modern_day_astrology

modern_day_astrology Updated 

Cryptotraders are too focused on BTC pairs. Why not pay attention to ETH pairs as well? Look at the XMRETH chart. See that nice, predictable volatility? Ether and Monero aren't strongly correlated. These are two cryptos that with very different concepts and goals, so their prices tend to be uncorrelated (that is, compared with other cryptos). XMR will release...

modern_day_astrology

Monero is still far more bullish than Bitcoin, as you can see in the chart ranging from 2015 to today. Still, XMR doesn't get the attention that it deserves. CryptoNote is more secure, private, and decentralized, so I expect Monero to prevail in the long run over Bitcoin. As we can see from the linear regression above, Monero rarely falls below -2 standard...

modern_day_astrology Updated 

The release of Casper could potentially boost the price of ETH and improve the scalability and speed of the network. However, is Casper is delayed we might see increasing dissatisfaction with Ethereum. Some big projects could migrate to competing platforms such as Cardano, EOS, or Neo, which would be a huge blow for ETH. It all depends on the news now. It seems...

modern_day_astrology

XMRBTC just fell below -2 standard deviations using a simple linear regression model. The chart screams 'long', but take your own risks.

modern_day_astrology Updated 

Just an idea, let me know if you agree or disagree. 6.5k on April 18th might be the last bottom before a crazy bullrun. Pattern is invalidated if it crosses 7.6k.

modern_day_astrology

Remember when the 200 daily moving average was Bitcoin's strongest support? Today, it seems that the 200 DMA became a point of resistance as BTC failed to break it upward. So if Bitcoin doesn't break 9k soon - and I mean very soon - it's going to retest 6k and potentially dive to 5k. Also, do I even need to mention that the 'death cross' is looming?

modern_day_astrology Updated 

Thanks to low volume and the advent of Bitmex 100x leverage margin trading it's now possible for whales to pump and dump Bitcoin, which is why we've been seeing 5% up/down swings over the past week. Here's an idea of how to take advantage of a potential 5% upswing. Why is the price moving up and down ~5% ? The answer simple. Because you only need 4% swings to...

modern_day_astrology

News that Mt. Gox could unexpectedly sell 160k+ BTC could cause a ETHBTC bullrun as whales shift form one currency to the other.

modern_day_astrology Updated 

BTC crashed due to FUD and is now oversold. Expect a bounce back since the FUD wasn't real. Here's an idea of how this can play out. (Notice it may dip again and find support at 9.1k before it bounces back up.)

modern_day_astrology Updated 

This pump is reaching exhaustion soon. Look at the 4 hour RSI. I expect to see a correction to 10200-10300 tomorrow. Price should regress to the green line and hover around there for the next 4 days or so T. Nostradamus.

modern_day_astrology

Just for fun.

modern_day_astrology Updated 

It can go up or down (no kidding!). Given that RSI is approaching oversold levels I think the tendency is to go up.

modern_day_astrology Updated 

My crystal ball said this could happen.

modern_day_astrology

Could BTC be repeating the same kind of parabolic growth seen between 11/25 and 12/16?

modern_day_astrology Updated 

BTC had been going up over the past 2 weeks following a parabolic curve that couldn't be sustained. Then three things happened yesterday: 1. The 4-hour RSI reached overbought levels. 2. BTC went down and the parabola was broken. 3. BTC went up briefly today, but that may have been a dead cat bounce. If (3) was a dead cat bounce, you may want to rebuy BTC it when...

modern_day_astrology Updated 

It's unsustainable. You know what's going to happen.

modern_day_astrology

Notice anything?