higher education. In turn, with such technology and services at your disposal, you have likely achieved things many global citizens dream about. With your bank account and smartphone, think of...
The ongoing correction in $XMR looks almost done. We have got a new low with Bullish divergence What are you waiting for? The absolute low? Accumulate! Target? Wave 3 ~ $270 MOON #XMR #MONERO #CRYPTO MONERO - XMR What are you waiting for? Accumulate
The previous halving in August 2015, led to a nearly 600 day period of ranging price action. Although LTC has outperformed most cryptocurrencies and assets since the beginning of the year, a more bearish picture may be more likely in the following months. Open interest on Bitfinex for the LTC/USD pair is 77% long with longs rising slightly over the past few weeks...
Waiting for the launch? Owww! He already in orbit! But wait, still in time! Next stop. Space station! later? Mars! It’s easy to become impatient with the process you’re unable to see. To the moon is too close, go beyond We go TOGETHER! Together we are STRONGER! Good luck! God bless! #CRYPTO #XRP #XRPUSD #XRPBTC #RIPPLE
Elliott Wave Theory attempts to identify recurring price movements within financial markets and to classify them into a set of meaningful patterns, which can become a reliable tool for future price predictions. The underlying principle is that price-action unfolds via an endless alternation between trending and corrective cycles, while producing this effect on...
Update $LINK There we go, we've reached $2.20!! Next stop? I did a detailed count of the move since 14 Sep. last study > $2.32 would confirm more upside < $2.10 bearish alarm Zooming in tells me that it will push higher and the move even starts to look parabolic. I expect that we will see some resistance here. So, I won't be surprised to see some kind of...
Cryptocurrency Market Stalls As Horizon Fades The cryptocurrency market appears to have stalled out in the wake of several fundamentals that failed to deliver. Bakkt’s weak BTC futures debut and the withdrawal of VanEck SolidX’s ETF proposal both adversely affected the market, and today’s slump is a direct result. Investors and traders look to impending...
Ethereum Showing Signs of Life. The Ethereum still looking primed for a move up into the we’re looking to the rest of the market to jump up again as well. ETH kicked this move off. During that time, a downward taper paired with a sharp move up perfectly showcased keen buyer interest showing up for the world’s number two digital asset. Since then, ETH bulls...
We had a minor 5th wave so the expected retracement followed... Are you ready for the next leg higher? Everything goes according plan. But the bulls have a lot of things to do... The trading Up 28% since my last update which, marked the absolute bottom. Breakthrough that rising channel Movering towards 223 sats I believe that there is still more upside...
Bitcoin Breaks Down After weeks of indecision and what appeared to be a strong argument for $10K $BTC, bear pressure finally broke through the lines and took Bitcoin down hard. The carnage on the charts wasn’t limited to $BTC, however, as all the majors ($ETH, $XRP, $EOS, $XLM) took hits in the double-digits. The surprising and impossible to predict turn of...
Which Way Is Up? Kind of a crazy week in crypto world, right? Whats the altcoin trading cheat sheet say? Something like: Bitcoin goes up, altcoins dump Bitcoin goes down, altcoins dump Bitcoin stays flat, altcoins pump This week seemed to give that meme a bit of merit that is, until the past could days. Since then, alts have been in a bit of a...
EOS has pulled a bearish about-face since the Voice announcement on June 1st with exchange volumes dropping drastically over the past eight months. Bitfinex EOS/USD long/short open interest is currently 89% long with long interest ranging near record highs and shorts rising slightly over the past month (top panel, chart below). This large reduction in short...
Cryptomaniacs crew! Like a wearying prizefighter, BTC is doggedly remaining in the ring despite appearances of fading energy. Bitcoin, along with the rest of the cryptocurrency market, is currently amidst an unmitigated period of indecision. Then again, you cant really complain about $10K BTC. Especially when global buyers have repeatedly stood their ground to...
The cycle ETHEREUM / BTC Possible wave 3 completed. The bearish market is short to finish in alts BTC pairs
Been a while since I watch the USD chart of $XLM and I was chocked. It gave back almost all it's yearly gains?! A new cycle low is a possibility Could be minor (<0.07093) Big support at 0.0626 Break outside channel = first bullish warning WELCOME TO ALTSEASON We go together Together we are stronger Share and like Thanks God bless you!
It looks like we've finished a corrective wave (WXY) wave 2. A double pivot bottom! Possible symmetry in progress. I will update as progress