Staying on track with our goal of being more focused on technical analysis, our team has been scouring charts for signs of harmonic patterns indicative of future price action movements. Sometimes, as we did, you’ll find the beginning formations of a pattern...
Based on the rules necessary for a bat pattern to be validated we feel as though Tron is in the process...
With the help of Tommy Tourettes (@Way) I was able to find the Gartley pattern on the 4-hour chart of a token I’ve been invested in myself for a few months, Worldwide Asset Exchange (WAX).
To begin, let’s look at how I found the Gartley Pattern.
Now that the pattern is complete I've labeled targets. To do this, I have personally learned to determine these...
Today, nearly a decade after Bitcoin’s controversial emergence, the world is taking a closer look at exactly how to regulate digital currencies. Governments want to protect their citizens and of course, maintain the integrity of their own economic systems. They implore the world to wait to buy into digital currency until the market has stabilized and more research...
Busting through the .618 on my Fib and wicking all the way thru a stacked Fibonacci to the.382 price action bounced perfectly as it began to correct. After some serious volume came in 4/22 pushing the price up close to 200%. AdEx has been riding horizontal support on the 1-hour chart just falling through. AdEx could see the .618 again before another bounce. This,...
Seeing a nearly 250% rise during the time VERGE was building up to announce its new partnership the coin quickly dipped more than 30% following the announcement that the partnership was with MindGeek, the parent company of PornHub.
Today the coins price line lies again on long-term support on the 4-hour chart between the .618 and the .382.
Current market-cap...
Breaking out of major resistance (indicated in black), Bitcoin seems to be signaling the start of a long-awaited bull run. Sitting just under another set of long-term resistance lines BTC has wicked through them once already on the 1-day chart and currently sits above them on the 4-Hour. It does appear price action is struggling to stay above them on the 1-hour...
Ten X, creators of PAY token, have created a debit card usable all over the world with no foreign transaction fees. Previously partnered with Visa, the companies debit cards have been unavailable and unusable since January when the contract with debit card creators, Wavecrest, was terminated. Things about the cards were quiet until March 23rd when silence about...
That's right! Support for Pink Coin's IOS wallet is available on Apple devices via the Coinomi wallet as of 2 days ago. Pink Coin is on fire with awesome releases, now accepting most major crypto-currencies including, PINK, BTC, LTC, MUE, DCR, DASH, NEM, PIVX, XMR, UBIQ, DASH, and DOGE in their official Pink store. Their Twitter feed look sharp, full of happy...
Looking great since the last time I posted about it, Decentraland's Mana coin and associated gaming platform have seen some serious innovation.
Opening a new market-place just two days after I posted my last update, Decentraland now allows holders of land to trade, buy and sell their property. In the works? A partnership with Opskin a platform for buying, selling...
This year is slated to be a BIG year for holographic VR producers VIBE Hub. Moving in last month to their state of the art, holographic recording studio, Vibe claims to have over 100 sessions planned this year.
The charts have been looking rocky but this is a niche market and only the beginning. What does the market say?
With Vibes market cap dropping...
Last month Bit Pay unveiled support for card top-ups using the Bitcoin rival, Bitcoin CASH. At the time, it was my hope that adoption of BCH transactions would boost support for the community....unfortunately when looking over the charts from the last couple of weeks, things do not look as good as I'd hoped. Since March 3rd price action for BCH vs BTC has dropped...
Ionomy studios announced this past Friday that they have partnered with Rekell Games and will be involved in a redesign of the popular game Rumble Arena!!
Jumping from coin rank 171 to 156 in the period of a week, USD value has increased more than 40 cents with a $7,188,296 increase in market cap since my last overview of the coin!
Community wise, support for...
On my one day chart, STEEM has been holding above a long-term support line below the .382 on my fib extension. Remaining in the green channel of my pitchfork for the better part of the last 2 months this coin looks set to see a possible 10-20 percent rise within the next month with potential to rise significantly beyond that if it breaks resistance.
Zooming into...
As of now on the BTC chart POT seems to be trading sideways between the .618 and .786 on my long-term Fibonacci following a correction after a 200% rise. Looking at my pitch fan POT sits on crossover where a short-term support line meets long-term resistance. The next area of significant resistance I see is around 2100 satoshis. My overall hope is that we’ll get...
IOTA has had a great day, if you were in on it we hope you saw some profits!
Price action followed support to the .786, bouncing from there straight through an area of resistance before starting to correct. Tonight volume across all of the time periods is looking strong. IOTA looks likely to stay above short-term support I've indicated with the yellow trend...
Since my introduction about a month ago Dash has, like many coins fallen through major support lines identified on my charts at the time of posting. With those lines becoming resistance but positive news in the media what might the next few weeks look like?
Looking at the one day chart it looks like Dash could be about the bounce from the support it is currently...
On Binance today Delta coin (DLT), an ER20 token built on the Ethereum network has had the highest gains. The token backs the developer company Agrello, creators of AI facilitators specifically responsible for guiding users of smart contracts through the creation and execution of the documents.
The vision of Agrello?
"to change the world with legally binding...
BTC is looking bullish but BCC still holds a valid place in the market. Technical analysis on BCH looks good with the USD price recently bouncing off of the .786 on my chart for the 3rd time in a month and resting on support found with my pitchfork at the midpoint between there and .618. BCC seems to be forming an ascending triangle indicated by the turquoise line...
