Very short term analysis.
Bear option: 2 hour close below 5100 will see continuation sell off to 4650 before pausing and possibly reversing. 4200 better area though.
Bull option: Looks unlikely, but a 2 hour close above 5300 or 5350 to be safe and we will see cascade short liquidations (there is certainly enough) to 6k+
The annual Finex FUD is just FUD until...
Tone Vays is the best public trader in the space bar none. I have huge respect for not only his technical expertise, but what he does for the BTC space.
As of right now, he believes new lows are the most probable route, and that this recent up move is a bull trap. Only time will tell, but I thought I'd counter trade him. As long as we stay above 4950 for the...
See my attached idea from 2 years ago outlining the fundamental reason for Factom being the best buy at the time.
Since then there has been an extra two years of development, significant funding, and most importantly the company has begun on boarding real world customers - - it's not vapourware like every other shit alt.
Technically, the bottom clearly came...
People with patience are about to make a nice Xmas bonus.
Ideal entry is anywhere below 3k, but time wise reversal could happen whenever in the next 24 hours imo. Just look for some decent sized green volume bars :).
I don't think this will happen.
No decent traders are calling for this on this timeframe.
Bitcoin buzz is a thing of 2017.
Sentiment is rekt.
Same pattern as 2014.
BCH is new BTC.
Vinny tried to stop this.
But what if everyone is wrong? I have become obsessed with studying contrarian psychology of late, and feel it's...
My long term forecast.
Nothing to say really. I wish we could have 100 green weeks in a row, but it doesn't work like that.
March might be the month where you can buy a futures investment in retirement.
I have a feeling a lot of people are losing money right now. After 12 months of constant ATH's, the market seems to be in a bit of shock, and trades both ways are quickly rekt. I had my first little loss in a while on my last trade when I bought the fakeout haha.
I have never been so uncertain to be honest.
A part of me feels that serious doom is very close, but...
I think we can all agree that 2017 was the biggest year for Bitcoin to date, not just because of the price surge, but all the drama that came with it.
2017 was also the year that alternative coins made their mark - and as of right now, are being mentioned more than bitcoin basically everywhere.
Which brings me to what I think might happen this year.
For those that follow me, we correctly called the top(?) and made a decent return on our last trade (see attached). Now - in any other lifetime, in any other market, we could go and enjoy a nice correction while we all have a buys filled lower.
The problem is, Bitcoin is self aware. She doesn't want you to be happy and stress free, she is going to...
Everyone is allowed to call the top once. This is my turn.
I think the top is coming in the next 24-36 hours. I think that top is between 11-12k. I think we will then crash to 8k in maybe 12 hours.
This is almost an exact mirror to the 2014 top. This perfectly lines up with the TD indicator giving us the 9 on the month and the week.
I'm going to try and catch...
I have been an massive ALT bear ever since June this year. I think for a lot of them, the bottoms are STILL not in.
One of my best trades this year was my 'It's a fact' trade where I made over 350% returns on Factom going to the moon in a matter of months. Since then it has been rekt. 90% down from the highs. No big surprise, BTC has killed everything, and FCT...
Congrats everyone - it has been one hell of a year!
We have one last mission though. I'll ask only those brave enough to step forward.
This is it, the final run. I think it's going to come and go much quicker than everyone else thinks. What is quick? I'm going to say the top will be in at the very latest one month from today- so the 16th of November. However...
See me first Factom chart.
There have been two things that have changed since the moon was breached.
1. Alts suffered signficant pullbacks (factom down nearly 70%)
2. Factom fundamentals are stronger (and continue to each day).
Still the one of the best companies in crypto. Still one of the best bull charts.
A whiplash up is coming for another look at ATH.
Factom without a doubt has the best team in crypto. When I say team I talk about the company as a whole. There are so many reasons I could list as to why this is going MINIMUM 3x this year, but the very small market cap (currently ~33m) relative to other alts, and where they are on a developmental stage is enough reason on its own.