XMR/BTC has a poor market structure with low volume and is just treading water right now around 0.006 BTC. Can the bulls thwart the bears at 0.006 and reverse this situation? I think so and therefore believe this to be a treasure hunt. Monero has unique qualities and advantages over Bitcoin that people may awaken to in the not too distant future. How many people...
Decred awoke from its slumber at the beginning of November. Perhaps Halloween jolted it to life. We went long DCR/$USD on 12 November and are +112%. Decred is something we are interested in long term. We will be looking out for a short term correction however as the price has more than doubled in 3 weeks. Both Stochastics and the RSI suggest we are in...
Gold's price cleared its 200 day moving average on 03 December 2018 and has been in an uptrend ever since. The 200 MA has risen steadily since that crossing. The 50 day moving average has acted as support throughout 2019 & 2020 ie. May 2019, March 2020 and just this November 2020. Gold looks primed now for another leg up and continue on it's bullish path to...
Link/USD has been trading within a 2 month trading channel recently and looks good value here with resistance at $16.50. Link has found support along the lower band of this channel over the past 2 months. We can see a series of higher lows followed by higher highs. The current price sits at $12.36 and the next top within this channel would be in and around...
0x is an open protocol that enables the peer-to-peer exchange of assets on the Ethereum blockchain. ZRX/BTC pushes through stubborn resistance at 0.00002572 at the fourth attempt in the past month. ZRX/USD +37.89%in the last week but is facing resistance at $0.535.
While much of the attention has been on Bitcoin lately with an all time price high imminent, do not forget about the top performer in the crypto market for the past three years ie. Chainlink. $LINK is +787% YTD compared to Bitcoin +166%. Chainlink took a well deserved breather after a stunning rally which started in earnest late 2017 at $0.13 and rocketed 15284%...